The company plans to invest between $14B and $17B per year from 2027 through 2032. This spending range follows the newly adjusted capex guidance as part of the oil and gas company's current financial strategy.
Tuesday, October 20, 2026
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Earnings23 days ago
The French energy major will expand its share buyback program and lower annual net capital expenditure guidance to $14B to $17B, down from $15B to $17B. TotalEnergies is shifting its capital allocation to increase shareholder returns, which includes a pledge to raise dividends by 5% every year until 2030.

The company plans to invest between $14B and $17B per year from 2027 through 2032. This spending range follows the newly adjusted capex guidance as part of the oil and gas company's current financial strategy.
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