Totalenergies Se Stock Price, News & Analysis

TotalEnergies SE (TTE) has disclosed its share repurchase transactions conducted from April 1 to April 4, 2025, following shareholder authorization from May 24, 2024. The company purchased a total of 1,904,600 shares at an average price of €57.65 per share, with a total investment of €109,805,619.91.

The transactions were executed across multiple trading venues: XPAR (Paris Exchange), CEUX, AQEU, and TQEX. Daily volumes ranged from 467,600 shares on April 1 to 500,000 shares on April 4, with purchase prices varying from €54.36 to €59.47 per share throughout the period.

TotalEnergies (TTE) has completed three major renewable energy acquisitions across Europe, Africa, and Canada. The company acquired VSB Group, a European wind and solar developer, adding over 15 GW pipeline capacity primarily in Germany. In Africa, TTE closed the acquisition of SN Power, gaining a 28.3% stake in Uganda's Bujagali hydropower plant (225 MW) and stakes in projects in Rwanda (206 MW) and Malawi (360 MW).

In Canada, TTE signed agreements with RES to acquire wind and solar projects totaling over 800 MW in Alberta, and completed the acquisition of Big Sky Solar (184 MW). The Big Sky facility will operate under a long-term PPA for two-thirds of its output.

These acquisitions support TTE's targets of reaching 35 GW of gross renewable capacity by 2025 and over 100 TWh of electricity production by 2030, while aiming for a 12% profitability target in the electricity segment.

TotalEnergies SE (TTE) has released its latest share capital and voting rights report as of March 31, 2025. The company reported a total of 2,270,057,201 shares in its share capital. After deducting 49,468,888 treasury shares, the total number of voting rights exercisable at shareholders' meetings stands at 2,220,588,313.

TotalEnergies SE has announced the filing of its 2024 Universal Registration Document with the French Financial Markets Authority on March 31, 2025. The document, along with its English translation and Form 20-F, is available on the company's website and includes:

• 2024 annual financial report
• Board of Directors' report on corporate governance
• Share buy-back program description
• Report on payments to governments
• Sustainability reporting under CSRD with certification
• Statutory auditors' reports

The Form 20-F was simultaneously filed with the SEC. The company has also made available the proposed resolutions for the upcoming Combined Shareholders' Meeting scheduled for May 23, 2025. Physical copies of all documents are available at the company's headquarters in Courbevoie, France.

TotalEnergies SE (TTE) has announced share repurchase transactions conducted between March 24 to March 27, 2025. The buyback program is being executed in accordance with the authorization granted by shareholders at the general meeting on May 24, 2024. The company is repurchasing its own shares under the ticker FR0000120271, with the transactions taking place across multiple exchanges including Paris, London Stock Exchange (LSE), and New York Stock Exchange (NYSE).

TotalEnergies (TTE) is advancing the conversion of its Grandpuits refinery into France's first zero-crude platform, with over 1,200 workers currently engaged in the transformation. The project's key phase includes two major initiatives: the construction of France's first advanced plastics recycling unit and a biorefinery for Sustainable Aviation Fuels (SAF).

The facility will have the capacity to produce 10,000 tons of pyrolysis oil annually from recycled plastic within months, and by early 2026, it will manufacture up to 230,000 tons of SAF yearly. While some second-phase projects like biogas and mechanical recycling have been suspended, TotalEnergies maintains its commitment to preserve 250 jobs at Grandpuits post-conversion, as initially planned in 2020.

TotalEnergies (TTE) and partners Equinor and Shell have announced the Final Investment Decision for Phase 2 of the Northern Lights carbon capture and storage (CCS) project. The expansion will increase CO2 storage capacity from 1.5 million to over 5 million tons per year by 2028, representing an investment of NOK 7.5 billion (~$700 million).

Phase 1 is completed and will begin operations this summer, starting with CO2 transportation from Heidelberg Materials' cement factory in Brevik, Norway. The CO2 will be stored 2,600 meters below the seabed off western Norway's coast.

Phase 2 includes new infrastructure development and follows a 15-year commercial agreement with Stockholm Exergi for storing 900,000 tons of biogenic CO2 annually from 2028. Northern Lights has secured agreements with five companies and is in advanced discussions with other European industrial customers for the remaining storage capacity.

TotalEnergies (TTE) has released its Sustainability & Climate 2025 Progress Report, highlighting significant achievements in its transition strategy. The company maintained its position as the most profitable Major for the third consecutive year with a 14.8% ROACE, while leading in energy transition investments with nearly $5 billion invested in low carbon energies in 2024.

Key environmental achievements include:

• 36% reduction in Scope 1+2 greenhouse gas emissions from operated oil & gas facilities compared to 2015
• Decreased emissions intensity in upstream activities to 17 kg CO2e/boe
• 55% reduction in methane emissions compared to 2020
• 23% increase in net electricity production

TotalEnergies has strengthened its 2025 targets, including:

• 60% reduction in methane emissions from operated facilities versus 2020
• Scope 1+2 emissions from operated facilities to be below 37 Mt CO2e
• 17% reduction in lifecycle carbon intensity of energy products sold compared to 2015

TotalEnergies has responded to allegations of human rights abuses reportedly committed by Mozambique's Defence and Security Forces in the Afungi Peninsula, Cabo Delgado province, during summer 2021. The incidents are connected to the Mozambique LNG project, in which TotalEnergies holds a 26.5% stake.

In November 2024, following media reports, the company requested Mozambican authorities to launch a formal investigation. During meetings with President Daniel Chapo in January, TotalEnergies CEO Patrick Pouyanné emphasized the importance of conducting the investigation under Mozambican law and sovereignty.

Two official investigations have been initiated: a criminal investigation by the Attorney General of Mozambique, announced on March 4, 2025, and a separate assessment by the Mozambican Commission on Human Rights (CNDH), confirmed on March 25, 2025. TotalEnergies has pledged full cooperation with authorities, while the CNDH will monitor the judicial investigation to ensure transparency and impartiality.