Stock of the Day

TotalEnergies (TTE)

$59.41

+$0.17 (+0.3%)

Market Cap: $142.30B

About TotalEnergies

TotalEnergies SE, a multi-energy company, produces and markets oil and biofuels, natural gas, green gases, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally.

It operates through five segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services. The Exploration & Production segment is involved in the exploration and production of oil and natural gas. The Integrated LNG segment comprises the integrated gas chain, including upstream and midstream liquified natural gas (LNG) activities, as well as biogas, hydrogen, and gas trading activities. The Integrated Power segment includes generation, storage, electricity trading, and B2B-B2C distribution of gas and electricity. The Refining & Chemicals segment consists of refining, petrochemicals, and specialty chemicals. This segment also includes oil supply, trading, and marine shipping activities. The Marketing & Services segment supplies and markets petroleum products. The company was formerly known as TOTAL SE and changed its name to TotalEnergies SE in June 2021. TotalEnergies SE was founded in 1924 and is headquartered in Courbevoie, France.

TotalEnergies Bull Case

Here are some ways that investors could benefit from investing in TotalEnergies SE:

• TotalEnergies SE reported a significant revenue of approximately $47.90 billion for the latest quarter, exceeding analysts' expectations, which indicates strong operational performance.
• The company has a solid return on equity of around 15.22%, suggesting effective management and profitability in generating returns for shareholders.
• Recent upgrades from multiple research firms, including Citigroup and BNP Paribas, reflect positive sentiment and confidence in the company's growth potential.
• The current stock price is around $65.00, which is seen as a reasonable entry point given the company's growth prospects and market position.
• Analysts anticipate that TotalEnergies SE will achieve an earnings per share (EPS) of approximately 8.02 for the current fiscal year, indicating expected profitability and growth.

TotalEnergies Bear Case

Investors should be bearish about investing in TotalEnergies SE for these reasons:

• The company reported an EPS of $1.83 for the latest quarter, which was below analysts' consensus estimates, indicating potential challenges in meeting market expectations.
• Year-over-year, TotalEnergies SE's EPS decreased from $2.14, which may raise concerns about declining profitability.
• Despite positive ratings, there are still four analysts who have rated the stock as a hold, suggesting some uncertainty about its future performance.
• The net margin of 7.34% may be viewed as relatively modest, which could limit the company's ability to reinvest in growth opportunities.
• Market volatility and fluctuations in energy prices could impact TotalEnergies SE's financial performance, making it a riskier investment in uncertain economic conditions.

Recent News

• TotalEnergies: A Buy-And-Hold Candidate With World-Class Discoveries (seekingalpha.com)
• TotalEnergies Expands UK Renewables Portfolio With 435 MW Solar and Battery Deal (oilprice.com)
• TotalEnergies acquires 435 MW of U.K. solar and battery projects (msn.com)
• TotalEnergies Expands Renewable Portfolio with UK Solar & Battery Projects (insidermonkey.com)
• Low Carbon sells 435 MW of UK solar and battery projects to TotalEnergies (reuters.com)
• UK: TotalEnergies Acquires a Pipeline of Solar and Battery Projects (businesswire.com)
• TotalEnergies to Export More American LNG to India (msn.com)
• TotalEnergies, RGE JV Gets Green Light To Import Renewable Power To Singapore (benzinga.com)