TotalEnergies SE (TTE)

NYSE: TTE · Real-Time Price · USD
60.52
-0.19 (-0.31%)
At close: Nov 20, 2024, 4:00 PM
60.15
-0.37 (-0.61%)
Pre-market: Nov 21, 2024, 5:08 AM EST
-0.31%
Market Cap 137.58B
Revenue (ttm) 203.26B
Net Income (ttm) 16.87B
Shares Out 2.28B
EPS (ttm) 7.09
PE Ratio 8.16
Forward PE 7.92
Dividend $3.50 (5.78%)
Ex-Dividend Date Sep 24, 2024
Volume 1,153,126
Open 60.57
Previous Close 60.71
Day's Range 60.23 - 60.74
52-Week Range 58.46 - 74.97
Beta 0.74
Analysts Hold
Price Target 78.75 (+30.12%)
Earnings Date Oct 31, 2024

About TTE

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 midstrea... [Read more]

Sector Energy
IPO Date Oct 24, 1991
Employees 102,579
Stock Exchange NYSE
Ticker Symbol TTE
Full Company Profile

Financial Performance

In 2023, TotalEnergies SE's revenue was $218.95 billion, a decrease of -16.85% compared to the previous year's $263.31 billion. Earnings were $21.38 billion, an increase of 4.18%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for TTE stock is "Hold." The 12-month stock price forecast is $78.75, which is an increase of 30.12% from the latest price.

Price Target
$78.75
(30.12% upside)
Analyst Consensus: Hold
Stock Forecasts

News

LNG New-Build and Expansion Outlook 2024: 237 Projects are Projected to Start Operations by 2028 - Explore Liquefaction and Regasification Projects by Development Stage, Capacity, and Total Cost

Dublin, Nov. 18, 2024 (GLOBE NEWSWIRE) -- The "LNG New-Build and Expansion Projects Outlook to 2028" report has been added to ResearchAndMarkets.com's offering. Globally, a total of 237 LNG projects a...

2 days ago - GlobeNewsWire

TotalEnergies, BP, Equinor and Shell commit $500 mln to boost energy access

Leading energy companies TotalEnergies , BP , Shell and Equinor announced a $500-million joint investment commitment, aimed at increasing people's access to sustainable modern energy sources.

Other symbols: BPEQNRSHEL
6 days ago - Reuters

Total Energies Has Strong Free Cash Backed By High Yielding Growth Profile

TotalEnergies (TTE) has a compelling expansion profile with strong investments in LNGs and renewables, maintaining high-yield traditional oil exploration and production opportunities. TTE boasts a div...

6 days ago - Seeking Alpha

Technip Energies awarded a major contract by TotalEnergies for the topsides of the GrandMorgu FPSO unit in Suriname

Technip Energies (PARIS:TE), in partnership with SBM Offshore, has been awarded a major(1) contract by TotalEnergies for the GranMorgu Floating Production, Storage and Offloading vessel (FPSO) in Suri...

7 days ago - GlobeNewsWire

Saipem signs $1.9 bln deal with TotalEnergies in Suriname

Italian energy contractor Saipem said on Thursday it signed a $1.9 billion deal with a subsidiary of TotalEnergies in Suriname for the subsea development of the GranMorgu offshore project.

7 days ago - Reuters

Crescent Capital: Q3 Earnings Reinforce Strong Total Return Potential

Crescent Capital's strong dividend coverage and NAV growth indicate a resilient portfolio. The current dividend yield is 9.7% and is well supported by earnings. The portfolio, valued at $1.6B, is conc...

7 days ago - Seeking Alpha

TotalEnergies CEO urges next US president to prioritize energy dominance amid 2024 election

TotalEnergies SE CEO Patrick Pouyanne urged the next US president not to risk the country's energy dominance on Monday, stressing that the US position in global energy markets is pivotal. “US energy h...

16 days ago - Invezz

Global oil demand on track to peak in 2035, TotalEnergies says

Global oil demand is on track to peak in 2035 or beyond under current trends, French oil major TotalEnergies said on Monday as it published its latest energy outlook.

16 days ago - Reuters

China's Sinopec signs agreement for 15-yr LNG deal with TotalEnergies

China's state oil and gas major Sinopec Corp said on Monday it has signed Heads of Agreement to buy from TotalEnergies two million metric tons of liquefied natural gas a year for 15 yrs starting 2028.

17 days ago - Reuters

The problem is 'not about oil companies, it's about diminishing emissions,' TotalEnergies CEO says

Patrick Pouyanne, TotalEnergies CEO, explains what can be done apart from "demonizing."

Other symbols: BNODBOGUSHIEOOIHPXJUCO
17 days ago - CNBC International TV

Europe has lost part of its competitive advantage on energy, TotalEnergies CEO says

Patrick Pouyanne, TotalEnergies CEO, says the region "must find ways to recover its energy competitiveness."

17 days ago - CNBC International TV

The U.S. has a 'clear competitive advantage' on energy, says TotalEnergies CEO

Patrick Pouyanne, TotalEnergies CEO, explains what he means by a "wild west" approach to regulation.

17 days ago - CNBC International TV

Volatility in our industry is 'part of the game,' TotalEnergies CEO says

Patrick Pouyanne, TotalEnergies CEO, says "margins are much lower today. We're under pressure — a little better, but still under pressure.

17 days ago - CNBC International TV

Higher Asian LNG prices boost Shell Q3 sales vs TotalEnergies

Higher production and sales in Asia helped Shell's liquefied natural gas (LNG) business outshine TotalEnergies' in the third quarter, analysts and traders said, even as group profits at both were hit ...

Other symbols: SHEL
20 days ago - Reuters

TotalEnergies SE (TTE) Q3 2024 Earnings Call Transcript

TotalEnergies SE (NYSE:TTE) Q3 2024 Earnings Conference Call October 31, 2024 7:00 AM ET Company Participants Patrick Pouyanné – Chairman and Chief Executive Officer Jean-Pierre Sbraire – Chief Finan...

20 days ago - Seeking Alpha

TotalEnergies CEO says up to $2 billion stuck in Russia

French oil major TotalEnergies has between $1.5 billion and $2 billion in annual dividends from its stakes in Russian gas producer Novatek and the Yamal LNG project stuck in Russia, CEO Patrick Pouyan...

20 days ago - Reuters

TotalEnergies exited South Africa offshore due to lack of gas market, says CEO

TotalEnergies recently divested from its South African offshore blocks due to the difficulty in generating a return on gas at the sites, CEO Patrick Pouyanne told analysts on Thursday after the French...

20 days ago - Reuters

TotalEnergies Profit Falls as Downstream Margins Bite

TotalEnergies reported a sharpy-lower net profit in the third quarter on weaker refining margins, production and prices, but said output should pick up going forward.

21 days ago - WSJ

TotalEnergies SE: Third Quarter 2024 Results

PARIS--(BUSINESS WIRE)--Regulatory News: TotalEnergies SE (Paris:TTE) (LSE:TTE) (NYSE:TTE):   3Q24   Change vs 2Q24   9M24   Change vs 9M23 Adjusted net income (TotalEnergies share)(1)         - in bi...

21 days ago - Business Wire

TotalEnergies third-quarter income drops as refining margins collapse

French oil major TotalEnergies reported third-quarter adjusted net income at a three-year low of $4.1 billion on Thursday, hit by collapsing refining margins and upstream outages.

21 days ago - Reuters

TotalEnergies studies Moroccan project to export green ammonia to Europe

French oil major TotalEnergies will study plans for a renewable energy project to produce hydrogen and ammonia in Morocco for delivery to Europe, which is seeking to increase use of the fuels as part ...

22 days ago - Reuters

QatarEnergy takes 50% stake in TotalEnergies solar project in Iraq

QatarEnergy, one of the world's top suppliers of liquefied natural gas, said on Monday it had agreed to take a 50% stake in TotalEnergies' 1.25-gigawatt solar project in Iraq.

23 days ago - Reuters

Next wave of LNG supply delayed to 2027 due to project hold-ups, TotalEnergies says

The next wave of liquefied natural gas (LNG) supply will come online from 2027, later than the earlier forecast of 2025, due to project delays, TotalEnergies' Senior Vice President for LNG Gregory Jof...

4 weeks ago - Reuters

TotalEnergies sells Brazilian fuel distribution business to SIM Distribuidora

French oil major TotalEnergies has agreed to sell a network of about 240 retail fuelling stations plus ethanol and oil products storage facilities in Brazil to a subsidiary of Grupo Argentina, the com...

4 weeks ago - Reuters

TotalEnergies: Q3 Likely Weaker But Dual-Pillar Growth Story Remains Intact

Q3 results previewed weaker as refining margins seen down 66% from Q2. Also factoring in lower liquids prices and weaker trading, we estimate Q3 CFO down 8% q/q. Yet, we remain highly positive on Tota...

5 weeks ago - Seeking Alpha