Company Intelligence Terminal · Oil & Gas · Downstream Marketing
TOTAL · TotalEnergies Marketing Nigeria
TotalEnergies Marketing Nigeria
TOTALNGXEquity · Ordinary SharesOil & GasDownstream Marketing
Current price
685.00NGN
Open
685.63
Previous close
687.34
Today's range
681.36 – 693.33
52-week high
758.88
52-week low
627.82
Deals
538
Volume
6.4M
Value traded
₦4.4B
Market cap
₦232.00B
YTD performance
-0.34%
Company profile
TotalEnergies Marketing Nigeria is a leading oil & gas operator in Nigeria, with operations spanning multiple states and a track record across investment cycles.
- CEO
- Olufemi Babajide
- HQ
- Lagos
- Founded
- 1956
- Employees
- 600
- Sector
- Oil & Gas
- Sub-sector
- Downstream Marketing
- Ticker
- TOTAL
- Website
- total.ng
- Beta
- 0.79
AI-generated summary
TotalEnergies Marketing Nigeria (TOTAL) operates in Nigeria's oil & gas value chain with an estimated FY2024 revenue of ₦185bn and PAT of ₦24bn. Headline ROE is 10.8% and leverage sits at 0.50x debt-to-equity, mapping to a composite risk score of 32/100 (Moderate).
Bull case
- Scale leadership within its oil & gas sub-sector with durable distribution moat.
- Resilient ROE supports re-rating if rates ease in H2.
- Attractive dividend yield versus listed peers.
Bear case
- FX volatility could compress imported-input margins.
- Working-capital build-up in a 27.5% MPR environment.
- Sector regulatory cadence could front-load compliance cost.
Key risks
- Macro: persistent inflation > 25% pressuring real demand.
- Sector-specific regulatory action and tariff resets.
- Single-market concentration in Nigeria.
Recent developments
- Board recommended final dividend at last AGM cycle.
- Operational expansion announced in Lagos corridor.
- Engagement with CBN on FX repatriation framework noted in latest filing.
Recent news
- positiveProshare Markets· 09 JunTotalEnergies Marketing Nigeria signs MoU with CBN on FX repatriation framework
- neutralNGX Wire· 07 JunTOTAL crosses key technical level on rising volume
- negativeProshare Research· 04 JunAnalysts trim TOTAL FY26 EPS estimate by 4% on margin pressure
- positiveBusinessDay· 01 JunTotalEnergies Marketing Nigeria expands Lagos operations with NGN 4.6bn capex