TotalEnergies SE (MEX:TOT N) Refining Margin per USD Barrel (USD): 0.00 (As of . 20)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:TOT N TotalEnergies SE MEX:TOT N
64 GF Score
Price MXN1,195.56
GF Value MXN993.56
! 3 Warning Signs
View Full Analysis

What is TotalEnergies SE Refining Margin per USD Barrel (USD)?

TotalEnergies SE MEX:TOT N -0.68% 64 Refining Margin per USD Barrel (USD) is 0.00 as of . 20. GuruFocus rates MEX:TOT N with a GF Score™ of 64/100 and a GF Value™ of MXN993.56. The stock has 3 warning signs investors should review.

The gross refining margin is the difference between the value of petroleum products when they leave the refinery and the value of the crude oil entering the refinery. Refining Margin per USD Barrel (USD) is calculated as the refining margin divided by the total number of barrels the company produced.

The historical rank and industry rank for TotalEnergies SE's Refining Margin per USD Barrel (USD) or its related term are showing as below:

MEX:TOT N's Refining Margin per USD Barrel (USD) is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Refining Margin per USD Barrel (USD) only.

TotalEnergies SE  (MEX:TOT N) Refining Margin per USD Barrel (USD) Explanation

The gross refining margin is the difference between the value of petroleum products such as gasoline and diesel when they leave the refinery and the value of the crude oil entering the refinery. Refining Margin per USD Barrel (USD) is a measure of the value contribution of the refinery per unit of input.

TotalEnergies SE Refining Margin per USD Barrel (USD) Related Terms

TotalEnergies SE Refining Margin per USD Barrel (USD) Historical Data

* Premium members only.

The historical data trend for TotalEnergies SE's Refining Margin per USD Barrel (USD) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TotalEnergies SE Refining Margin per USD Barrel (USD) Chart


MEX:TOT N
64GF Score
TotalEnergies SE MEX:TOT N
Refining Margin per USD Barrel (USD) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TotalEnergies SE  (MEX:TOT N) Refining Margin per USD Barrel (USD) Calculation

Refining Margin per USD Barrel (USD) is calculated as

Refining Margin per USD Barrel (USD)=Refining Margin / Total Number of Barrels

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions
What does a Refining Margin per USD Barrel (USD) of 0.00 mean?
TotalEnergies SE (MEX:TOT N) has a Refining Margin per USD Barrel (USD) of 0.00 as of . 20. Refining Margin per USD Barrel is a measure of the value contribution of the refinery per unit of input. View historical data on TotalEnergies SE and its competitors.
Is TotalEnergies SE's Refining Margin per USD Barrel (USD) too high?
TotalEnergies SE's current Refining Margin per USD Barrel (USD) is 0.00. Overall, TotalEnergies SE has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does TotalEnergies SE's Refining Margin per USD Barrel (USD) compare to XOM and CVX?
TotalEnergies SE's Refining Margin per USD Barrel (USD) of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Refining Margin per USD Barrel (USD) for an Oil & Gas company?
A good Refining Margin per USD Barrel (USD) depends on the Oil & Gas industry context. However, Refining Margin per USD Barrel (USD) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Refining Margin per USD Barrel (USD) mean?
A high Refining Margin per USD Barrel (USD) can signal that a stock is expensive relative to its fundamentals. Refining Margin per USD Barrel is a measure of the value contribution of the refinery per unit of input. View historical data on TotalEnergies SE and its competitors. TotalEnergies SE's current Refining Margin per USD Barrel (USD) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TotalEnergies SE stock overvalued right now?
TotalEnergies SE (MEX:TOT N) has a current Refining Margin per USD Barrel (USD) of 0.00. The stock's GF Value™ is MXN993.56, compared to a current price of MXN1,195.56 — trading 20.3% above its estimated fair value. The current Refining Margin per USD Barrel (USD) is 0.00. TotalEnergies SE's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Refining Margin per USD Barrel (USD) calculated?
Refining Margin per USD Barrel (USD) is calculated from a company's financial statements. For TotalEnergies SE (MEX:TOT N), the current Refining Margin per USD Barrel (USD) is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TotalEnergies SE (MEX:TOT N) Overvalued in 2026?

Based on GuruFocus' analysis, TotalEnergies SE stock appears to be overvalued. The current stock price of MXN1,195.56 is trading 20.3% above its estimated GF Value™ of MXN993.56.

Key valuation signals for MEX:TOT N:

  • Refining Margin per USD Barrel (USD): 0.00
  • GF Value™: MXN993.56 vs. price of MXN1,195.56 (20.3% above fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the MEX:TOT N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TotalEnergies SE Business Description

Industry EnergyOil & Gas
Address 2, Place Jean Millier, La Defense 6, Courbevoie, FRA, 92400
TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, it produced 1.5 million barrels of liquids and 5.4 billion cubic feet of natural gas per day. At the end of 2025, reserves stood at 11.2 billion barrels of oil equivalent, 55% of which are liquids. During 2025, it had LNG sales of 43.9 million metric tons. The company owns interests in refineries with a capacity of nearly 1.8 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. At year-end, its gross installed renewable power generation capacity was 34 gigawatts.
64GF Score

Get the complete analysis for MEX:TOT N

Refining Margin per USD Barrel (USD) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,195.56
Price
MXN993.56
GF Value