Totalenergies Se - TTE STOCK NEWS

TotalEnergies SE (TTE) has disclosed its share repurchase transactions conducted from April 14 to April 17, 2025, following shareholder authorization from May 24, 2024. The company purchased a total of 2,075,500 shares at an average price of €50.85 per share, with a total investment of €105,547,310.33.

The transactions were executed across multiple trading venues including XPAR, CEUX, AQEU, and TQEX. Daily purchase volumes ranged from approximately 276,500 to 285,000 shares, with share prices gradually increasing from €50.22 to €51.48 throughout the period.

TotalEnergies has announced strategic updates for its Antwerp platform, focusing on future investments and petrochemical operations reconfiguration. The platform is implementing several decarbonization initiatives, including:

- A partnership with Air Liquide for a 130 MW green hydrogen production facility, targeting 15,000 tons annually
- Development of sustainable aviation fuel (SAF) production of 50,000 tons yearly by 2025
- Implementation of Europe's largest TotalEnergies battery storage system (25 MW power, 75 MWh capacity)

Due to European ethylene market overcapacity, TotalEnergies plans to cease operations of its oldest steam cracker in Antwerp by end-2027, following a major customer's decision not to renew their contract. The company ensures no layoffs will occur, offering retirement or internal transfer options to the 253 affected employees.

TotalEnergies announces production start at the deepwater Ballymore field offshore U.S., holding a 40% stake alongside operator Chevron (60%). Located 120 kilometers off Louisiana's coast, the field launched in May 2022 has a total daily gross production capacity of 75,000 barrels of oil and 50 million cubic feet of gas, connected to Chevron's Blind Faith floating production unit.

At peak production, Ballymore will contribute nearly 30,000 boe/d net cash-accretive production for TotalEnergies. The project leverages existing infrastructure and standardized equipment for cost-effective development and reduced emission intensity. This development will boost TotalEnergies' U.S. deepwater production capacity beyond 75,000 boe/d, supporting the company's targeted hydrocarbon production growth of over 3% in 2025.

TotalEnergies (TTE) has signed a significant long-term LNG supply agreement with Energia Natural Dominicana (ENADOM). The deal involves delivering 400,000 tons of LNG annually for 15 years, starting mid-2027, with pricing indexed to Henry Hub.

The agreement will support ENADOM's 470 MW combined-cycle power plant currently under construction, enhancing the Dominican Republic's electricity generation capacity. This initiative aims to reduce the country's dependence on coal and fuel oil by transitioning to natural gas, a less carbon-intensive energy source.

TotalEnergies, positioned as the world's third-largest LNG player, maintains a global portfolio of 40 Mt/y in 2024 through interests in various liquefaction plants. The company aims to increase natural gas's share in its sales mix to nearly 50% by 2030, focusing on reducing carbon emissions and eliminating methane emissions in the gas value chain.

TotalEnergies (TTE) has signed a 20-year Sales and Purchase Agreement (SPA) with NextDecade to purchase 1.5 million tons per annum (Mtpa) of LNG from the future Train 4 at the Rio Grande LNG facility. The agreement is contingent on NextDecade's positive Final Investment Decision (FID) for Train 4.

TotalEnergies currently holds a 16.7% stake in Rio Grande LNG's first phase, which includes 3 LNG trains under construction in southern Texas. The company has previously committed to purchasing 5.4 Mtpa of the approximately 17.5 Mtpa produced by the first phase, expected to start up in 2027. Additionally, TotalEnergies maintains a 17.5% stake in NextDecade.

As the world's third-largest LNG player, TotalEnergies manages a global portfolio of 40 Mt/y in 2024, with access to over 20 Mt/y of regasification capacity in Europe. The company aims to increase natural gas's share in its sales mix to nearly 50% by 2030.

TotalEnergies (TTE) has released its first quarter 2025 main indicators, showing positive operational momentum. Hydrocarbon production is expected to reach the higher end of guidance at 2.5-2.55 Mboe/d, representing a 4% increase compared to Q1 2024.

The company's performance indicators show Brent prices at $75.7/b, with average liquids price at $72.2/b and LNG price at $10/Mbtu. Integrated Power results are projected between $450-500 million, while cash flow is anticipated at $600 million, aligning with annual guidance.

Working capital is expected to increase by $4-5 billion, following seasonal patterns. Refining & Chemicals results are projected to maintain Q4 2024 levels, with improved refining margins offset by lower petrochemicals and biofuels margins in Europe due to overcapacity. Marketing & Services results are anticipated to match Q1 2024 levels.

TotalEnergies SE (TTE) has reported its share repurchase transactions conducted from April 7 to April 11, 2025, following shareholder authorization from May 24, 2024. The company purchased a total of 2,715,400 shares at a weighted average price of €49.87 per share, with a total investment of €135,421,733.19.

The transactions were executed across multiple trading venues including XPAR, CEUX, AQEU, and TQEX. Daily purchase volumes ranged from approximately 540,000 to 560,000 shares, with share prices fluctuating between €48.52 and €50.79 throughout the period.

NextDecade (NASDAQ: NEXT) has announced that TotalEnergies has exercised its LNG purchase option for Train 4 at the Rio Grande LNG Facility, leading to a significant long-term sales agreement. Under the new 20-year Sale and Purchase Agreement (SPA), TotalEnergies will purchase 1.5 million tonnes per annum (MTPA) of LNG on a free-on-board basis at a Henry Hub-indexed price.

The agreement is subject to a positive Final Investment Decision (FID) on Train 4. NextDecade has now secured a total of 4.6 MTPA of LNG from Train 4 through long-term contracts, reaching sufficient commercial support for a potential positive FID. The final decision remains contingent on securing adequate financing for Train 4 construction and related infrastructure.

TotalEnergies SE (TTE) has disclosed its share repurchase transactions conducted from April 1 to April 4, 2025, following shareholder authorization from May 24, 2024. The company purchased a total of 1,904,600 shares at an average price of €57.65 per share, with a total investment of €109,805,619.91.

The transactions were executed across multiple trading venues: XPAR (Paris Exchange), CEUX, AQEU, and TQEX. Daily volumes ranged from 467,600 shares on April 1 to 500,000 shares on April 4, with purchase prices varying from €54.36 to €59.47 per share throughout the period.