Totalenergies Se Stock Price, News & Analysis

TotalEnergies and its partners Basra Oil Company and QatarEnergy have initiated construction of ArtawiGas25, a gas processing facility in Iraq's Basra region. This $250 million project, part of the larger Gas Growth Integrated Project (GGIP), will process 50 million cubic feet per day of previously flared gas to power local plants, serving approximately 200,000 households.

The GGIP, signed in September 2021, is a $10 billion multi-energy initiative aimed at developing Iraq's natural resources and improving electricity supply. It includes a gas processing plant with a first phase capacity of 300 Mcf/d. ArtawiGas25 is expected to significantly reduce gas flaring at the Ratawi field by end 2025, with its modular design potentially applicable to other Iraqi oil fields. The project will create 160 jobs during construction and 30 operational positions for Iraqi nationals.

TotalEnergies SE has released its monthly report on voting rights and share capital as of December 31, 2024. The company reported a total of 2,397,679,661 shares in its share capital, with the same number of theoretical voting rights. The exercisable voting rights stand at 2,248,149,843, after deducting 149,529,818 treasury shares. This disclosure is made in compliance with Article L.233-8-II of the French Commercial Code and article 223-16 of the AMF General Regulation.

TotalEnergies SE has disclosed its share repurchase transactions conducted from December 30, 2024, to January 3, 2025. The company purchased a total of 1,683,443 shares at an average price of €53.41 per share, with a total investment of €89,904,779.18. The transactions were executed across multiple trading venues including XPAR, CEUX, TQEX, and AQEU.

The share buyback was conducted under the authorization granted by shareholders at the general meeting on May 24, 2024. The largest daily volume was recorded on January 2, 2025, with 411,371 shares purchased on XPAR at €53.28 per share. Detailed transaction information is available on the TotalEnergies website in compliance with Market Abuse Regulation requirements.

TotalEnergies SE has reported share repurchase transactions conducted from December 23 to December 27, 2024, following shareholder authorization from May 24, 2024. The company bought back a total of 771,168 shares at an average price of €52.11 per share, with a total investment of €40,186,924.88. The transactions were executed across multiple trading venues including XPAR, CEUX, TQEX, and AQEU, with the majority of shares purchased through XPAR. The largest daily volume was recorded on December 23, with 260,310 shares purchased at €51.75 per share.

TotalEnergies SE has reported share repurchase transactions conducted from December 17 to December 20, 2024, in accordance with shareholder authorization from May 24, 2024. The company bought back a total of 1,082,058 shares at an average price of €51.75 per share, for a total investment of €55,999,836.72. The transactions were executed on the XPAR market across four trading days, with daily volumes ranging from 269,217 to 272,098 shares at prices between €51.45 and €52.00 per share.

TotalEnergies SE has reported share repurchase transactions conducted from December 9 to December 13, 2024, following shareholder authorization from May 24, 2024. The company purchased a total of 3,233,801 shares at an average price of 54.12 EUR per share, with a total investment of 174,999,839.62 EUR. The transactions were executed across multiple trading venues including XPAR, CEUX, TQEX, and AQEU. The daily trading volumes ranged from approximately 402,752 to 491,851 shares, with prices fluctuating between 53.54 and 54.81 EUR per share.

TotalEnergies (TTE) has announced the sale of 50% of its shares in West Burton Energy to EPUKI, EPH's UK subsidiary. West Burton Energy owns a 1.3 GW gas-fired power plant and a 49 MW battery storage system in the UK. The plant will be jointly operated by TotalEnergies and EPUKI. This strategic move aligns with TotalEnergies' plan to maintain 700 MW of net flexible generation capacity to support its renewable growth in the UK. The company aims to achieve a 12% return from its Integrated Power business by 2030.

TotalEnergies has a significant presence in the UK, operating 30% of the UK Continental Shelf's gas production, with daily production of 142,000 boe/d in 2023. The company's renewable portfolio includes 1.1 GW of installed capacity and 4.5 GW under development.

TotalEnergies SE has released its monthly voting rights and share capital report as of November 30, 2024. The company reported a total of 2,397,679,661 shares with an equal number of theoretical voting rights. The total number of exercisable voting rights stands at 2,258,037,461, after deducting 139,642,200 treasury shares. This disclosure is made in compliance with Article L.233-8-II of the French Commercial Code and article 223-16 of the AMF General Regulation.

TotalEnergies (TTE) and OQ Alternative Energy (OQAE) have signed agreements to develop 300 MW of renewable energy projects in Oman. The partnership, split 49% TTE and 51% OQAE, will create three projects: the 100 MW North Solar project in Saih Nihaydah, and two 100 MW wind projects (Riyah-1 and Riyah-2) in Amin and West Nimr fields. Construction will begin in early 2025, with electricity production starting in late 2026.

The projects will generate over 1.4 TWh of renewable electricity annually through long-term Power Purchase Agreements with Petroleum Development Oman (PDO). This initiative supports PDO's goal of sourcing 30% of power capacity from renewables by 2026 and aligns with Oman Vision 2040's objectives for sustainable energy security.