TotalEnergies (TTE) Earnings: Strong Q4 European Refining Margin Boosts Downstream Outlook

TotalEnergies on Smartkarma

Analyst coverage of TotalEnergies on Smartkarma provides a diverse range of insights on the company’s performance. Suhas Reddy‘s Earnings Review highlights how TotalEnergies beat revenue forecasts but missed EPS estimates in Q3, facing challenges with falling revenue and net income. The company announced buybacks and dividends despite a 27% YoY drop in cash flow. Conversely, in the [Pre Earnings Options Flash], the sentiment is more optimistic with neutral OI PCR implying a positive outlook, although short interest rose sharply in October, indicating some market caution.

Moreover, Suhas Reddy‘s Earnings Preview warns of TotalEnergies‘ risks from oil price declines while noting improved gas prices offering relief. Despite expectations of revenue and EPS declines in Q3, the company showcases long-term growth prospects through its focus on LNG and solar energy. Additionally, the [Earnings Review] emphasizes TotalEnergies‘ challenges of missing revenue and EPS estimates, largely impacted by lower sales and shrinking margins, demonstrating the complexity of analyst sentiments surrounding TotalEnergies‘ performance.

A look at TotalEnergies Smart Scores

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 the Smartkarma Smart Scores, TotalEnergies appears to have a promising long-term outlook. The company has received high scores in several key areas, including a top score for Dividend and strong scores for Value, Growth, and Resilience. These scores indicate that TotalEnergies is likely to perform well in terms of providing returns to investors through dividends, maintaining its value, and showing potential for growth while being resilient in challenging market conditions. Although its Momentum score is slightly lower, the overall positive Smart Scores suggest that TotalEnergies is positioned favorably for the future.

TotalEnergies, formerly known as TOTAL S.A., is involved in various aspects of the oil and gas industry, from exploration and production to refining, transportation, and marketing. Additionally, the company operates a chemical division that produces a range of products essential to various industries. With its extensive presence in gasoline filling stations across Europe, the United States, and Africa, TotalEnergies has established itself as a significant player in the energy sector with a diversified portfolio.

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