TotalEnergies: Remains A Buy If Energy Prices Stay Elevated

Impact · against what's priced in

TotalEnergies exhibits strong upside potential due to current Brent prices ($110) significantly exceeding the company's $80 baseline for its free cash flow growth projections. Robust production targets and committed shareholder returns further support a bullish outlook.

TTE+0.60

No priced-in read yet

In context

The current Brent price of $110 provides significant upside to the projected $10 billion increase in free cash flow, which was modeled on a more conservative $80 price.

Read from the article alone

• energy▲15%
• dividends
• oil
• TTE
• france
• free cash flow
• gas
• share buybacks
• supermajors