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Company Intelligence Terminal · Oil & Gas · Downstream Marketing

TOTAL · TotalEnergies Marketing Nigeria

TotalEnergies Marketing Nigeria

TOTAL
NGXEquity · Ordinary SharesOil & GasDownstream Marketing
685.00NGN-0.34%
Market cap ₦232.00B · as of 17 Jun 2026, 10:05
Ask about TOTAL
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 Jun
    TotalEnergies Marketing Nigeria signs MoU with CBN on FX repatriation framework
  • neutralNGX Wire· 07 Jun
    TOTAL crosses key technical level on rising volume
  • negativeProshare Research· 04 Jun
    Analysts trim TOTAL FY26 EPS estimate by 4% on margin pressure
  • positiveBusinessDay· 01 Jun
    TotalEnergies Marketing Nigeria expands Lagos operations with NGN 4.6bn capex