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Global 500

JEAN-SEBASTIEN EVRARD — AFP/Getty Images

24

Total

TOT

France

Total stands out as the one western oil and gas major that is not only accepting the doctrine of climate change, but actually hedging against it. In May, it made its second billion-dollar investment in renewable energy, buying battery maker Saft Groupe. It had bought 66% of solar panel maker SunPower for $1.4 billion in 2011. Patrick Pouyanné, who succeeded Christophe de Margerie after the latter’s fatal airplane accident in 2015, says he wants 20% of Total’s assets in low-carbon energy by 2035. That’s not sparing it from asset disposals and budget cuts in the short run though.

CEO

Patrick Pouyanné

Sector

Energy

Industry

Petroleum Refining

HQ Location

Courbevoie, France

Employees

96,019

Years on Global 500 List

22

Excise taxes have been deducted.Figures prepared in accordance with International Accounting Standards.
Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$143,421-32.4%
Profits ($M)$5,08719.9%
Assets ($M)$224,484
Total Stockholder Equity ($M)$92,494
Profit Ratios
Profit as % of Revenues3.5%
Profits as % of Assets2.3%
Profits as % of Stockholder Equity5.5%
STOCK QUOTE
()0.00 0.00 (0)
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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News about Total

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European legislators believe they can bypass U.S. withdrawal from the Iran deal. But skepticism abound among business leaders, even as global society comes closer together, Vivienne Walt reports.

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Trump's Iran Sanctions Have Already Convinced One Oil Company to Leave the Country

“The risks of being on the wrong side of the U.S. government are not worth the benefits."

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These 6 Companies Have a Lot to Fear From Trump's Iran Sanctions

The aerospace, energy and automotive sectors are all affected.

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Total Chases Growth With $5 Billion Purchase of Maersk Oil

It's the French company’s biggest acquisition since 1999.

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