Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. TotalEnergies SE
  6. News
  7. Summary
    TTE   FR0000120271

TOTALENERGIES SE

(TTE)
  Report
Real-time Euronext Paris  -  11:38 2022-11-25 am EST
58.44 EUR   +1.07%
11/25Factbox-What European companies are doing as workers face high inflation
RE
11/25In Washington, Macron to seek relief for Europe Inc amid China competition
RE
11/25Oil Giants Eye South African Coasts as Fuel, Climate Crises Merge
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

TotalEnergies's Strategy After Russia, Shareholder Returns to Come Into Focus at Investor Day -- Preview

09/27/2022 | 08:27am EST

By Giulia Petroni


TotalEnergies SE is hosting an investor day on Wednesday. Here's what to watch:


STRATEGY AND RUSSIA: Management is expected to provide an updated strategy plan for a possible future without Russia in the picture, but uncertainties linger as the French major stopped short of announcing a full exit. "We don't expect TTE to change its stance... and remain wary around the potential for asset expropriation, and the impact it could have on TTE's LNG portfolio," RBC Capital Markets' Biraj Borkhataria says. Meanwhile, analysts at Credit Suisse say that by not committing to new capital to the country, the company may have lost some flexibility on the delivery of long-term objectives.


SHAREHOLDERS REMUNERATION: TotalEnergies may look at rebasing its dividend to U.S. dollars rather than euros to better align its payout with its functional currency, according to analysts. "Given the company's financial framework is USD-based, we think this makes sense and could imply a 10%-15% increase to get the overall dividend back to around $8 billion per annum," says RBC's Borkhataria.


CAPITAL EXPENDITURE: CS analysts foresee the oil-and-gas company keeping this year's capex guide at the top of the $13 billion-$16 billion range in order to address the energy crisis with short-cycle projects and accelerate the transition away from fossil fuels. Guidance on capex could be pressured by inflation across the hydrocarbon and low carbon value chains, according to RBC.


Write to Giulia Petroni at giulia.petroni@wsj.com


(END) Dow Jones Newswires

09-27-22 1027ET

Stocks mentioned in the article
ChangeLast1st jan.
BRENT OIL -1.44% 83.79 Delayed Quote.8.31%
CREDIT SUISSE GROUP AG -6.56% 3.318 Delayed Quote.-62.60%
TOTALENERGIES SE 1.07% 58.44 Real-time Quote.30.94%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) 0.00% 59.75 Delayed Quote.-19.47%
WTI -1.80% 76.529 Delayed Quote.2.86%
All news about TOTALENERGIES SE
11/25Factbox-What European companies are doing as workers face high inflation
RE
11/25In Washington, Macron to seek relief for Europe Inc amid China competition
RE
11/25Oil Giants Eye South African Coasts as Fuel, Climate Crises Merge
AQ
11/25Factbox-Dim the lights: Europe's retailers scramble to cut energy..
RE
11/25Tour Du Rwanda 2023 Itineraries Unveiled
AQ
11/24TotalEnergies About to Submit Its Application to Drill for Gas Along South Coast
AQ
11/24TotalEnergies Partners With ADP, FFA For Electric Charging Stations For Aircraft
MT
11/23Eurozone PMI Data Supports European Equities
MT
11/23Totalenergies Se : Statement in Compliance With the Article 223-16 of the General Regulati..
BU
11/23TotalEnergies Responds to Bloom and The Green Connection
AQ
More news
Analyst Recommendations on TOTALENERGIES SE
More recommendations
Financials (USD)
Sales 2022 259 B - -
Net income 2022 28 155 M - -
Net Debt 2022 16 684 M - -
P/E ratio 2022 5,60x
Yield 2022 5,76%
Capitalization 152 B 152 B -
EV / Sales 2022 0,65x
EV / Sales 2023 0,70x
Nbr of Employees 101 309
Free-Float 91,1%
Chart TOTALENERGIES SE
Duration : Period :
TotalEnergies SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TOTALENERGIES SE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 23
Last Close Price 60,77 $
Average target price 66,59 $
Spread / Average Target 9,57%
EPS Revisions
Managers and Directors
Patrick PouyannÚ Chairman & Chief Executive Officer
Jean-Pierre Gerard Claude Sbraire Vice President-Crude Acquisitions
Marie-NoŰlle SÚmÚria Chief Technology Officer
Marie-Christine Coisne-Roquette Lead Independent Director
Patricia Barbizet-Dussart Independent Director
Sector and Competitors
1st jan.Capi. (M$)
TOTALENERGIES SE30.94%152 254
SAUDI ARABIAN OIL COMPANY2.01%1 942 987
SHELL PLC45.95%200 792
PETROCHINA COMPANY LIMITED-1.44%124 991
EQUINOR ASA53.88%116 323
GAZPROM-42.32%76 876