TotalEnergies SE Files 2023 Annual Report
Ticker: TTE · Form: 20-F · Filed: 2024-03-29T00:00:00.000Z
Sentiment: neutral
Topics: annual-report, energy, oil-gas, risk-disclosure
TL;DR
TotalEnergies dropped its 2023 20-F, check out their energy biz risks & numbers.
AI Summary
TotalEnergies SE filed its 20-F for the fiscal year ending December 31, 2023. The report details the company's operations in crude petroleum and natural gas, including its Trading and Shipping Division and Gas and Power Segments. It also covers commodity price risk related to crude oil, petroleum products, freight rates, and gas and power activities for the years 2023 and 2022.
Why It Matters
This filing provides investors and analysts with a comprehensive overview of TotalEnergies' financial performance and operational risks for the 2023 fiscal year, crucial for understanding the company's position in the energy market.
Risk Assessment
Risk Level: medium — The filing details significant commodity price risk in crude oil, petroleum products, freight rates, and gas/power activities, indicating inherent volatility in its core business.
Key Numbers
- 2023 — Fiscal Year End (The primary period covered by the 20-F filing.)
- 2022 — Previous Fiscal Year (Included for comparative analysis of financial performance and risks.)
Key Players & Entities
- TotalEnergies SE (company) — Filer of the 20-F report
- 2023-12-31 (date) — Fiscal year end for the reported period
- 2022-12-31 (date) — Previous fiscal year end for comparative data
- CRUDE PETROLEUM & NATURAL GAS [1311] (industry) — Company's Standard Industrial Classification
FAQ
What is TotalEnergies SE's Standard Industrial Classification?
TotalEnergies SE's Standard Industrial Classification is CRUDE PETROLEUM & NATURAL GAS [1311].
What is the fiscal year end reported in this 20-F filing?
The fiscal year end reported in this 20-F filing is December 31, 2023.
Which divisions' commodity price risks are detailed in the filing?
The filing details commodity price risks for the Trading and Shipping Division (crude oil, petroleum products, and freight rates) and the Gas and Power Segments.
What are the reporting periods for the commodity price risk information?
The reporting periods for commodity price risk information are 2023-01-01 to 2023-12-31 and 2022-01-01 to 2022-12-31.
What was TotalEnergies SE formerly known as?
TotalEnergies SE was formerly known as TOTAL SE and TOTAL S.A.
From the Filing
0001104659-24-040994.txt : 20240329 0001104659-24-040994.hdr.sgml : 20240329 20240329110640 ACCESSION NUMBER: 0001104659-24-040994 CONFORMED SUBMISSION TYPE: 20-F PUBLIC DOCUMENT COUNT: 634 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240329 DATE AS OF CHANGE: 20240329 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TotalEnergies SE CENTRAL INDEX KEY: 0000879764 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 STATE OF INCORPORATION: I0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 20-F SEC ACT: 1934 Act SEC FILE NUMBER: 001-10888 FILM NUMBER: 24802616 BUSINESS ADDRESS: STREET 1: 2 PLACE JEAN MILLIER STREET 2: LA DEFENSE 6 CITY: COURBEVOIE STATE: I0 ZIP: 92400 BUSINESS PHONE: 33 (0)1 41 35 04 48 MAIL ADDRESS: STREET 1: 2 PLACE JEAN MILLIER STREET 2: ARCHE NORD COUPOLE/REGNAULT CITY: PARIS LA DEFENSE CEDEX STATE: I0 ZIP: 92078 FORMER COMPANY: FORMER CONFORMED NAME: TOTAL SE DATE OF NAME CHANGE: 20200717 FORMER COMPANY: FORMER CONFORMED NAME: TOTAL S.A. DATE OF NAME CHANGE: 20121204 FORMER COMPANY: FORMER CONFORMED NAME: TOTAL SA DATE OF NAME CHANGE: 20030508 20-F 1 tot-20231231x20f.htm FORM 20-F 0000879764 --12-31 2023 FY false true Joint Auditors 999999 0.01 0.15 P3Y P3Y P5Y P10Y P10Y P10Y 0.6667 P20D 0 P1Y P1D P1D 0.15 0000879764 tot:CommodityContractsAndRelatedFinancialInstrumentsMember tot:TradingAndShippingDivisionMember tot:CommodityPriceRiskCrudeOilPetroleumProductsAndFreightRatesActivitiesMember 2023-01-01 2023-12-31 0000879764 tot:CommodityContractsAndRelatedFinancialInstrumentsMember tot:GasAndPowerSegmentsMember tot:CommodityPriceRiskGasAndPowerActivitiesMember 2023-01-01 2023-12-31 0000879764 tot:CommodityContractsAndRelatedFinancialInstrumentsMember tot:TradingAndShippingDivisionMember tot:CommodityPriceRiskCrudeOilPetroleumProductsAndFreightRatesActivitiesMember 2022-01-01 2022-12-31 0000879764 tot:CommodityContractsAndRelatedFinancialInstrumentsMember tot:GasAndPowerSegmentsMember tot:CommodityPriceRiskGasAndPowerActivitiesMember 2022-01-01 2022-12-31 0000879764 tot:CommodityContractsAndRelatedFinancialInstrumentsMember tot:TradingAndShippingDivisionMember tot:CommodityPriceRiskCrudeOilPetroleumProductsAndFreightRatesActivitiesMember 2021-01-01 2021-12-31 0000879764 tot:CommodityContractsAndRelatedFinancialInstrumentsMember tot:GasAndPowerSegmentsMember tot:CommodityPriceRiskGasAndPowerActivitiesMember 2021-01-01 2021-12-31 0000879764 country:AU 2023-12-31 0000879764 2030-12-31 0000879764 2016-01-01 2030-12-31 0000879764 tot:TotalSharePurchaseOptionPlansOrShareGrantPlansNewMember srt:ParentCompanyMember 2023-12-31 0000879764 tot:TotalShareGrantPlansForGroupEmployeesCurrentMember srt:ParentCompanyMember 2023-12-31 0000879764 tot:TotalSharePurchaseOptionPlansOrShareGrantPlansNewMember srt:ParentCompanyMember 2022-12-31 0000879764 tot:TotalShareGrantPlansForGroupEmployeesCurrentMember srt:ParentCompanyMember 2022-12-31 0000879764 tot:TotalSharePurchaseOptionPlansOrShareGrantPlansNewMember srt:ParentCompanyMember 2021-12-31 0000879764 tot:TotalShareGrantPlansForGroupEmployeesCurrentMember srt:ParentCompanyMember 2021-12-31 0000879764 tot:ExplorationAndProductionSegmentMember tot:NovatekMember 2022-01-01 2022-12-31 0000879764 tot:OmvMember tot:SatahAlRazbootSarbUmmLuluBinNasherAndAlBateelSarbAndUmmLuluOffshoreConcessionMember 2023-03-15 2023-03-15 0000879764 tot:AbuDhabiNationalOilCompanyMember tot:SatahAlRazbootSarbUmmLuluBinNasherAndAlBateelSarbAndUmmLuluOffshoreConcessionMember 2023-03-15 2023-03-15 0000879764 tot:TotalErenMember 2023-06-29 2023-06-29 0000879764 tot:TotalErenHoldingMember 2023-06-29 2023-06-29 0000879764 tot:YunlinUkcoLimitedMember tot:IntegratedPowerSegmentMember 2023-01-01 2023-12-31 0000879764 tot:YunlinHoldingGmbhMember tot:IntegratedPowerSegmentMember 2023-01-01 2023-12-31 0000879764 tot:YemenLNGCompanyLimitedMember tot:IntegratedLngSegmentMember 2023-01-01 2023-12-31 0000879764 tot:YangtzeGo