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TotalEnergies (TTE)
NYSE:TTE
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TotalEnergies
(NYSE:TTE)
78Outperform
TotalEnergies (TTE) vs. S&P 500 (SPY)
Market Cap
$131.26B
Dividend Yield4.38%
Average Volume (3M)1.44M
Price to Earnings (P/E)9.3
Beta (1Y)0.22
Revenue Growth-10.66%
EPS Growth-23.64%
CountryUS
Employees102,579
SectorEnergy
Sector Strength87
IndustryOil & Gas Integrated
Share Statistics
EPS (TTM)6.79
Shares Outstanding2,270,057,100
10 Day Avg. Volume1,552,813
30 Day Avg. Volume1,439,481
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.68
Price to Cash Flow (P/CF)6.40
P/FCF Ratio15.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$68.25Price Target Upside5.21% Upside
Rating ConsensusHold
Number of Analyst Covering5
TotalEnergies Business Overview & Revenue Model
Company DescriptionTotalEnergies SE operates as an integrated oil and gas company worldwide. The company operates through four segments: Integrated Gas, Renewables & Power; Exploration & Production; Refining & Chemicals; and Marketing & Services. The Integrated Gas, Renewables & Power segment engages in the liquefied natural gas production, shipping, trading, and regasification activities; trading of liquefied petroleum gas (LPG), petcoke and sulfur, natural gas, and electricity; transportation of natural gas; electricity production from natural gas, wind, solar, hydroelectric, and biogas sources; energy storage activities; and development and operation of biomethane production units, as well as provides energy efficiency services. The Exploration & Production segment is involved in the oil and natural gas exploration and production activities. The Refining & Chemicals segment engages in refining petrochemicals, including olefins and aromatics; and polymer derivatives, such as polyethylene, polypropylene, polystyrene, and hydrocarbon resins, as well as biomass conversion and elastomer processing. This segment is also involved in trading and shipping crude oil and petroleum products. The Marketing & Services segment produces and sells lubricants; supplies and markets petroleum products, including bulk fuel, aviation and marine fuel, special fluids, compressed natural gas, LPG, and bitumen; and provides fuel payment solutions. It operates approximately 16,000 service stations and 25,000 EV charge points. As of December 31, 2021, the company had 12,062 Mboe of combined proved reserves of oil and gas. TotalEnergies SE has strategic partnerships with PureCycle Technologies, Plastic Energy, Freepoint Eco-Systems, and Plastic Omnium for various development projects. The company was formerly known as TOTAL SE and changed its name to TotalEnergies SE in June 2021. TotalEnergies SE was incorporated in 1924 and is headquartered in Courbevoie, France.
How the Company Makes MoneyTotalEnergies generates revenue through several key streams, primarily from the exploration and production of oil and natural gas, which are then refined and marketed globally. The company also earns from its chemical production operations, providing a range of petrochemical products. Additionally, TotalEnergies is expanding its footprint in renewable energy, investing in solar, wind, and biofuels, which are expected to contribute increasingly to its revenue. Strategic partnerships and joint ventures in various regions enhance its market presence and operational efficiency. The company's integrated approach across the energy value chain allows it to capitalize on synergies between its traditional and renewable energy businesses.
TotalEnergies Financial Statement Overview
Summary
TotalEnergies demonstrates solid financial standing with strong revenue generation and efficient operations. The balance sheet is stable with moderate leverage, though equity returns have varied. Cash flow management is robust, supporting operational activities, yet shows some volatility. Overall, the company is well-positioned but should address cost pressures and maintain consistent profitability.Income Statement
TotalEnergies has demonstrated consistent revenue generation with some fluctuations. The gross profit margin has decreased over time, indicating cost pressures. Net profit margin showed variability, but remains reasonably solid. Recent EBIT and EBITDA margins reflect strong operational efficiency compared to previous years, although they are slightly declining.75
Positive
Balance Sheet
The company's balance sheet shows a stable equity position with a moderate debt-to-equity ratio, indicating manageable leverage. TotalEnergies has a good equity ratio, reflecting a solid financial foundation. However, the return on equity has shown some fluctuations, which may suggest inconsistent income generation against equity.68
Positive
Cash Flow
TotalEnergies exhibits strong operating cash flow relative to net income, showcasing efficient cash generation. The free cash flow generation has been positive, though growth rates have fluctuated. The company's free cash flow to net income ratio suggests good cash flow stability but indicates some volatility in cash management.70
Positive
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 195.61B | 218.94B | 263.31B | 184.63B | 119.70B | Gross Profit |
| 25.06B | 31.25B | 81.64B | 52.46B | 19.95B | EBIT |
| 25.06B | 31.98B | 45.67B | 27.86B | -4.87B | EBITDA |
| 41.11B | 50.78B | 59.13B | 37.84B | 8.85B | Net Income Common Stockholders |
| 15.76B | 21.38B | 20.53B | 16.03B | -7.34B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 32.76B | 31.62B | 41.77B | 33.66B | 35.90B | Total Assets |
| 285.49B | 283.65B | 303.86B | 293.46B | 266.13B | Total Debt |
| 53.56B | 47.87B | 60.77B | 64.55B | 77.30B | Net Debt |
| 27.71B | 22.41B | 27.74B | 43.20B | 46.03B | Total Liabilities |
| 165.23B | 164.20B | 189.29B | 178.46B | 160.05B | Stockholders Equity |
| 117.86B | 116.75B | 111.72B | 111.74B | 103.70B |
| Cash Flow | Free Cash Flow | |||
| 15.95B | 22.96B | 31.68B | 18.07B | 4.04B | Operating Cash Flow |
| 30.85B | 40.68B | 47.37B | 30.41B | 14.80B | Investing Cash Flow |
| -17.40B | -16.45B | -15.12B | -13.66B | -13.08B | Financing Cash Flow |
| -14.36B | -29.73B | -19.27B | -26.15B | 1.40B |
TotalEnergies Technical Analysis
Positive
64.87
Price Trends
60.00
Positive
58.33
Positive
61.86
Positive
Market Momentum
1.14
Negative
73.19
Negative
63.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TTE, the sentiment is Positive. The current price of 64.87 is above the 20-day moving average (MA) of 61.44, above the 50-day MA of 60.00, and above the 200-day MA of 61.86, indicating a bullish trend. The MACD of 1.14 indicates Negative momentum. The RSI at 73.19 is Negative, neither overbought nor oversold. The STOCH value of 63.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TTE.
TotalEnergies Peers Comparison
Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $131.18B | 13.14 | 16.16% | 3.04% | -2.57% | -14.01% | |
78 Outperform | $131.26B | 9.34 | 13.43% | 4.38% | -10.66% | -23.64% | |
76 Outperform | $295.73B | 17.07 | 11.28% | 4.00% | -1.90% | -14.56% | |
76 Outperform | $513.19B | 14.88 | 14.38% | 3.33% | 1.86% | -11.52% | |
72 Outperform | $46.06B | 20.05 | 8.88% | 1.80% | -4.35% | -37.69% | |
67 Neutral | $46.45B | 14.73 | 16.33% | 2.33% | -6.70% | -57.85% | |
58 Neutral | $9.28B | 5.49 | -6.28% | 7.46% | -0.20% | -73.68% |
* Energy Sector Average
Performance Comparison
TTE
TotalEnergies
64.87
-0.97
-1.47%
CVX
Chevron
167.97
16.77
11.09%
COP
Conocophillips
103.20
-20.49
-16.57%
XOM
Exxon Mobil
118.27
5.83
5.18%
MPC
Marathon Petroleum
149.81
-47.49
-24.07%
OXY
Occidental Petroleum
49.75
-14.11
-22.10%
TotalEnergies Earnings Call Summary
Earnings Call Date: Feb 5, 2025 | % Change Since: 10.79% | Next Earnings Date: Apr 30, 2025
Earnings Call Sentiment Positive
The earnings call highlighted TotalEnergies' robust reserve replacement, strong cash flow generation, and positive shareholder returns. However, challenges in the downstream segment and pressure in the LNG business were notable concerns. Overall, the positive aspects were significant, leading to a favorable outlook.Highlights
Strong Reserve Replacement Ratio
TotalEnergies achieved a reserve replacement ratio of 157% in 2024, showcasing strong organic growth and portfolio depth.
Significant Cash Flow from Operations
The company generated $29.9 billion of cash flow from operations in 2024 despite a softer price environment, maintaining a strong balance sheet.
Integrated Power Growth
The Integrated Power segment reached its cash flow target of 2.6% in 2024, highlighting a successful expansion in renewable and gas-fired power projects.
Positive Shareholder Returns
TotalEnergies increased dividends to $7.4 billion and executed an $8 billion buyback program, achieving a payout ratio of 50% in 2024.
Brazil as a Key Cash Flow Contributor
Brazil became the number one country for cash flow from operations in TotalEnergies' portfolio, generating $1.4 billion at $70 per barrel.
Lowlights
Downstream Challenges
The downstream segment faced operational issues and a weak margin environment, with refining margins down by 45% compared to 2023.
LNG Business Pressure
The Integrated LNG segment was negatively impacted by low gas price volatility and average LNG prices, with a cash flow decrease to $4.9 million.
High Debt Consideration
Factoring of receivables and other debt-related factors raised concerns about the company's net debt levels, potentially exceeding $30 billion.
Company Guidance
TotalEnergies' 2025 guidance, as outlined in the call, includes substantial growth across its core business areas. The company anticipates a 5% increase in total energy production, driven by more than 3% growth in oil and gas output and over 20% growth in electricity production, reaching more than 50-terawatt hours. TotalEnergies aims to achieve a cash flow from operations exceeding $29 billion at an oil price of $70 per barrel, reflecting an increase from $29.9 billion in 2024. The company plans to invest $17-$17.5 billion in capital expenditures, maintaining a disciplined approach by focusing on high-return, low-cost projects. TotalEnergies also expects a robust free cash flow growth, supported by a projected upstream production cost of less than $5 per barrel of oil equivalent. The guidance underscores the company's strategy of delivering accretive growth while maintaining strong shareholder returns, including a continued commitment to a $2 billion per quarter share buyback program.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.