TotalEnergies SE
TTE: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| d^P | LOCK|Gs | LOCK|VRc&^r |
TotalEnergies Earnings: Strong Results Demonstrate Value of the Model Even as Payouts Trimmed
Total's fourth-quarter adjusted earnings fell to $3.8 billion from $4.4 billion in 2024, as a decline in oil prices offset an increase in European refining margins. Management reduced its quarterly repurchase rate to $750 million from $1.5 billion, reflecting the weaker oil price environment.
