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 (TTE) generates a steady flow of news that reflects its role as a global integrated energy company active in oil and biofuels, natural gas and green gases, low-carbon hydrogen, renewables and electricity. This page aggregates regulatory announcements, project updates, and corporate developments drawn from company news releases and SEC submissions, giving investors and observers a single view of the latest disclosures.
Recent TotalEnergies news highlights upstream exploration and production moves, such as a joint study and application agreement with BluEnergies to explore a deepwater fan play in the Harper Basin offshore Liberia, and agreements in regions like Namibia, Guyana, Nigeria and Malaysia. Other articles cover portfolio management steps, including divestments of non-operated oil interests in Nigeria and changes in gas and renewables holdings, which illustrate how the company adjusts its mix of assets across geographies and energy types.
For followers of the energy transition, TotalEnergies news also features renewable power and electricity activities. Releases describe long-term power purchase agreements to supply certified renewable electricity to data centers in Malaysia and other markets, the development of solar projects, and the build-out of a portfolio that combines renewables with flexible gas-fired and storage assets. Additional coverage includes trading and downstream developments, such as the creation of BxT Trading in partnership with Bapco Energies to trade petroleum products in the Middle East.
Regulatory and capital markets items appear frequently as well, including disclosures of transactions in the company’s own shares, information on voting rights and share capital, and filings related to guaranteed notes and NYSE listing changes. By reviewing this news feed regularly, readers can see how TotalEnergies communicates its strategic moves, operational updates, and financial actions across the full spectrum of its integrated energy business.
TotalEnergies SE has announced the repurchase of 2,148,127 shares between February 13 and February 17, 2023, in accordance with shareholder approval from May 25, 2022. The transactions were executed at a daily weighted average purchase price of €59.671902, totaling approximately €128.2 million. The detailed transactions, including daily volumes and prices, are available on TotalEnergies' investor relations website. This buyback reflects the company's commitment to enhancing shareholder value.
TotalEnergies and Corio Generation have entered a joint venture to develop the Formosa 3 offshore wind project in Taiwan. This project, which was awarded 600 MW of grid capacity for the Haiding 2 windfarm in December 2022, encompasses three proposed windfarms: Haiding 1, 2, and 3, with a total capacity of approximately 2 GW. Corio will maintain a majority share and lead the development. The investment is part of Taiwan’s green energy transition and aims to enhance TotalEnergies' renewable portfolio from 17 GW in 2022 to 35 GW by 2025. The agreement is subject to regulatory approvals.
SunPower Corp. (NASDAQ:SPWR) reported record Q4 results with nearly 24,000 new customers and revenue of $497 million, reflecting a 43% YoY growth. The company achieved a GAAP net income of $8 million and adjusted EBITDA of $36 million. For the full year 2022, SunPower added 83,000 customers, generating $1.7 billion in revenue, a 53% increase YoY, and net income of $56 million. As of January 2023, SunPower boasts a strong financial position with $48 million in net recourse debt, and successfully repaid $425 million in convertible debt. The company continues to secure new supply agreements to meet rising demand.
TotalEnergies SE is initiating its annual capital increase aiming to engage employees and former employees in its growth strategy. This capital increase, approved by the Board on September 22, 2022, will offer up to 18 million shares at a nominal value of €2.50 each, totaling €45 million or 0.69% of the company's capital. The subscription price will be based on the average closing price from the 20 trading sessions prior to the subscription period, with a 20% discount. The subscription period is set from April 28, 2023, to May 15, 2023.
From February 6 to February 10, 2023, TotalEnergies SE (Ticker: TTE) conducted share repurchases totaling 2,720,648 shares at an average price of €57.19 per share, amounting to approximately €155.6 million in transactions. This activity aligns with the authorization granted during the shareholders' meeting on May 25, 2022. The repurchase includes daily volumes ranging from 10,000 to 390,653 shares across multiple transactions in various markets. For detailed transaction data, investors can refer to TotalEnergies' official website.
TotalEnergies SE posted strong financial results for 4Q22, reporting an adjusted net income of $7.6 billion, up 11% year-over-year, and a full-year net income of $20.5 billion, a 28% increase compared to 2021. The strong results were driven by a 5% rise in hydrocarbon production and a 22% increase in LNG sales. The company plans to distribute a dividend of €0.74/share and confirmed a payout policy of 35-40% for 2023, including share buybacks of $2 billion in the first quarter.
Notably, the company anticipates net investments of $16-18 billion for 2023, focusing on low-carbon energies. The return on equity stood at 32% for 2022.
TotalEnergies (Euronext: TTE) announced ex-dividend dates for 2024 during a Board meeting on February 7, 2023. The first interim dividend will have an ex-dividend date of September 25, 2024, followed by the second interim on January 2, 2025, and the third interim on March 26, 2025. The final dividend is set for June 19, 2025. These dividends reflect TotalEnergies' commitment to returning value to its shareholders while continuing to focus on sustainable energy solutions across more than 130 countries.
TotalEnergies (Euronext: TTE) announced a proposed ordinary dividend of 2.81 €/share for fiscal year 2022, reflecting a 6.4% increase from 2021's 2.64 €/share. This increase follows three interim dividends of 0.69 €/share, resulting in a final ordinary dividend of 0.74 €/share, up 7.25%. Additionally, shareholders will receive a 1 €/share special dividend, resulting in a total of 3.81 €/share for the year. The ex-dividend date is set for June 21, 2023, with payment on July 3, 2023 for ordinary shares and July 17, 2023 for ADS holders.
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