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TotalEnergies EP Congo reported a hydrocarbon discovery on the Moho license offshore the Republic of the Congo.
TotalEnergies discovered nearly 100 million barrels of recoverable hydrocarbons offshore Congo at Moho G.
KEY POINTS
- The new reserves will be developed via a tie-back to existing Moho infrastructure for faster production.
- TotalEnergies and Masdar formed a $2.2 billion joint venture for 9 GW of renewables across Asia.
- TotalEnergies' next earnings update is confirmed for April 29, 2026, with EPS estimated at $2.01.
- TTE stock is trading near key resistance at $93.50 and has an RSI of 68.22, nearing overbought.
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