TotalEnergies is expected to report Q2 2026 revenue of $60.21 billion and an EPS of $3.07, while the stock currently trades at $81.37 against an average analyst price target of $84.33.
Investors are laser-focused on the performance of the Integrated LNG segment, which management warns may see a significant cash flow decrease due to underperformance in gas trading.
Offsetting these trading headwinds, hydrocarbon production is projected to reach 2.4 million boe/d, a 4% year-over-year increase supported by production ramp-ups in the UAE and Brazil. Analysts are also watching for updates on the company’s share buyback strategy and the impact of improved refining margins on downstream profitability.