TotalEnergies is a French energy giant that finds, refines, and sells oil and gas, plus runs a growing network of EV charging points and renewable power projects.
Money comes from selling oil, gas, and refined products across its integrated chain. Gross margin is around 30%, with net margin near 9% — commodity-driven, so profits swing with energy prices.
Scale and decades of access to oil and gas fields create real barriers, but the shift to renewables and EVs — pushed by competitors like Shell and BP — is eroding the traditional fossil-fuel advantage.
Strong Buy (sector percentile 92) — value A-, growth B-, profitability C+, momentum B-, revisions A+. Updated daily, sector-relative, identical for every user.

Key events, in time order
Company decides to appeal Paris court's June 25 climate judgment
Q2 results confirmed profit +67% YoY, strong cash flow, net debt cut to $19.71B; also announced interim dividend of €0.90/share, up 5.9%.
Dividend up 5.9% vs 2025, released with Q2 results
Amova raises stake 38.3%, Baader 29.4%, extending prior DekaBank accumulation
Two institutions disclose increased stakes in 13F filings, indicating rising interest
Company cites extended energy price rises due to Iran war, lifting Q2 profit outlook
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