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NYSE:TTE

TotalEnergies (TTE) Stock Price, News & Analysis

$68.05
-0.27 (-0.40%)
(As of 09/18/2024 ET)

About TotalEnergies Stock (NYSE:TTE)

Key Stats

Today's Range
$67.86
$68.94
50-Day Range
$65.05
$70.41
52-Week Range
$62.28
$74.97
Volume
1.35 million shs
Average Volume
1.17 million shs
Market Capitalization
$160.70 billion
P/E Ratio
7.68
Dividend Yield
3.67%
Price Target
$82.00
Consensus Rating
Hold

Company Overview

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 Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 65th Percentile

TotalEnergies scored higher than 65% of companies evaluated by MarketBeat, and ranked 153rd out of 263 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    TotalEnergies has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    TotalEnergies has only been the subject of 2 research reports in the past 90 days.

  • Read more about TotalEnergies' stock forecast and price target.
  • Earnings Growth

    Earnings for TotalEnergies are expected to grow by 5.20% in the coming year, from $8.65 to $9.10 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TotalEnergies is 7.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.82.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TotalEnergies is 7.68, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.33.

  • Price to Earnings Growth Ratio

    TotalEnergies has a PEG Ratio of 1.76. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    TotalEnergies has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about TotalEnergies' valuation and earnings.
  • Percentage of Shares Shorted

    0.18% of the float of TotalEnergies has been sold short.
  • Short Interest Ratio / Days to Cover

    TotalEnergies has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in TotalEnergies has recently increased by 10.70%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    TotalEnergies is a leading dividend payer. It pays a dividend yield of 3.72%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    TotalEnergies does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of TotalEnergies is 29.12%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, TotalEnergies will have a dividend payout ratio of 28.35% next year. This indicates that TotalEnergies will be able to sustain or increase its dividend.

  • Read more about TotalEnergies' dividend.
  • Percentage of Shares Shorted

    0.18% of the float of TotalEnergies has been sold short.
  • Short Interest Ratio / Days to Cover

    TotalEnergies has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in TotalEnergies has recently increased by 10.70%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    TotalEnergies has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for TotalEnergies this week, compared to 9 articles on an average week.
  • Search Interest

    9 people have searched for TTE on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.
  • MarketBeat Follows

    11 people have added TotalEnergies to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, TotalEnergies insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    Only 13.22% of the stock of TotalEnergies is held by institutions.

  • Read more about TotalEnergies' insider trading history.

TTE Stock News Headlines

Not Pretty, But Dirt Cheap: 3 Energy Divvies Up to 6.6%
AI is in and energy is out. As usual. Which is just dandy for contrarian dividend investors like us. Let’s talk about dividends up to 6.6% and stock p
Central Bank Abandons USD
Startling new evidence shows the U.S. Central Bank is abandoning the currency we’ve relied on for centuries – the United States Dollar… And placing a ‘quiet bet’ on a new type of currency… Gold.
2 Oil Stocks Under $50 to Invest in Energy Like a Billionaire
Berenberg Bank Reaffirms Their Buy Rating on TotalEnergies SE (TTE)
See More Headlines

TTE Stock Analysis - Frequently Asked Questions

TotalEnergies' stock was trading at $67.38 at the start of the year. Since then, TTE stock has increased by 1.0% and is now trading at $68.05.
View the best growth stocks for 2024 here
.

TotalEnergies SE (NYSE:TTE) released its quarterly earnings results on Thursday, July, 25th. The company reported $1.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.11 by $0.13. The firm earned $53.74 billion during the quarter, compared to the consensus estimate of $60.45 billion. TotalEnergies had a net margin of 9.49% and a trailing twelve-month return on equity of 17.92%.

TotalEnergies' top institutional shareholders include Envestnet Asset Management Inc. (0.11%), Federated Hermes Inc. (0.10%), Raymond James & Associates (0.10%) and Natixis Advisors LLC (0.09%).
View institutional ownership trends
.

Shares of TTE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Ex-Dividend for 7/11 Dividend
6/18/2024
Dividend Payable
7/11/2024
Last Earnings
7/25/2024
Today
9/18/2024
Ex-Dividend for 10/11 Dividend
9/24/2024
Dividend Payable
10/11/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Petroleum And Natural Gas
Employees
102,579
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$82.00
High Stock Price Target
$87.00
Low Stock Price Target
$79.00
Potential Upside/Downside
+20.5%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$21.38 billion
Pretax Margin
15.10%

Debt

Sales & Book Value

Annual Sales
$218.95 billion
Cash Flow
$15.72 per share
Book Value
$50.79 per share

Miscellaneous

Outstanding Shares
2,361,440,000
Free Float
N/A
Market Cap
$160.70 billion
Optionable
Optionable
Beta
0.64

Should I Buy TotalEnergies Stock? TTE Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, September 11, 2024. Please send any questions or comments about these TotalEnergies pros and cons to contact@marketbeat.com.

TotalEnergies
Bull Case

green Wall Street bull icon

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

  • TotalEnergies SE has a market capitalization of $163.01 billion, indicating a strong and stable position in the market.
  • The company's low P/E ratio of 7.79 suggests that the stock may be undervalued, offering a potential opportunity for growth.
  • With a return on equity of 17.92%, TotalEnergies SE shows efficient utilization of shareholder funds to generate profits.
  • TotalEnergies SE operates in multiple energy sectors, providing diversification and resilience against market fluctuations.
  • The company's focus on renewables and green gases aligns with the growing global trend towards sustainable energy sources.

TotalEnergies
Bear Case

red Wall Street bear icon

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

  • The company's recent earnings report showed a miss on analysts' consensus estimates, indicating potential challenges in meeting expectations.
  • TotalEnergies SE's revenue for the quarter was below analysts' expectations, raising concerns about its ability to drive top-line growth.
  • Despite a low P/E ratio, the price-to-earnings-growth ratio of 1.75 suggests that the stock may not be as attractively valued in terms of future growth potential.
  • TotalEnergies SE's 12-month low of $61.14 indicates past volatility in the stock price, which may pose risks for investors.
  • The company's debt-to-equity ratio of 0.35 could signal a moderate level of financial leverage, which may impact future financial stability.

This page (NYSE:TTE) was last updated on 9/18/2024 by MarketBeat.com Staff
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