TotalEnergies SE buys shares worth EUR 103M

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Shriram SScanX News Team
Key Highlights

TotalEnergies SE executed share repurchases between July 6 and July 10, 2026, acquiring 1,510,048 shares for EUR 102,987,680.64. Following this, the company purchased 1,462,893 shares for EUR 102,951,933.35 from July 13 to July 17, 2026. These transactions, conducted across multiple market venues including Euronext Paris and CBOE Europe, were authorized by the shareholders’ general meeting on May 29, 2026.

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TotalEnergies SE repurchased 1,510,048 of its own shares between July 6 and July 10, 2026, for a total consideration of EUR 102,987,680.64. The transactions were executed pursuant to authorizations granted by the shareholders’ general meeting on May 29, 2026, and in accordance with applicable share repurchase laws. The daily weighted average purchase price across the period was EUR 68.201594 per share.

The buyback activity spanned five trading days and involved multiple market venues, including Euronext Paris (XPAR), CBOE Europe (CEUX), Aquis Exchange (AQEU), and Turquoise (TQEX). The highest volume was traded on Euronext Paris, where the company acquired 850,048 shares. The total expenditure on the Euronext Paris platform alone amounted to EUR 57,290,590.56.

In a subsequent disclosure, TotalEnergies SE declared the purchase of an additional 1,462,893 shares from July 13 to July 17, 2026. The total consideration for this period was EUR 102,951,933.35, with a daily weighted average purchase price of EUR 70.375573 per share. These transactions were also conducted under the authorizations granted by the shareholders’ general meeting on May 29, 2026.

Breakdown of Transactions

The following table details the daily share repurchases made by TotalEnergies SE during the period from July 13 to July 17, 2026:

Transaction Date Total daily volume (number of shares) Daily weighted average purchase price of shares (EUR/share) Amount of transactions (EUR) Market (MIC Code)
13/07/2026 184,452 69.955760 12,903,479.84 XPAR
13/07/2026 80,000 69.935377 5,594,830.16 CEUX
13/07/2026 10,000 69.946473 699,464.73 TQEX
13/07/2026 20,000 69.931716 1,398,634.32 AQEU
14/07/2026 178,638 71.472530 12,767,709.81 XPAR
14/07/2026 80,000 71.482197 5,718,575.76 CEUX
14/07/2026 10,000 71.477282 714,772.82 TQEX
14/07/2026 20,000 71.483230 1,429,664.60 AQEU
15/07/2026 180,523 71.004389 12,817,925.32 XPAR
15/07/2026 80,000 71.007357 5,680,588.56 CEUX
15/07/2026 10,000 71.008565 710,085.65 TQEX
15/07/2026 20,000 71.017438 1,420,348.76 AQEU
16/07/2026 186,263 69.256021 12,899,834.24 XPAR
16/07/2026 80,000 69.265353 5,541,228.24 CEUX
16/07/2026 10,000 69.272820 692,728.20 TQEX
16/07/2026 20,000 69.270342 1,385,406.84 AQEU
17/07/2026 183,017 70.223695 12,852,129.99 XPAR
17/07/2026 80,000 70.221582 5,617,726.56 CEUX
17/07/2026 10,000 70.227435 702,274.35 TQEX
17/07/2026 20,000 70.226230 1,404,524.60 AQEU
Total 1,462,893 70.375573 102,951,933.35

Regulatory Context

The share repurchases are part of a broader strategy authorized by TotalEnergies SE's shareholders. The authorization allows the company to trade its own shares to manage capital structure and enhance shareholder value. All transactions were conducted in compliance with relevant regulations and disclosed to the market.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will TotalEnergies utilize the repurchased shares, and what impact will this have on the company's earnings per share?

What is the remaining capacity under the current share repurchase authorization, and does the company plan to continue buybacks at this pace?

How might the rising average purchase price between the two trading periods affect the company's capital allocation strategy moving forward?

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TotalEnergies ships first LNG cargo from Mexico terminal

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Reviewed by
Suketu GScanX News Team
Key Highlights

TotalEnergies SE shipped its first LNG cargo from the ECA LNG export terminal in Mexico, securing a 16.6% stake and a 20-year offtake agreement for 1.7 million tonnes annually. The company also sold its European distributed solar assets to focus on utility-scale projects. Analysts expect earnings of $2.75 per share on revenue of $51.90 billion for the upcoming report.

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TotalEnergies SE shipped the first LNG cargo from the ECA LNG export terminal in Baja California, Mexico, marking a key milestone as the facility nears commercial operations. The company owns a 16.6% stake in the project and will offtake 1.7 million tonnes of LNG annually for 20 years once operations begin. This development strengthens the company's position in the global energy market by securing long-term supply capacity.

Separately, TotalEnergies completed the sale of its distributed solar assets in Europe. The company exited this business to focus on larger utility-scale solar and wind projects without slowing its renewable energy expansion. This strategic reallocation of resources aims to optimize its portfolio for higher efficiency and growth in the renewable sector.

Financial and Market Metrics

TotalEnergies is set to report earnings on July 23, 2026. Analysts estimate an EPS of $2.75, up from $1.57 year-over-year, and revenue of $51.90 billion, up from $49.63 billion. The stock currently trades at a P/E of 11.7x, indicating a value opportunity relative to peers.

Metric Value
EPS Estimate $2.75
Revenue Estimate $51.90 Billion
P/E Ratio 11.7x
52-Week High $94.17
52-Week Low $57.39

Technical Analysis and Analyst Ratings

In premarket trading, TTE was down 0.47% at $78.50. The stock is trading below its short- and medium-term trend gauges, 2.7% below the 20-day SMA ($80.91) and 9.2% below the 50-day SMA ($86.71). However, the longer-term backdrop remains constructive with the stock 4.4% above the 200-day SMA ($75.34). Key resistance is identified at $93.50, while support stands at $63.50.

The stock carries a Hold rating with an average price target of $83.00. Recent analyst actions include CICC initiating with an Outperform rating, Scotiabank raising its target to $97.00, and Piper Sandler raising its target to $92.00.

ETF Exposure

TotalEnergies holds significant weight in several major ETFs, including the SPDR DJ Euro STOXX 50 ETF (FEZ) at 2.86%, the SPDR S&P Global Natural Resources ETF (GNR) at 2.77%, and the Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) at 1.36%. Substantial inflows or outflows in these funds may impact the stock's price due to automatic rebalancing.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will the commencement of commercial operations at the ECA LNG terminal impact TotalEnergies' free cash flow generation over the next 12 months?

What specific utility-scale projects will the capital from the European distributed solar asset sales be redirected toward?

Can the company maintain its projected EPS growth trajectory if global LNG prices soften during the upcoming fiscal year?

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