ENXTPA:TTEOil and Gas
Assessing TotalEnergies (ENXTPA:TTE) Valuation After $2.2b Masdar Renewables Joint Venture Announcement
TotalEnergies (ENXTPA:TTE) has put a fresh spotlight on its share with a binding $2.2b 50/50 joint venture alongside Abu Dhabi based Masdar to combine onshore renewables across nine Asian markets.
See our latest analysis for TotalEnergies.
The joint venture news comes after a strong run, with a 48.42% 90 day share price return and a 66.82% 1 year total shareholder return. This suggests that momentum has been building despite some recent short term share price volatility.
If this kind of...