TotalEnergies, Aljomaih Secure 300-MW Solar Project in Saudi Arabia
TTE signs a power purchase agreement with Saudi Power Procurement Company. This initiative exemplifies TTE's multi-energy strategy to support the energy transition.
Saudi Arabia signs solar deals with France's TotalEnergies
Saudi Arabia signed agreements for solar energy projects with foreign partners during the Saudi-French Investment Forum attended by French President Emmanuel Macron on Tuesday in Riyadh.
TotalEnergies pauses US offshore wind project after Trump victory, CEO says
TotalEnergies has paused development of a wind farm off the coast of New York after Donald Trump's U.S. election victory, the French company's CEO said on Tuesday.
TotalEnergies targets new exploration area offshore South Africa
TotalEnergies is seeking environmental authorisation to drill up to seven exploration wells in the southern part of its Deep Water Orange Basin (DWOB) block off the west coast of South Africa, documents from environmental consultants SLR showed on Tuesday.
Adani Green Energy says no new financial commitment under discussion with TotalEnergies
Adani Green Energy said on Tuesday there is no new financial commitment under discussion with TotalEnergies , a day after the French oil major said it was pausing new investments into the Adani Group.
TotalEnergies pauses business with Adani, says it was not aware of US investigation
The French oil major said it will stop financial contributions to investments with Adani Group companies.
Adanis knew of US probe when they sold bribe-linked assets to TotalEnergies, prosecutors say
Gautam and Sagar Adani knew their renewable energy company was under U.S. investigation for suspected bribery when they sold part of India's largest solar park to France's TotalEnergies, prosecutors allege in legal documents reviewed by Reuters.
Total Energies Has Strong Free Cash Backed By High Yielding Growth Profile
TotalEnergies (TTE) has a compelling expansion profile with strong investments in LNGs and renewables, maintaining high-yield traditional oil exploration and production opportunities. TTE boasts a dividend yield of 5.57% and trades at just 7.8x earnings, undervaluing its 4% CAGR production growth and robust balance sheet. Estimated Fair Value for TTE is $82.65, based on a projected 2025 EPS of $8.70 and a P/E ratio of 9.5.
Europe has lost part of its competitive advantage on energy, TotalEnergies CEO says
Patrick Pouyanne, TotalEnergies CEO, says the region "must find ways to recover its energy competitiveness."
The U.S. has a 'clear competitive advantage' on energy, says TotalEnergies CEO
Patrick Pouyanne, TotalEnergies CEO, explains what he means by a "wild west" approach to regulation.
Volatility in our industry is 'part of the game,' TotalEnergies CEO says
Patrick Pouyanne, TotalEnergies CEO, says "margins are much lower today. We're under pressure — a little better, but still under pressure.
TotalEnergies Q3 Earnings Miss Estimates, Revenues Down Y/Y
TTE's third-quarter earnings lag estimates, and revenues fall year over year by 11.9%. The company's outlook for 2024 remains unchanged.
