Total is an integrated global oil and gas group with a presence in chemicals
Share capital (09/30/2019) 0.6 %
Voting rights (09/30/2019) 1.1 %
Stake value (09/30/2019) € 776 M
Dividend (12/31/2018) € 34.7 M
Investment year
Business area
Oil & Gas
Registered office
Paris, France

Total is one of the leading global oil and gas groups. The company operates in more than 130 countries and covers every oil industry segment, from Upstream to Downstream. Total is also a major player in chemicals and is committed to the development of renewable energy.

Portfolio value 09/30/2019
4.0 %
Net dividends 12/31/2018
7.7 %
Investment case

Growing and cash generative industry, gradually evolving towards cleaner sources of energy.

Total has demonstrated its resilience and excellent execution:

  • Integrated model, from exploration to the final customer
  • Operational excellence for all its activities
  • Solid oil production growth
  • Disciplined approach to costs and investments
  • Oil activity with low breakeven point
  • Development of gas activities
  • Objective of becoming the major player in responsibleenergy to meet energy challenges