10 Best European Stocks To Own For 2016: TotalFinaElf S.A.(TOT)
TOTAL S.A., together with its subsidiaries, operates as an integrated oil and gas company worldwide. The company operates through three segments: Upstream, Downstream, and Chemicals. The Upstream segment engages in the exploration, development, and production of oil and natural gas. It also involves in the transportation, trade, and marketing of natural gas and liquefied natural gas (LNG), as well as in LNG re-gasification and natural gas storage operations. In addition, this segment engages in the shipping and trade of liquefied petroleum gas (LPG); power generation from gas-fired power plants, nuclear, or renewable energies; production, trade, and marketing of coal, as well as in solar power systems and technology operations. As of December 31, 2010, it had combined proved reserves of 10,695 Mboe of oil and gas. The Downstream segment involves in refining, marketing, trading, and shipping crude oil and petroleum products. It also produces a range of specialty products, s uch as lubricants, LPG, jet fuel, special fluids, bitumen, marine fuels, and petrochemical feedstock. This segment holds interests in 24 refineries located in Europe, the United States, the French West Indies, Africa, and China, as well as operates a network of 17,490 service stations. The Chemicals segment produces base chemicals, including petrochemicals and fertilizers, as well as engages in rubber processing, resins, adhesives, and electroplating activities. TOTAL S.A. was founded in 1924 and is based in Paris, France.
Advisors' Opinion:- [By Ben Levisohn]
Syme thinks BG (BRGYY), Total (TOT), ConocoPhillips (COP) and BP (BP) make better bets. He explains why:
What works in this environment? We see the best opportunities around companies with strong growth credentials (BG, Total, ConocoPhillips) and those that are quick to align! with the needs of shareholders at this point in the cycle (BG, BP, Total and ConocoPhillips) – all Buys.
- [By Ben Levisohn]
HSBC’s Gordon Gray and team think it’s time to start buying big oil companies like Total (TOT), Chevron (CVX) and BP (BP). In a report released yesterday, they explained why:
- [By Ben Levisohn]
While Gheit and Amadeo don’t name names, BP’s peers are few: ExxonMobil (XOM), Royal Dutch Shell (RDS.A), Total (TOT) and Chevron (CVX). Each has a market cap higher than BP’s $127 billion.
- [By Jonas Elmerraji]
We'll start things out with a name that may come as a surprise, Total SA (TOT). Yes, the energy sector has gotten shellacked in recent months, and Total has been no exception: this $133 billion French oil and gas company is down almost 20% in the last six months. But while Total is down, it's not out yet this stock looks ready for a reversal thanks to a classic technical price pattern.
Total is currently forming a "cup and handle pattern". The cup and handle is formed by a cup-shaped rounding bottom in shares that's followed up by a short-duration channel down. The buy signal comes on a move through the pattern's price ceiling at $60. A move through $60 tells us that buyers are squarely in control in IBM.
source from Top Stocks For 2015:http://www.topstocksblog.com/10-best-european-stocks-to-own-for-2016.html
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