TotalEnergies SE, an integrated energy company produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity globally. Incorporated in 1924 and headquartered in Courbevoie, France, TotalEnergies was formerly known as TOTAL SE before rebranding in June 2021.
TotalEnergies SE is an integrated energy company that produces and markets a wide range of energy products globally. Its portfolio includes oil and biofuels, natural gas, biogas, and low-carbon hydrogen, as well as renewables and electricity. The company operates across the entire energy value chain, from exploration and production to refining, marketing, and trading. Formerly known as TOTAL SE, the company rebranded in June 2021 to reflect its strategic shift toward a broader energy mix. TotalEnergies aims to be a major player in the energy transition, investing in solar, wind, and other renewable energy projects while continuing its traditional oil and gas operations.
Where is TotalEnergies listed and in what currency?
TotalEnergies SE is listed on the New York Stock Exchange (NYSE) under the ticker symbol TTE. Its shares trade in US dollars (USD), making it accessible to international investors. The company is headquartered in Courbevoie, France, and its primary listing is on Euronext Paris, but the NYSE listing provides exposure to US and global markets. The USD trading currency simplifies investment for those using US dollars and aligns with the company's global operations, as many of its transactions are denominated in dollars.
What sector and industry does TotalEnergies operate in?
TotalEnergies operates in the Energy sector, specifically within the Oil & Gas Integrated industry. As an integrated company, it is involved in all aspects of the oil and gas supply chain, including upstream activities like exploration and production, midstream transportation and storage, and downstream refining and marketing. Additionally, TotalEnergies has expanded into low-carbon energy segments such as renewables (solar, wind) and electricity, reflecting its evolution from a pure oil and gas company to a diversified energy provider. This integration allows the company to capture value at multiple stages and manage risks across the energy cycle.
Where is TotalEnergies headquartered and what markets does it serve?
TotalEnergies SE is headquartered in Courbevoie, France, a suburb of Paris. The company was incorporated in 1924 and has since grown into a global energy giant. It serves markets worldwide, with operations spanning over 130 countries. Its geographic reach includes Europe, North America, Africa, Asia, and the Middle East. TotalEnergies' global presence allows it to access diverse energy resources and customer bases, from oil and gas production in the North Sea and Africa to renewable energy projects in Europe and the Americas. The company's headquarters in France reflects its French origins, but its operations are truly international.
How does TotalEnergies make money?
TotalEnergies generates revenue through its integrated energy operations. Its upstream segment profits from the exploration and production of crude oil and natural gas, selling these commodities on global markets. The downstream segment includes refining crude oil into products like gasoline, diesel, and jet fuel, as well as petrochemicals, and marketing them through a network of service stations and industrial customers. Additionally, TotalEnergies has a growing low-carbon business that produces and sells electricity from renewable sources (solar, wind), as well as biofuels, biogas, and low-carbon hydrogen. The company also trades energy commodities and provides energy services. This diversified model helps stabilize earnings across different market conditions.