TotalEnergies SE is a French oil and gas company and one of the "supermajor" oil companies. Founded in 1924, it is headquartered in Paris and covers the entire oil and gas chain: from exploration and production to transportation and power generation.
What affects the value of TTE shares? TotalEnergies' revenue directly depends on oil prices, which are influenced by many factors: the oil price war between Saudi Arabia and Russia, changes in production volumes and demand for petroleum products. Also, the TTE stock price depends on the public image of TotalEnergies. Controversies involving environmental concerns, such as accusations of downplaying climate risks made in 2021, may have a negative effect on the TTE price. On the other hand, TotalEnergies is transforming its operations towards renewable energy: it builds wind turbines in the Baltic Sea, increases solar energy production (including through the acquisition of 20% of Adani Green Energy Limited in 2021). The company's success in the renewable energy sector has a positive impact on the TTE stock price.
When trading TTE stocks, traders should follow the news from the entire oil and gas industry. TotalEnergies has large competitors (Royal Dutch Shell, BP, ExxonMobil) that are also exploring renewable energy technologies and markets. The great success of one of those corporations may negatively affect the TTE stock price.
The stock price of TotalEnergies is influenced by global turmoils: major epidemics, financial crises, military conflicts. Another important factor is the company's financial indicators. Even in times of financial crises, such oil "supermajors" as TotalEnergies can increase its profits. Positive financial reports will have a positive effect on the TTE stock price.
Risk warning: Trading in FX and CFDs entails high risk of losing capital.
Sell | 62.27 |
Buy | 62.28 |
Sentiment | 100% ▴ |
1-day change | -0.04(-0.06%) |
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TotalEnergies SE operates in exploration & production; integrated gas, renewables & power; refining & chemicals; and marketing & services segments. In June 2021, the company was renamed TotalEnergies. Previously, it was called Total. This change was caused by a new policy aimed at LNG, renewables, and electricity. The company expects to reduce its oil product sales from 55% to 30% of total sales by 2030.
TotalEnergies SE’s stock is listed in Paris (ticker "TTE," the primary listing), Brussels (ticker "TTE"), and London (ticker "TTE"), and it’s traded as American Depositary Receipts (ticker "TTE") on the New York Stock Exchange. TotalEnergies is included in numerous global stock market indices. The most influential ones are CAC 40, Euro Stoxx 50, STOXX 600, and S&P Global 100.
The company pays dividends to its shareholders. Although the oil and gas markets are highly volatile, TotalEnergies manages to remain stable. The dividend payments vary year to year due to constantly changing market conditions. Still, the average dividend yield is at a promising level and even above the market average. The dividend size has been growing for over a decade. The company has over 550,000 shareholders. However, the stock price suffers significant price fluctuations. Thus, CFD trading may be a more beneficial option.
Institutional investors own only 11% of TotalEnergies’ outstanding shares. Although the percentage is low, it’s worth considering leading stockholders. They own a large number of shares. Thus, if any of them decides to sell them, the stock price may plunge.
Traders should pay close attention to financial reports. The company’s revenue growth has been negative over the recent years. The earnings growth significantly varies. Moreover, TotalEnergies SE doesn’t seem effective at generating profits from the available base of equity, assets, and capital employed.
As TotalEnergies SE operates in the oil and gas industries, it has been involved in many court cases. Mostly, offenses are related to competition, environment, government contracting, financial, and employment issues. When trading the stocks, check whether there are ongoing conflicts, as they may dramatically harm the company’s finances.