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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 reports increased adjusted net income of $6.5 billion and cash flow of $9.3 billion in Q3 2023, demonstrating the success of its transition strategy. The company's Oil & Gas business saw a 5% increase in production, and exploration successes in Suriname and Namibia will contribute to future cash flow growth. TotalEnergies also achieved milestones in its Integrated Power segment with the commissioning of offshore wind and solar projects. The company plans to distribute a third interim dividend of €0.74/share and execute a $9 billion share buyback program in 2023.
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TotalEnergies has signed agreements to acquire Quadra Energy, a top aggregator of renewable electricity production in Germany. This acquisition will strengthen TotalEnergies' integrated power business in Germany and expand its trading capacity and marketing activities. It will also contribute positively to the company's profitability target of 12% ROACE by 2028.
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TotalEnergies announces an increase of 7.25% in the third 2023 interim dividend. The dividend will be paid in cash and the ex-dividend date is set for March 20, 2024.
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TotalEnergies announces the commissioning of its floating storage and regasification unit (FSRU) for liquefied natural gas (LNG) in the port of Le Havre. The terminal injected its first gas into the grid and has contracted 50% of its annual capacity. TotalEnergies aims to increase the share of natural gas in its sales mix to close to 50% by 2030.
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TotalEnergies and its partners have been selected by New York State for a 25-year contract to supply 1.4 GW of renewable electricity. The project aims to commission in 2029 and includes the construction of a General Electric facility and $300 million in investments in community-focused projects. The profitability of the project is ensured by guaranteed revenue, tax credits, and competitive advantages.
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TotalEnergies has started commercial operations of its utility-scale solar farm in the United States. The solar farm has a capacity of 380 MWp of solar production and 225 MWh of co-located batteries. It will supply green electricity to the Company’s industrial plants and a real estate company. The project will contribute to TotalEnergies’ profitability target of 12%.
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TotalEnergies SE announces the purchases of its own shares from October 16 to October 20, 2023.
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TotalEnergies partners with Corio Generation and Rise Light & Power for the development of the Attentive Energy offshore wind project off the coast of New York and New Jersey. TotalEnergies received $420 million in cash consideration for its stake in the project. The project aims to develop over 3 GW of offshore wind and provide green electricity for more than a million homes. TotalEnergies strengthens its presence in the U.S. renewables space and supports the U.S. government's goal of developing 30 GW of offshore wind by 2030.
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TotalEnergies and SSE Renewables announce full operation of Seagreen offshore wind farm
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TotalEnergies releases main indicators for third quarter 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 $58.26 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.

TotalEnergies SE

NYSE:TTE

TTE Rankings

TTE Stock Data

133.97B
2.26B
0%
7.06%
0.18%
Oil & Gas Integrated
Energy
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United States of America
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