Report
Ahmed Ben Salem

Total Energies : Preview of the CMD – The rebound in crude prices should help to accelerate the transition and launch of the share buyback programme

>Towards an increase in capex and the contribution from renewables - On 27 September, TotalEnergies is to host its Energy Outlook ahead of the CMD on 28 September. This should provide the group with the opportunity to detail its now multi-energy strategy which, like the rest of the sector, seeks to strike the right balance between 1/ financing investment in oil and gas generators by FCF, on the one hand, and 2/ financing the development of renewables and reducing its...
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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