Totalenergies Se Stock Price, News & Analysis

TotalEnergies (Euronext Paris:TTE) has announced a first interim dividend of 0.74 €/share for the fiscal year 2023, reflecting a 7.25% increase from 2022's interim dividends. This dividend aligns with the company's shareholder return policy reiterated in February 2023. The ex-dividend date is set for 20 September 2023, with the payment date on 2 October 2023. TotalEnergies continues its commitment to providing sustainable energy solutions globally, employing over 100,000 people across 130 countries. This announcement demonstrates the company's robust approach to shareholder returns amid ongoing business operations.

TotalEnergies SE (TTE) announced share repurchases conducted from April 17 to April 21, 2023, under the authorization given by the shareholders' meeting on May 25, 2022. A total of 2,765,929 shares were bought back at a weighted average price of 58.241896 EUR/share, amounting to approximately 161,092,949.03 EUR. The share repurchase was carried out across various markets including XPAR, CEUX, TQEX, and AQEU. These transactions reflect the company's strategy to enhance shareholder value. Complete trade details can be found on TotalEnergies' website.

TotalEnergies SE (Euronext Paris: TTE) has reported its estimated financial indicators for the first quarter of 2023. Hydrocarbon production is expected to exceed 2.5 Mboe/d, a rise of nearly 50 kboe/d over the previous quarter, attributed to the launch of operations in Oman and acquisitions in the UAE. However, the overall performance of the integrated LNG segment will be negatively impacted by lower demand in Europe due to mild winter conditions. Refining and chemicals outcomes are projected to improve owing to sustained refining margins. TotalEnergies will release detailed results for the Integrated LNG and Integrated Power segments on April 27, 2023. Additionally, sensitivities for 2023 show various impacts based on changes in oil and gas prices.

From April 11 to April 14, 2023, TotalEnergies (Euronext Paris: TTE) repurchased a total of 2,181,597 shares under the authority granted by its shareholders during the meeting held on May 25, 2022. The average purchase price per share during this period was 58.475373 EUR, amounting to an overall transaction value of 127,569,698.26 EUR. The purchases were conducted across various markets, including XPAR, CEUX, TQEX, and AQEU. This share repurchase initiative aligns with TotalEnergies' strategy to enhance shareholder value. Detailed transaction information is available on the TotalEnergies website.

TotalEnergies has successfully delivered its first liquefied natural gas (LNG) cargo to the Dhamra LNG terminal in Odisha, India. This terminal, a joint venture with Adani, significantly boosts India's regasification capacity by 5 million metric tons annually, enhancing its position as the fifth largest LNG importer globally. The terminal’s commercial operations are anticipated to commence by the end of May 2023. TotalEnergies aims to increase the natural gas share in its sales mix to 50% by 2030, reinforcing its commitment to reducing carbon emissions and supporting India's transition from coal to natural gas.

SunPower (NASDAQ:SPWR) announced securing over $450 million in financing commitments aimed at enhancing its residential solar and storage loan program. The funding comes from HASI (NYSE:HASI) and Crédit Agricole CIB, allowing SunPower to offer loans to customers with terms up to 25 years. This initiative reinforces SunPower's commitment to providing attractive financing options and demonstrates the resilience of consumer credit markets. The financing will allow SunPower to effectively manage growing customer demand, with a reported 99% growth in their loan business in 2022. SunPower plans to participate in the U.S. Treasury's new bonus incentive program for solar lease financing, further supporting energy transition in qualified communities.

On April 3-6, 2023, TotalEnergies (Euronext: TTE) executed a share repurchase program authorized by shareholders on May 25, 2022. A total of 2,239,872 shares were bought back during this period, with an overall expenditure of €128,458,622.41. The average purchase price per share was approximately €57.35. The individual transaction details are available on TotalEnergies' website. The share repurchase aligns with the company’s strategy to enhance shareholder value. TotalEnergies is committed to providing cleaner and more affordable energy, operating in over 130 countries with a workforce of more than 100,000 employees.