TotalEnergies Has Plenty of Reasons to Say ‘Au Revoir, Paris' [BNN Bloomberg (Canada)]
TotalEnergies SE (TTE)
Company Research
Source: BNN Bloomberg
Investors typically are willing to pay much less for European stocks than those in the US, and that valuation discount is especially notable in Big Oil: European companies in the industry are 40% cheaper than those across the Atlantic. If TotalEnergies were valued in line with the average big US crude producer, its €160 billion ($172 billion) equity market capitalization would be boosted by $115 billion, based on earnings multiples calculated by Bloomberg. TotalEnergies CEO Patrick Pouyanne says a growing part of the problem stems from a three-letter acronym: ESG. He told a French Senate hearing last week that his stock's discount results partly from the growing pressure on European asset managers to invest using environmental, social and governance standards. The latest example: A proposed French rule would only let funds use a national ESG label if they blacklist fossil-fuel companies that are still expanding production. Read more: French Fund Rule Puts $7.6 Billion of Oil,
Show less
Read more
Impact Snapshot
Event Time:
TTE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TTE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TTE alerts
High impacting TotalEnergies SE news events
Weekly update
A roundup of the hottest topics
TTE
News
- Outlook: global LNG trade amid market uncertainties [Yahoo! Finance]Yahoo! Finance
- Suriname's Oil Resources Seen Totaling 2.4 Billion Barrels [Yahoo! Finance]Yahoo! Finance
- Suriname's Oil Resources Seen Totaling 2.4 Billion Barrels [BNN Bloomberg (Canada)]BNN Bloomberg
- Total Voting Rights [Yahoo! Finance]Yahoo! Finance
- TotalEnergies SE: Information Concerning the Total Number of Voting Rights and Shares in the Share Capital as at April, 30 2024Business Wire
TTE
Earnings
- 4/26/24 - Beat
TTE
Sec Filings
- 5/17/24 - Form SD
- 5/2/24 - Form 6-K
- 4/29/24 - Form F-3ASR
- TTE's page on the SEC website