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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 CET

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 2017 158 B
EBIT 2017 12 561 M
Net income 2017 10 245 M
Debt 2017 24 794 M
Yield 2017 4,87%
P/E ratio 2017 13,45
P/E ratio 2018 12,71
EV / Sales 2017 1,05x
EV / Sales 2018 0,96x
Capitalization 140 B
Chart TOTAL
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Total Technical Analysis Chart | FP | FR0000120271 | 4-Traders
Technical analysis trends TOTAL
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 61,2 $
Spread / Average Target 9,2%
EPS Revisions
Managers
NameTitle
Patrick Pouyanné Chairman & Chief Executive Officer
Bernard Pinatel President-Refining & Chemicals
Patrick de la Chevardière Chief Financial Officer
Jean-François Minster Senior Vice President-Scientific Development
Christophe Vuillez Senior VP, Head-Strategy, Development & Research
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ENI-10.15%60 241