Total Plc

Posted on October 27, 2016 by ARM Research

TOTAL NIGERIA PLC 9M 16 – This Company Is Up 95% And It’s Still a Buy. Here is why

Yesterday, Total released its 9M 2016 result, wherein revenues expanded 38.2% YoY to N220.2 billiondriven by a 37% and 48% YoY growth in petroleum and Lubricants sales. Gross margin was up by 2.8pps on a year ago basis to 14.5%, which, in addition to a trivial rise (1% YoY) in opex and an almost five-fold Read More

Posted on October 26, 2016 by Nairametrics

ALERT: Total Nigeria Plc Release 2016 Third Quarter Earnings

Total Nigeria Plc released its 2016 result for the nine months ended 30 September 2016 ; See below   Total Nigeria Plc Q3 Results Total Nigeria Plc 2016 Q3 2015 Q3 %age Change N’000 N’000 Revenue   220,216,736   159,299,273 38% Pre-tax profits 17,004,235       4,946,748 244% Profit after tax 11,632,334       2,770,177 320% EPS Read More

Posted on October 24, 2016 by Nairametrics

Total Plc Steps Up Efforts To Sell Downstream Assets With “12 Firms” Submitting Bids

Total Nigeria Plc is reported has planning to sell its downstream businesses. This is according to reports from the New Telegraph According to the report, about 12 foreign and indigenous firms are in “hot race” for Total’s downstream assets. Just last week, Mobil Nigeria Plc announced that it was selling its downstream business to NIPCO Read More

Posted on July 30, 2016 by Nairametrics

#MonsterProfits: Here Is What We Think Total Plc Is Now Worth

Total Nigeria Plc released its 2016 half-year results showing pre-tax profits soared 199% to N12.9billion compared to the same period in 2015. Revenues also rose 30% year on year to N145billion. This result by most counts is blistering and uniquely puts the Company as the dominant player in the downstream sector of the oil and Read More

Posted on December 18, 2015 by Chris Pemu

Total And Sany Group Partner On Quality Lubricant Supply

Sequel to the global cooperation agreement signed by Total Lubricants and Sany Group Company Limited in China, the two companies have become partners for the sales of Total lubricants across Sany Group’s overseas networks. This cooperation is further reinforced in Nigeria with the local partnership between Total Nigeria Plc and Sany Nigeria Company Limited. A statement by Read More

Posted on November 26, 2015 by Editor

Total (Nigeria) Plans 10 Solar-Powered Filling Stations By December

Total Nigeria Plc, has expressed its commitment to further improve service delivery to customers and has unveiled plans to launch an additional eight solar-powered filling stations to make a total of 10 efficient stations across the country. The oil marketing firm already has one solar-powered station in Ikeja Lagos and another in Abuja, but its Read More

Posted on November 4, 2015 by Editor

Total Launches Finance Support Programme For Young Entrepreneurs

Total Nigeria Plc and Total Upstream Companies in Nigeria have launched an initiative focused on promoting local content and the entrepreneurial drive of young business people in the country by providing financing support, among others. The companies described the new initiative, ‘Startupper of the year by Total’, as a local contest initiated simultaneously by the Read More

Posted on October 29, 2015 by Editor

[Corporate Action] Total Nigeria Posts 19% Drop In PAT to N2 billion In Q3’2015

Total Nigeria released its financial results for the nine months ended 30 September 2015. The result showed a decline in revenue by 10.41% from N177 billion in Q3’2014 to N159 billion in Q32015. Pre-tax Profit also declined by 4.64% from N4.2 billion in Q3’2014 to N4 billion in Q3’2015. See Summary of result below.. TOTAL NIGERIA Read More

Posted on October 13, 2015 by Editor

This Firm Just Clicked Two Offshore Nigerian Contracts

Two Offshore Support Vessels (OSVs) owned by Stanford Marine, the Stanford Buzzard and Stanford Eagle, are beginning new contracts in Nigeria. Flagged in St. Vincent Grenadines, Stanford Eagle is an entirely modern vessel, built in China in 2014. The vessel will be on charter to Total, off Nigeria, for 30 months. Meanwhile, Stanford Buzzard, delivered Read More

Posted on September 28, 2015 by Editor

Total Nigeria Appoints New Executive Director

 The management of Total Nigeria Plc has appointed Mr. Jeff Emeka Nnamani, Executive Director in charge of Strategy. He is a graduate of Political Science and Administration with a Masters degree in Public Administration (MPA) from the University of Maiduguri, Borno State, Nigeria. He started his career as a Sales Representative with the then Elf Marketing Read More

Posted on September 24, 2015 by Editor

Total E&P Nigeria Has A New MD

The board of directors of Total E&P Nigeria has appointed Nicolas Terraz as the managing director/chief executive of Total E&P Nigeria Limited (TEPNG), with effect from September 17, 2015. Terraz succeeds Elisabeth Proust, who has been assigned to other duties within the Group. Nicolas Terraz, born in 1969, is a graduate of French engineering schools, Read More

Posted on July 28, 2015 by Nairametrics

[RESULTS] Total Nigeria Second Quarter Profits Gets a Major Lift

Total Nigeria Plc released its 2015 Q2 results reporting a profit before tax of N3 billion only. Highlights In line with economic realities revenues dropped QoQ  13.5% to N51.9 billion (2015 Q1: N60 billion) Operating expenses surprisingly dropped 3.1% to N5.5 billion suggesting the company was able to hold up expenses in the second quarter considering Read More

Posted on May 11, 2015 by Nairametrics

Buy sell or hold: Total Plc after release of 2015 Q1 Results

Total 2015 Q1 Results Surge in PMS volumes offset lower prices… Total Nigeria Plc  “Total”released Q1 15 results wherein revenues were marginally lower (-0.9% YoY) at N60 billion but 8% ahead of our estimate, as 11% YoY increase in sales from its network segment was offset by declines in other segments (general trade: -21% YoY and aviation: -25% YoY). The upswing Read More

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