Added to YB: 2025-11-20
Pitch date: 2025-11-18
TTE [bullish]
TotalEnergies SE
-1.07%
current return
Author Info
Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.
Company Info
TotalEnergies SE, a multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.
Market Cap
EUR 141.5B
Pitch Price
EUR 56.10
Price Target
N/A
Dividend
6.01%
EV/EBITDA
4.72
P/E
10.60
EV/Sales
0.98
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
TotalEnergies (TTE France): powering up Europe’s grid with a bold move into flexible generation
TTE (quick overview): €5.1B deal for 50% stake in 14GW gas/renewable portfolio from EPH across Europe. Becomes 3rd largest CCGT operator, accelerates iPower profitability by 1yr, targets 12%+ ROIC. 7.6x EV/EBITDA vs peers, funded via 4% equity dilution. Balances renewable growth with flexible gas generation for grid stability.
Read full article (2 min)