TotalEnergies Plans $15-17B Annual Investments, Prioritizes Dividends Amid Challenges
TotalEnergies, the French multinational integrated oil and energy company, has revealed its investment plans for the coming years. The company expects net investments of around $16 billion in 2026, with annual investments ranging from $15 billion to $17 billion from 2027 to 2030.
Despite facing operational challenges and increased debt, TotalEnergies' board has reaffirmed its commitment to prioritizing dividend payments and growth. The company aims to continue paying out more than 40% of its annual cash flow to shareholders, even amidst fluctuating oil prices.
However, TotalEnergies' shares have lagged behind those of its US and UK competitors due to these challenges. The company is planning to save around $7.5 billion in capital expenditure and operating costs from 2026 to 2030 to address these issues. Additionally, global supply surpluses in oil and liquefied natural gas are exacerbating TotalEnergies' challenges.
TotalEnergies' investment plans and commitment to shareholder dividends demonstrate the company's resilience and determination to navigate the current energy landscape. Despite the challenges, TotalEnergies remains focused on growth and maintaining its position in the global oil and energy market.
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