TotalEnergies (TTE) Gains Following Expectations of Better Growth in Q3

The share price of TotalEnergies SE (NYSE:TTE) surged by 7.32% between October 10 and October 17, 2025, putting it among the Energy Stocks that Gained the Most This Week.

TotalEnergies (TTE) Gains Following Expected Growth in Q3

TotalEnergies SE (NYSE:TTE) is a global integrated energy company that produces and markets various energy sources.

TotalEnergies SE (NYSE:TTE) received a boost this week after the company revealed that it expects its oil and gas production for the third quarter to reach 2.5 million barrels of oil equivalent per day (boe/d), up 4% YoY and above its annual and quarterly guidance of more than 3%. As a result of the increased production and higher refining margins, the company expects its Q3 earnings and cash flow to grow compared to the same period last year, despite a $10 per barrel decline in oil prices.

Moreover, on October 10, 2025, Scotiabank analyst Paul Cheng raised the firm’s price target for TotalEnergies SE (NYSE:TTE) from $65 to $67, while maintaining a ‘Sector Perform’ rating on the shares. The move came as the firm updated its price targets for the US Integrated Oil, Refining, and Large Cap E&P stocks under its coverage.

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