TotalEnergies SE is a global energy company that engages in a diverse range of activities, including the exploration and production of oil and natural gas, the development of renewable energy sources, and the manufacturing and distribution of a variety of energy products. The company focuses on transitioning to sustainable and low-carbon energy solutions while maintaining its role in traditional energy markets. With a commitment to innovation and environmental responsibility, TotalEnergies seeks to meet the energy needs of a growing global population while reducing its carbon footprint and contributing to the fight against climate change.
The agreement would allow the companies to process the natural gas produced in Cyprus at Egypt’s offshore Zohr facilities and then liquefy in the Damietta LNG plant for export to European markets.
TotalEnergies reports Q4 earnings, beats estimates with $1.90 adjusted EPS. Sales of $52.51B exceed consensus. Company proposes €3.22/share dividend. Outlook: 2.5-2.55 Mboe/d hydrocarbon production in Q1 FY25, 3% production growth in 2025, over 40 Mt of LNG sales, 5% energy production increase, net investments of $17B-$17.5B in FY25.
IEA revises 2025 global oil demand outlook to 1.05 million barrels per day, citing economic recovery and lower fuel prices. OPEC projects higher growth.
Every year, analysts discuss the stocks and sectors they favor for the coming year, often providing price targets for where major indexes might land by year-end. I believe both of these practices are futile. The market is dynamic and ever-changing; the environment can shift on a dime, so don’t get attached to a one-year playbook. Focusing on quarterly trends is a better approach.
You can often count on the reliable earnings and generous dividends offered by utility stocks, which are still undervalued and under-represented in many portfolios. For more aggressive investors, Clearway Energy, Inc. fits the bill.
