TTA.L - TOTAL S.A.
| Previous close | 35.05 |
| Open | 33.13 |
| Bid | 34.76 x 0 |
| Ask | 35.83 x 0 |
| Day's range | 33.13 - 35.92 |
| 52-week range | 20.72 - 4,130.00 |
| Volume | 3,737,643 |
| Avg. volume | 3,311,989 |
| Market cap | 91.694B |
| Beta (5Y monthly) | 0.82 |
| PE ratio (TTM) | 8.46 |
| EPS (TTM) | 4.17 |
| Earnings date | N/A |
| Forward dividend & yield | 2.72 (7.76%) |
| Ex-dividend date | 29 Jun 2020 |
| 1y target est | 63.71 |
- Reuters - UK Focus
Equinor to quit U.S. lobby group over climate policy
Equinor will leave industry lobby group the Independent Petroleum Association of America (IPAA) over a disagreement about climate policy, the energy producer said on Friday. The Norwegian company is undertaking a review of its memberships of industry associations under an agreement with a group of institutional investors, the Climate Action 100+, signed last April. The Washington-headquartered IPAA represents thousands of independent oil and natural gas producers and service companies across the United States.
- Business Wire
Total Voting Rights
- Simply Wall St.
Interested In TOTAL S.A. (EPA:FP)’s Upcoming 2.1% Dividend? You Have 3 Days Left
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see TOTAL S.A...
- Reuters - UK Focus
GRAPHIC-Oil majors slash 2020 spending by 20% after prices slump
The world's biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a slump in demand because of the coronavirus crisis and a price war between top exporters Saudi Arabia and Russia. Cuts already announced by eight major oil companies, including Saudi Aramco and Royal Dutch Shell, come to a combined $28 billion, or a drop of 20% from their initial spending plans of $142 billion. BP cut its 2020 spending plan by 25% and will reduce output from its U.S. shale oil and gas business, it said on Wednesday.
- Reuters - UK Focus
Big Oil may have to break dividend taboo as debt spirals - investors
The world's biggest oil and gas firms should break an industry taboo and consider cutting dividends, rather than taking on any more debt to maintain payouts as they weather the fallout from the coronavirus pandemic, investors say. The top five so-called oil majors have avoided reducing dividends for years to keep investors sweet and added a combined $25 billion to debt levels in 2019 to maintain capital spending, while giving back billions to shareholders. The strategy was designed to maintain the appeal of oil company stocks as investors came under increased pressure from climate activists to ditch the shares and help the world move faster towards meeting carbon emissions targets.
- Zacks
TOTAL Acquires Wind Assets, Expands Renewable Portfolio
TOTAL (TOT) expands the renewable power portfolio in France through the acquisition of Global Wind Power (GWP) France.
- Zacks
TOTAL (TOT) Plans to Counter COVID-19 Impact on Oil Prices
TOTAL (TOT) takes steps to preserve liquidity amid the ongoing decline of global oil prices.
- Reuters - UK Focus
CORRECTED-Spending on new oil, gas projects could fall by 68% this year -Rystad Energy
Spending on new oil and gas projects could fall by more than two thirds this year if oil prices remain at the current levels, the Oslo-based Rystad Energy consultancy said on Monday. Crude oil prices dropped more than 60% since the start of the year as demand fell due to travel and business restrictions to stem the spread of the coronavirus, while Russia and Saudi Arabia ended an agreement to curb production. North Sea oil was trading at $25.7 a barrel by 1533 GMT on Monday.
- Reuters - UK Focus
Most North Sea oil output "in the money", but decom bill looms - Woodmac
Most North Sea oil and gas fields can make money at $30 a barrel, but stakeholders in the fields that have to be shut in the current price rout are set to face a huge bill for removing facilities like platforms and subsea infrastructure, Wood Mackenzie said. The North Sea between Britain and Norway, home of the Brent crude stream that underpins global oil prices, is one of the world's oldest and most expensive oil basins. Crude oil prices have posted four straight weeks of losses and dropped more than 60% since the start of the year.
- Business Wire
Total Announces Immediate Action Plan in Context of Sharp Decrease in Oil Prices
Patrick Pouyanné, Chairman & CEO of Total (Paris:FP) (LSE:TTA) (NYSE:TOT), addressed the Group’s employees on March 19 to mobilize them in the face of the challenges ahead. Likewise, the words "we", "us" and "our" may also be used to refer to subsidiaries in general or to those who work for them.
- Business Wire
Total Releases Its Universal Registration Document 2019 (Document d’enregistrement Universel 2019) and Its Form 20-F 2019
The Document d’enregistrement universel of TOTAL S.A. for the year 2019 was filed with the French Financial Markets Authority (Autorité des marchés financiers) on March 20, 2020. An English translation of the Document d’enregistrement universel (Universal Registration Document) is also available on the Company’s website. The annual report on Form 20-F of TOTAL S.A. for the year ended December 31, 2019 was filed with the United States Securities and Exchange Commission (SEC) on March 20, 2020.
- Business Wire
Renewables: Total Expands in Wind Power in France with the acquisition of Global Power Wind France
Total (Paris:FP) (LSE:TTA) (NYSE:TOT) continues its growth in renewable energy in France with a substantial investment in wind power. Total, through Total Quadran - its 100% renewable developer and producer in France, acquires 100% of Global Wind Power (GWP) France, a company with a 1000-megawatt (MW) portfolio of onshore wind projects, including 250 MW scheduled to come on stream by 2025.
- Business Wire
Renewables: Total Enters Floating Offshore Wind with a First Project in the UK
Regulatory News:
- Reuters - UK Focus
Britain's oil, gas industry calls for government cash as price crashes
Britain's oil and gas sector needs financial help to survive, industry body OGUK said, as the oil price crash triggered by the coronavirus and a Saudi-Russian price war means they may be unable to keep producing hydrocarbons in the North Sea. Benchmark oil prices on Wednesday fell to around $25 a barrel, their lowest level in 17 years, as measures to tackle the virus outbreak have had a drastic impact on demand.
- Reuters - UK Focus
Oil collapse could lop 20% off exploration budgets in Brazil, consultancy says
The recent collapse in oil prices could chop $300 million to $600 million off 2020 exploration budgets in Brazil, which has emerged as one of the world's hottest offshore oil plays, specialists at consultancy Wood Mackenzie told Reuters. Before oil prices collapsed in the wake of failed OPEC talks earlier this month, the consultancy had forecast that some $3 billion would be invested in exploration in Brazil, with state-run Petrobras, Royal Dutch Shell PLC and Norway's Equinor ASA leading the charge.
- Zacks
TOTAL (TOT) Expands Presence in North Sea With New Discovery
TOTAL (TOT) expands presence in North Sea region through a new discovery made in the Central North Sea offshore U.K.
