- TotalEnergies (TTE, Financial) aims for high Q1 production, buoyed by favorable refining margins.
- Analysts' average price target suggests a potential 26.21% upside.
- The stock holds an "Outperform" rating with a GF Value upside of 16.6%
TotalEnergies (TTE) is on track to achieve its projected first-quarter oil and gas production, targeting the upper end of its forecast. This optimistic outlook is supported by improved refining margins. The anticipated production for Q1 is expected to hit between 2.5M-2.55M barrels of oil equivalent per day (boe/day), surpassing the Q4 2024 figure of 2.43M boe/day. Despite slightly lower refining margins compared to the previous year, the company predicts an increase in exploration and production earnings.
Wall Street Analysts Forecast
In assessing the potential of TotalEnergies SE (TTE, Financial), 12 analysts have set a one-year average price target of $71.62, with projections ranging from a high of $82.00 to a low of $60.00. This average target suggests a promising 26.21% upside from the current price of $56.75. For comprehensive details, visit the TotalEnergies SE (TTE) Forecast page.
The consensus among 12 brokerage firms positions TotalEnergies SE (TTE, Financial) with an average brokerage recommendation of 2.5, indicating an "Outperform" status. This rating operates on a scale from 1 to 5, where 1 represents Strong Buy, and 5 represents Sell.
According to GuruFocus estimates, the estimated GF Value for TotalEnergies SE (TTE, Financial) in the coming year is $66.17, suggesting a 16.6% upside from its current price of $56.75. The GF Value is GuruFocus' calculation of the fair value the stock should ideally trade at, derived from historical trading multiples, past business growth, and anticipated future business performance. For more in-depth data, please visit the TotalEnergies SE (TTE) Summary page.
