TotalFuture competitor or (one of the) SM partner?
https://www.total.com/group/commitment/climate-change/petroleum-products-energy-efficiency-biofuels
https://www.total.com/getting-net-zero
They had news last week: they will change their name in TotalEnergies. Total reiterated its plans to transform itself over the next decade, reducing its reliance on oil and focusing its energy production growth on LNG and renewables. Total will allocate
over 20% of this year's $12B net investment budget to
renewables and electricity.
Strong buy GIII
+2$ after DA with the SM very possible...
ESG factors will be helping enormously to drive performance for hidden and still unknown ESG champions like this company (think in the direction of Decarbonisation Winners, Climate Solutions providers, or New Circular Economy players).