Report
Ahmed Ben Salem

Total : Un best class qui souhaite le rester

>Total un des grands gagnants du cycle actuel - A l’issue du roadshow que nous avons organisé la semaine dernière avec Ladislas Paszkiewicz (Directeur Stratégie et Climat) et Matthieu Bouyer, (IR) nous retenons trois points qui valident la stratégie du groupe : i/ meilleure croissance du secteur avec +6-7% sur 2017-2020 et des barils mieux margés qui sont très relutifs pour le CFFO (+33% sur 2017-2020) ; 2/ Total a bénéficié de la crise en 2015-2017 pour réaliser des...
Underlying
Total SE

Total is an international integrated oil and gas company also active in solar and biomass energy sources. Co. engages all aspects of the petroleum industry, including Upstream operations (oil and gas exploration, development and production, and LNG (Liquefied Natural Gas)) and Downstream operations (refining, petrochemicals, specialty chemicals, marketing and marketing and trading and shipping of crude oil and petroleum products). In addition, Co. is engaged in the coal mining and power generation sectors. Co.'s worldwide operations are conducted through three business segments: Upstream, Refining & Chemicals, and Marketing & Services.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Ahmed Ben Salem

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