TotalEnergies SE
TTE: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #K@ | LOCK|$% | LOCK|n#!bm% |
TotalEnergies Earnings: Weaker-Than-Expected Performance and Growing Debt Likely Raises Concern
TotalEnergies' third-quarter earnings fell short of market expectations. Earnings fell across all segments from the year before with refining a particular source of weakness. It maintained its $2 billion repurchase rate for the fourth quarter even as gearing rose during the third quarter.
