TotalEnergies to Report Q3 Earnings: What's in Store for the Stock?

TotalEnergies SE TTE is set to report third-quarter 2025 results on Oct. 30, before the opening bell. The company reported a negative earnings surprise of 3.09% in the last reported quarter.

Let us discuss the factors that are likely to be reflected in the upcoming quarterly results.

Factors Likely to Have Impacted TTE’s Q3 Earnings

TotalEnergies has limited exposure to North America’s mature market. Its upstream portfolio consists of assets with lower natural decline rates and extended productive lifespans, offering the company a competitive advantage over other oil majors. Robust production from its diversified global asset base and contributions from new startups are expected to have contributed to third-quarter performance.

The company has been reinforcing its footprint in natural gas, liquefied natural gas and low-carbon electricity. TTE’s growing supply of clean energy and more emphasis on renewable sources are likely to have supported third-quarter earnings growth, indicating its transition toward more sustainable energy solutions.

TTE’s earnings in the third quarter are likely to have benefited from strong demand from data centers, EV rollouts, decarbonization and digitalization. The company continues to expand its global portfolio of clean electricity generation assets, which are likely to have contributed to its earnings.

TotalEnergies continues to pursue strategic acquisitions and partnerships in high-growth regions while divesting non-core assets that no longer align with its long-term vision. These initiatives have allowed the company to streamline operations and focus on core strengths. Contributions from recent acquisitions, project startups and organic growth initiatives are anticipated to have positively influenced its third-quarter performance.

However, TotalEnergies’ extensive global operations expose it to intense competition from both national and international energy firms. The short-term weakness in Asian demand due to economic uncertainties and trade tariffs might have weighed on demand in the third quarter.

TTE’s Q3 Expectation

TotalEnergies expects third-quarter 2025 hydrocarbon production volumes to improve 3% year over year, which is in sync with the goal to increase its 2025 volumes by 3% compared with 2024 levels. The Zacks Consensus Estimate for third-quarter production volume is currently pegged at 2,500.02 thousand barrels of oil equivalent per day, up nearly 3.8% year over year.

The company is taking into consideration scheduled maintenance at Antwerp and Port Arthur refineries, so the utilization rates in these refineries are expected to be in the range of 80% to 85% in the third quarter.

The Zacks Consensus Estimate for earnings and revenues is pegged at $1.81 per share and $41.08 billion, respectively. The bottom-line estimate indicates an increase of 4.02% and the top-line estimate reflects a decline of 13.39% from the year-ago quarter.

What Does Our Model Predict for TTE Stock?

Per our proven model, stocks with a combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) are likely to beat on earnings. But that is not the case here.

TotalEnergies SE Sponsored ADR Price and EPS Surprise

TotalEnergies SE Sponsored ADR price-eps-surprise | TotalEnergies SE Sponsored ADR Quote

At present, TotalEnergies has an Earnings ESP of 0.00% and a Zacks Rank of 3.

You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.

Stocks to Consider

Investors can consider a few stocks from the same sector before the release, as our model shows that these have the right combination of elements to beat on earnings this season.

Crescent Energy Company CRGY is likely to beat estimates when it reports third-quarter 2025 earnings on Nov. 4, 2025. CRGY sports a Zacks Rank #1 and has an Earnings ESP of +6.48%. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for CRGY’s third-quarter 2025 earnings per share indicates a year-over-year decline of 17.95%.

Marathon Petroleum Corporation MPC is likely to beat earnings estimates when it reports third-quarter 2025 earnings on Nov. 4, 2025. MPC presently has a Zacks Rank #2 and an Earnings ESP of +8.68%.

The Zacks Consensus Estimate for MPC’s third-quarter 2025 earnings per share implies year-over-year growth of 52.94%.

Archrock, Inc. AROC has a Zacks Rank #2 and an Earnings ESP of +7.32% at present. The Zacks Consensus Estimate for AROC’s third-quarter 2025 earnings per share indicates a year-over-year increase of 46.43%. The company is expected to beat estimates when it releases third-quarter earnings on Oct.29, 2025.

 

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This article originally published on Zacks Investment Research (zacks.com).

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