TotalEnergies' New Long-Term Strategy Shows Durability
Dow Jones
Sep 28
0803 GMT - TotalEnergies' new longer-term strategy shows consistency and durability, while also allowing for higher returns in the short term, analysts at Jefferies say in a note. The French energy company's updated outlook was an overall positive, with maintained energy growth until 2030 and an increasing portion of energy mix being electricity in the future, the analysts say. At the same time, there was an increase in shareholder distribution, they add. Shares are up 0.78% at 80.6 euros.
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