TotalEnergies (NYSE:TTE) Reaches New 1-Year High Following Earnings Beat

TotalEnergies SE Sponsored ADR (NYSE:TTE) reached a new 52-week high during trading on Thursday after the company announced better than expected quarterly earnings. The company traded as high as $94.46 and last traded at $94.4060, with a volume of 80,996 shares. The stock had previously closed at $92.88.

The company reported $4.03 earnings per share for the quarter, topping the consensus estimate of $3.84 by $0.19. TotalEnergies had a return on equity of 19.55% and a net margin of 9.61%. The business had revenue of $61.86 billion during the quarter, compared to the consensus estimate of $55.39 billion.

More TotalEnergies News

Here are the key news stories impacting TotalEnergies this week:

• Positive Sentiment: Strong Q3 results: TotalEnergies reported adjusted net income of $9.1 billion, up 51% from the prior quarter and 75% year over year for the first nine months. Adjusted EPS of $4.03 exceeded the $3.84 consensus, while revenue of $61.86 billion also surpassed estimates. Operating cash flow excluding working capital rose 25% sequentially to $12.3 billion. TotalEnergies SE Third Quarter 2026 Results
• Positive Sentiment: Energy-market tailwinds: Historically strong refining margins and a favorable natural-gas market helped offset weaker production, while elevated oil prices supported the 127% year-over-year increase in quarterly profit. TotalEnergies third-quarter profit up 127%
• Positive Sentiment: Higher shareholder distribution: The company declared a third interim dividend of €0.90 per share, a 5.9% increase from 2025, reinforcing its income-investment appeal. TotalEnergies third interim dividend
• Neutral Sentiment: Portfolio activity: TotalEnergies agreed to farm out a 40% interest in Nigeria’s offshore OPL257 block to SAPETRO, leaving TotalEnergies with a 50% operated stake. The deal could share development risk while preserving operatorship and exposure to future production. TotalEnergies OPL257 partnership
• Negative Sentiment: Risks remain: The Middle East conflict affected production, and consensus broker targets average €92.71, below the recent market level. TotalEnergies also plans to reduce French diesel prices to €2.15 per liter, which may pressure downstream margins. TotalEnergies diesel price cut

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. lowered shares of TotalEnergies from an “overweight” rating to a “neutral” rating in a research report on Wednesday, September 23rd. Wall Street Zen upgraded shares of TotalEnergies from a “hold” rating to a “buy” rating in a report on Monday, August 31st. Mizuho set a $108.00 price target on shares of TotalEnergies in a research note on Friday, October 16th. Barclays reissued an “overweight” rating on shares of TotalEnergies in a report on Monday, October 5th. Finally, Zacks Research upgraded TotalEnergies from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 19th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $92.71.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of TTE. Amundi purchased a new position in shares of TotalEnergies in the 1st quarter worth approximately $18,868,822,000. DekaBank Deutsche Girozentrale bought a new stake in TotalEnergies in the first quarter worth $1,103,799,000. Bank of New York Mellon Corp lifted its position in TotalEnergies by 8.3% in the first quarter. Bank of New York Mellon Corp now owns 11,514,654 shares of the company’s stock worth $1,047,603,000 after buying an additional 881,889 shares during the last quarter. Janus Henderson Group PLC boosted its stake in TotalEnergies by 25.2% during the first quarter. Janus Henderson Group PLC now owns 11,349,122 shares of the company’s stock worth $1,055,775,000 after buying an additional 2,287,500 shares during the period. Finally, Groupe la Francaise raised its stake in shares of TotalEnergies by 8.9% in the first quarter. Groupe la Francaise now owns 7,617,900 shares of the company’s stock valued at $683,234,000 after acquiring an additional 624,764 shares during the period. 16.53% of the stock is owned by hedge funds and other institutional investors.

TotalEnergies Trading Up 1.4%

The company’s 50 day moving average price is $89.56 and its two-hundred day moving average price is $85.06. The firm has a market cap of $228.71 billion, a PE ratio of 9.53 and a beta of 0.18. The company has a quick ratio of 0.85, a current ratio of 1.06 and a debt-to-equity ratio of 0.38.

TotalEnergies Company Profile

TotalEnergies SE is a French multinational energy company that explores for, produces, processes and markets oil and natural gas. Established in 1924 as the Compagnie française des pétroles, the company adopted the TotalEnergies name in 2021 to reflect its broader focus on multiple forms of energy.

The company’s activities include liquefied natural gas, refining and petrochemicals, fuels, lubricants, and the operation of service stations. TotalEnergies also develops and sells electricity from renewable and other power-generation sources, including solar and wind projects, as well as energy-storage and electric-vehicle charging solutions.

TotalEnergies serves customers and operates projects across numerous regions, including Europe, Africa, the Middle East, the Americas and the Asia-Pacific region.