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Compared to Estimates, TotalEnergies (TTE) Q2 Earnings: A Look at Key Metrics

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For the quarter ended June 2026, TotalEnergies SE Sponsored ADR (TTE - Free Report) reported revenue of $57.1 billion, up 27.8% over the same period last year. EPS came in at $2.68, compared to $1.57 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $60.21 billion, representing a surprise of -5.17%. The company delivered an EPS surprise of -12.7%, with the consensus EPS estimate being $3.07.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how TotalEnergies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Total Refinery Throughput per day: 1426 thousands of barrels of oil per day compared to the 1407.72 thousands of barrels of oil per day average estimate based on two analysts.
  • Gas Production per day - Total: 5,330.00 Mcf/D compared to the 5,315.74 Mcf/D average estimate based on two analysts.
  • Liquids Production per day - Total: 1410 thousands of barrels of oil per day versus the two-analyst average estimate of 1320.69 thousands of barrels of oil per day.
  • Combined Liquids and Gas Production per day - Total: 2,395.00 KBOE/D versus 2,300.16 KBOE/D estimated by two analysts on average.
  • Gas Production per day - EP Segment: 2,668.00 Mcf/D versus the two-analyst average estimate of 2,683.19 Mcf/D.
  • Refinery utilization rate: 80% versus the two-analyst average estimate of 82.4%.
  • Gas Production per day - LNG Segment: 2,662.00 Mcf/D versus 2,632.56 Mcf/D estimated by two analysts on average.
  • Liquids Production per day - LNG Segment: 68 thousands of barrels of oil per day compared to the 66.27 thousands of barrels of oil per day average estimate based on two analysts.
  • Total Hydrocarbon Production per day - LNG Segment: 550.00 KBOE/D compared to the 549.06 KBOE/D average estimate based on two analysts.
  • Total Hydrocarbon Production per day - EP Segment: 1,845.00 KBOE/D versus the two-analyst average estimate of 1,751.10 KBOE/D.
  • Liquids Production per day - EP Segment: 1342 thousands of barrels of oil per day versus 1254.42 thousands of barrels of oil per day estimated by two analysts on average.
  • Adjusted net operating income- Exploration & Production: $3.23 billion compared to the $3.33 billion average estimate based on two analysts.

View all Key Company Metrics for TotalEnergies here>>>

Shares of TotalEnergies have returned +7.9% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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