TotalEnergies SE — Cyborg Score 7/10

Strong
Oil & Gas Integrated / Multi-Energy

Strategic Profile

With a market capitalization of $159.42 billion, TotalEnergies is strategically positioned to leverage its extensive global operations and investments in renewable energy to drive future growth. The company plans to invest approximately $15 billion in 2026, with $3 billion allocated to low-carbon energy projects, primarily in electricity.

Cyborg Score Rationale

TotalEnergies has demonstrated solid financial performance with a 3-year revenue growth rate of 9.4%, operating margin of 12.05%, net margin of 7.74%, and gross margin of 29.06%. The company expects 3% oil and gas production growth in 2026, driven by project ramp-ups and new start-ups.

Top Insights

  • TotalEnergies plans to increase its overall energy production (oil, gas, and electricity) by 5% over 2026.
  • The company plans to implement its multi-year cash-savings plan, with a target of $12.5 billion over 2026–2030, including $2.5 billion planned for 2026.
  • The company announced a 5.6% increase in its 2025 dividend, raising it to €3.40 per share.
  • Net Power Production remained flat Q/Q at 12.6 terawatt hours, with gross installed renewable capacity reaching 34.1 gigawatts at the end of 2025.

Named Competitors

  • BP — Integrated oil & gas major with renewable energy focus
  • Shell — Global energy company spanning oil, gas, and renewables
  • Eni — Italian integrated energy company
  • Petrobras — Brazilian oil and gas producer

Recent Developments

  • (February 2026) Q4 2025 earnings beat expectations with $50.62B quarterly revenue, though adjusted net income declined 15% YoY to $3.8B due to lower oil prices
  • (February 2026) Company raised 2025 dividend by 5.6% to €3.40/share and authorized $750M share buybacks for Q1 2026
  • (February 2026) Announced $12.5B cost-saving program from 2026-2030 and $15B total capex for 2026, with $3B directed to low-carbon electricity projects

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