TotalEnergies SE is a global energy company that engages in a diverse range of activities, including the exploration and production of oil and natural gas, the development of renewable energy sources, and the manufacturing and distribution of a variety of energy products. The company focuses on transitioning to sustainable and low-carbon energy solutions while maintaining its role in traditional energy markets. With a commitment to innovation and environmental responsibility, TotalEnergies seeks to meet the energy needs of a growing global population while reducing its carbon footprint and contributing to the fight against climate change.
Mohamed El-Erian, Allianz's Chief Economic Advisor, warned Wednesday Dec. 4, 2024 about the growing intersection of political and economic challenges in France following Prime Minister Michel Barnier's historic no-confidence ouster, even as Greek bonds achieved parity with French sovereign debt for the first time since the Eurozone crisis.
The French government collapsed on Wednesday following a successful no-confidence vote, throwing France, the eurozone's second-largest economy, into political turmoil.
President-elect Donald Trump's move to impose 25% tariffs on Canada can thwart the growth of the stock markets and affect corporate profits, inflation, transportation and oil marketing companies.
Some energy stocks could benefit from a second Trump administration; keep an eye on these under-the-radar firms poised to rise with the broader industry.
As part of an ongoing series, we will take a closer look at one of the stocks from our stock screeners and briefly review why it’s a ‘buy’ based on key fundamentals. One of the cheapest stocks on our screens is TotalEnergies SE.
