TotalEnergies - statistics & facts
TotalEnergies is France’s largest company and among the world’s ten largest energy companies by revenue. As a publicly traded company, it is counted among the so-called Big Oil, or oil supermajors, alongside other industry giants such as fellow Europe-based Shell and BP. It is the largest investor in low-carbon energy sources among its competitors, spending around one third of its total capital expenditure on diversifying its business profile and reaching net zero targets. This was also the primary driver behind its rebranding in May 2021, moving away from the name Total it had held since the 1980s.
Over 100,000 people are employed by TotalEnergies all over the world, which has it regularly ranking as the largest publicly traded oil and gas employer.
Company financials
Over the past decade, 2020 was the only year TotalEnergies reported a net loss. Generally, its net income has ranged between 10 and 20 billion U.S. dollars, with a new peak reported in 2023. Its income is primarily tied to the sale of oil and gas products and as such prices as determined by market traders. This is an explanation for its poor financial performance in 2020 and the highs seen in 2022 and 2023. In the latter year, TotalEnergies’ refining & chemicals sector brought in the highest revenue.Over 100,000 people are employed by TotalEnergies all over the world, which has it regularly ranking as the largest publicly traded oil and gas employer.
