TotalEnergies Guides 2-3% Production Growth 2030-35, Dividend +5%/yr

TotalEnergies set medium-term production growth guidance of 2-3% annually for 2030-2035 and confirmed 4% overall energy growth to 2030, with oil and gas alone growing over 3% per year. The board approved a dividend policy of over 5% annual increases for 2026-2030, signaling confidence in cash flow. This reaffirms the company's commitment to fossil fuel expansion despite energy transition pressures, which may influence sector investment sentiment.