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The latest update is out from TotalEnergies SE ( (FR:TTE) ).
TotalEnergies has announced its strategic plans for 2025 and beyond, focusing on a balanced growth strategy anchored on oil, gas, and integrated power. The company aims to increase energy production by 4% annually through 2030 while implementing a $7.5 billion savings program from 2026 to 2030. TotalEnergies plans to enhance its shareholder returns with over 40% payout through cycles and has set ambitious targets for reducing emissions and increasing renewable electricity production. The company is focusing on high-margin upstream projects and selective low-carbon investments, with significant growth expected from LNG projects in the United States and Qatar. This strategy is expected to positively impact TotalEnergies’ cash flow and shareholder value, enhancing its resilience against oil and gas cycles.
More about TotalEnergies SE
TotalEnergies is a global integrated energy company that produces and markets a variety of energies, including oil, biofuels, natural gas, biogas, low-carbon hydrogen, renewables, and electricity. With over 100,000 employees, the company operates in approximately 120 countries and emphasizes sustainability in its strategy, projects, and operations.
Learn more about TTE stock on TipRanks’ Stock Analysis page.