3 Things Total SA's Management Thinks You Should Know
So far in 2017, Total's (NYSE: TOT) management team has made the pivot from preserving capital to growing the business with several new project announcements and joint venture deals. The knee jerk reaction to these moves is that Total's management team sees higher oil prices around the corner, and it wants to grow production to reap the rewards. If you listen to the things that management has said recently, though, this higher oil price environment isn't part of its thinking.
Here are a few quotes from Total's CFO Patrick de la Chevardiere that should give investors more insight into how Total views the future of oil prices, how the company plans to invest, and how it plans to manage the risks its current strategy could face.
Image source: Getty Images.
Source: Fool.com
