TotalEnergies stock rises on Venezuela and Suriname deals
Published on 09/20/2026 at 15:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
TotalEnergies stock (FR0000120271) closed at EUR 79.32 on September 18, 2026, down 0.39 percent, while CompaniesMarketCap put its market value at USD 200.62 billion in September 2026. Reuters said on September 19, 2026, that Venezuela signed a memorandum of understanding with TotalEnergies, and separately reported that the company's Suriname offshore project is still targeting first output in mid-2028.
Venezuela deal on the tape
According to Reuters on September 19, 2026, Venezuela Interim President Delcy Rodriguez signed a memorandum of understanding with TotalEnergies. The report said no details about the deal were immediately available.
That keeps the stock tied to a fresh headline, but the market move remains modest: the Paris listing finished the session at EUR 79.32, and the quoted 5-day change was minus 0.39 percent. The year-to-date move shown with that same market snapshot was plus 0.70 percent.
Suriname adds scale
Reuters also reported on September 19, 2026, that TotalEnergies and its partners in the USD 12 billion GranMorgu offshore project in Suriname are on track to start output in mid-2028. The same report said TotalEnergies chairman Patrick Pouyanne said about 50 percent of the planned investment has already been spent.
For investors, that combination matters because the project is still years away, yet the reported spending level is already at roughly half of the budget. Reuters also said the block covers 1.4 million acres and that TotalEnergies is slated to drill four new exploratory wells next year.
Price stays below target
MarketScreener showed TotalEnergies at EUR 79.32 on Euronext Paris on September 18, 2026, with a market capitalization of about EUR 202 billion in the same snapshot. In the same overview, the average analyst target was USD 96.72, above the last close of USD 90.96 in the USD quote shown there.
TotalEnergies key figures
- Company: TotalEnergies SE
- ISIN: FR0000120271
- Ticker: TTE
- Trading venue: Euronext Paris
- Price (as of September 18, 2026): EUR 79.32
- Market capitalization: EUR 202 billion (as of September 18, 2026)
- Sector / Industry: Integrated Oil & Gas
- Index membership: CAC 40
