Total Energies: The latest figures, news and market research on Total Energies

Turnover: 250.547 billion EUR (2022)

Country: France

Founded in 1924, Total SA is a privately-owned French oil and gas company, one of the "supermajors", i.e. the world's six largest companies in the sector, along with ExxonMobil, Shell, Chevron, BP and ConocoPhillips.

It is the fourth largest non-public company in the world, measured in terms of revenues.

In January 2014, Total became the first major oil and gas company to acquire exploration rights for shale gas in the UK.

News

Service stations: TotalEnergies finalizes agreement with Couche-Tard for 3.4 billion euros 04/01/2024

Assets acquired by Couche-Tard: 100% of TotalEnergies service stations in Germany (1191 stations) and the Netherlands (378 stations).
Joint venture in Belgium and Luxembourg: TotalEnergies (40%) and Couche-Tard (60%) to operate 606 service stations.
Supply by TotalEnergies for at least five years.
TotalEnergies has already sold its service station networks in Italy, Switzerland and the UK since 2015.

Service stations: TotalEnergies finalizes agreement with Couche-Tard 04/01/2024

Sale of service stations by TotalEnergies to the Couche-Tard group: 3.4 billion euros
Total number of retail sites acquired by the Quebec group: 2,175
- In Germany: 1,191 -
- Belgium: 562
- Netherlands: 378 -
- Luxembourg: 44
TotalEnergies will retain 40% of the assets in Belgium and Luxembourg, which will be managed as a joint venture
TotalEnergies will supply these service stations for at least 5 years
The Canadian retail, food and fuel group Couche-Tard operates over 16,700 stores in 29 countries and employs over 150,000 people worldwide

TotalEnergies raids Station F for start-ups 12/12/2023

TotalEnergies has acquired four start-ups from its electricity gas pedal for a total of several tens of millions of euros: Dsflow, NASH Renewables, Predictive Layer and Time2plug.
Dsflow, founded in 2020, offers a software solution for large multi-site electricity consumers.
NASH Renewables is a German start-up offering a platform for optimizing renewable energy projects in Western Europe.
Predictive Layer is a Swiss start-up specializing in machine learning and artificial intelligence solutions.
TotalEnergies has acquired a 56% stake in Time2plug, a French start-up that installs charging stations at business sites in France.
Together, these four start-ups employ around fifty people.
In September, TotalEnergies also acquired Ombrea, a specialist in agrivoltaics.

TotalEnergies acquires 3 gas-fired power plants in Texas 13/11/2023

Purchase price: $635 million
Power plant capacity: 1.5 gigawatts (GW)
Size of ERCOT electricity market (Texas grid): 26 million customers
TotalEnergies' gross installed renewable generation capacity in Texas prior to acquisition: 2 GW
TotalEnergies Texas renewable generation capacity under construction: 2 GW
TotalEnergies' renewable generation capacity in Texas under development: over 3 GW

TotalEnergies, gas takes precedence over oil 27/10/2023

By 2030, gas should generate 50% of TotalEnergies' revenues, compared with 40% in 2020. TotalEnergies acquired Engie's upstream assets for $1.5 billion six years ago. LNG generated $11.2 billion in operating income for TotalEnergies last year. The internal rate of return on LNG projects is expected to eventually reach 15%. The rate of return for oil is 20%. The rate of return for renewables is currently 10%, with an eventual target of 12%. Two strategic projects for TotalEnergies, in Mozambique and Papua New Guinea, are expected to generate an additional 5 million tonnes of LNG per year from 2028, or around 8% of their current worldwide production.

Automotive: Stellantis and TotalEnergies unveil their lightweight, high-performance battery project 21/07/2023

Stellantis and TotalEnergies have designed a lighter, more efficient battery prototype that could be integrated into electric vehicles by 2030.
The investment for this project is almost ten million euros, half of which is funded by the French government's France 2030 plan.
This technology can increase the range of electric vehicles by 12%.
The battery system is designed to replace the charger and inverter with electronic cards, reducing weight, size and cost, while increasing reliability and efficiency.
Saft, a subsidiary of TotalEnergies, plans to develop this technology in this field.
Electricity storage needs explode with accelerated deployment of renewable energies

BP and TotalEnergies win gigantic tender in Germany 13/07/2023

BP and TotalEnergies have spent 12.6 billion euros to win a tender to build 7 GW of new offshore wind capacity.
Germany is aiming for 30 GW of offshore wind capacity by 2030, compared with 8 GW currently installed.
France is aiming for 40 GW of offshore wind capacity by 2050, compared with a current installed base of around 500 MW.
BP has won the rights to develop two projects for a total of 4 GW.
TotalEnergies has the remaining 3 GW to develop.
The concessions are for a period of twenty-five years, with the possibility of extension to thirty-five years.
TotalEnergies has a portfolio of 13 GW of wind power capacity to develop, mainly outside France.

TotalEnergies to build 48 solar farms in Spain 24/05/2023

48 solar farms authorized for TotalEnergies
Total capacity of 3 gigawatts (GW)
Generation of 6,000 gigawatt-hours (GWh) per year
Coverage of electricity demand for 4 million people
Location of solar farms: Madrid (1.9 GW), Murcia (over 350 MW), Castilla-La Mancha (over 300 MW), Andalusia (263 MW) and Aragon (150 MW)

TotalEnergies sells 1600 service stations to Couche-tard 17/03/2023

- 1,590 service stations in Germany and the Netherlands sold to Canadian Couche Tard
- Transaction value estimated at 3.1 billion euros
- 60% owned by TotalEnergies and 60% by Couche-Tard
- TotalEnergies aims to reduce petroleum product sales by 30% by 2030
- TotalEnergies target for the end of the decade: 15% to 20% of revenues from renewable energies, 50% from natural gas and 30% from oil

TotalEnergies commissions France's largest biogas plant 16/01/2023

Plant built by TotalEnergies in Mourenx
Uses effluents from corn processing
The plant is Europe's largest
It was financed by a €120 million capital increase from the Banque Publique d'Investissement in 2018

TotalEnergies pulls out of Russian gas giant Novatek for $3.7 billion 09/12/2022

TotalEnergies will no longer include its 19.4% stake in Novatek in its results.

TotalEnergies increases its wind power production target for Reunion by a factor of five 26/08/2022

TotalEnergies Renouvelables is currently investing around 50 million euros in the modernization of its wind farm on Reunion Island
These will replace the 37 smaller wind turbines at the La Perrière wind farm
TotalEnergies Renouvelables is especially active in solar energy on the island, where its photovoltaic power plants will soon represent 60 megawatts of capacity
Target: 92 MW of installed wind power capacity by 2028

TotalEnergies works for the energy transition in France 07/06/2022

35,000 employees in France
With 500 GWH of production capacity, the company is France's leading biogas producer
Project for the largest renewable hydrogen production site in France

The battle for fast charging stations for electric cars. 30/05/2022

The expected return on investment is high.
In France alone, TotalEnergies has committed more than 200 million euros to equip its 200 "tricolored" stations on freeways and expressways.
Ione has raised 700 million.
Fastned has raised 150 million euros.
Allego, backed by the Meridiam fund, raised $160 million.
Power Dot has also just raised 150 million euros from Antin's specialized fund.
And Engie is to install 186 charging points on Sanef network rest areas.

TotalEnergies invests in renewable energies in the United States 26/05/2022

Total has 25 gigawatts of renewable energy capacity in the United States
Acquisition of 50% of Clearway Energy Group, the fifth-largest U.S. player in renewable energies, with 7.7 GW of solar and wind power capacity
An investment of $2.4 billion
Second acquisition in the US renewable energies sector

According to Patrick Pouyanné, CEO of TotalEnergies, it would be impossible to do without Russian gas. 23/03/2022

TotalEnergies will stop buying Russian oil by the end of 2022
For Patrick Pouyanné, doing without Russian gas would mean shutting down part of the European economy.
TotalEnergies cannot get out of its 25-year contracts with Russian companies.
TotalEnergies had invested almost $13 billion in Russian plants

Rising natural gas prices 07/02/2022

Total is one of the world's largest gas producers

Financial Data

DUNS: 542051180

Legal Name: TOTALENERGIES SE

Address: 2 PL JEAN MILLIER LA DEFENSE 6, 92400 COURBEVOIE

Number of employees: Entre 5 000 et 9 999 salariés (2020)

Capital: 6 547 828 213 EUR

Financial Data:

Year	2020	2018	2017	2016
Turnover	3 960 000 000	7 377 000 000	7 085 000 000	-1 622 934 592
Gross margin (€)	3 960 000 000	7 377 000 000	-	-
EBITDA (€)	-744 000 000	7 377 000 000	-	-6 940 000 000
Operating profit (€)	-747 000 000	5 906 000 000	-	-7 019 000 000
Net profit (€)	7 238 000 000	5 485 000 000	6 634 000 000	4 142 000 000
Turnover growth rate (%)	-37,5	4,1	-536,6	-24
Ebitda margin rate (%)	-18,8	-	-	-99,6
Operating margin rate (%)	-18,9	-	-	-100,7
Working Capital (turnover days)	-306	-	-	150,2
Working Capital requirements (turnover days)	0,2	-	-	0,6
Net margin (%)	182,8	-	-	59,5
Added value / Turnover (%)	100	-	-	100
Wages and social charges (€)	-	-	-	-
Salaries / Turnover (%)	-	-	-	-

Company Managers:

Position	First Name	Last Name	Age
Président du conseil d'administration, Directeur général, Administrateur	Patrick	POUYANNE	60
Administrateur	Patricia	DUSSART	69
Administrateur	Marie Christine	COISNE	67
Administrateur	Anne Marie	COLIN	72
Administrateur	Jean	LEMIERRE	73
Administrateur	Maria	VAN DER HOEVEN	74
Administrateur	Mark	CUTIFANI	65
Administrateur	Lise	CROTEAU	63
Administrateur	Romain	GARCIA	35
Administrateur	Jerome	CONTAMINE	66
Administrateur	Angel	POBO	54
Administrateur	Jacques André	ASCHENBROICH	69
Administrateur	Robert Glenn	HUBBARD	65
Administrateur représentant les salariés actionnaires	Emma	DE JONGE	61