- TotalEnergies‘ European refining margin stands at $29.4 per ton, marking a 14% increase from the previous quarter.
- The price of Brent crude oil is at $75.70 per barrel, showing a slight increase of 1.3% quarter-over-quarter.
- Average liquids price has risen to $72.20 per barrel, a 0.6% increase from the previous quarter.
- The average gas price is now $6.60 per mBtu, reflecting a 5.4% increase quarter-over-quarter.
- Average LNG price per mBtu has decreased by 3.6% from the last quarter to $10.00.
- Refining & Chemicals results are anticipated to be consistent with the fourth quarter of 2024, influenced by slightly higher refining margins and improved utilization rates.
- Petrochemical and biofuel margins in Europe are under pressure due to overcapacities.
- Hydrocarbon production for the first quarter of 2025 is expected to be at the upper end of the guidance range, increasing nearly 4% compared to the first quarter of 2024.
- Integrated Power results are expected between $450 million and $500 million, similar to the second and third quarters of 2024, without gains from farm-downs for this quarter.
- LNG results are anticipated to improve year-on-year, with the average LNG price at $10 per mBtu, albeit being lower than the fourth quarter of 2024.
- Analysts’ recommendations include 18 buys, 9 holds, and 2 sells for TotalEnergies.
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TotalEnergies on Smartkarma
Analyst coverage on TotalEnergies by Suhas Reddy on Smartkarma reveals varying sentiments and insights. In an earnings preview, TotalEnergies is seen banking on LNG growth to counter weak oil prices, with expectations of revenue and EPS decline for Q4 and 2024. The company anticipates gains from higher LNG output and prices, distinguishing itself from peers. Conversely, in an earnings review, TotalEnergies‘ profitability is weighed down by a sharp decline in refining margins, with falling revenue and net income in Q3 but with announcements of buybacks and dividends to mitigate the situation.
Moreover, in another analysis, TotalEnergies faces the risk of oil price declines but finds relief in better gas prices. Short interest rises alongside expectations of revenue and EPS declines in Q3, driven by weaker crude prices and refining margins. The company’s focus on LNG and solar energy operations is highlighted for its long-term growth prospects. TotalEnergies aims to increase gas prices to partially offset the impact of lower oil prices, as it sets ambitious targets for its sales mix by 2030.
A look at TotalEnergies Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.0 |
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’s Smart Scores, TotalEnergies appears to have a promising long-term outlook. The company excels in areas such as dividends and value, receiving high scores of 5 and 4 respectively. This suggests that TotalEnergies is financially stable and has the potential to provide attractive returns to investors. Additionally, the company scores well in growth and resilience, indicating that it has opportunities for expansion and can withstand economic challenges. While the momentum score is slightly lower at 3, the overall positive scoring across key factors bodes well for TotalEnergies‘ future performance.
As an oil and gas exploration company with a diversified portfolio that also includes a chemical division, TotalEnergies is positioned as a major player in the energy industry. With operations spanning across various regions, including Europe, the United States, and Africa, the company has established a strong presence in the global market. By focusing on areas such as refining, transportation, and marketing, TotalEnergies continues to play a vital role in meeting energy demand worldwide while also investing in innovative technologies and sustainable practices for long-term growth.
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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