TotalEnergies (TTE) projects 4% energy production growth per year until 2030, the company said Monday.
The company said that encompasses 3% in annual oil and gas production growth between 2025 and 2030.
The French oil and gas major also committed to annual dividend increases of 5% until 2030 and confirmed a shareholder return of 40% of cash flow, the company said.
It also expects $2.5 billion in share buybacks in Q4 2026 and between $2 and $2.5 billion share buybacks in Q1 2027, it said.
The company plans annual net investments of $14 billion and $17 billion between 2027 and 2032, it said.
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