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    FP   FR0000120271

TOTAL SE

(FP)
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Real-time Quote. Real-time Euronext Paris - 04/20 11:39:55 am
36.86 EUR   -3.10%
04/16TOTAL SA  : Buy rating from JP Morgan
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04/15TOTAL SA  : UBS reiterates its Neutral rating
MD
04/15TOTAL SA  : Goldman Sachs remains its Buy rating
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Total : Mozambique army says town attacked by insurgents is now secure

04/05/2021 | 01:04pm EDT

MAPUTO, April 5 (Reuters) - The town in northern Mozambique that Islamic State-linked insurgents attacked late last month is now secure after the military killed a significant number of militants and cleared one final area, an army spokesman and a provincial official said.

"We have completed the clearing (of the town). It was the only sensitive area that we needed to clear. ... It is completely safe," army spokesman Chongo Vidigal said in comments broadcast by state TV channel TVM late on Sunday.

Armindo Ngunga, secretary of state for the Cabo Delgado province, told Reuters on Monday that the town of Palma was "under the control of the state".

"There was significant loss of human life, infrastructure destroyed. But people are safe now," Ngunga added.

Insurgents on March 24 attacked the coastal town of Palma, near natural gas projects worth $60 billion that are meant to transform Mozambique's economy. Mozambique's government says dozens died in the assault, and security sources say clashes continued outside the town as recently as Friday.

Reuters has not been able to verify the accounts from Palma independently. Most means of communication with the town were cut off after the attack began.

Footage taken by TVM in Palma showed a soldier covering a body lying in the street and burned buildings.

Vidigal said the facilities of French energy company Total near Palma were being protected, after sources told Reuters on Friday that Total had withdrawn all its staff as the militants appeared to be approaching.

A Total spokesman and Mozambique's defence ministry did not immediately respond to requests for comment on Monday.

Islamic State-linked insurgents have been increasingly active in Cabo Delgado since 2017, although it is unclear whether they have a unified aim.

Aid groups believe the latest attack displaced tens of thousands of people, many of whom fled into dense forest or escaped by boat. But the extent of the death and displacement is not yet clear, and many remain unaccounted for.

Survivors have recounted seeing bodies of others who died of hunger or dehydration while trying to escape.

Thousands have poured into Cabo Delgado's capital Pemba, stretching a city already brimming with people displaced by previous rounds of Islamist violence as well as a deadly cyclone in 2019. (Reporting by Manuel Mucari; Additional reporting by Catarina Demony in Lisbon and Emma Rumney in Johannesburg; Writing by Alexander Winning; Editing by Hugh Lawson)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
S&P GSCI GOLD INDEX 0.38% 1035.5149 Delayed Quote.-6.57%
TOTAL SE -3.10% 36.86 Real-time Quote.7.76%
All news about TOTAL SE
04/16TOTAL SA  : Buy rating from JP Morgan
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04/15TOTAL SA  : UBS reiterates its Neutral rating
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04/15TOTAL SA  : Goldman Sachs remains its Buy rating
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04/15TOTAL SA  : Gets a Neutral rating from Credit Suisse
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04/14SECTOR UPDATE : Energy
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Financials (USD)
Sales 2021 169 B - -
Net income 2021 10 311 M - -
Net Debt 2021 38 597 M - -
P/E ratio 2021 11,6x
Yield 2021 6,96%
Capitalization 117 B 117 B -
EV / Sales 2021 0,92x
EV / Sales 2022 0,89x
Nbr of Employees 105 476
Free-Float 90,3%
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Technical analysis trends TOTAL SE
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 55,97 $
Last Close Price 45,81 $
Spread / Highest target 35,0%
Spread / Average Target 22,2%
Spread / Lowest Target 2,96%
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Managers and Directors
NameTitle
Patrick Pouyanné Chairman & Chief Executive Officer
Jean-Pierre Gerard Claude Sbraire Chief Financial Officer
Marie-Noelle Semeria Chief Technology Officer
Patrick Artus Independent Director
Marie-Christine Coisne-Roquette Lead Independent Director
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