TotalEnergies SE (TTE) Stock

TotalEnergies SE is a global integrated oil and gas company that operates across four key segments: Integrated Gas, Renewables & Power; Exploration & Production; Refining & Chemicals; and Marketing & Services. The Integrated Gas, Renewables & Power segment handles the production, shipping, trading, and regasification of liquefied natural gas (LNG), as well as the trading of liquefied petroleum gas (LPG), petcoke, sulfur, natural gas, and electricity. This segment is also involved in the transportation of natural gas and electricity production from various renewable sources, including wind, solar, hydroelectric, and biogas. Additionally, it focuses on energy storage and the development and operation of biomethane production units, alongside offering energy efficiency services.

The Exploration & Production segment of TotalEnergies is dedicated to the exploration and extraction of oil and natural gas. Meanwhile, the Refining & Chemicals segment focuses on refining petrochemicals such as olefins and aromatics, and producing polymer derivatives including polyethylene, polypropylene, polystyrene, and hydrocarbon resins. This segment also engages in biomass conversion, elastomer processing, and the trading and shipping of crude oil and petroleum products. The Marketing & Services segment is responsible for producing and selling lubricants, and supplying and marketing various petroleum products like bulk fuel, aviation and marine fuel, special fluids, compressed natural gas, LPG, and bitumen. Additionally, it provides fuel payment solutions and operates around 16,000 service stations and 25,000 electric vehicle (EV) charge points worldwide.

TotalEnergies SE, which had 12,062 Mboe of combined proved reserves of oil and gas as of December 31, 2021, continues to expand its influence through strategic partnerships with companies such as PureCycle Technologies, Plastic Energy, Freepoint Eco-Systems, and Plastic Omnium for various development projects. Originally incorporated in 1924, the company rebranded from TOTAL SE to TotalEnergies SE in June 2021, reflecting its commitment to transitioning towards renewable energy sources. Headquartered in Courbevoie, France, TotalEnergies SE has established itself as a leader in the global energy sector, driving innovation and sustainability across its operations.