|Bid||58.98 x 1400|
|Ask||58.99 x 800|
|Day's range||58.58 - 59.04|
|52-week range||53.37 - 64.59|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||2.91 (4.61%)|
|1y target est||67.00|
Total CEO Patrick Pouyanne says he cannot risk losing access to U.S. financing and shareholding by doing business in Iran.
TOTAL (TOT) could be an interesting play for investors as it is seeing solid earnings estimate revision in addition to having a robust industry rank.
In June 2017, six analysts rated Total, and only one (or 17.0%) rated the stock as a “buy.” In June, only four analysts cover Total, of which two (or 50.0%) rated it as a “buy.” Although Total ranks fourth among the seven integrated energy stocks, the stock has quite low coverage compared to its peers. The implied gains in the stock have expanded due to a higher rise in Total’s mean target price (by 25.0%) compared to an increase in its stock price (by 21.0%) in the past year. This is higher than ExxonMobil (XOM) and Chevron (CVX) but lower than Royal Dutch Shell (RDS.A) and BP (BP).
Russia and Saudi Arabia reinforced their new found partnership as OPEC is set to grapple with some thorny issues, like declines of Venezuela supply and the effect of renewed U.S. sanctions on Iran.
PARIS--(BUSINESSWIRE)-- In accordance with the authorization given by the combined ordinary and extraordinary shareholders’ general meeting on June 1, 2018 to trade on its shares and pursuant to applicable ...
PARIS--(BUSINESSWIRE)-- TOTAL: Statement in Compliance with the Article 223-16 of the General Regulation of the Financial Markets Authority (AMF - Autorité des marchés financiers) TOTAL S.A. (Paris:FP) ...
Sonatrach, Total (Paris:FP) (LSE:TTA) (NYSE:TOT), Repsol and Alnaft (the National Agency for the Valorisation of Hydrocarbon Resources), have signed a new concession contract for a period of 25 years to extend the exploitation of the Tin Fouyé Tabankort (TFT) gas and condensate field. This new contract1, which will become effective upon the approval by the relevant Algerian authorities, will give Total a 26.4% interest alongside Sonatrach (51%) and Repsol (22.6%). The partners will carry out the drilling and development investments required to develop additional reserves estimated at more than 250 million barrels of oil equivalent.
Farmers will start blockading French refineries and fuel depots of Total SA on Sunday, to protest the company’s decision to import palm oil for a biofuel refinery, Christiane Lambert, president of farmers’ union FNSEA, said in an interview on Franceinfo television. Total has invested 275 million euros ($324 million) to transform a refinery at La Mede, in southern France, into a plant that can make 500,000 tons of biodiesel per year. The company has said that no more than 50 percent of raw material used at the facility will be imported palm oil, and that all suppliers will be certified by the Roundtable on Sustainable Palm Oil.
PARIS--(BUSINESSWIRE)-- In accordance with the authorizations given by the combined ordinary and extraordinary shareholders’ general meetings on May 26, 2017 and on June 1, 2018 to trade on its shares ...
Europe wants Washington to promise not to sanction the Continent's major industries over business ties with Iran.
Royal Dutch Shell took the top spot among oil and gas companies on the Forbes Global 2000's list of the biggest and most powerful public companies, surpassing last year's leader Exxon Mobil Corp. The Anglo-Dutch oil and gas giant ranked 11th among all companies on the list, up from 20th the previous year, mostly because of higher sales due to lofty commodity prices. The Forbes Global 2000 is determined by a composite score of equally weighted measures of revenue, profits, assets and market value.
French oil giant Total SA has long had an appetite for politically risky deals. Now, it’s tapping resources in Russia and other tricky spots across the globe to become one of the world’s biggest natural gas suppliers. Total last month doubled down on Russia by buying a 10% stake in Russian gas producer PAO Novatek’s $26 billion Arctic LNG project.
Ben Lofthouse of Janus Henderson takes advantage of the timing of European companies’ dividend payouts.
PARIS—French auto maker Peugeot PSA said it was halting investments in Iran to comply with U.S. law after the Trump administration’s decision to withdraw from the Iranian nuclear accord. Peugeot’s move on Monday deals a major blow to Europe’s efforts to salvage the agreement by keeping European companies operating in Iran. With U.S. sanctions set to be reinstated in the coming months, companies located anywhere in the world risk huge fines from U.S. authorities if they continue to do business in the country.
From investing in solar panels to designing genetically engineered algae, the world's largest oil companies are serious about renewable energy.
International energy giant Total made a big bet on a different kind of energy. It's a big hint about the company's changing business model.
Shell (RDS.A) is going to take the final investment decision on the much-awaited LNG Canada project by the end of this year.
PARIS--(BUSINESSWIRE)-- The Annual Shareholders’ Meeting of Total S.A. (Paris:FP) (LSE:TTA) (NYSE:TOT) was held on June 1, 2018, under the chairmanship of Patrick Pouyanné. The Shareholders adopted all ...
The Annual Shareholders’ Meeting, held on June 1, 2018 under the chairmanship of Patrick Pouyanné, declared a dividend for 2017 of €2.48 per share, an increase of 1.2% compared to the 2016 dividend. In addition, the Annual Shareholders’ Meeting decided that shareholders will be given the option to receive payment of the 2017 final dividend in cash or in new shares of the Company, each choice being exclusive of the other. In line with the shareholder return policy announced on February 8, 2018, in order to avoid any dilution linked to the issuance of new shares, the Group will buy back during the quarter the newly issued shares with the intention to cancel them.
Since March 1, shares of the leader in natural gas for transportation have surged almost 140%. Here's what's happening.
PARIS--(BUSINESSWIRE)-- In accordance with the authorization given by the combined ordinary and extraordinary shareholders’ general meeting on May 26, 2017 to trade on its shares and pursuant to applicable ...
Total (Paris:FP) (LSE:TTA) (NYSE:TOT) and its partners have taken the final investment decision to launch the Zinia 2 deep offshore development in Block 17, 150 kilometers offshore Angola. The Zinia 2 project will have a production capacity of 40,000 barrels per day (b/d), sustaining Pazflor field production, on stream since 2011. Zinia 2 is the first of several possible short-cycle developments on Block 17 that will unlock its full potential by connecting satellite reservoirs to the existing floating storage, production and offloading (FPSO) units.
During an official visit to France by João Lourenço, the President of the Republic of Angola, Patrick Pouyanné, Chairman and CEO of Total (Paris:FP) (LSE:TTA) (NYSE:TOT), and Carlos Saturnino, Chairman of the Board of Directors of Sonangol, signed several agreements covering the Group’s upstream and downstream activities in Angola. A risk service agreement for the deepwater Block 48 exploration license, which Total will operate. Total and Sonangol are 50/50 partners in exploring Block 48 in Angola’s ultra-deep offshore.