TotalEnergies downgraded to Neutral from Overweight at JPMorgan » 05:1909/1709/17/21
JPMorgan analyst Christyan Malek downgraded TotalEnergies to Neutral from Overweight with a EUR 48 price target. The analyst prefers European oil stocks that offer a "barbell" of outsized exposure to stronger commodity prices. Malek sees limited catalysts for TotalEnergies shares.
TotalEnergies price target raised to EUR 48.30 from EUR 44.80 at Deutsche Bank » 13:0409/1609/16/21
Deutsche Bank analyst…
Deutsche Bank analyst James Hubbard raised the firm's price target on TotalEnergies to EUR 48.30 from EUR 44.80 and keeps a Buy rating on the shares.
|Over a month ago|
Largest borrow rate increases among liquid names » 08:4508/1208/12/21
MOXC, UPH, ALZN, GATO, LOGI, MOGO, TD, ME, TTE, GT
Latest data shows the…
Latest data shows the largest indicative borrow rate increases among liquid option names include: Moxian Inc (MOXC) 37.74% +4.20, UpHealth (UPH) 21.58% +1.53, Alzamend Neuro (ALZN) 58.63% +0.79, Gatos Silver (GATO) 1.27% +0.57, Logitech (LOGI) 2.37% +0.53, Mogo (MOGO) 11.75% +0.45, Toronto Dominion Bank (TD) 0.57% +0.29, 23andMe (ME) 19.75% +0.28, TotalEnergies (TTE) 0.53% +0.27, and Goodyear Tire (GT) 0.54% +0.27.
TotalEnergies price target lowered to EUR 55 from EUR 56 at JPMorgan » 14:4307/3007/30/21
JPMorgan analyst Christyan Malek lowered the firm's price target on TotalEnergies to EUR 55 from EUR 56 and keeps an Overweight rating on the shares.
TotalEnergies, Amazon announce strategic collaboration agreement » 08:4707/2907/29/21
TotalEnergies (TTE) announced a strategic collaboration with Amazon (AMZN) through which TotalEnergies will contribute to Amazon's commitment to power its operations with 100% renewable energy, while Amazon will help TotalEnergies accelerate its digital transformation. TotalEnergies and Amazon have signed power purchase agreements for a commitment of 474 MW of renewable capacity in the US and Europe, and expect to expand their cooperation in the Middle East and Asia Pacific. With Amazon Web Services as a key cloud provider, TotalEnergies will accelerate its move to the cloud, boosting its IT transformation, the digitization of its operations and its digital innovation, the companies said.
TotalEnergies price target raised to $66 from $60 at Piper Sandler » 06:0607/2307/23/21
Piper Sandler analyst…
Piper Sandler analyst Ryan Todd raised the firm's price target on TotalEnergies to $66 from $60 and keeps an Overweight rating on the shares. The analyst says crude oil "tightness" adds further momentum to the "robust" free cash flow outlooks for the integrated oils. He views the outlook into the Q2 quarter results as "unquestionably positive" for the sector. Upstream valuations remain "severely discounted," with 14% free cash flow yields at the strip, accelerating shareholder distributions, and second half of 2021 crude balances that suggest "upwards risk to the forward oil curve," Todd tells investors in a research note.
TotalEnergies partners with Technip Energies for low-carbon LNG solutions » 06:4207/2107/21/21
TotalEnergies and Technip…
TotalEnergies and Technip Energies signed a Technical Cooperation Agreement to jointly develop low-carbon solutions for Liquefied Natural Gas - LNG - production and offshore facilities to accelerate the energy transition. As part of this agreement, both parties will explore new concepts and technologies, in order to reduce carbon footprint of existing facilities and greenfield projects in areas such as LNG production, cryogeny, production and use of hydrogen for power generation, or processes for Carbon Capture, Utilization and Storage - CCUS -. By partnering, Technip Energies and TotalEnergies rely on complementary expertise to decarbonize LNG plants and offshore facilities.
TotalEnergies enters infrastructure agreement with GIP on Gladstone LNG » 06:3607/1307/13/21
TotalEnergies has completed a transaction with GIP Australia in relation to the downstream facilities of the Gladstone LNG Project owned by its subsidiary Total GLNG Australia, for a consideration of more than $750M, with effective date January 1, 2021. As part of this transaction, GIP will receive a throughput-based tolling fee calculated on TGA's share of gas processed through the downstream facilities over a period of 15 years. TGA retains full control and ownership of its 27.5% interest in the Gladstone LNG Downstream Joint Venture.
Decarbonization Plus Acquisition initiated with a Buy at DA Davidson » 17:1507/1207/12/21
DA Davidson initiated…
DA Davidson initiated coverage of Decarbonization Plus Acquisition with a Buy rating.
Hyzon Motors expands hydrogen mobility partnership with TotalEnergies » 07:4507/1207/12/21
Hyzon Motors announced it…
Hyzon Motors announced it has signed a memorandum of understanding with TotalEnergies through its Marketing & Services division. The MoU reinforces the two companies' shared commitment to evaluate and develop hydrogen refueling and vehicle supply solutions for long-haul transport to customers across Europe. Hyzon and TotalEnergies aim to make it easier for fleet owners to transition to renewable hydrogen fuel by combining their existing infrastructure and technology. TotalEnergies, which operates over 15,500 service stations globally, and Hyzon, a leading supplier of hydrogen fuel cell-powered trucks, already have hydrogen refueling stations and hydrogen-powered vehicles in operation, respectively. A first concrete operational step is the announcement of the signature of an additional MoU between Hyzon and TotalEnergies, this time through its French affiliate TotalEnergies Marketing France, which oversees its service-stations network and new mobilities solutions in France. Under this second MoU, the companies will collaborate on developing ecosystems and will secure by 2023 the production of 80 hydrogen fuel cell-powered trucks for TotalEnergies' French customers.