QM · rank #18 · 2026-10-20
TTE
PARIS · EUR · $199.97B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +60.46% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +14.5% |
| Profit margin Net profit margin, trailing 12 months. | +9.1% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $199.97B |
| Anchor (recent) Close on 2026-09-18 | $79.32 |
| Anchor (far) Close on 2025-09-19 | $49.43 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
TotalEnergies is a globally integrated energy major with material LNG, upstream, refining, chemicals, and renewables operations across ~120 countries, targeting ~3% annual production growth through 2030.
Rationale
The 0.60 12-1 momentum score is reinforced by concrete fundamental drivers — surging refining margins ($33.2/bbl vs. $8.4/bbl YoY), $9.8B Q2 cash flow, and accelerating LNG project FIDs — giving the quality-momentum signal genuine earnings-cycle backing rather than pure sentiment rotation.
Material risks
- 1Commodity price reversal is the primary thesis-breaker — the refining margin surge and LNG uplift are partly conflict-driven, and a normalization would compress the very cash flows underpinning both the ROE (14.5%) and momentum signal simultaneously.
- 2LNG and upstream project execution risk is concentrated in geopolitically exposed jurisdictions (Qatar, Papua New Guinea, Nigeria, Azerbaijan), where a single permitting failure or sanctions event could delay the 2030 cash-flow growth targets management has guided to.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.