TotalEnergies Raises Dividend Growth Target and Buybacks Through 2030
The French energy major unveiled a five-year plan lifting shareholder returns as higher oil and gas prices boost profit.
What to know
- TotalEnergies targets dividend growth of more than 5% annually through 2030 and will buy back $2.5 billion in shares in Q4 2026, $2-2.5 billion in Q1 2027.
- The plan is underpinned by rising oil and gas prices boosting profit, with production growth targets of 4% per year through 2030 across oil, gas and electricity.
- The company projects about $10 billion in free cash flow growth from 2025-2030 and expects gearing to fall below 10% by year-end.
- TotalEnergies aims to keep an oil and gas production plateau of about 3 million barrels of oil equivalent per day through 2035, backed by projects in Namibia, Nigeria, Libya, Malaysia, Mozambique and Papua New Guinea.
TotalEnergies SE French integrated energy majorTotalEnergies Board of Directors Company board
How it unfolded 1 development · click the chart to see its coverage articlesposts
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TotalEnergies unveils 2030 strategy and outlook in New York — The company presented production growth targets of 4% per year through 2030 for combined oil, gas and electricity output, projected free cash flow growth of about $10 billion from 2025-2030, and said gearing should fall below 10% by year-end.
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Bloomberg links buyback boost to rising oil prices
Bloomberg reported that TotalEnergies is lifting buybacks for the next two quarters as it benefits from rising oil and gas prices.
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first by Bloomberg Markets, 1d ago · also Seeking Alpha, Financial Times, Euronews
3 more headlines
- TotalEnergies boosts buybacks, pledges 5%+ annual dividend growth through 2030 Seeking Alpha · 23h ago
- TotalEnergies boosts buybacks and dividends as oil prices surge Financial Times · 21h ago
- TotalEnergies raises buybacks and pledges higher dividends as oil trades around $100 Euronews · 16h ago
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TotalEnergies Lifts Payout as Rising Oil Prices Boost Profit https://www. bloomberg.com/news/articles/20 26-09-28/totalenergies-lifts-buybacks-as-rising-oil-prices-boost-profit?utm_source=flipboard&utm_medium=activitypub Posted into Bloomberg Television @ bloomberg-television-bloomberg
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TotalEnergies board approves new dividend policy and buybacks — The Board of Directors approved a dividend policy targeting more than 5% annual growth through 2030 and authorized $2.5 billion in share buybacks for Q4 2026 and $2-2.5 billion for Q1 2027.