Shell, BP Keep Pace of Stock Buybacks Steady After 2023 Retreat [BNN Bloomberg (Canada)]
TotalEnergies SE (TTE)
Company Research
Source: BNN Bloomberg
BP announced a $1.75 billion share repurchase to be completed during the second quarter, according to a statement. Buybacks are a hallmark of oil majors' earnings reports. European companies are expected to return €620 billion ($667 billion) to shareholders this year, a decade-high. The challenge for energy companies like Shell, BP and TotalEnergies SE will be to meet their cash-return goals as cash flows are expected to deteriorate, Bloomberg Intelligence equity strategists Laurent Douillet and Kaidi Meng said in March. BP's free cash flow is expected to drop by about a quarter in 2024, while it may drop by almost a third for TotalEnergies and edge lower for Shell, based on consensus. --With assistance from Maggie Shiltagh. ©2024 Bloomberg L.P. Top Picks
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