Investment Thesis
TotalEnergies SE (TTE) is not the most exciting investment in the energy sector but offers a stable high yielding dividend and exposure to Oil & Gas prices. Oil reserves of Total allow the firm to be
TotalEnergies: Energy Major In A Period Of Transition
Summary
- The energy sector has been under pressure for years.
- Recovery from Covid was significant, but the turnaround started beforehand.
- I’m bullish on Oil & Gas prices for the next couple of years.
- TotalEnergies is one way of gaining exposure to Oil & Gas prices and offers a good dividend yield.
- The company has promising plans for its transformation towards renewable energies.
Tax & Audit Consultant from Germany with interests in philosophy and finance.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of TTE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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