Chevron vs TotalEnergies

Chevron and TotalEnergies are compared here to explore their business models, financial performance, and market context in a neutral way. The page outlines how each company approaches energy, capital allocation, and competitive landscape, helping readers understand relative strengths and challenges without guidance or recommendations. Educational content, not financial advice.

Chevron and TotalEnergies are compared here to explore their business models, financial performance, and market context in a neutral way. The page outlines how each company approaches energy, capital ...

Comparison Snapshot

Key Financial Metrics

CVX

Metric

TTE

$337.26B

Market Cap

$147.24B

2.16%

Potential Profit

6.10%

Buy

Analyst Rating

Buy

Why It's Moving

Chevron surges on Venezuela opportunity as Trump pledges U.S. oil role in reconstruction.

President Trump's pledge positions Chevron for first-mover advantage in Venezuela's energy rebuild, reclaiming blocked market share.
Shares up 13% in the past month and 7% recently, fueled by investor bets on geopolitical tailwinds and higher cash flows.
Analysts maintain Buy ratings with targets implying upside, despite premium valuation and expected near-term earnings dip.

Sentiment:

🐃Bullish

TotalEnergies locks in Libya oil extension through 2050 amid aggressive renewables push.

Libya agreement on Jan 24 extends Waha concessions to Dec 31, 2050, boosting production security and cash flow potential from established fields.
Signed 21-year PPA on Jan 24 to deliver 1 TWh of solar power from Malaysia's Citra Energies plant to Google, starting post-Q1 2026 financial close.
Divesting 10% non-operated stake in Nigeria's Renaissance JV licenses, streamlining portfolio amid strategic asset optimization.

Sentiment:

🐃Bullish

Chevron surges on Venezuela opportunity as Trump pledges U.S. oil role in reconstruction.

President Trump's pledge positions Chevron for first-mover advantage in Venezuela's energy rebuild, reclaiming blocked market share.
Shares up 13% in the past month and 7% recently, fueled by investor bets on geopolitical tailwinds and higher cash flows.
Analysts maintain Buy ratings with targets implying upside, despite premium valuation and expected near-term earnings dip.

Sentiment:

🐃Bullish

TotalEnergies locks in Libya oil extension through 2050 amid aggressive renewables push.

Libya agreement on Jan 24 extends Waha concessions to Dec 31, 2050, boosting production security and cash flow potential from established fields.
Signed 21-year PPA on Jan 24 to deliver 1 TWh of solar power from Malaysia's Citra Energies plant to Google, starting post-Q1 2026 financial close.
Divesting 10% non-operated stake in Nigeria's Renaissance JV licenses, streamlining portfolio amid strategic asset optimization.

Sentiment:

🐃Bullish

Investment Analysis

Chevron

CVX

Pros

Chevron is trading significantly undervalued with a low price-to-free cash flow multiple around 16x, compared to its historical average near 30x.
Strong correlation between stock price and book value with a projected fair valuation implying substantial upside from current levels near $130.
Robust dividend yield near 4.5% with a total yield approaching 8.9%, supported by solid cash flow generation.

Considerations

Chevron’s stock has experienced a maximum drawdown of about 55.77%, indicating susceptibility to significant price declines in volatile markets.
The company faces commodity price volatility risks common in the oil and gas sector which can impact earnings unpredictably.
Chevron’s growth and valuation multiples are lower compared to some peers, potentially limiting capital gains in a low-growth scenario.

TotalEnergies

TTE

Pros

TotalEnergies offers an attractive valuation with a forward P/E of around 8x and EV/EBITDA near 3.8x, below historical averages indicating undervaluation.
High return on average capital employed projected at 11.3% for 2025, above sector average, supporting efficient capital use and profitability.
Strong dividend yield above 4.5% with a total distribution yield near 12%, underpinned by nearly five decades of consecutive dividend payments.

Considerations

TotalEnergies’ stock shows higher volatility at 6.54% compared to Chevron’s 5.06%, implying greater price fluctuation risk.
The company has experienced a larger maximum historical drawdown at nearly 60%, reflecting heightened downside risk in adverse conditions.
Despite strong fundamentals, recent stock performance has been relatively weak, highlighting potential execution or market perception challenges.

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