TotalEnergies SE
TTE: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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| m@x | LOCK|#N | LOCK|w<?D@$ |
TotalEnergies Earnings: Q1 Results Disappoint, but Repurchase Rate Unchanged
TotalEnergies' first-quarter adjusted earnings fell to $4.2 billion from $5.1 billion last year, short of market expectations, primarily due to lower commodity prices and narrower refining margins. Despite the recent decline in oil prices, it maintained its $2 billion quarterly repurchase rate.
