TotalEnergies SE (TTE) Q3 2024 Earnings Call Transcript
TotalEnergies SE (NYSE:TTE ) Q3 2024 Earnings Conference Call October 31, 2024 7:00 AM ET Company Participants Patrick Pouyanné – Chairman and Chief Executive Officer Jean-Pierre Sbraire – Chief Financial Officer Conference Call Participants Lydia Rainforth – Barclays Michele Della Vigna – Goldman Sachs Matt Lofting – JPMorgan Irene Himona – Bernstein Christopher Kuplent – Bank of America Martijn Rats – Morgan Stanley Doug Leggate – Wolfe Research Lucas Herrmann – BNP Kim Fustier – HSBC Henri Patricot – UBS Paul Cheng – Scotiabank Henry Tarr – Berenberg Jason Gabelman – TD Cowen Operator Ladies and gentlemen, welcome to the TotalEnergies Third Quarter 2024 Results Conference Call. I now hand over to Patrick Pouyanné, Chairman and CEO; and Jean-Pierre Sbraire, CFO, who will lead you through this call.
TotalEnergies CEO says up to $2 billion stuck in Russia
French oil major TotalEnergies has between $1.5 billion and $2 billion in annual dividends from its stakes in Russian gas producer Novatek and the Yamal LNG project stuck in Russia, CEO Patrick Pouyanne told analysts on Thursday.
TotalEnergies exited South Africa offshore due to lack of gas market, says CEO
TotalEnergies recently divested from its South African offshore blocks due to the difficulty in generating a return on gas at the sites, CEO Patrick Pouyanne told analysts on Thursday after the French company reported its third quarter results.
TotalEnergies third-quarter income drops as refining margins collapse
French oil major TotalEnergies reported third-quarter adjusted net income at a three-year low of $4.1 billion on Thursday, hit by collapsing refining margins and upstream outages.
TotalEnergies to Report Q3 Earnings: What's in Store for the Stock?
TTE's third-quarter earnings are expected to have gained from contributions from its organic and inorganic assets. Rising competition is likely to have been concerning.
TotalEnergies studies Moroccan project to export green ammonia to Europe
French oil major TotalEnergies will study plans for a renewable energy project to produce hydrogen and ammonia in Morocco for delivery to Europe, which is seeking to increase use of the fuels as part of its energy transition.
QatarEnergy takes 50% stake in TotalEnergies solar project in Iraq
QatarEnergy, one of the world's top suppliers of liquefied natural gas, said on Monday it had agreed to take a 50% stake in TotalEnergies' 1.25-gigawatt solar project in Iraq.
TotalEnergies flags lower Q3 downstream results as refining margins shrink
French oil major TotalEnergies's third quarter downstream results are expected to sharply decrease due to lower refining margins in Europe and elsewhere, the company said on Tuesday.
TotalEnergies to Acquire 50% Stake in Germany Offshore Wind Projects
TTE signs deal to buy 50% stake in two offshore wind projects. TTE will be able to supply green electrons to help decarbonize the nation's electricity and industry.
What's going on with the TotalEnergies stock price?
TotalEnergies (TTE) stock has done well in the past few years, helped by the strong performance of crude oil prices. It rose to a high of €68.31 in April, 342% above the lowest point in 2020.
TotalEnergies to Produce More Clean Energy, Reveals Outlook
TTE unveils its long-term oil and gas production, capital expenditure and free cash flow generation outlook.
TotalEnergies to return 45% of cash flow to investors in 2024
TotalEnergies expects to return 45% of its 2024 cash flow to shareholders, the French oil major said on Wednesday ahead of its investor day presentation.
