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On September 28, Total Energy announced its strategy and outlook, confirming that energy production will grow at an average annual rate of 4% by 2030, of which oil and gas production will increase by more than 3% and power generation by more than 20%. It is expected to reach 100 to 120 terawatt-hours by 2030. The company expects free cash flow to increase by approximately $10 billion from 2025 to 2030, and plans to make a net investment of $14 billion to $17 billion a year from 2027 to 2032. The Board promised to increase dividends by more than 5% per year from 2026 to 2030 while maintaining a shareholder return of at least 40% on cash flow. Total Energy expects a net debt ratio of less than 10% by the end of 2026, and authorized a repurchase of 2.5 billion US dollars in the fourth quarter of 2026 and 2 billion to 2.5 billion US dollars in the first quarter of 2027.

Zhitongcaijing·09/28/2026 07:17:05
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On September 28, Total Energy announced its strategy and outlook, confirming that energy production will grow at an average annual rate of 4% by 2030, of which oil and gas production will increase by more than 3% and power generation by more than 20%. It is expected to reach 100 to 120 terawatt-hours by 2030. The company expects free cash flow to increase by approximately $10 billion from 2025 to 2030, and plans to make a net investment of $14 billion to $17 billion a year from 2027 to 2032. The Board promised to increase dividends by more than 5% per year from 2026 to 2030 while maintaining a shareholder return of at least 40% on cash flow. Total Energy expects a net debt ratio of less than 10% by the end of 2026, and authorized a repurchase of 2.5 billion US dollars in the fourth quarter of 2026 and 2 billion to 2.5 billion US dollars in the first quarter of 2027.