TotalEnergies (NYSE:TTE) Reaches New 12-Month High – What’s Next?

Shares of TotalEnergies SE Sponsored ADR (NYSE:TTE) reached a new 52-week high on Thursday. 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.

TotalEnergies News Summary

Here are the key news stories impacting TotalEnergies this week:

• Positive Sentiment: Strong Q3 earnings: Adjusted net income increased 51% from the prior quarter to $9.1 billion, or $4.03 per diluted share, exceeding expectations. Net income rose 127% year over year, supported by historically high refining margins, favorable natural-gas conditions and higher oil prices. TotalEnergies SE Third Quarter 2026 Results
• Positive Sentiment: Cash flow and full-year performance strengthened: Cash flow from operations excluding working capital rose 25% sequentially to $12.3 billion, while nine-month adjusted net income climbed 75% to $20.5 billion. These results support continued shareholder returns and balance-sheet flexibility. TotalEnergies third-quarter profit up 127%
• Positive Sentiment: Dividend increased: TotalEnergies approved a third interim dividend of €0.90 per share for fiscal 2026, representing a 5.9% increase from 2025. The higher payout may appeal to income-oriented investors. TotalEnergies third interim dividend
• Positive Sentiment: U.S. exploration footprint expanded: TotalEnergies acquired a 25% interest in 26 Chevron-operated offshore exploration leases in the Green Canyon and Walker Ridge areas. The transaction broadens its U.S. portfolio and deepens its partnership with Chevron. TotalEnergies enters Chevron-operated offshore exploration blocks
• Positive Sentiment: Analyst support: Erste Group Bank raised its earnings estimates for TTE, indicating that the strong operating environment and quarterly results could lead to higher forecasts.
• Neutral Sentiment: Top-line results were mixed: Although earnings per share beat consensus, coverage characterized revenue performance as a miss, leaving investors sensitive to commodity prices, refining margins and natural-gas market conditions.
• Negative Sentiment: Commodity and geopolitical exposure remain risks: The earnings surge benefited from unusually favorable energy prices and heightened geopolitical tensions. A normalization in oil, gas or refining markets could reduce profits in coming quarters.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on TTE shares. Morgan Stanley set a $90.00 target price on shares of TotalEnergies and gave the company an “equal weight” rating in a research report on Thursday, September 3rd. Wall Street Zen upgraded shares of TotalEnergies from a “hold” rating to a “buy” rating in a research note on Monday, August 31st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of TotalEnergies in a report on Thursday, October 22nd. Piper Sandler raised their price objective on TotalEnergies from $84.00 to $93.00 and gave the stock a “neutral” rating in a report on Thursday, September 3rd. Finally, JPMorgan Chase & Co. downgraded TotalEnergies from an “overweight” rating to a “neutral” rating in a report on Wednesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $92.71.

TotalEnergies Price Performance

The company has a debt-to-equity ratio of 0.38, a current ratio of 1.06 and a quick ratio of 0.85. The company has a 50 day moving average price of $89.39 and a 200 day moving average price of $84.76. The firm has a market cap of $225.05 billion, a PE ratio of 11.77 and a beta of 0.18.

TotalEnergies (NYSE:TTE) last announced its quarterly earnings data on Friday, October 30th. The company reported $4.03 EPS for the quarter, topping analysts’ consensus estimates of $3.84 by $0.19. TotalEnergies had a net margin of 8.29% and a return on equity of 15.66%. The company had revenue of $61.86 billion during the quarter, compared to the consensus estimate of $55.39 billion. Sell-side analysts expect that TotalEnergies SE Sponsored ADR will post 12.70 EPS for the current fiscal year.

Institutional Investors Weigh In On TotalEnergies

A number of hedge funds have recently added to or reduced their stakes in TTE. BIP Wealth LLC boosted its stake in shares of TotalEnergies by 4.0% during the 3rd quarter. BIP Wealth LLC now owns 2,896 shares of the company’s stock worth $248,000 after acquiring an additional 111 shares in the last quarter. Visionary Horizons LLC raised its holdings in TotalEnergies by 3.4% during the 3rd quarter. Visionary Horizons LLC now owns 3,396 shares of the company’s stock worth $290,000 after purchasing an additional 112 shares during the last quarter. Obermeyer Wealth Partners boosted its holdings in TotalEnergies by 0.6% during the third quarter. Obermeyer Wealth Partners now owns 20,591 shares of the company’s stock worth $1,765,000 after buying an additional 119 shares during the last quarter. Crumly & Associates Inc. increased its stake in TotalEnergies by 1.6% during the 3rd quarter. Crumly & Associates Inc. now owns 9,206 shares of the company’s stock worth $787,000 after purchasing an additional 148 shares in the last quarter. Finally, Fiduciary Financial Group LLC raised its position in TotalEnergies by 5.9% in the 2nd quarter. Fiduciary Financial Group LLC now owns 2,767 shares of the company’s stock valued at $215,000 after buying an additional 154 shares during the last quarter. Institutional investors and hedge funds own 16.53% of the company’s stock.

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.