(TTE) TotalEnergies SE - Ratings and Ratios

TotalEnergies SE is a multifaceted energy conglomerate with a diverse portfolio that spans traditional fossil fuels, such as oil and natural gas, to renewable energy sources, including solar and wind power, as well as biofuels and low-carbon hydrogen. The companys operations are segmented into five key areas: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services. This diversified structure allows TotalEnergies to navigate the complex energy landscape, balancing traditional energy sources with the growing demand for cleaner, more sustainable options.

The companys Exploration & Production segment focuses on the discovery and extraction of oil and natural gas, while the Integrated LNG segment encompasses the entire LNG value chain, from upstream production to midstream activities, and includes biogas and hydrogen production. The Integrated Power segment is involved in electricity generation, storage, and trading, as well as the distribution of gas and electricity to businesses and consumers. The Refining & Chemicals segment is responsible for refining crude oil, producing petrochemicals, and manufacturing specialty chemicals, alongside oil supply, trading, and shipping activities. Lastly, the Marketing & Services segment handles the supply and marketing of petroleum products.

With a history dating back to 1924 and headquartered in Courbevoie, France, TotalEnergies has evolved significantly over the years, rebranding from TOTAL SE to TotalEnergies SE in June 2021 to reflect its expanding focus on renewable energy and a more diversified energy mix. For more information, you can visit their official website at https://www.totalenergies.com.

From a technical analysis perspective, TotalEnergies SEs stock (TTE) is currently priced at 51.66 EUR, slightly below its SMA20 at 51.98 EUR and further away from its SMA50 and SMA200 at 53.30 EUR and 55.66 EUR, respectively. The Average True Range (ATR) stands at 0.99, equivalent to 1.92%, indicating moderate volatility. The stock has seen a 52-week high of 63.15 EUR and a low of 48.26 EUR, suggesting a significant range of price movement over the past year.

Fundamentally, TotalEnergies boasts a market capitalization of 114.1 billion EUR, with a P/E ratio of 9.84 and a forward P/E of 8.08, indicating a potentially undervalued stock given its growth prospects. The companys Return on Equity (RoE) stands at 11.84%, reflecting a solid ability to generate profits from shareholder equity.

Forecasting the future performance of TotalEnergies SE involves analyzing both its technical and fundamental data. Given its current price is below key moving averages and considering the ATR for volatility, theres potential for the stock to move towards its SMAs. Fundamentally, the companys diversified energy portfolio positions it well for the transition to cleaner energy, potentially justifying a higher valuation. With a forward P/E of 8.08, if earnings grow as expected, the stock could see an upward revaluation. Therefore, a potential forecast could see the stock price moving towards 55 EUR in the short term, as it approaches its SMA50, assuming the current trends in the energy sector continue and the company meets its growth expectations.