TotalEnergies SE (NYSE:TTE) ranks among the best retirement stocks to buy now. On May 13, UBS revealed its top picks among European energy companies, with TotalEnergies SE (NYSE:TTE) remaining the firm’s favored large-cap integrated energy play due to its healthy mix of operational resilience, capital management, and return on equity.
UBS cited the company’s substantial downstream and trading exposure as a significant advantage in a turbulent commodity market. The firm also notes price support, citing the stock’s anticipated 11.6% organic free cash flow return for 2026 and fairly low leverage.
Moreover, on April 29, TotalEnergies SE published strong earnings results for Q1 2026, with an adjusted net income of €5.4 billion, a considerable rise over the prior year. The company’s upstream division experienced 4% organic growth in production, exceeding its yearly forecast. The integrated LNG division also experienced considerable growth, with a 12% quarter-over-quarter increase in output.
TotalEnergies SE also gave forward guidance, with EPS estimates for future quarters ranging from $2.49 to $2.95. The company expects significant returns from its LNG projects, especially in Mozambique and Papua, which are projected to increase portfolio stability by 2029.
In a separate vein, TotalEnergies SE has approved final commitment and obtained funding for a 1 GW wind farm and battery storage facility in Southeastern Kazakhstan. The ‘Mirny Project’ encompasses 150 wind turbines and a 600 MWh battery storage system provided by TotalEnergies’ associate Saft. According to the company, the project will yield 100 TWh of green power over a 25-year period.
TotalEnergies SE is a global multi-energy company that produces and markets oil, biofuels, natural gas, renewables, and electricity.
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