TotalEnergies SE Financial Update and Recent Developments

TotalEnergies SE, an integrated oil and gas company, has been in the spotlight recently due to several significant developments. The company, which operates globally across four segments—Exploration & Production, Gas, Renewables & Power, Refining & Chemicals, and Marketing & Services—has seen its share price close at 52.15 EUR on April 23, 2025. This is a notable increase from its 52-week low of 47.645 EUR on April 8, 2025, but still below its 52-week high of 69.2 EUR on May 9, 2024. The company’s market capitalization stands at 117,600 million EUR, with a price-to-earnings ratio of 8.84.

Dividend Announcement

On April 30, 2025, TotalEnergies SE confirmed the distribution of a first interim dividend of €0.85 per share for the fiscal year 2025. This represents a 7.6% increase compared to the previous year. The decision was made during the Board of Directors meeting on April 29, 2025, chaired by Mr. Patrick Pouyanné, the Chairman and Chief Executive Officer.

Quarterly Earnings Preview

TotalEnergies is set to present its quarterly results for the period ending March 31, 2025, on April 30, 2025. Analysts, on average, anticipate a profit of 1.8 billion EUR for the quarter. This earnings call is highly anticipated as it will provide insights into the company’s performance amidst fluctuating oil prices and market conditions.

Operational Developments

Several operational updates have emerged recently. TotalEnergies plans to shut down a cracker in Antwerp, Belgium, as reported by multiple sources. This decision aligns with the company’s strategic adjustments in response to market demands and operational efficiencies.

Labor and Offshore Developments

In the UK, offshore workers at TotalEnergies are being balloted for strike action, indicating potential labor disputes that could impact operations. Meanwhile, in Namibia, TotalEnergies has not found hydrocarbons in its offshore explorations, which may affect future exploration strategies.

Market and Industry Context

The TotalEnergies share price has experienced minimal movement, with a slight increase to 52.90 EUR recently. However, the stock has faced challenges due to weaker-than-expected earnings from competitor BP and a general downturn in oil prices. This has contributed to a downward trend in TotalEnergies’ stock performance.

Environmental and Regional Commitments

In the Netherlands, a significant investment of $726 million has been committed to the Aramis Carbon Capture and Storage (CCS) project. Notably, Shell and TotalEnergies have opted out of this initiative, which may influence their environmental strategies and commitments.

These developments highlight TotalEnergies SE’s ongoing efforts to navigate the complex energy landscape, balancing operational efficiency, financial performance, and strategic investments in renewable energy and environmental initiatives.