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TotalEnergies poised for strong returns with LNG growth, deepwater projects, and low valuation

Market News
27 Mar 2026
Seeking Alpha
View Source
Bullish
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TotalEnergies is positioned for strong shareholder returns driven by its growing LNG portfolio, new deepwater projects, and a low valuation. The company achieved 4% upstream production growth in 2025 with low costs, supporting dividends and buybacks. Significant upside comes from offshore projects in Namibia with over 1.5 billion barrels discovered. Its expanding green power and LNG assets, disciplined capital spending, and a target gearing ratio of 15% make it an attractive investment opportunity.

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