TotalEnergies anticipates a robust third-quarter performance driven by higher refining margins and rising energy prices, boosted by geopolitical tensions such as the war in Iran. Mizuho Securities raised its price target for the company to $108, indicating potential stock price growth from the current $91. The company’s downstream business, which processes crude oil into fuels like gasoline and diesel, is the main profit driver. This outlook reflects strong market demand and favorable conditions in the energy sector.
TotalEnergies (TTE) trades at USD 89.72 on Pluang as of Oct 17, 2026 03:12 WIB, near its 52-week high of USD 93.60. The stock shows a slight 1-day gain of 0.09%, with a dividend yield of 4.79%. Most Pluang users (83%) are buying TTE, reflecting strong interest in the energy sector amid current market conditions.
