ExxonMobil vs TotalEnergies

This page compares ExxonMobil and TotalEnergies, examining their business models, financial performance, and market context in clear, accessible terms. It presents how these energy majors approach growth, resilience, and opportunities in a changing landscape. Educational content, not financial advice.

This page compares ExxonMobil and TotalEnergies, examining their business models, financial performance, and market context in clear, accessible terms. It presents how these energy majors approach gro...

Comparison Snapshot

Key Financial Metrics

XOM

Metric

TTE

$568.64B

Market Cap

$147.24B

-3.12%

Potential Profit

6.10%

Buy

Analyst Rating

Buy

Why It's Moving

ExxonMobil Hits 12-Month High as Ambitious 2030 Plan Signals Surging Earnings and Cash Flow.

Upgraded 2030 outlook delivers $5B earnings boost at constant prices, driven by advantaged assets like Permian Basin doubling to 2.5M oil-equivalent barrels per day.
Cumulative cost savings expanded to $20B vs. 2019, with all 2030 GHG emissions goals now on track for 2026 ahead of schedule.
Citigroup lifted price target to $118 while maintaining neutral; shares climb on resilient shareholder returns via $20B annual buybacks through 2026.

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

ExxonMobil Hits 12-Month High as Ambitious 2030 Plan Signals Surging Earnings and Cash Flow.

Upgraded 2030 outlook delivers $5B earnings boost at constant prices, driven by advantaged assets like Permian Basin doubling to 2.5M oil-equivalent barrels per day.
Cumulative cost savings expanded to $20B vs. 2019, with all 2030 GHG emissions goals now on track for 2026 ahead of schedule.
Citigroup lifted price target to $118 while maintaining neutral; shares climb on resilient shareholder returns via $20B annual buybacks through 2026.

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

ExxonMobil

XOM

Pros

ExxonMobil leads the sector in upstream production volumes, with 2025 Q2 output at a post-merger high driven by growth in the Permian and Guyana.
The company is returning industry-leading capital to shareholders, targeting $20 billion in share buybacks this year after strong operational cash flow.
Structural cost savings and advantaged asset growth provide resilience against weaker crude price environments.

Considerations

ExxonMobil faces heightened regulatory pressure in key markets, including ongoing lawsuits challenging climate disclosure laws in California.
Upstream earnings have declined year-on-year due to lower crude realisations and higher depreciation despite volume growth.
Heavy reliance on fossil fuels exposes the company to long-term transition risks as global decarbonisation efforts accelerate.

TotalEnergies

TTE

Pros

TotalEnergies demonstrates lower share price volatility compared to ExxonMobil, suggesting comparatively less market risk for equity investors.
The company maintains a strong, diversified portfolio including renewables alongside hydrocarbons, positioning it to adapt to energy transition shifts.
TotalEnergies offers a competitive dividend yield compared to many regional peers, reflecting steady cash return policies.

Considerations

TotalEnergies has recently been found guilty of greenwashing, potentially undermining investor and consumer confidence in its environmental commitments.
Upstream profitability and share price momentum have lagged behind larger US peers, possibly reflecting slower execution on growth projects.
Operates with a slightly lower profit margin and return on equity than ExxonMobil, indicating less relative efficiency in converting revenues to earnings.

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