TotalEnergies (NYSE:TTE) Posts Earnings Results, Beats Estimates By $0.19 EPS

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

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 Price Performance

Shares of TTE traded up $1.36 during mid-day trading on Friday, reaching $95.39. 1,272,508 shares of the stock traded hands, compared to its average volume of 1,791,094. The company has a current ratio of 1.06, a quick ratio of 0.85 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 company has a market cap of $228.71 billion, a price-to-earnings ratio of 11.94 and a beta of 0.18. The firm has a fifty day moving average price of $89.47 and a 200 day moving average price of $84.91.

TotalEnergies News Roundup

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on TTE. Mizuho set a $108.00 price target on shares of TotalEnergies in a report on Friday, October 16th. HSBC raised shares of TotalEnergies from a “hold” rating to a “buy” rating in a research report on Friday, September 25th. Morgan Stanley downgraded shares of TotalEnergies from an “overweight” rating to an “equal weight” rating and set a $90.00 target price for the company. in a research note on Thursday, September 3rd. Weiss Ratings restated a “buy (b)” rating on shares of TotalEnergies in a research note on Thursday, October 22nd. Finally, Piper Sandler raised their price objective on shares of TotalEnergies from $84.00 to $93.00 and gave the stock a “neutral” rating in a report on Thursday, September 3rd. One investment 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $92.71.

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.