TotalEnergies invests USD 1.5 billion. TotalEnergies stock sits 7.20 percent below its high
Published on 10/07/2026 at 10:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
TotalEnergies (ISIN FR0000120271) was trading at EUR 75.48 at Lang & Schwarz on October 7, 2026 at 10:00 a.m. CEST, up 0.25 percent versus the prior close of EUR 75.29. On October 6, 2026, the company outlined a USD 1.5 billion offshore gas project in Argentina, according to Offshore Magazine.
Argentina plan adds a USD 1.5 billion project
The Proyecto Alberdi development is planned within the CMA-1 concession off Tierra del Fuego. TotalEnergies holds 37.5 percent of the concession alongside Harbour Energy and Pan American Energy, and the concept includes three to five subsea wells tied to existing infrastructure, Offshore Magazine reported.
The offshore project forms part of a USD 10.0 billion Argentine portfolio covering offshore gas, Vaca Muerta gas production and the San Roque oil block. For TotalEnergies, the structure matters because existing platforms and treatment plants can support a subsea tieback rather than a new standalone platform.
Analyst target leaves a wider valuation gap
UBS maintained a Buy rating and set a EUR 89.00 price target in a report dated October 6, 2026, according to Markets Insider. That target is 17.92 percent above the Lang & Schwarz price, calculated against EUR 75.48. The same report lists a one-year high of EUR 81.34, putting the current price 7.20 percent below that level.
Results date gives the next checkpoint
TotalEnergies has scheduled its third-quarter 2026 results for October 29, 2026, while the company calendar also lists an ex-dividend date of December 31, 2026, according to TotalEnergies. The upcoming report will give investors a nearer test of whether the company can convert its integrated energy model and project pipeline into sustained cash generation.
TotalEnergies stock remains below its yearly high
TotalEnergies stock was trading at EUR 75.48 at Lang & Schwarz on October 7, 2026 at 10:00 a.m. CEST, up 0.25 percent versus the Lang & Schwarz prior close of EUR 75.29. The further course of trading is shown by the continuously updated real-time quote of TotalEnergies stock.
TotalEnergies stock data
- Company: TotalEnergies SE
- ISIN: FR0000120271
- Ticker: TTE
- Primary exchange: Euronext Paris
- Price Lang & Schwarz as of October 7, 2026, 10:00 a.m. CEST: EUR 75.48
- Change versus prior close: plus 0.25 percent
- Prior close Lang & Schwarz September 30, 2026: EUR 75.29
- 52-week range: EUR 49.24-81.34
- Sector / Industry: Energy / Integrated Oil and Gas
- Index membership: CAC 40
- Next earnings date: October 29, 2026
