TotalEnergies (NYSE:TTE) Announces Earnings Results

TotalEnergies (NYSE:TTE) issued its earnings results on Thursday. The company reported $4.03 EPS for the quarter, topping analysts’ consensus estimates of $3.84 by $0.19, FiscalAI reports. TotalEnergies had a net margin of 8.29% and a return on equity of 15.66%. The business had revenue of $61.86 billion for the quarter, compared to the consensus estimate of $55.39 billion.

Here are the key takeaways from TotalEnergies’ conference call:

• Strong third-quarter performance: adjusted net income rose more than 50% quarter over quarter to $9.1 billion, while operating cash flow increased 25% to $12.3 billion, supported by favorable commodity prices and strong execution.
• Management raised its 2026 operating cash-flow outlook to above $42 billion and potentially around $43 billion, while maintaining disciplined net investment of approximately $15 billion and reducing gearing to 9.1%.
• Refining and chemicals delivered record results as throughput increased nearly 10% and refining margins reached historically high levels; Integrated LNG also more than doubled its results quarter over quarter, with management expecting similarly strong performance in the fourth quarter.
• TotalEnergies confirmed a 5.99% increase in its third interim dividend to €0.90 per share, authorized $2.5 billion of fourth-quarter buybacks and another $2.5 billion in the first quarter of 2027, and said it may increase the final dividend to fulfill its 40% shareholder-return commitment.
• Geopolitical disruption continues to weigh on operations, including roughly a 5% impact on hydrocarbon production, reduced Qatar LNG flows and higher freight costs; the company also recorded write-offs on some German offshore-wind concessions due to profitability concerns.

TotalEnergies Trading Up 1.1%

Shares of TTE traded up $1.02 on Friday, hitting $95.06. 904,735 shares of the stock traded hands, compared to its average volume of 1,789,105. The firm has a market capitalization of $227.91 billion, a P/E ratio of 11.88 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 has a 1 year low of $60.85 and a 1 year high of $95.78. The stock’s 50 day moving average is $89.47 and its two-hundred day moving average is $84.91.

Analyst Upgrades and Downgrades

TTE has been the topic of a number of research analyst reports. TD Cowen dropped their price objective on shares of TotalEnergies from $108.00 to $105.00 and set a “buy” rating on the stock in a report on Tuesday, October 13th. Weiss Ratings restated a “buy (b)” rating on shares of TotalEnergies in a research report on Thursday, October 22nd. Morgan Stanley cut shares of TotalEnergies from an “overweight” rating to an “equal weight” rating and set a $90.00 price objective for the company. in a research note on Thursday, September 3rd. Zacks Research raised TotalEnergies from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. Finally, Wall Street Zen raised shares of TotalEnergies from a “hold” rating to a “buy” rating in a research note on Monday, August 31st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $92.71.

Trending Headlines about TotalEnergies

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. Adjusted EPS of $4.03 exceeded the $3.84 consensus, while operating cash flow rose 25% sequentially to $12.3 billion. Historically high refining margins and stronger natural-gas prices were key drivers. TotalEnergies SE: Third Quarter 2026 Results
• Positive Sentiment: Higher dividend: The company approved a third interim dividend of €0.90 per share, a 5.9% increase from 2025, reinforcing its appeal to income-focused investors. TotalEnergies dividend announcement
• Positive Sentiment: Nigeria portfolio development: TotalEnergies signed an agreement to transfer a 40% interest in offshore block OPL257 to SAPETRO while retaining a 50% operated stake. The deal should help advance development while sharing capital and execution risk. Nigeria OPL257 partnership announcement
• Neutral Sentiment: Analyst valuation is mixed: Brokerages’ average target price of $92.71 is below the recent trading level, potentially signaling limited near-term upside despite improved earnings estimates from at least one bank. Brokerage price target report
• Negative Sentiment: Operating headwinds remain: Middle East-related disruptions affected production, and the company’s decision to reduce French diesel prices ahead of a government stock release could pressure downstream margins. These risks partially offset the benefit of higher oil and gas prices. TotalEnergies French diesel price cut

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.