TotalEnergies (NYSE:TTE) Sets New 12-Month High After Strong Earnings

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

The company reported $4.03 EPS for the quarter, beating analysts’ consensus estimates of $3.84 by $0.19. The business had revenue of $61.86 billion during the quarter, compared to analyst estimates of $55.39 billion. TotalEnergies had a return on equity of 19.55% and a net margin of 9.61%.

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

Analyst Ratings Changes

A number of equities analysts have recently commented on TTE shares. Mizuho set a $108.00 price objective on shares of TotalEnergies in a report on Friday, October 16th. TD Cowen lowered their target price on shares of TotalEnergies from $108.00 to $105.00 and set a “buy” rating on the stock in a research note on Tuesday, October 13th. Wall Street Zen raised shares of TotalEnergies from a “hold” rating to a “buy” rating in a research note on Monday, August 31st. Morgan Stanley lowered shares of TotalEnergies from an “overweight” rating to an “equal weight” rating and set a $90.00 price target for the company. in a research report on Thursday, September 3rd. Finally, HSBC upgraded shares of TotalEnergies from a “hold” rating to a “buy” rating in a research note on Friday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $92.71.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Kestra Private Wealth Services LLC boosted its position in shares of TotalEnergies by 1.4% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 17,117 shares of the company’s stock worth $1,464,000 after purchasing an additional 234 shares during the last quarter. Ascent Group LLC boosted its holdings in TotalEnergies by 4.5% during the third quarter. Ascent Group LLC now owns 17,984 shares of the company’s stock worth $1,538,000 after buying an additional 771 shares during the last quarter. Compass Financial Management LLC bought a new position in TotalEnergies during the third quarter worth about $63,000. Provenance Wealth Advisors LLC grew its position in shares of TotalEnergies by 2,995.4% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 16,282 shares of the company’s stock worth $1,392,000 after buying an additional 15,756 shares during the period. Finally, First Nebraska Trust Co acquired a new position in shares of TotalEnergies during the 3rd quarter worth about $402,000. 16.53% of the stock is currently owned by institutional investors and hedge funds.

TotalEnergies Trading Up 1.4%

The company has a current ratio of 1.06, a quick ratio of 0.85 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $228.71 billion, a P/E ratio of 9.53 and a beta of 0.18. The business has a 50 day moving average price of $89.56 and a 200 day moving average price of $85.06.

About TotalEnergies

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.