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TotalEnergies Announces Strategic Developments and Dividend Increase

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TotalEnergies Announces Strategic Developments and Dividend Increase

The latest update is out from TotalEnergies ( (TTE) ).

TotalEnergies has announced several key developments in early 2025, including a 7% increase in its dividend for fiscal year 2024 and a new LNG supply agreement with GSPC in India starting in 2026. Additionally, the company is collaborating with ENI, Cyprus, and Egypt on gas exports, and partnering with Air Liquide to decarbonize refineries in Northern Europe. These moves highlight TotalEnergies’ strategic focus on expanding its energy portfolio and enhancing sustainability efforts, potentially impacting its market position and stakeholder relations.

More about TotalEnergies

TotalEnergies is a global integrated energy company involved in the production and marketing of oil, biofuels, natural gas, green gases, renewables, and electricity. With over 100,000 employees, the company operates in about 120 countries, focusing on providing reliable, affordable, and sustainable energy solutions.

YTD Price Performance: 9.35%

Average Trading Volume: 1,783,658

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $129.6B

See more data about TTE stock on TipRanks’ Stock Analysis page.

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