Report
Allen Good, CFA
EUR 100.00 For Business Accounts Only

Total's cost-cutting and production growth are reducing break-even levels.

Total closed out 2017 on a high note by reporting strong fourth-quarter results and reinstating the cash dividend via offsetting share repurchases. Management also took the extra step of announcing its intentions to increase the dividend by 10% and repurchase $5 billion worth of shares through 2020. In announcing its intention to repurchase shares, Total joins peers who have already announced similar intentions or intimated excess cash would go towards repurchase. The formalized plans to increas...
Underlying
Total SE

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Allen Good, CFA

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