TotalEnergies, FR0000120271

TotalEnergies stock heads toward October 29 results as buybacks rise

Published on 10/05/2026 at 19:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TotalEnergies stock traded at EUR 75.13 on October 5, 2026, while the company outlined USD 2.5 billion in Q4 buybacks. Q2 adjusted net income reached USD 6.0 billion.

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TotalEnergies stock (ISIN FR0000120271) was trading at EUR 75.13 on Euronext Paris on October 5, 2026, up 0.90 percent from the previous close. The company heads toward its October 29, 2026, third-quarter results after setting out higher buybacks and long-term growth targets.

Buybacks reach USD 2.5 billion

According to TotalEnergies on September 28, 2026, the board authorized USD 2.5 billion of share buybacks for the fourth quarter, compared with USD 1.5 billion in recent quarters. The company also set a plan for USD 2.0 billion to USD 2.5 billion of buybacks in the first quarter of 2027.

The same strategy presentation targets more than 5 percent annual dividend growth through 2030 and a shareholder return of at least 40 percent of cash flow. TotalEnergies also expects gearing below 10 percent by the end of 2026, while targeting 4 percent annual energy production growth through 2030.

Q2 cash flow supports the strategy

Euronews reported that TotalEnergies generated USD 6.0 billion of adjusted net income and USD 9.8 billion of operating cash flow in the second quarter of 2026. The company also raised its interim dividend by 5.9 percent to EUR 0.90 per share, while its European refining margin increased to USD 13.5 per barrel from USD 4.7.

The next checkpoint is the third-quarter report. Investing.com lists October 29, 2026, as the next earnings date and reports consensus revenue of USD 54.2 billion with adjusted EPS of USD 3.14.

Analysts see EUR 88.53

Investing.com shows a Buy consensus from 16 analysts, with an average 12-month price target of EUR 88.53. The highest target is EUR 98.63396766 and the lowest is EUR 74.15527562, putting the average target 17.84 percent above the EUR 75.13 reference price.

The same analyst table shows HSBC raising its target from EUR 80.00 to EUR 93.00 on September 25, 2026, while JPMorgan cut its rating to Hold at an unchanged EUR 83.00 target on September 23, 2026. The split reflects the tension between stronger shareholder returns and exposure to commodity prices, geopolitics and project execution.

Stock stays below its yearly high

TotalEnergies stock was trading at EUR 75.13 on October 5, 2026, with a 52-week range of EUR 49.24 to EUR 81.34 and volume of 310,930 shares. Its market capitalization was EUR 167.15 billion on the same date, leaving the price 7.64 percent below the 52-week high.