STOCK TITAN
  1. Home
  2. News
  3. TTE

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.

News

TotalEnergies SE: Disclosure of Transactions in Own Shares

Rhea-AI Summary
TotalEnergies SE (TTE) has declared the purchases of its own shares from January 29 to February 2, 2024, totaling 2,491,386 shares with a daily weighted average purchase price of 60.367008 EUR/share, amounting to 150,397,518.48 EUR.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
none
-
News

TotalEnergies Signs an Agreement for the Acquisition of OMV’s Upstream Gas Assets in Malaysia

Rhea-AI Summary
TotalEnergies has signed an agreement with OMV to acquire its 50% interest in Malaysian gas producer SapuraOMV for $903 million. SapuraOMV's main assets are its 40% operated interest in block SK408 and 30% operated interest in block SK310. In 2023, SapuraOMV's operated production was 35,000 barrels of oil equivalent per day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.26%
Tags
acquisition
-
News

Spain: TotalEnergies Acquires 200 Fast and Ultra-fast Charging Sites From Wenea Branded Network

Rhea-AI Summary
TotalEnergies and Wenea have announced an agreement to build a leading player in electric mobility in Spain by developing a network of high-power charging hubs. TotalEnergies acquired Nordian CPO, a subsidiary of Wenea group, which owns 200 charging sites from Wenea's branded network. These sites are located along major highways and in urban and peri-urban areas in all 17 regions of Spain. The companies are also discussing a strategic partnership to establish a high-power charging network. This partnership aligns with TotalEnergies’ ambition to deploy and operate more than 1,000 high-power charging sites for electric vehicles in Europe by 2028. Wenea is a leader in high power charging services in Spain, currently operating more than 1,200 charge points and aims to deploy more than 5,000 charging points in Spain and the United Kingdom by 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.7%
Tags
acquisition
News

TotalEnergies SE: Disclosure of Transactions in Own Shares

Rhea-AI Summary
TotalEnergies SE (TTE) has declared the purchase of its own shares from January 22 to January 26, 2024, totaling 2,549,883 shares at an average purchase price of 58.73 EUR/share, amounting to 149,766,863.47 EUR. The detailed breakdown of individual trades can be found on the TotalEnergies website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.02%
Tags
none
-
News

United States: TotalEnergies Awarded a 20-year Contract to Supply 1.3 GW+ of Renewable Electricity to New Jersey

Rhea-AI Summary
TotalEnergies and Corio Generation have been awarded a 20-year contract by the State of New Jersey to supply 1.34 GW of renewable electricity to over 650,000 homes. The project is a joint venture between TotalEnergies and Corio, with a guaranteed level of OREC revenue and a first-year set price of $131 per MWh. The profitability of the project is also supported by a 30% IRA tax credit, and the partners aim for commissioning in 2031. This achievement follows the provisional award of a 25-year supply contract by the State of New York to their Attentive Energy One project. TotalEnergies is expected to generate up to 10 GW of renewable power by 2025 and more than 25 GW by 2030, including a portfolio of more than 16 GW in offshore wind projects across various countries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
none
-
News

Germany: TotalEnergies Acquires Kyon Energy, a Leading German Battery Storage Developer

Rhea-AI Summary
TotalEnergies (TTE) has signed an agreement to acquire Kyon Energy, a leading developer of battery storage systems in Germany, for €90 million upfront payment. Kyon Energy has developed 770 MW of projects, with 120 MW in operation, 350 MW under construction, and 300 MW ready to build. TotalEnergies aims to develop, build, and operate these projects, contributing to its integrated power strategy. The acquisition strengthens TotalEnergies' presence in the German electricity market, following 2023 successes, and supports its profitability target for the business segment. TotalEnergies is also expanding its renewable electricity generation capacity to reach 35 GW in 2025 and more than 100 TWh of net electricity production by 2030.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.02%
Tags
acquisition
News

Renewables: TotalEnergies and European Energy Expand their Collaboration to Offshore Wind

Rhea-AI Summary
TotalEnergies signs agreement with European Energy to develop offshore wind projects in Denmark, Finland, and Sweden. The deal includes acquisition of equity stakes in two wind projects in Denmark, with electricity generation expected to start by 2030. TotalEnergies and European Energy also plan to develop new offshore wind projects in Sweden and Finland, leveraging their respective strengths. TotalEnergies aims to expand its renewable projects in competitive markets, while European Energy seeks to accelerate the renewable energy transition in Northern Europe.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.02%
Tags
none
-
News

TotalEnergies: Disclosure of Transactions in Own Shares

Rhea-AI Summary
TotalEnergies SE (TTE) announced the repurchase of its own shares from January 15 to January 19, 2024, totaling 2,538,411 shares at a daily weighted average purchase price of 58.962545 EUR/share, amounting to 149,671,172.07 EUR. The details of individual trades are available on the TotalEnergies website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
Tags
none
-
News

TotalEnergies SE: Disclosure of Transactions in Own Shares

Rhea-AI Summary
TotalEnergies SE (TTE) has declared the purchase of its own shares from January 8 to January 12, 2024. The total daily volume of shares purchased was 2,465,005, with a daily weighted average purchase price of 60.398730 EUR/share, amounting to a total of 148,883,171.79 EUR. The transaction details are disclosed on the TotalEnergies website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.79%
Tags
none
News

TotalEnergies SE: Fourth Quarter 2023: Main Indicators

Rhea-AI Summary
TotalEnergies SE (TTE) released its fourth quarter 2023 aggregates, showing main indicators, estimated financial information, and key elements impacting the company's performance. The main indicators include the €/$ exchange rate, Brent crude oil prices, average liquids and gas prices, LNG prices, and variable cost margin for European refining. The main elements impacting the quarter aggregates include hydrocarbon production, integrated LNG and power results, downstream results, and 2023 sensitivities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.79%
Tags
earnings

FAQ

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

The current stock price of TotalEnergies SE (TTE) is $58.26 as of November 25, 2024.

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

The market cap of TotalEnergies SE (TTE) is approximately 134.0B.

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.

Stock TTE logo
TotalEnergies SE

NYSE:TTE

TTE Rankings

#94 Ranked by Market Cap
#433 Ranked by Dividends

TTE Stock Data

133.97B
2.26B
0%
6.87%
0.18%
Oil & Gas Integrated
Energy
Link
United States of America
Courbevoie