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TotalEnergies SE - TTE STOCK NEWS

Welcome to our dedicated page for TotalEnergies SE news (Ticker: TTE), a resource for investors and traders seeking the latest updates and insights on TotalEnergies SE stock.

TotalEnergies SE (symbol: TTE) is a French multinational integrated energy and petroleum company founded in 1924. As one of the world's seven supermajor oil companies, TotalEnergies is a key player in the global energy market. The company is involved in all aspects of the oil and gas industry, from exploration and production to refining and distribution.

In 2023, TotalEnergies recorded an impressive production rate of 1.6 million barrels of liquids and 5.0 billion cubic feet of natural gas per day. By the end of 2022, the company's reserves were estimated at 10.2 billion barrels of oil equivalent, with 56% being liquids. Additionally, TotalEnergies achieved LNG sales of 44.3 metric tons in 2023. The company also has significant interests in refining, with a daily capacity of nearly 2.0 million barrels, mainly located in Europe. These refineries enable TotalEnergies to distribute refined products across 65 countries.

Moreover, TotalEnergies is making significant strides in the renewable energy sector. By year-end, the company had installed a gross renewable power generation capacity of 22.4 gigawatts. This commitment to sustainability underscores TotalEnergies' dedication to transitioning toward cleaner energy sources.

Alongside its oil and gas operations, TotalEnergies is a major player in the chemical industry, manufacturing both commodity and specialty chemicals. The company’s diverse portfolio and continuous efforts in innovation and expansion reflect its robust financial health and strategic partnerships.

Stay informed with the latest updates and developments about TotalEnergies SE on StockTitan, where you can find detailed information and news about the company’s performance and projects.

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TotalEnergies SE (TTE) has disclosed its total number of shares and voting rights as of April 30, 2024.

The company reports 2,386,846,474 shares in its share capital, with 2,313,549,003 of these being exercisable voting rights at the shareholders' meeting.

The difference accounts for 73,297,471 treasury shares.

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TotalEnergies aims to provide clean cooking access to 100 million people in Africa and India by 2030.

The company announced a $400 million investment in liquefied petroleum gas (LPG) for this purpose, during the Clean Cooking Summit organized by the International Energy Agency (IEA).

They will also introduce digital pay-as-you-cook technologies to make clean cooking more affordable.

Currently, over 2.3 billion people lack access to clean cooking solutions, relying on traditional stoves that contribute to health and environmental issues.

Cleaner cooking fuels like LPG can improve air quality, reduce CO2 emissions, and save time spent on collecting wood.

Patrick Pouyanné, CEO of TotalEnergies, emphasized the initiative's alignment with the company's sustainability goals and its potential positive impact on health, gender equality, and the environment.

TotalEnergies already serves over 50 million people in Africa and Asia with LPG.

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TotalEnergies SE (TTE) disclosed transactions of its own shares in compliance with shareholder authorization and applicable laws. Between May 6 to May 10, 2024, the company repurchased a total of 2,245,003 shares at a daily weighted average price of EUR 67.64, amounting to EUR 151.86 million.

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TotalEnergies announces successful first oil production on the Eldfisk North Project, located in the Greater Ekofisk Area in the North Sea. The project, approved in December 2022, started production ahead of schedule in the second quarter of 2024. With a low break-even and low greenhouse gas emissions, the project is a valuable addition to TotalEnergies' portfolio.

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TotalEnergies and SINOPEC signed a strategic cooperation agreement to deepen collaboration in low-carbon energies, including sustainable aviation fuel production. The partnership aims to combine R&D expertise in biofuels, green hydrogen, CCUS, and decarbonization.

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TotalEnergies SE (TTE) disclosed its own shares transactions from April 29 to May 3, 2024, totaling 1,939,925 shares with a daily weighted average purchase price of 68.04 EUR, amounting to 131,999,880.84 EUR.

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TotalEnergies will hold its Ordinary and Extraordinary Shareholders' Meeting on May 24, 2024, where shareholders can participate, vote, and access relevant documents. The meeting details and procedures for voting are available on the company's website. Shareholders can request documents and consult them online or at the company's registered office. The preparatory documents for the meeting are accessible on the website.

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TotalEnergies SE discloses the purchases of its own shares from April 22 to April 26, 2024, totaling 1,988,604 shares and amounting to EUR 135,422,248.79. The company traded on multiple exchanges at various prices.

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TotalEnergies Board of Directors reaffirms its stance on unified governance, rejecting the advisory vote for separation of roles. The company emphasizes shareholder dialogue and highlights the importance of a combined Chairman and CEO position. The Board's decision is based on extensive consultation and careful consideration, aiming to maintain a well-balanced corporate governance framework.
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TotalEnergies leads in employee shareholder ownership in Europe with over €11 billion of its capital. The company's Board of Directors approved various initiatives, including granting 100 shares to each of its 100,000 employees globally, a capital increase at a discounted price, and a performance share allocation plan. TotalEnergies ranks first in employee shareholding in Europe, with over 65% of employees being shareholders by the end of 2023.
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FAQ

What is the current stock price of TotalEnergies SE (TTE)?

The current stock price of TotalEnergies SE (TTE) is $58.75 as of January 23, 2025.

What is the market cap of TotalEnergies SE (TTE)?

The market cap of TotalEnergies SE (TTE) is approximately 134.4B.

What is TotalEnergies SE?

TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924. It is one of the seven supermajor oil companies globally.

What are the core operations of TotalEnergies?

TotalEnergies is involved in the exploration, production, refining, and distribution of oil and gas. It also manufactures commodity and specialty chemicals and invests in renewable energy.

How much oil and gas does TotalEnergies produce daily?

In 2023, TotalEnergies produced 1.6 million barrels of liquids and 5.0 billion cubic feet of natural gas per day.

What are TotalEnergies’ reserves as of 2022?

By the end of 2022, TotalEnergies had reserves of 10.2 billion barrels of oil equivalent, with 56% being liquids.

How much LNG did TotalEnergies sell in 2023?

TotalEnergies achieved LNG sales of 44.3 metric tons in 2023.

Where are TotalEnergies’ refineries located?

TotalEnergies owns interests in refineries with a capacity of nearly 2.0 million barrels a day, primarily located in Europe.

In how many countries does TotalEnergies distribute refined products?

TotalEnergies distributes refined products in 65 countries.

What is TotalEnergies’ renewable power generation capacity?

As of year-end, TotalEnergies had a gross installed renewable power generation capacity of 22.4 gigawatts.

Does TotalEnergies operate in the chemical industry?

Yes, TotalEnergies manufactures both commodity and specialty chemicals, making it a significant player in the chemical industry.

Where can I find the latest news about TotalEnergies?

You can stay informed with the latest news and updates about TotalEnergies SE on StockTitan, where detailed information about the company’s performance and projects is available.
TotalEnergies SE

NYSE:TTE

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TTE Stock Data

134.42B
2.24B
0%
7.06%
0.25%
Oil & Gas Integrated
Energy
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United States of America
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