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4-Traders Homepage  >  Equities  >  Euronext Paris  >  Total    FP   FR0000120271

TOTAL (FP)
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Total : adheres to Iran gas field deal opposing Trump threats

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10/04/2017 | 02:55am CEST

TEHRANTotal’s Chief Executive Patrick Pouyanné said his company plans to continue developing Iran’s South Pars gas field despite the U.S. threats to blow the nuclear deal.

According to a report by Financial Times, Speaking in Washington Pouyanné said he was well aware of the difficulties they may face when he signed the multibillion-dollar deal in July to develop South Pars.

“We knew when we signed that it will not be an easy road,” he said. The official noted that Total is “committed to put the concrete agreement in place” to develop part of the South Pars gas field, which is the world’s largest and is shared by Iran and Qatar.

Pouyanné said Total had not come under any pressure from the U.S. over its Iran business, and added that he had not spoken to any U.S. senators about the debate on the nuclear deal.

“I don’t receive any order from the French government. I don’t receive any orders from the U.S. government,” he added.

His comments came as Trump weighs whether to recertify on October 15 that Iran is complying with the nuclear deal. If the U.S. president does not recertify, congress has 60 days to decide whether to re-impose sanctions.

EF/MA

(c) 2017 TehranTimes. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2018 206 B
EBIT 2018 20 928 M
Net income 2018 13 582 M
Debt 2018 22 809 M
Yield 2018 4,86%
P/E ratio 2018 12,13
P/E ratio 2019 11,04
EV / Sales 2018 0,91x
EV / Sales 2019 0,87x
Capitalization 164 B
Chart TOTAL
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Total Technical Analysis Chart | FP | FR0000120271 | 4-Traders
Technical analysis trends TOTAL
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 69,6 $
Spread / Average Target 13%
EPS Revisions
Managers
NameTitle
Patrick Pouyanné Chairman & Chief Executive Officer
Patrick de la Chevardière Chief Financial Officer
Jean-François Minster Senior Vice President-Scientific Development
Marie-Noelle Semeria Group Chief Technology Officer & Senior VP
Patrick Artus Independent Director
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