France-based Total S.A. (FP) is one of the biggest oil companies in the world. Its activities include the exploration, refining, transport and sale of oil and petrochemicals. The group also has interests in coal mining, nuclear energy and alternative energy sources such as solar energy and biomass. Its headquarters are located in Courbevoie, France.
The company was founded in 1924, assuming the name Total S.A. in 1991 when it went public following its listing on the NYSE. The company operates in more than 130 countries and owns a number of registered trademarks, including Total, Elf, Fina, Elan and AS 24.
Fitch Ratings gave Total S.A an "AA-" long-term issuer rating (2015) with stable outlook.
S&P Global Ratings gave Total S.A an "A+" long-term issuer rating (2016) with a positive outlook.
Meanwhile, Moody's gave the company an "Aa3" long-term issuer rating (2018) with positive outlook.
Shares in Total S.A.
The company's share price rose 21% in 2018, but by the end of the year its growth rate had declined to 0.29%. Its peak for this period was 56.37 euros per share, while at their lowest the company's shares were trading for 43.87 euros. In 2017, the company declined by -5.49%, after rising by 18.07% in 2016. Despite exhibiting moderate volatility, the company's share price is more or less directly determined by energy prices.
Earnings of the company
In 2018, the company's income increased by more than 23% to reach 184.11 billion euros, while its net profit rose 33% to 11.45 billion euros.