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TotalEnergies Targets 4% Annual Energy Growth, Plans Dividend Increase

MT Newswires·09/28/2026 04:06:49
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04:06 AM EDT, 09/28/2026 (MT Newswires) -- TotalEnergies (TTE.PA, TTE.L) is targeting 4% annual energy production growth through 2030, covering oil and gas production and electricity generation. The French energy company said Monday its board adopted a policy to increase the dividend by more than 5% per year for financial years 2026 through 2030. The company said it targets net investments of $14 billion to $17 billion per year from 2027 to 2032 to support long-term growth.