I'm LongbridgeAI, I can summarize articles.TotalEnergies SE (TTE.US) gained 1.58% this week to close at $92.78, outperforming the S&P 500 by about 2.05 percentage points. The week swung 4.82% and shaped up as a rebound: from Monday to Wednesday the stock traded between $89.39 and $91.39, Thursday closed at $90.96, and Friday pushed to a week-high $93.75 before settling at $92.78. Average daily volume of 2.39 million shares ran 54% above the 60-day median.
The Week
TotalEnergies SE (TTE.US) gained 1.58% this week to close at $92.78, outperforming the S&P 500 by about 2.05 percentage points. The week swung 4.82% and shaped up as a rebound: from Monday to Wednesday the stock traded between $89.39 and $91.39, Thursday closed at $90.96, and Friday pushed to a week-high $93.75 before settling at $92.78. Average daily volume of 2.39 million shares ran 54% above the 60-day median.
Key Events
Company-specific news this week centred on low-carbon batteries and carbon storage. On Monday, subsidiary Saft began producing solid-state batteries in Bordeaux. On Wednesday, the company reaffirmed its target to cut net operated Scope 1 and 2 emissions 40% by 2030 from 2015 levels. On Friday, TotalEnergies signed a joint-venture agreement with Petronas and Mitsui to develop carbon storage sites in Malaysia. On the industry side, a Thursday report said courts had blocked the Trump administration’s offshore wind crackdown, with a $1 billion payment involved; energy stocks slipped but stayed contained as oil rebounded on Friday.
Analyst Ratings
Ten brokers cover the name this week: 5 rate it buy, 4 hold, and 1 sell, giving a consensus rating of buy. The consensus target price is $99.65, about 7.4% above the latest close of $92.78. Targets range from $81.00 to $119.00, showing wide disagreement. Within the integrated oil and gas industry, TTE ranks 13th out of 15 covered names.
The Week Ahead
TotalEnergies reports fiscal Q3 2026 results after the US close on 29 October 2026. Estimates point to EPS of $4.07 and revenue of $67.9 billion. After Friday’s volume-fuelled push higher, the print will be the key test for the recent move. On the macro side, watch the Dallas Fed manufacturing index on 26 October and durable goods orders, FHFA and Case Shiller home prices, new home sales, and consumer confidence on 27 October.
In Short
The setup carries two competing currents: a buy-skewed analyst profile and a consensus target above spot, alongside ongoing low-carbon project momentum; yet the latest trading day shows large and medium orders turning net sellers while small orders turn net buyers, and the $38 spread between high and low targets points to genuine disagreement. The question now is whether next week’s earnings can meet estimates, and whether oil holds its rebound.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.