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    TTE   FR0000120271

TOTALENERGIES SE

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Real-time Euronext Paris  -  11:36 2022-08-15 am EDT
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TotalEnergies announces oil price discounts for motorists in France

06/30/2022 | 02:14am EDT
FILE PHOTO: The TotalEnergies logo sits on the company's headquarter skyscraper in the La Defense business district in Paris

PARIS (Reuters) - TotalEnergies, under pressure from the French government to do more to help consumers tackle higher energy costs, announced on Thursday measures to help motorists in France with discounts on petrol pump prices.

TotalEnergies said that from July 1 to Aug. 31, it would offer a 0.12 euros-per-litre discount on fuel. This would result in an overall discount at TotalEnergies service stations of 0.30 euros-per-litre, coming on top of French state discounts of 18 euro cents at petrol pump prices.

(Reporting by Sudip Kar-Gupta; Editing by Jacqueline Wong)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL 0.68% 94.24 Delayed Quote.25.61%
TOTALENERGIES SE -2.35% 50.71 Real-time Quote.13.62%
WTI 0.87% 88.881 Delayed Quote.21.92%
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Financials (USD)
Sales 2022 255 B - -
Net income 2022 28 520 M - -
Net Debt 2022 16 017 M - -
P/E ratio 2022 4,67x
Yield 2022 5,69%
Capitalization 132 B 132 B -
EV / Sales 2022 0,58x
EV / Sales 2023 0,63x
Nbr of Employees 101 309
Free-Float 92,8%
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Number of Analysts 24
Last Close Price 51,63 $
Average target price 63,60 $
Spread / Average Target 23,2%
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Managers and Directors
Patrick Pouyanné Chairman & Chief Executive Officer
Jean-Pierre Gerard Claude Sbraire Vice President-Crude Acquisitions
Marie-Noëlle Séméria Chief Technology Officer
Marie-Christine Coisne-Roquette Lead Independent Director
Patricia Barbizet-Dussart Independent Director
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