FP.PA - TOTAL S.A.

Paris - Paris Delayed Price. Currency in EUR
47.79
+0.47 (+0.99%)
As of 11:13AM CET. Market open.
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Previous Close47.32
Open47.85
Bid0.00 x 0
Ask0.00 x 0
Day's Range47.70 - 48.02
52 Week Range42.65 - 52.27
Volume994,941
Avg. Volume4,344,112
Market Cap122.316B
Beta (5Y Monthly)0.74
PE Ratio (TTM)13.39
EPS (TTM)3.57
Earnings DateFeb 06, 2020
Forward Dividend & Yield2.64 (5.52%)
Ex-Dividend DateMar 30, 2020
1y Target Est68.27
  • Oil CEOs at Davos Debate Tougher CO2 Cuts as Pressure Mounts
    Bloomberg

    Oil CEOs at Davos Debate Tougher CO2 Cuts as Pressure Mounts

    (Bloomberg) -- Sign up here to receive the Davos Diary, a special daily newsletter that will run from Jan. 20-24.The bosses of some of the world’s biggest oil companies discussed adopting much more ambitious carbon targets at a closed-door meeting in Davos, a sign of how much pressure they’re under from activists and investors to address climate change.The meeting, part of a World Economic Forum dominated by climate issues, included a debate on widening the industry’s target to include reductions in emissions from the fuels they sell, not just the greenhouse gases produced by their own operations, people familiar with the matter said on Wednesday.The talks between the chief executive officers of companies including Royal Dutch Shell Plc, Chevron Corp., Total SA, Saudi Aramco, Equinor ASA and BP Plc showed general agreement on the need to move toward this broader definition, known as Scope 3, the people said, asking not to be named because the session was closed to the press. The executives didn’t take any final decisions.Shell and Aramco declined to comment. Media representatives for Chevron, Total and BP weren’t immediately able to respond to requests for comment. Equinor confirmed its CEO Eldar Saetre attended the meeting.Climate FocusTargeting Scope 3 emissions would be a big shift for an industry that produces the bulk of the world’s planet-warming emissions, once that could eventually require them to sell far less oil and gas. The simple fact that the industry’s top executives were considering it underscored how climate concerns suddenly came into focus in Davos this year.For the first time, environmental risks occupied the WEF’s top five long-term concerns. Business leaders from BlackRock Inc. CEO Larry Fink to Allianz SE boss Oliver Baete used their platform at the event to focus on sustainable investment. The two highest-profile attendees at the forum -- President Donald Trump and climate activist Greta Thunberg -- made headlines as they staked out opposing positions on the issue.The oil and gas executives debated a document produced by the WEF on “neutralizing emissions at the pump,” a reference to the gasoline and diesel sold to customers. There’s an urgent need to shift the industry’s target from production to emissions from end users, said one person.Several companies have already set targets for Scope 1 and 2 greenhouse gases, which come directly from pumping and refining hydrocarbons. Yet these account for less than 10% of total emissions from the life cycle of oil and gas. Some of their pledges have also focused on curbing emissions intensity -- the amount of carbon dioxide released per unit of energy -- which wouldn’t necessarily lead to a reduction in the volume of greenhouse gases produced if a company’s output is growing.Among major energy groups, only Shell, Total and Madrid-based Repsol SA have publicly announced that they are either targeting or monitoring Scope 3 emissions.The Spanish company made the boldest move, promising net-zero emissions in 2050 by diverting investment into wind and solar power. Shell has taken more modest steps, pledging to offset the greenhouse gases produced by fuel sold to drivers on their loyalty-card programs in the U.K. and Netherlands.Eni SpA Chairman Emma Marcegaglia said in a Bloomberg TV interview that the company is committed to becoming carbon neutral on a Scope 1 and 2 basis by 2030. The Italian oil and gas giant is in discussions about Scope 3 emissions, but needs more guidance from the government on how to do so, she said.Other companies, notably U.S. majors Exxon Mobil Corp. and Chevron have so far resisted specific pledges to cut total emissions, with the latter focusing instead on the carbon intensity of the energy it produces. BP CEO Bob Dudley, who retires later this year, has agreed aims for Scope 1 and 2 gases but in the past opposed a Scope 3 target.“We need to reduce our carbon intensity, everyone in the industry agrees on that,” Dudley said in an interview in Davos. However, he cautioned that shareholders and companies were using multiple definitions of Scope 3 emissions. “We need to get a common definition” so the industry “can work together in a powerful way.”(Updates with Aramco comment in fourth paragraph)\--With assistance from Laura Hurst, Francois de Beaupuy, Matthew Martin, Francine Lacqua and Mikael Holter.To contact the reporter on this story: Javier Blas in Davos at jblas3@bloomberg.netTo contact the editors responsible for this story: James Herron at jherron9@bloomberg.net, Rakteem KatakeyFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Business Wire

    Electric Vehicles: Total Will Install and Operate up to 20,000 New EV Charging Points for ‘Metropolitan Region Amsterdam Electric’

    ‘Metropolitan Region Amsterdam Electric’ (MRA-Electric) has awarded Europe’s largest concession contract for electric vehicles charging to Total (Paris:FP) (LSE:TTA) (NYSE:TOT). Under this agreement, Total will install and operate up to 20,000 new public charging points in the Netherlands, in the three provinces of North-Holland, Flevoland and Utrecht*. This new contract intends to address the fast growing demand for public Electric Vehicle (EV) charging points in the Netherlands.

  • Reuters

    Guyana opposition candidate pledges to keep Exxon contract intact

    Exxon Mobil's oil contract with Guyana would be exempt from a review of the South American nation's deals if the opposition wins the March 2 election, the party's top candidate said. While his People's Progressive Party (PPP) has criticized President David Granger's 2016 deal with Exxon as too generous, Irfaan Ali called the company - whose 1 million barrel cargo of Guyana's first-ever crude production set sail on Monday - a "pioneer" in an interview over the weekend. The PPP's platform pledged to "immediately engage the oil and gas companies in better contract administration/re-negotiation." Other companies exploring off Guyana's coast include Britain's Tullow Oil, Spain's Repsol SA and France's Total.

  • Business Wire

    Total to Develop Qatar’s First Large-Scale (800 MWp) Solar Plant

    Total (Paris:FP) (LSE:TTA) (NYSE:TOT) has entered into agreements for the development of the Al Kharsaah Solar PV IPP Project, a 800 megawatt-peak (MWp) solar plant that will be located 80 kilometers west of Doha, Qatar. The project was awarded to a consortium of Total (49%) and Marubeni (51%) as the result of the country’s first solar tender. This project further strengthens our long-term partnership with Qatar in oil, natural gas, refining and petrochemicals and expands it to include renewable energy.

  • Total, Marubeni to Invest in 800-Megawatt Qatar Solar Plant
    Bloomberg

    Total, Marubeni to Invest in 800-Megawatt Qatar Solar Plant

    (Bloomberg) -- Marubeni Corp. and Total SA agreed to take a minority stake in a 1.7 billion-riyal ($464 million) project to build Qatar’s first solar power plant.The companies will contribute funds and technological expertise for a combined 40% stake in the 800-megawatt Al-Kharsaah solar project, Qatari Energy Minister Saad Sherida Al-Kaabi said at a signing ceremony on Sunday in Doha. A joint venture between Qatar Petroleum and Qatar Electricity & Water Co. will hold the remaining 60%.Like many of its oil-rich neighbors, Qatar, the world’s biggest exporter of liquefied natural gas, is pushing into solar power and other forms of renewables for its local energy needs. Al-Kharsaah will be able to supply about a 10th of Qatar’s power when it starts supplying at full capacity in the first quarter of 2022, Al-Kaabi said.Marubeni will invest about $95 million in the plant, for 20.4% of the total project, while Total will contribute about $91 million, for a 19.6% share, Al-Kaabi and Total Chief Executive Officer Patrick Pouyanne said at a news conference. Siraj Energy, the Qatari joint venture, will own the rest.State-run Qatar Petroleum, where Al-Kaabi is also the chief, wants to build four new gas liquefaction plants, known as trains, and is negotiating a possible partnership with energy majors. Qatar will decide this year whether it wants international partners to help expand the North Field, its part of the world’s largest gas deposit, Al-Kaabi said last month in Kuwait.The agreement with Marubeni and Total “has absolutely nothing to do with the North Field bidding process,” he said. (Updates with details of agreement from first paragraph.)To contact the reporter on this story: Simone Foxman in Doha at sfoxman4@bloomberg.netTo contact the editors responsible for this story: Nayla Razzouk at nrazzouk2@bloomberg.net, Bruce Stanley, James AmottFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Rigzone.com

    Angola's Oil Drilling Ramps Up

    Angola's ailing oil industry got a shot in the arm this week, with Eni SpA and Total SA both showing their commitment to the OPEC producer.

  • Business Wire

    Total: Main Indicators

    Regulatory News:

  • Business Wire

    Trading Statement

  • Rigzone.com

    Total to Drill World's Deepest Offshore Well in Angola

    Total SA will drill the world's deepest offshore well in Angola, in waters more than 2 miles deep, as the African country works to reverse years of declining output.

  • Financial Times

    Tunisia risks losing its standing as a democratic exemplar

    It has been three months since free and fair presidential and legislative elections were held in Tunisia, the Arab world’s only democratic, secular state, and still no new government has been installed. The country’s citizens have endured grinding economic hardship in the aftermath of the Arab Spring. Eight in 10 Tunisians say endemic governmental corruption persists.

  • 6 Cheap Stocks Trading at 52-Week Highs
    GuruFocus.com

    6 Cheap Stocks Trading at 52-Week Highs

    Global Partners tops the list Continue reading...

  • Financial Times

    Frequent flyer: the hassle of European train travel

    When I went to Berlin to chair an event last year, I looked into travelling from London by rail. A Eurostar hop to Paris, I thought, and then a longer, relaxed journey to Berlin. Was it really the case that there was no direct rail link between Paris and Berlin, the capitals of the two most important EU countries?

  • Oilprice.com

    What One Oil Company Did Differently To Surge 27% In A Day

    Apache saw its stock surge 27% in a single day earlier this week, and the secret behind this massive stock increase may well transform the way companies report on new oil discoveries

  • Barrons.com

    A New Hot Spot for Oil Could Boost These 4 Companies

    The hottest area for new oil and gas production isn’t in the Middle East or the U.S. Permian Basin. It’s off the northeast coast of South America.

  • Tweedy Browne Loosens Hold of MRC Global
    GuruFocus.com

    Tweedy Browne Loosens Hold of MRC Global

    Firm reduces its position in pipe and valve supplier Continue reading...