Guyana to soon sign oil agreement with TotalEnergies-led group
Guyana expects to soon sign an oil production-sharing agreement with a consortium led by France's TotalEnergies that will allow it to explore an offshore area, Energy Minister Vickram Bharrat told Reuters.
TotalEnergies SE (TTE) Q4 2024 Earnings Call Transcript
TotalEnergies SE (NYSE:TTE ) Q4 2024 Results Conference Call February 5, 2025 9:00 AM ET Company Participants Renaud Lions - Senior Vice President, Investor Relations Stephane Michel - President, Gas and Power Nicolas Terraz - President, Exploration & Production Vincent Stoquart - President, Refining & Chemicals Bernard Pinatel - President, Downstream & Marketing Services Jean-Pierre Sbraire - Chief Financial Officer Patrick Pouyanné - Chairman and Chief Executive Officer Aurélien Hamelle - President, Strategy & Sustainability Namita Shah - President, OneTech Conference Call Participants Henry Tarr - Berenberg Michele Della Vigna - Goldman Sachs Martijn Rats - Morgan Stanley Biraj Borkhataria - RBC Capital Markets Chris Kuplent - Bank of America Lydia Rainforth - Barclays Lucas Herrmann - BNP Exane Irene Himona - Bernstein Doug Leggate - Wolfe Research Matt Lofting - JPMorgan Kim Fustier - HSBC Anish Kapadia - Policy Advisors Paul Cheng - Scotiabank Henri Patricot - UBS Bertrand Hodee - Kepler Cheuvreux Lucas Herrmann - BNP Renaud Lions Good afternoon, good morning, if you're connecting from U.S. Welcome to TotalEnergies 2024 Results and 2025 Objectives Meeting. We are today in the city in London.
TotalEnergies Q4 Earnings Surpass Estimates, Revenues Fall Y/Y
TTE's fourth-quarter earnings are better than expected. The company continues to expand its clean power generation and efficiently serves customers.
TotalEnergies posts drop in fourth-quarter profit on weak oil demand
French oil major TotalEnergies reported a 15% drop in fourth-quarter earnings on Wednesday, closing out a year marked by low oil prices and weak fuel demand that were partially offset by higher electricity sales and liquefied natural gas trading.
TotalEnergies posts drop in Q4 profit on weak oil demand
French oil major TotalEnergies reported a 15% drop in fourth quarter earnings on Wednesday, closing out a year marked by low oil prices and weak fuel demand which were partially offset by higher electricity sales and liquefied natural gas (LNG) trading.
TotalEnergies: Drilling For Alpha
Despite challenging oil price forecasts, TotalEnergies is expected to generate value through LNG realization, higher gas prices, and a recovery in refining margins. TTE is well-established in its oil & gas operations, with solid renewables segments to consider. This is a plus compared to peers. With shareholder returns expected to exceed 40% of cash flow, we see valuation upside backed by a dividend/buyback protection. Our buy is then confirmed.
TotalEnergies flags slight recovery in fourth-quarter refining margins
French oil major TotalEnergies expects fourth-quarter 2024 downstream results to have benefited from a slight increase in refining margins, it said in a trading update on Thursday.
TotalEnergies begins construction on Iraq gas project
French oil major TotalEnergies has begun building a gas processing facility in Iraq, it said on Friday, the first portion of a massive multi-energy project aimed at reducing the country's import bill and attract foreign investment.
TotalEnergies to pay $5 million to settle US FERC natgas manipulation case
A unit of French energy company TotalEnergies agreed to pay $5 million to settle claims by U.S. energy regulators that it and some of its traders allegedly manipulated the natural gas market in 2009-2012.
TotalEnergies: 2025 Guidance
Fossil fuel usage, including coal, is still growing globally despite the push for renewable energy sources. Demand for oil and natural gas continues to rise. Changing market share is different from the growth rate outlook. Renewable energy use is increasing, but current technology limits its full potential.
TotalEnergies, OQAE to Develop 300-MW Renewable Project in Oman
TTE and OQAE sign a deal to develop 300 MW of renewable energy projects in Oman. This is in sync with TTE's goal of supporting the Sultanate in its energy transition.
TotalEnergies to buy German renewables developer VSB for $1.65 bln
French oil major TotalEnergies has agreed to purchase German renewable developer VSB Group for 1.57 billion euros ($1.65 billion) from Swiss asset manager Partners Group, it said Wednesday.
