TotalEnergies Expecting Strong Q1 Earnings Amid US-Iran War

TotalEnergies SE (NYSE:TTE) is simply a planetary integrated vigor institution that produces and markets energy.

TotalEnergies SE (NYSE:TTE) revealed connected April 16 that it was expecting a crisp emergence successful first-quarter earnings, driven by its beardown trading show and soaring prices amid the US-Iran war. While the institution mislaid astir 15% of its output amid the Middle East disruptions, it expects its Q1 2026 lipid and state accumulation to beryllium successful enactment with the erstwhile quarter, arsenic start-ups successful Brazil and Libya offset the mislaid accumulation successful the Middle East. This led to a crisp surge successful upstream income owed to the multi-year precocious prices.

TotalEnergies SE (NYSE:TTE)’s downstream results are besides expected to person a boost successful the archetypal quarter, supported by its refineries moving supra 90% and the company’s beardown show from crude lipid and petroleum merchandise trading activities successful March.

Lastly, TotalEnergies SE (NYSE:TTE) besides expects its Q1 integrated LNG results and currency travel to beryllium importantly higher than the erstwhile quarter, driven by a 10% sequential LNG accumulation summation and beardown trading activities benefiting from the marketplace volatility.

While we admit the imaginable of TTE arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 14 Best Energy Infrastructure Stocks to Buy Now and 15 Best Blue Chip Stocks to Buy Now.

Disclosure: None. Follow Insider Monkey connected Google News.