|Bid||42.90 x 1100|
|Ask||43.20 x 25000|
|Day's range||45.96 - 46.49|
|52-week range||42.22 - 49.33|
|PE ratio (TTM)||13.90|
|Earnings date||26 Apr 2018|
|Forward dividend & yield||2.48 (5.21%)|
|1y target est||66.34|
ExxonMobil's (XOM) expansion plans at the PNG LNG plant is likely to give severe competition to major LNG projects in Australia.
The emergence of self-driving electric cars and travel sharing are set to dent oil consumption by 2040, oil and gas giant BP said, forecasting a peak in demand for the first time. In its benchmark annual Energy Outlook, BP forecast a 100-fold growth in electric vehicles by 2040, with its chief economist Spencer Dale painting a world in which we travel much more but instead of using private cars, we increasingly share trips in autonomous vehicles.
PARIS--(BUSINESSWIRE)-- Total S.A. (“Total”) (Paris:FP) (LSE:TTA) (NYSE:TOT), Borealis AG (“Borealis”) and NOVA Chemicals Corporation (“NOVA Chemicals”) today announced that affiliates of the three companies have signed definitive agreements to form a joint venture in petrochemicals on the U.S. Gulf Coast. The joint venture – in which Total will own 50% and Novealis Holdings LLC, a joint venture between Borealis and NOVA Chemicals, will own the remaining 50% – will commence subject to customary closing conditions, including receipt of regulatory approvals.
Norway’s $1 trillion sovereign wealth fund wants to sell out of oil and gas stocks, arguing that would reduce overall risk to the country since petroleum is already the top export.
Oil prices have stabilized at new, lower levels, after last week’s steep plunge as both WTI and Brent are finding support around the $60 mark
Norway's finance ministry asked the central bank on Tuesday to explain what impact a potential listing of state oil giant Saudi Aramco would have on the benchmark equity index of the country's $1 trillion sovereign wealth fund. The request was made as part of public consultations on Norges Bank's proposal to drop the oil and gas sector from the fund's investments in order to reduce the risk of oil-price fluctuations. The Saudi government plans to sell about 5 percent of Aramco, hoping to raise some $100 billion or more in what would likely be the world's biggest initial public offering.
Diamond Offshore Drilling Inc's Chief Executive Officer Marc Edwards said the rig contractor's path to recovery is starting to take shape after the company posted fourth-quarter revenue that beat analysts' ...
PARIS--(BUSINESSWIRE)-- Statement in Compliance with the Article 223-16 of the General Regulation of the Financial Markets Authority (AMF - Autorité des marchés financiers) Total (Paris:FP) (LSE:TTA) (NYSE:TOT): ...
With (Other OTC: WWTH - news) years of austerity in their rear-view mirrors, the world's biggest oil companies are locked in a beauty contest to lure investors with promises of growth and greater rewards. Royal Dutch Shell (LSE: 0LN9.L - news) and Total are emerging as frontrunners after a three-year slump thanks to strong growth projections but Exxon Mobil (Swiss: XOM-USD.SW - news) , the biggest publicly traded oil company, has largely disappointed with a weaker outlook.
ABU DHABI/DUBAI, Feb 10 (Reuters) - A consortium led by India's Oil and Natural Gas Corp (ONGC) has become the first group to win a stake in Abu Dhabi National Oil Co's (ADNOC) 40-year offshore oil concession, a deal set to help the UAE expand its foothold in Asia. State-run ADNOC signed an agreement on Saturday (Shenzhen: 002291.SZ - news) with the ONGC Videsh-led consortium giving the group a 10 percent stake in the new Lower Zakum offshore concession, with a participation fee of 2.2 billion dirhams ($600 million), ADNOC said in a statement, confirming a report by Reuters.
PARIS--(BUSINESSWIRE)-- Total-led (Paris:FP) (LSE:TTA) (NYSE:TOT) international consortium (Total 40%, ENI 40% and Novatek 20%) and the government of Lebanon have signed two Exploration and Production Agreements covering Blocks 4 and 9 located offshore Lebanon, in the eastern part of the Mediterranean Sea. “ An established player in Lebanon’s marketing sector, Total is delighted to expand its presence in the country to the exploration & production segment. These agreements are part of the Group’s exploration strategy in the Mediterranean region”, stated Stéphane Michel, Senior Vice President Middle East/ North Africa, Exploration & Production at Total.
Big dividends and share buybacks are making a comeback in the oil industry amid a fragile market recovery, with French oil giant Total the latest company to signal growing confidence in the industry.
Just about everything went Total's way this past quarter, such that the company is in a position to start rewarding shareholders for their patience.
PARIS--(BUSINESSWIRE)-- Total (Paris:FP) (LSE:TTA) (NYSE:TOT): 4Q17 Change vs 4Q16 2017 Change vs 2016 Adjusted net income 1 - in billions of dollars (B$) 2.9 +19% 10.6 +28% - in dollars ...
Higher production, oil prices and cost savings drove a 28 percent rise in net profit at Total last year, allowing the French oil and gas group to hike dividends and announce plans to buy back shares. Adjusted net profit came in at $10.6 billion, helped by a 5 percent rise in production. "The group demonstrated its ability to capture the benefit of higher prices," Chief Executive Patrick Pouyanne said, adding that the company's return on equity was more than 10 percent, the highest among oil majors.
Total (Paris:FP) (LSE:TTA) (NYSE:TOT): The Board of Directors met on February 7, 2018 to review the Group’s 2017 accounts and cash flow allocation, including the shareholder return policy, for the next three years. Despite a volatile environment over the past three years, Total has successfully reset its business model, delivering solid results in 2017 thanks to strong operational performance and reducing its pre-dividend organic breakeven to 27 $/b Brent. After five years of heavy investment, Total is now delivering strong cash-accretive production growth.
* Gas exports from the Elgin Franklin fields remain unavailable on Thursday morning, curbing supplies from Total E&P's Bacton Seal gas terminal, the company said in a market update. * Britain's biggest and most important oil and gas pipeline Forties, was shut for a second time in two months on Wednesday, affecting connecting infrastructure. * "Elgin Franklin gas export has had to stop due to a request to stop oil export," Total E&P said.
Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts on market ...
Total SA signaled growing confidence that the oil-industry slump is ending by pledging to raise its dividend and buy back shares in the coming years.
Britain's biggest and most important oil and gas pipeline Forties was shut for a second time in two months on Wednesday, raising concerns about the reliability of infrastructure behind the world's top oil benchmark. Pipeline operator Ineos said it aimed to restart the pipeline overnight. The pipeline, which pumps about 450,000 barrels per day of oil, was previously shut in mid-December for about three weeks when a crack was discovered.
* Ineos, operator of the Forties oil and gas pipeline, said a feed control valve closed at its Kinneil facility at around 1020 GMT, leading the main pipeline system to close. * "We have now identified ...
PARIS--(BUSINESSWIRE)-- Total (Paris:FP) (LSE:TTA) (NYSE:TOT): Total Marine Fuels Global Solutions (TMFGS) and Mitsui O.S.K. Lines, Ltd. (MOL) have signed a long-term charter contract for a large LNG bunker vessel of 18,600 m³, to be delivered in 2020. With this vessel, TMFGS intends to serve the emerging marine LNG market for the container ships segment, including those sailing on the Europe-Asia trade.
PARIS--(BUSINESSWIRE)-- Total (Paris:FP) (LSE:TTA) (NYSE:TOT) has signed an agreement to sell a 25% interest in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum. Total is delighted to broaden its long-standing relationship with Qatar Petroleum and combine efforts to explore this promising region offshore South Africa ,” commented Arnaud Breuillac, President, Exploration & Production at Total. Commenting on the agreement, Mr. Saad Sherida Al-Kaabi, the President & CEO of Qatar Petroleum said “We are pleased to join our long-time partner Total in exploration activities in this frontier block offshore South Africa.