tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TotalEnergies Divests Interests in Norwegian Fields for Strategic Portfolio Optimization

Story Highlights
  • TotalEnergies divests interests in Norwegian fields to Vår Energi and Orlen Upstream.
  • The divestment aligns with TotalEnergies’ strategy to optimize its upstream portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TotalEnergies Divests Interests in Norwegian Fields for Strategic Portfolio Optimization

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

TotalEnergies ( (TTE) ) just unveiled an update.

On October 1, 2025, TotalEnergies announced the divestment of its non-operated interests in the West Ekofisk, Albuskjell, and Tommeliten Gamma fields in Norway to Vår Energi and Orlen Upstream Norway. These fields, part of the Greater Ekofisk Area, ceased production in 1998 and are slated for redevelopment under the Previously Produced Fields project. This strategic move aligns with TotalEnergies’ efforts to optimize its upstream portfolio by capitalizing on value-accretive divestment opportunities while maintaining a strong presence in Norway. The completion of these transactions is contingent upon the final investment decision of the redevelopment project, expected in the fourth quarter of 2025, and regulatory approvals.

The most recent analyst rating on (TTE) stock is a Hold with a $67.00 price target. To see the full list of analyst forecasts on TotalEnergies stock, see the TTE Stock Forecast page.

Spark’s Take on TTE Stock

According to Spark, TipRanks’ AI Analyst, TTE is a Outperform.

TotalEnergies’ strong valuation and technical indicators are the most significant factors contributing to its overall score. The company’s financial performance is solid, with robust operational efficiency, though revenue growth and cash flow management need improvement. The recent earnings call provided positive insights into cash flow and production growth, despite some challenges in the LNG segment and regulatory environment.

To see Spark’s full report on TTE stock, click here.

More about TotalEnergies

TotalEnergies is a global integrated energy company engaged in the production and marketing of a wide range of energies, including oil, biofuels, biogas, low-carbon hydrogen, renewables, and electricity. With a workforce of over 100,000 employees, the company operates in approximately 120 countries, focusing on providing sustainable, reliable, and affordable energy solutions.

Average Trading Volume: 1,356,833

Technical Sentiment Signal: Strong Buy

Current Market Cap: $134.1B

For an in-depth examination of TTE stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1