The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day.

0600 GMT - TotalEnergies is exploring oil and gas investments in the U.S., Barclays analyst Lydia Rainforth writes. The French energy major remains focused on cash-accretive growth and its upcoming capital markets day should provide a clearer picture of its strategy through 2035, she adds. Sustaining production beyond 2030 could require higher investment spending, but inflation isn't currently seen as an issue across its portfolio, she writes after a fireside chat with CEO Patrick Pouyanne at the Barclays CEO Energy-Power Conference.(adam.whittaker@wsj.com)

0552 GMT - TotalEnergies CEO Patrick Pouyanne doesn't see a physical gas supply risk in Europe but says the continent will have to compete with Asia for LNG cargos, which could further support prices. The company's integrated gas business continues to benefit from rising gas prices and low European inventories, Barclays analyst Lydia Rainforth writes after hosting Pouyanne at the Barclays Energy-Power Conference. Pouyanne's outlook for oil is more uncertain, she writes. It is unclear whether the drop in Chinese demand since the start of the conflict reflectsstructural demand changes or temporary demand destruction, she writes.(adam.whittaker@wsj.com)

0539 GMT - Sekisui Chemical's plan to acquire a majority stake in Queensland, Australia-based homebuilder Ausbuild for 335 million Australian dollars helps advance the Japanese company's goal of expanding its residential business abroad. Unlike its domestic market, population is growing in Queensland and a chronic housing supply shortage has become a serious social issue, the company says. Sekisui Chemical offers modular construction where standardized components are manufactured at plants in advance, reducing on-site construction labor and time. The Ausbuild acquisition comes after Sekisui Chemical established a unit in Canada late last year to produce housing components for the North American market. Sekisui Chemical intends to raise its stake in Ausbuild to 90% after its 51% stake purchase closes in January 2027. (kosaku.narioka@wsj.com; @kosakunarioka)

0512 GMT - Wharf Real Estate Investment's bull at Citi is upbeat on the company's sale of a Singapore asset. The Hong Kong-listed property investment company has agreed to sell Scotts Square for 310 million Singapore dollars, a 10% premium to its book value but lower than the S$450 million price it was marketed at in 2024, the Citi analysts say in a note. The deal completes Wharf REIC's exit from Singapore, and the company's transition to a purely Hong Kong landlord could benefit its investor positioning and valuations, they say. An inflection in luxury retail rent increases could be the stock's next catalyst, they say. Citi retains its buy rating and 36.00 Hong Kong dollar target price. Shares fall 0.4% to HK$31.60.