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TotalEnergies SE

TotalEnergies SE

$TTE
EuronextEnergy

264 stories mentioning TotalEnergies SEUpdated 2d ago

Shares fell amid a broad energy-sector selloff Monday as oil prices dropped on US-Iran ceasefire progress.

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Sectors

Sector Update: Energy Stocks Fall Late Afternoon

Energy stocks declined late Monday afternoon, with the NYSE Energy Sector Index and the State Street Energy Select Sector SPDR ETF (XLE) each falling 1.6%.The Philadelphia Oil Service Sector Index was down 1.5%, and the Dow Jones US Utilities Index was easing 0.2%.Crude oil prices fell after US President Donald Trump said talks with Iran were set to begin Monday after he called off a planned military strike against the Gulf nation. Over the weekend, Trump said negotiations with Iran would begin Monday, without revealing the venue or participants, news outlets reported. In a social media post, Trump said he had called off a planned attack against Iran after being asked by Tehran and other Middle Eastern countries because the "perimeters of a deal has been agreed to."Front-month West Texas Intermediate crude oil fell 5.1% to $80.34 a barrel, and the global benchmark Brent crude contract dropped 4.5% to $83.98 a barrel. Henry Hub natural gas futures rose 1% to $2.77 per 1 million BTU.In corporate news, Shell (SHEL) said Monday it has agreed to sell its European onshore renewables portfolio to TotalEnergies (TTE). Shell was down 0.8%, and TotalEnergies eased 0.5%.Chevron (CVX) said it will expand its North American base oils distribution network through new agreements with HF Sinclair Lubricants & Specialties and Renkert Oil, starting May 1, 2027. Chevron shares were shedding 1.9%.President Donald Trump said Exxon Mobil (XOM) and Chevron are making "too much money" and that "they better cut the retail price," Bloomberg reported Monday, citing comments made by him at the White House. Exxon shares were down 0.5%.BP (BP) has completed the sale of its Gelsenkirchen refinery and related businesses in Germany to Klesch, the company said. BP shares were falling 2.3%.

$BP$CVX$SHEL$TTE$XOM
Sectors

Sector Update: Energy Stocks Fall Monday Afternoon

Energy stocks declined Monday afternoon, with the NYSE Energy Sector Index falling 1.2% and the State Street Energy Select Sector SPDR ETF (XLE) shedding 1.1%.The Philadelphia Oil Service Sector Index was down 1.1%, and the Dow Jones US Utilities Index was fractionally lower.Crude oil prices fell after US President Donald Trump said talks with Iran were set to begin Monday after he called off a planned military strike against the Gulf nation. Over the weekend, Trump said negotiations with Iran would begin Monday, without revealing the venue or participants, news outlets reported. In a social media post, Trump said he had called off a planned attack against Iran after being asked by Tehran and other Middle Eastern countries because the "perimeters of a deal has been agreed to."Front-month West Texas Intermediate crude oil fell 5.6% to $79.97 a barrel, and the global benchmark Brent crude contract dropped 4.6% to $83.85 a barrel. Henry Hub natural gas futures rose 0.5% to $2.76 per 1 million BTU.In corporate news, Shell (SHEL) said Monday it has agreed to sell its European onshore renewables portfolio to TotalEnergies (TTE). Shell was down 0.8%, and TotalEnergies eased 0.4%.Chevron (CVX) said it will expand its North American base oils distribution network through new agreements with HF Sinclair Lubricants & Specialties and Renkert Oil, starting May 1, 2027. Chevron shares were shedding 1.6%.BP (BP) has completed the sale of its Gelsenkirchen refinery and related businesses in Germany to Klesch, the company said. BP shares were falling 1.8%.

$BP$CVX$SHEL$TTE
Sectors

Sector Update: Energy

Energy stocks were lower Monday afternoon, with the NYSE Energy Sector Index falling 1.2% and the State Street Energy Select Sector SPDR ETF (XLE) shedding 1.1%.The Philadelphia Oil Service Sector Index was down 1.1%, and the Dow Jones US Utilities Index was fractionally lower.Crude oil prices fell after US President Donald Trump said talks with Iran were set to begin Monday after he called off a planned military strike against the Gulf nation. Over the weekend, Trump said negotiations with Iran would begin Monday, without revealing the venue or participants, news outlets reported. In a social media post, Trump said he had called off a planned attack against Iran after being asked by Tehran and other Middle Eastern countries because the "perimeters of a deal has been agreed to."Front-month West Texas Intermediate crude oil fell 5.6% to $79.97 a barrel, and the global benchmark Brent crude contract dropped 4.6% to $83.85 a barrel. Henry Hub natural gas futures rose 0.5% to $2.76 per 1 million BTU.In corporate news, Shell (SHEL) said Monday it has agreed to sell its European onshore renewables portfolio to Total Energies (TTE). Shell was down 0.8%, and Total Energies eased 0.4%.

$SHEL$TTE
Asia Markets

Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Amid US-Iran Truce Hopes

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.5%, and the actively traded Invesco QQQ Trust (QQQ) was 0.2% higher in Monday's premarket activity as traders hope for a US-Iran truce.US stock futures were higher, with S&P 500 Index futures up 0.5%, Dow Jones Industrial Average futures advancing 0.9%, and Nasdaq futures gaining 0.3% before the start of regular trading.July's manufacturing data from S&P Global will be released at 9:45 am ET.The ISM's manufacturing report and June's construction data will be released at 10 am ET.In premarket activity, bitcoin was down by 1.4%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.8% lower, Ether ETF (EETH) retreated 1.7%, and Bitcoin & Ether Market Cap Weight ETF (BETH) declined 0.1%.Power Play:ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.8%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was down 0.2%, and the iShares US Consumer Staples ETF (IYK) was 0.9% lower. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) increased 1.1%. The VanEck Retail ETF (RTH) and the State Street SPDR S&P Retail ETF (XRT) were inactive.Alibaba (BABA) shares were up more than 4% pre-bell after the company said in a social media post that it launched Qwen3.8-Max, its latest large language model, and plans to release the model's open weights next week alongside Qwen3.8-27B.Winners and Losers:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 1.1%, the Vanguard Health Care Index Fund (VHT) was up 0.8%, while the iShares US Healthcare ETF (IYH) increased 0.04%. The iShares Biotechnology ETF (IBB) was 0.4% higher.AstraZeneca (AZN) stock was down more than 4% premarket, while Bristol Myers Squibb (BMY) gained 4% after Financial Times reported Sunday that the companies are in talks about a potential combination that would create a pharmaceutical company valued at nearly $400 billion.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 0.5%, the iShares US Technology ETF (IYW) was flat, and the iShares Expanded Tech Sector ETF (IGM) was up 0.1%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) was 1.5% lower, while the iShares Semiconductor ETF (SOXX) fell by 2.4%.Parsons (PSN) shares were up more than 2% in premarket activity after the company said it will serve as the lead designer for the Interstate 526 Long Point Road Interchange Improvements project in South Carolina.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.8%. Direxion Daily Financial Bull 3X Shares (FAS) was up 2.3%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 2.3% lower.KKR (KKR) shares were up more than 1% in early hours activity after the company entered into a definitive agreement to acquire Integer (ITGR) through affiliated funds in an all-cash transaction at an enterprise value of $5.70 billion. Integer stock was 2.6% higher.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.6%, while the Vanguard Industrials Index Fund (VIS) was up 0.6% and the iShares US Industrials ETF (IYJ) was 0.4% higher.Boeing (BA) stock was up more than 1% before the opening bell after the company said it has delivered Somon Air's first 737 Max aircraft.EnergyThe iShares US Energy ETF (IYE) was inactive, while the State Street Energy Select Sector SPDR ETF (XLE) was down by 1.2%.Shell (SHEL) stock was down more than 1% before market open after the company agreed to sell its European onshore renewables portfolio to TotalEnergies (TTE). TotalEnergies' shares were 0.6% lower.CommoditiesFront-month US West Texas Intermediate crude oil fell by 6.8% to $78.92 per barrel on the New York Mercantile Exchange. Natural gas was up 0.8% at $2.77 per 1 million British Thermal Units. The United States Oil Fund (USO) decreased by 6.8%, while the United States Natural Gas Fund (UNG) was 0.5% higher.Gold futures for November advanced by 0.2% to $4,114.80 an ounce on the Comex. Silver futures gained by 0.7% to reach $58.18 an ounce. SPDR Gold Shares (GLD) was up by 0.1%, and the iShares Silver Trust (SLV) fell by 0.4%.

Dow JonesNasdaq CompositeS&P 500$AZN$BA$BABA$BETH$BITO$BMY$EEM$EETH$EXI$FAS$FAZ$GLD$IBB$IGM$IGV$IPK$ITGR$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$KKR$PMR$PSN$QQQ$RTH$SHEL$SLV$SOXX$SPY$TTE$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Commodities

TotalEnergies to Acquire 4GW Renewable Portfolio From Shell, Sell 50% Stake in 1.2 GW Assets to KKR

French energy major TotalEnergies (TTE) has reached an agreement to acquire British counterpart Shell's (SHEL) onshore renewables portfolio in Europe, the companies said in separate statements on Monday.The 4-gigawatt assets being acquired comprise of 500 megawatts of solar and wind assets in operation or under construction, primarily in Italy and the Netherlands, with the remaining 3.5 GW pipeline consisting of solar, wind and battery storage projects in Italy, the UK and Spain.TotalEnergies will be the sole owner of these assets following the completion of the deal, which is expected by the end of this year conditional upon approval by relevant authorities."This transaction complements TotalEnergies' power generation activities in these four key markets for the deployment of its integrated power strategy in Europe, in particular its European renewables asset portfolio, which amounts to nearly 10 GW of gross installed capacity or capacity under construction and 27 GW under development," TotalEnergies said in its statement.Financial details of the transaction were not disclosed.In a separate transaction, TotalEnergies has agreed to sell a 50% stake in a 1.2 GW portfolio of solar and wind portfolio in Europe to global investment firm KKR, valuing the portfolio at an enterprise value of 1.8 billion euros.TotalEnergies will retain the remaining 50% ownership of these assets spread across Germany, Spain, France and Poland. Their electricity has already been sold to third parties or will be marketed by TotalEnergies, the company said.TotalEnergies will continue to operate the assets after completion of the deal, expected in 2026 subject to customary conditions.The KKR deal follows the company's strategy of selling 50% stakes in developed renewable projects, the statement said.In its statement, Shell said the deal will allow the group to recycle capital and prioritize areas that are in line with its asset-backed trading strategy."Shell is prioritising areas where it has differentiated capabilities in power, including asset-backed trading, increasing access to flexible generation capacity and customer focused energy solutions while remaining disciplined on capital allocation and returns," the company said.

$SHEL$TTE
Equities

Shell to Sell European Renewable Assets to Total Energies

Shell (SHEL) has agreed to sell its European onshore renewables portfolio to Total Energies (TTE), the oil giant disclosed Monday.No price tag was disclosed on the transaction, which is expected to conclude in 2026, and which includes 500 megawatts of renewable generation capacity that is either operating or being built in the Netherlands, Spain and the UK.In addition, the Paris-based Total Energies said it will acquire from a Shell a 3.5 gigawatt pipeline of unbuilt solar, wind and battery storage projects in Italy, the UK and Spain.Separately, Total Energies also disclosed the sale of a 50% stake in a 1.2 gigawatt onshore solar and wind portfolio in Europe to an insurance arm of US-based investment house KKR (KKR).A sale price was not disclosed, but Total Energies said it retains a 50% stake the assets sold to KKR, and the whole portfolio has an enterprise value of 1.8 billion euros.

$KKR$SHEL$TTE
Asia Markets

Update: US Equity Futures Lower Pre-Bell as Middle East Hostilities Resume, Oil Prices Rise

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock movements.)US equity futures were edging lower pre-bell Wednesday as hostilities between the US and Iran resumed after a two-day pause and oil prices jumped.Dow Jones Industrial Average futures were 0.7% lower, S&P 500 futures were down 0.1, and Nasdaq futures were 0.2% lower.US Central Command said in a post on X that Iran's Islamic Revolutionary Guard Corps launched missiles in an "attempted surprise attack" on US forces, which an Axios correspondent said was directed at a US base in Jordan. In a subsequent post, the command said that US and Saudi Arabian forces hit "Iran-aligned terrorists" in Iraq in response to more than 30 Iran-directed drone attacks in the last 72 hours.Microsoft (MSFT) and Meta Platforms (META) are expected to report their fiscal Q4 and Q2 earnings, respectively, after the market closes. For Microsoft, analysts polled by FactSet expect earnings of $4.24 per share on revenue of $87.62 billion. For Meta, analysts expect earnings of $7.19 per share on revenue of $60.22 billion.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 6.4% at $89.49 per barrel and US West Texas Intermediate crude 6.2% higher at $84.15 per barrel.The Federal Open Market Committee is expected to maintain the range for its federal funds rate at the current 3.50% to 3.75% for the fifth straight meeting, with the CME's FedWatch Tool seeing a 68.5% chance of no change to the current target range and a 31.5% chance of a 25-basis point increase to 3.75% to 4.00%.The FOMC's statement following the meeting is due to be released at 2:00 pm ET, with Federal Reserve Chairman Kevin Warsh's press conference scheduled to begin at 2:30 pm ET.In other world markets, Japan's Nikkei closed 1.5% lower, Hong Kong's Hang Seng ended 2% higher, and China's Shanghai Composite finished 0.4% higher. Meanwhile, the UK's FTSE 100 was up 0.3%, and Germany's DAX index was 0.2% higher in Europe's early afternoon session.In equities, energy-related stocks were on the upswing as oil prices increased. Exxon Mobil (XOM) shares rose 2.1%, Chevron (CVX) stock was 2% higher, and TotalEnergies (TTE) shares were up 2.2%. Seagate Technology (STX) stock was up 5.7% after the company reported fiscal Q4 adjusted earnings and revenue that surpassed analysts' estimates, as well as issuing a better-than-expected fiscal Q1 outlook.On the losing side, Visa (V) shares were down 2.2% despite posting a fiscal Q3 adjusted earnings and revenue beat. Procter & Gamble (PG) stock was down 3.1% after the company reported fiscal Q4 net sales that fell short of analysts' consensus. KLA (KLAC) shares fell 8.9% despite posting fiscal Q4 non-GAAP earnings and revenue that beat analysts' estimates.

Dow JonesNasdaq CompositeS&P 500$CVX$KLAC$META$MSFT$PG$STX$TTE$V$XOM
Sectors

Sector Update: Energy Stocks Decline Late Afternoon

Energy stocks were lower late Tuesday afternoon, with the NYSE Energy Sector Index down 0.7% and the State Street Energy Select Sector SPDR ETF (XLE) dropping 1%.The Philadelphia Oil Service Sector Index shed 2.8%, and the Dow Jones US Utilities Index was fractionally higher.President Donald Trump said talks with Iran were continuing and again threatened to destroy Iranian bridges and power plants if no deal is made, CNN reported. Iran's foreign ministry spokesman, Esmaeil Baghaei, said Tehran was not negotiating with the US but added that "intermediaries may convey messages from the American side to us regarding ongoing developments in the region," Al Jazeera reported.Front-month West Texas Intermediate crude oil fell 4.4% to $79.02 a barrel, and the global benchmark Brent crude contract dropped 5.1% to $83.89 a barrel. Henry Hub natural gas futures declined 4.2% to $2.65 per 1 million BTU.In corporate news, ExxonMobil (XOM) offers limited upside following its recent share-price gains, while Chevron (CVX) presents a stronger medium-term setup, BofA Securities said in a Tuesday note. BofA lowered its rating on ExxonMobil to neutral from buy while raising its price target to $158 from $154. BofA kept its buy rating on Chevron and increased its price target to $227 from $210. ExxonMobil shares shed 0.7%, and Chevron was down 0.8%.HF Sinclair (DINO) reported higher Q2 adjusted earnings and revenue, and raised its quarterly dividend. Separately, HF Sinclair said it plans to separate its Lubricants and Specialties segment into an independent publicly traded company. HF Sinclair shares were down 1.1%.CenterPoint Energy (CNP) shares rose 0.7% after its Q2 non-GAAP earnings and revenue rose year on year and beat analysts' estimates.TotalEnergies (TTE) said Tuesday that it and partner Eni (E) reached a final investment decision to develop the Cronos gas field offshore Cyprus, marking the country's first gas development project. TotalEnergies shares added 0.1%, and Eni were easing 0.4%.

$CNP$CVX$DINO$E$TTE$XOM
Sectors

Sector Update: Energy Stocks Edge Higher Pre-Bell Tuesday

Energy stocks were edging higher pre-bell Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) up 0.1%.The United States Oil Fund (USO) was down 0.8% and the United States Natural Gas Fund (UNG) was 1.3% lower.Front-month US West Texas Intermediate crude oil was 1.6% lower at $81.30 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 1.9% to $86.68 per barrel, and natural gas futures were down 1.5% at $2.73 per 1 million British Thermal Units.HF Sinclair (DINO) stock was up more than 1% after the company reported higher Q2 adjusted earnings and revenue, and raised its quarterly dividend. Separately, HF Sinclair said it plans to separate its Lubricants and Specialties segment into an independent publicly traded company.Expro (XPRO) shares were up more than 3% after the company increased its 2026 revenue outlook.TotalEnergies (TTE) and Eni (E) reached a final investment decision to develop the Cronos gas field offshore Cyprus, marking the country's first gas development project. TotalEnergies stock was 0.5% higher premarket.

$DINO$E$TTE$UNG$USO$XLE$XPRO
Oil & Energy

TotalEnergies, Eni Take Final Investment Decision on Cronos Gas Field

TotalEnergies SE (TTE) and Eni (E) have reached a final investment decision to develop the Cronos gas field in offshore Block 6 in Cyprus, the country's first-ever commercial gas development, Total said on Tuesday.Production is scheduled to start up in 2028, with a targeted plateau production rate of 500 million cubic feet per day equivalent to roughly 2.8 million tons of LNG per year, it said.Located about 185 kilometers southwest of the Cypriot coast, the deep-water project will utilize four subsea wells to transport gas via a subsea pipeline to Egypt, where it will be liquefied at the Damietta LNG terminal utilizing Zohr field infrastructure synergies before export to Europe, it said.TotalEnergies will market 50% of the output, amounting to 1.4 Mtpa, as part of its strategy to expand its global LNG portfolio to 60 Mtpa by 2030.Following a Host Government Agreement signed in February 2025, commercial frameworks have been secured to establish this new Eastern Mediterranean energy corridor, which aims to enhance European energy security and unlock future resource developments across Block 6, the statement said.

$E$TTE
Equities

TotalEnergies, Eni Approve Cyprus Gas Project to Supply LNG to Europe

TotalEnergies (TTE) said Tuesday that it and partner Eni (E) reached a final investment decision to develop the Cronos gas field offshore Cyprus, marking the country's first gas development project.The companies, each holding a 50% stake in Block 6, expect production to begin in 2028, with gas transported to Egypt for liquefaction and export to Europe. Output is expected to reach about 500 million cubic feet of gas per day, equivalent to 2.8 million metric tons of LNG annually.TotalEnergies said it will market 50% of the LNG production, or about 1.4 million metric tons per year.

$E$TTE
Sectors

Sector Update: Energy Stocks Fall Late Afternoon

Energy stocks were lower late Monday afternoon, with the NYSE Energy Sector Index falling 2.2% and the State Street Energy Select Sector SPDR ETF (XLE) down 1.7%.The Philadelphia Oil Service Sector Index was shedding 1.7%, and the Dow Jones US Utilities Index fell 1.2%.Oil prices fell after President Donald Trump said the US and Iran were in "very deep talks," fueling optimism about the prospects of de-escalation between the two nations, though Trump also said military action could resume if diplomacy fails, according to Axios.Front-month West Texas Intermediate crude oil fell 8% to $82.14 a barrel, and the global benchmark Brent crude contract dropped 9.1% to $88.00 a barrel. Henry Hub natural gas futures shed 4.1% to $2.75 per 1 million BTU.In corporate news, Expand Energy (EXE) has agreed to buy private asset-backed natural gas and power marketer Twin Eagle from Five Point Infrastructure for about $1.25 billion, becoming North America's leading gas marketer. Expand Energy shares were down 1.1%.Ameren (AEE) unit Ameren Missouri said Monday it plans to build the West Alton Energy Center, a 2,100-megawatt combined-cycle natural gas power plant designed to provide baseload electricity, support economic growth and strengthen grid reliability. Ameren shares were shedding 1.4%.TotalEnergies (TTE) has decided to appeal a June 25 ruling by the Paris Judicial Court in a climate-related duty-of-vigilance case, the company said. TotalEnergies shares were down 2.8%.Baker Hughes (BKR) shares jumped past 5% after it posted Q2 adjusted earnings and revenue that topped analysts' expectations.Chevron (CVX) Chief Executive Mike Wirth met with senior US government officials to discuss measures to keep the company's Kazakhstan operations safe from becoming collateral damage in the Ukraine-Russia war, The Wall Street Journal reported Friday. Chevron shares were down 2%.

$AEE$BKR$CVX$EXE$TTE
Sectors

Sector Update: Energy Stocks Decline Monday Afternoon

Energy stocks were lower Monday afternoon, with the NYSE Energy Sector Index falling 2.1% and the State Street Energy Select Sector SPDR ETF (XLE) down 1.4%.The Philadelphia Oil Service Sector Index was shedding 1.3%, and the Dow Jones US Utilities Index fell 1.3%.Oil prices fell after President Donald Trump said the US and Iran were in "very deep talks," fueling optimism about the prospects of de-escalation between the two nations, though Trump also said military action could resume if diplomacy fails, according to Axios. Oman is conducting talks with Iran, but Qatar, Pakistan and Egypt are also actively involved in the process, Axios reported.Front-month West Texas Intermediate crude oil fell 7.5% to $82.61 a barrel, and the global benchmark Brent crude contract dropped 8.2% to $88.87 a barrel. Henry Hub natural gas futures shed 3.9% to $2.76 per 1 million BTU.In corporate news, Expand Energy (EXE) has agreed to buy private asset-backed natural gas and power marketer Twin Eagle from Five Point Infrastructure for about $1.25 billion, becoming North America's leading gas marketer. Expand Energy shares were up 0.6%.TotalEnergies (TTE) has decided to appeal a June 25 ruling by the Paris Judicial Court in a climate-related duty-of-vigilance case, the company said. TotalEnergies shares were down 2.7%.Baker Hughes (BKR) shares jumped past 6% after it posted Q2 adjusted earnings and revenue that topped analysts' expectations.

$BKR$EXE$TTE
Sectors

Sector Update: Energy Stocks Decline Pre-Bell Monday

Energy stocks were declining pre-bell Monday, with the State Street Energy Select Sector SPDR ETF (XLE) falling 2.5%.The United States Oil Fund (USO) was down 6% and the United States Natural Gas Fund (UNG) was 3.3% lower.Front-month US West Texas Intermediate crude oil was 5.7% lower at $84.25 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 6.1% to $90.90 per barrel, and natural gas futures were down 3% at $2.79 per 1 million British Thermal Units.TotalEnergies (TTE) has decided to appeal a June 25 ruling by the Paris Judicial Court in a climate-related duty-of-vigilance case, the company said. Shares of TotalEnergies were down more than 3% premarket.Baker Hughes (BKR) shares were up more than 3% after the company posted Q2 adjusted earnings and revenue that topped analysts' expectations.Expand Energy (EXE) stock was down more than 1% after the company said it has agreed to acquire Twin Eagle, a private asset-backed natural gas marketing and optimization business, for $1.25 billion in cash from Five Point Infrastructure.

$BKR$EXE$TTE$UNG$USO$XLE
Sectors

Sector Update: Energy

Energy stocks were declining pre-bell Monday, with the State Street Energy Select Sector SPDR ETF (XLE) falling 2.6%.The United States Oil Fund (USO) was down 6.3% and the United States Natural Gas Fund (UNG) was 3.1% lower.Front-month US West Texas Intermediate crude oil was 5.9% lower at $84.04 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 6.4% to $90.55 per barrel, and natural gas futures were down 3.4% at $2.77 per 1 million British Thermal Units.TotalEnergies (TTE) has decided to appeal a June 25 ruling by the Paris Judicial Court in a climate-related duty-of-vigilance case, the company said. Shares of TotalEnergies were down more than 3% premarket.

$TTE
Commodities

Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday as Oil Prices Fall

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.9%, and the actively traded Invesco QQQ Trust (QQQ) advanced 1.4% in Monday's premarket activity, as oil prices fell amid hopes of a US-Iran truce.US stock futures were also higher, with S&P 500 Index futures up 0.9%, Dow Jones Industrial Average futures advancing 1.2%, and Nasdaq futures gaining 1.4% before the start of regular trading.New orders for US durable goods rose by 0.3% in June following a decline of 4.0% in May, compared with the expectations for a larger increase of 1.8% in a survey compiled by Bloomberg.The Dallas Federal Reserve's manufacturing index for July will be released at 10:30 am ET.In premarket action, bitcoin was up by 0.6%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.5% higher, Ether ETF (EETH) rose 5.4%, and Bitcoin & Ether Market Cap Weight ETF (BETH) retreated marginally by 0.01%.Power Play:EnergyThe iShares US Energy ETF (IYE) declined by 2.1%, while the State Street Energy Select Sector SPDR ETF (XLE) fell 2.6%.TotalEnergies (TTE) stock was down more than 3% before market open after the company said it has decided to appeal a June 25 ruling by the Paris Judicial Court in a climate-related duty-of-vigilance case.Winners and Losers:IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.9%, the Vanguard Industrials Index Fund (VIS) gained 0.8%, and the iShares US Industrials ETF (IYJ) was 0.3% higher.United Airlines (UAL) stock was up more than 3%, while Delta Air Lines (DAL) shares rose 2.7% before the opening bell, a day after The Wall Street Journal reported that United pitched a merger deal to Delta last year, but the talks fizzled out without a deal after Delta declined to pursue the proposal.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.8%. Direxion Daily Financial Bull 3X Shares (FAS) was up 1.8%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 2.2% lower.Northern Trust (NTRS) shares traded up 2% in early hours activity after the company said it has been selected to provide fund administration and related services to alternative asset manager Dawson Partners.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) advanced 1.6%, the iShares US Technology ETF (IYW) was 1.6% higher, and the iShares Expanded Tech Sector ETF (IGM) was up 0.2%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) gained 2.6%, while the iShares Semiconductor ETF (SOXX) rose by 2.2%.Broadcom (AVGO) shares were up more than 2% in premarket activity after the company and Samsung Electronics said they signed a memorandum of understanding to expand their strategic collaboration across memory and foundry technologies to support next-generation artificial intelligence infrastructure.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.6%, the Vanguard Health Care Index Fund (VHT) was up 1.6%, while the iShares US Healthcare ETF (IYH) slipped 0.01%. The iShares Biotechnology ETF (IBB) was 0.5% higher.AstraZeneca (AZN) stock was up 1% premarket after the company reported higher Q2 core earnings and revenue.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.1%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) advanced 0.1%, and the iShares US Consumer Staples ETF (IYK) was inactive. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rose 1.1%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 1.2% higher.Toyota Motor (TM) shares were up more than 1% pre-bell after the company said it signed a binding agreement with Volvo Group and Daimler Truck to acquire a one-third stake in fuel-cell joint venture cellcentric.CommoditiesFront-month US West Texas Intermediate crude oil declined by 5.7% to $84.24 per barrel on the New York Mercantile Exchange. Natural gas was down by 3.1% to $2.80 per 1 million British Thermal Units. The United States Oil Fund (USO) was down 6.2%, while the United States Natural Gas Fund (UNG) was 3.7% lower.Gold futures for November gained 0.7% to $4,156.50 an ounce on the Comex. Silver futures were up 0.8% to $59.35 an ounce. SPDR Gold Shares (GLD) increased 0.7%, and the iShares Silver Trust (SLV) was 1.3% higher.

Dow JonesNasdaq CompositeS&P 500$AVGO$AZN$BETH$BITO$DAL$EEM$EETH$EXI$FAS$FAZ$GLD$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$NTRS$PMR$QQQ$RTH$SLV$SOXX$SPY$TM$TTE$UAL$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Equities

TotalEnergies Decides to Appeal French Court Ruling in Climate Vigilance Case

TotalEnergies (TTE) has decided to appeal a June 25 ruling by the Paris Judicial Court in a climate-related duty-of-vigilance case, the company said Monday.The French energy firm said it believes climate change, as a global phenomenon, falls outside the scope of France's duty of vigilance law, which requires large companies to carry out a vigilance plan to prevent severe human rights and environmental risks linked to their own operations, subsidiaries, suppliers and subcontractors.TotalEnergies said the law does not extend to the actions of customers over whom it has no control.The company said it will present those arguments before the Paris Court of Appeal.

$TTE
Commodities

Market Chatter: Kazakhstan Kashagan Oil Field Operator Assets Frozen Over $5 Billion Fine

Kazakhstan has frozen the assets of the joint-venture operator of the Kashagan oilfield over a $5 billion environmental fine which the company has disputed, Reuters reported on Monday.The July 21 freeze of the company's property and vehicles of North Caspian Operating was published on the database of the Ministry of Justice, the article said. NCOC is a joint venture between Shell (SHEL), TotalEnergies (TTE), ExxonMobil (XOM) and China's CNPC.The Central Asian country may enforce a 2.3 trillion Kazakhstani tenge ($4.84 billion) fine imposed on NCOC related to breaches of sulphur storage limits while it has said the head of the company could face criminal prosecution.NCOC and associated contractors have rejected the fine and the accusations and the case has now been brought before international arbitrators, the article said.None of the companies responded immediately to Reuters' request for comment.has reached out to the companies seeking comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$SHEL$TTE$XOM
Sectors

Sector Update: Energy Stocks Gain Late Afternoon

Energy stocks rose late Thursday afternoon with the NYSE Energy Sector Index gaining 1.1% and the State Street Energy Select Sector SPDR ETF (XLE) adding 0.7%.The Philadelphia Oil Service Sector Index shed 0.1%, and the Dow Jones US Utilities Index increased 0.5%.Brent crude futures topped $100 a barrel for the first time since May after the US-Iran conflict widened, with Yemen's Iran-aligned Houthis claiming attacks on two Saudi Arabian oil tankers in the Red Sea, news outlets reported.West Texas Intermediate crude oil jumped 5.8% to $91.90 a barrel, and global benchmark Brent surged 6.7% to $100.37. Henry Hub natural gas futures decreased 0.6% to $2.91 per 1 million BTU.In sector news, US natural gas stocks rose by 32 billion cubic feet in the week ended July 17, a smaller increase than the 34-billion cubic foot increase expected in a survey compiled by Bloomberg and following an increase of 41 billion cubic feet in the previous week.In corporate news, TotalEnergies (TTE) shares rose 1.6% after it reported stronger-than-expected Q2 adjusted earnings and revenue.Ares Management (ARES) received clearance from the European Commission to acquire joint control of Eni Plenitude alongside parent Eni (E), the EU's competition watchdog said Thursday. Eni shares added 1.8%.Matador Resources (MTDR) agreed to buy Paloma Permian, a portfolio company of EnCap Investments, for $1.28 billion. Matador shares fell 5.6%.Equinor (EQNR) is set to benefit from a boom in commodity prices as oil and gas market disruptions provide the sector with material tailwinds, RBC Capital Markets analysts said in a Thursday note. RBC upgraded the stock's rating to sector perform from underperform. Equinor shares climbed 3%.

$E$EQNR$MTDR$TTE
Sectors

Sector Update: Energy

Energy stocks rose late Thursday afternoon with the NYSE Energy Sector Index gaining 1.1% and the State Street Energy Select Sector SPDR ETF (XLE) adding 0.7%.The Philadelphia Oil Service Sector Index shed 0.1%, and the Dow Jones US Utilities Index increased 0.5%.Brent crude futures topped $100 a barrel for the first time since May after the US-Iran conflict widened, with Yemen's Iran-aligned Houthis claiming attacks on two Saudi Arabian oil tankers in the Red Sea, news outlets reported.West Texas Intermediate crude oil jumped 5.8% to $91.90 a barrel, and global benchmark Brent surged 6.7% to $100.37. Henry Hub natural gas futures decreased 0.6% to $2.91 per 1 million BTU.In corporate news, TotalEnergies (TTE) shares rose 1.7% after it reported stronger-than-expected Q2 adjusted earnings and revenue.

$TTE

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