La petrolera francesa Total reportó el martes una caída menor que la esperada de un 22 por ciento en su utilidad neta del primer trimestre, luego de que un aumento de los márgenes de refino y un sólido crecimiento de la producción de crudo y gas compensaron en parte los precios del crudo más bajos.
"El grupo se está beneficiando de su estrategia de crecimiento orgánico", dijo el presidente ejecutivo Patrick Pouyanne en un comunicado. Total tiene como objetivo un aumento de un 8 por ciento en la producción de este año.
La ganancia neta ajustada de Total ascendió a 2.602 millones de dólares en el primer trimestre, y los ingresos cayeron un 30 por ciento a 42.313 millones de dólares.
Los analistas esperaban en promedio una ganancia neta ajustada de 2.050 millones de dólares, según estimaciones obtenidas por Thomson Reuters I/B/E/S.
(Reporte de Michel Rose. Editado en español por Carlos Aliaga)
Total SA (NYSE:TOT) issued its quarterly earnings data on Tuesday. The company reported $1.13 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.64 by $0.49,AmericanBankingNews.com reports.
A number of analysts have recently weighed in on TOT shares. Analysts at Deutsche Bank downgraded shares of Total SA from a “buy” rating to a “hold” rating in a research note on Thursday, April 23rd. Analysts at Credit Suisse Group AG upgraded shares of Total SA from a “neutral” rating to an “outperform” rating in a research note on Tuesday, April 21st. Analysts at RBC Capital upgraded shares of Total SA from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from $51.00 to $55.00 in a research note on Tuesday, April 7th. Finally, analysts at Howard Weil upgraded shares of Total SA from a “sector perform” rating to a “sector outperform” rating and set a $59.00 price target on the stock in a research note on Monday, February 23rd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company’s stock. Total SA currently has an average rating of “Hold” and an average price target of $54.80.
Total SA (NYSE:TOT) traded down 0.77% during mid-day trading on Wednesday, hitting $54.06. The stock had a trading volume of 872,678 shares. Total SA has a 52-week low of $46.61 and a 52-week high of $74.22. The stock’s 50-day moving average is $50. and its 200-day moving average is $53.. The company has a market cap of $123.04 billion and a price-to-earnings ratio of 29.06.
Total SA is a France-based integrated international oil and gas company. It is an integrated international oil and gas company and a chemicals manufacturer. Total engages in all aspects of the petroleum industry, including Upstream operations (NYSE:TOT), Refining & Chemicals (refining, petrochemicals, speciality chemicals, crude oil trading and shipping) and Marketing & Services (focused on the supply and sale of petroleum products, together with activities related to renewable energy).
