🏢 Company Overview
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Full Name: TotalEnergies SE
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Headquarters: Paris, France
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Founded: 1924 as Compagnie Française des Pétroles
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Industry: Integrated Energy (Oil, Gas, Renewables)
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Employees: Over 100,000 in nearly 120 countries
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Ticker Symbol: TTE (NYSE)
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Website: totalenergies.com(TotalEnergies.com, TotalEnergies.com, TotalEnergies.com)
TotalEnergies operates across the entire energy value chain, including exploration, production, refining, marketing, and electricity generation. The company is a world leader in liquefied natural gas (LNG) and is expanding its presence in renewable energy sectors such as solar and wind power. (WSJ)
📊 Financial Highlights (2024)
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Adjusted Net Income: $18.3 billion
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Operating Cash Flow: $29.9 billion
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Net Income (IFRS): $15.8 billion
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Capital Expenditures: $17.8 billion, with 27% allocated to low-carbon energy projects
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Shareholder Returns: $8 billion in share buybacks, representing approximately 50% of cash flow
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Return on Average Capital Employed (ROACE): 14.8%
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Net Debt: Below 10% gearing ratio, indicating strong financial health (Euronext, TotalEnergies.com, Reuters)
⚡ Energy Transition & Sustainability Goals
TotalEnergies aims to be a world-class player in leading the energy transition and achieving carbon neutrality by 2050. Key targets include:(TotalEnergies.com)
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Net Electricity Production Target for 2030: 100 TWh
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Net Emissions Reduction Target by 2030 (compared to 2015):(TotalEnergies.com)
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40% reduction from operated facilities
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25% reduction in the lifecycle carbon intensity of energy products sold (TotalEnergies.com)
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In 2024, the company produced 41 TWh of electricity, a 23% increase from the previous year, contributing to a 17% reduction in the average lifecycle carbon intensity of its energy products.(Euronext)
📉 Q1 2025 Performance
In the first quarter of 2025, TotalEnergies reported an 18% decline in adjusted net income to $4.2 billion, slightly below analysts' expectations. Key factors include:(Reuters)
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Oil and Gas Production: Increased by 4% year-on-year
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Refining Margins: Decreased by 69% compared to Q4 2024
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Marketing & Services: Profits fell by 34% from Q4 2024
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Debt Levels: Increased to $20.1 billion due to seasonal working capital requirements
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LNG Segment: Earnings rose by 6% year-on-year
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Free Cash Flow: $2.5 billion, insufficient to cover both dividends and share buybacks (Press Release Services, Reuters)
📈 Stock Performance (as of May 7, 2025)
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Current Price: $57.48 USD
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Day's Range: $57.38 – $58.16 USD
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Volume: 2,021,139 shares
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Previous Close: $57.35 USD
Despite recent challenges, TotalEnergies maintains a strong position in the energy sector, with ongoing investments in both traditional and renewable energy sources.