- Brent crude oil price increased by 1.8% quarter-on-quarter to $69.1/b.
- Average liquids price rose by 1.4% q/q to $66.5/b.
- Average gas price decreased by 2.3% q/q to $5.50/Mbtu.
- Average LNG price dropped by 2.1% q/q to $8.91/Mbtu.
- European refining margin jumped by 78% q/q, reaching $63.0/t.
- Exploration & Production results and cash flow are expected to outpace the 4% production growth due to new barrel impact.
- Despite a $10/b year-on-year drop in oil price, overall results and cash flow are projected to increase by 0 to 5%.
- Downstream segment results and cash flow expected to improve by $400 to $600 million year-on-year.
- Refining margin improvement in Europe from $15/t in 3Q24 to $63/t despite turnarounds at Antwerp and Port Arthur.
- Oil and gas production anticipated to be 2.5 Mboe/d for 3Q25, a 4% year-on-year increase.
- Production growth surpasses annual and quarterly guidance of more than 3%, despite planned turnaround at Ichthys LNG affecting ~50kboe/d.
- Integrated Power results and cash flow anticipated to align with 2Q25 and meet annual guidance.
- Analyst ratings include 20 buys, 7 holds, and 2 sells.
A look at TotalEnergies Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, TotalEnergies shows a promising long-term outlook with strong overall ratings. With high scores in Dividend and Value, TotalEnergies indicates a solid financial standing and a commitment to rewarding shareholders. The company’s respectable scores in Growth, Resilience, and Momentum suggest a stable and gradually evolving business model that is likely to withstand market fluctuations and show gradual progress over time.
TotalEnergies, previously known as TOTAL S.A., is engaged in various aspects of the oil and gas industry, from exploration and production to refining and marketing. Additionally, the company operates a chemical division producing a range of products. With a diversified portfolio and a significant presence in key markets, TotalEnergies appears well-positioned for sustainable growth and delivering reliable returns to investors in the foreseeable future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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