TTE

TotalEnergies SE ADR is one of the world’s largest energy companies, operating in the broader energy segment, specifically within the oil, gas, and biofuels industry, as well as the energy subsector.

Founded in 1924 by the French government, the company was established to secure France’s energy supply and reduce dependence on imported oil, particularly in the aftermath of World War I.

The creation of TotalEnergies was driven by Europe’s economic reconstruction needs and the French government’s pursuit of energy autonomy. Initially, the company was structured to explore and produce oil, ensuring France’s long-term energy independence.

TotalEnergies’ primary products and services include oil and gas exploration and production, refining, fuel distribution, petrochemicals, and investments in renewable energy, including solar and wind. The company is also involved in the development of hydrogen technologies and energy-efficiency solutions.

With a strong international footprint, TotalEnergies operates in more than 130 countries, including strategic markets in Europe, North America, Latin America, Asia, and Africa. In Brazil, the company maintains active participation in pre-salt exploration projects and renewable-energy initiatives.

The company’s operations are influenced by market factors such as its subsidiaries and joint ventures across multiple countries, as well as innovative projects aligned with the global energy transition. TotalEnergies is also recognized for market practices that prioritize sustainability and technological innovation.

Supported by a global network of fuel stations, refineries, and industrial facilities, TotalEnergies ranks among the world’s largest energy companies, serving millions of customers. Its operational structure includes manufacturing plants, regional divisions, and an integrated value chain spanning extraction through product distribution.

History and Foundation

TotalEnergies was founded in 1924 in France amid rising global demand for oil and the need for economic reconstruction in the post-war period. The French government played a central role in establishing the company with the objective of ensuring national energy security.

In its early years, the company faced challenges related to oil exploration and the development of infrastructure for refining and distribution. Despite these obstacles, TotalEnergies rapidly gained relevance, forming strategic partnerships and expanding its operations into additional European markets.

From the 1950s onward, the company began international expansion, entering key markets in Africa and the Middle East. During the 1990s, significant mergers and acquisitions strengthened its global position and enabled the diversification of its products and services.

A major milestone occurred in 2021, when the company adopted the name TotalEnergies, reflecting its commitment to the energy transition and the broadening of its portfolio to include more sustainable energy sources.

Between 2020 and 2024, TotalEnergies intensified its investments in sustainability, including the construction of solar and wind farms and the expansion of its presence in Brazil and other emerging markets. The firm also strengthened its shareholder base, attracting investors focused on ESG (environmental, social, and governance) criteria, contributing to its positioning as a global leader in the energy sector.

Additional Information

The Company TotalEnergies SE ADR (United States), is listed on Nasdaq with a market value of $ 172.74 Billions, having an equity of $ 117.52 Billions.

The Company is listedthe in the sector of Others and categorized in industry of Others.

In the last 12 months the Company had a revenue of $ 182.34 Billions, which generated a profit in the amount of $ 13.13 Billions.

As for its main indicators, the Company has a P/E ratio of 13.16, a P/BV ratio of 1.47 and in the last 12 months the dividend yield of TTE was at 5.84%.

The Company is traded internationally through the ticker TTE.