Output growth exciting, but does not drive valuation to the sky
18/09/23 -"Our target price rises by c.20% as we have improved key financial KPIs, especially for FY25 thanks to production growth and better oil price assumptions. The growth outlook does not, however, permit ..."
Pages
100
Language
English
Published on
18/09/23
You may also be interested by these reports :
08/10/26
We raise our adjusted EPS to USD 1.17 in 2026 and USD 0.81 in 2027, from USD 0.69 and USD 0.59, while 2028 eases to USD 0.55 from USD 0.69. Our Brent ...
06/10/26
We raise our NAV from €70.2/share to €83.9/share. The uplift is primarily driven by our revised commodity price deck. Brent increases to $91.5/bbl in ...
02/10/26
The closure of the Strait of Hormuz in the US-Iran conflict and Ukrainian strikes on Russian refineries have cut diesel supply. Europe, short of ...
28/09/26
This CMD extends TotalEnergies’ horizon without speeding up its growth. The 2030 targets are confirmed as they stood, and the post-2030 outlook ...