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Copiers : 6
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Dear Etorians, 04/26/24
Sales revenue for the quarter ended March 31 was $51.88 billion, down from $58.23 billion a year earlier, which is much better because analysts were expecting $46. 82 billion dollars.
The French oil group $TTE.PA is studying "seriously" the possibility of a listing in New York, Patrick Pouyanne, managing director, told analysts on Friday, in order to get closer to a majority of American shareholders. The group is valued at 7/8 times profits while American competitors are closer to 12. In addition, 47% of Total's shareholders are American.
The stock gained 2.2% mid-session.