TotalEnergies Targets China's Growing Gas Market With 15-Year LNG Agreement

TotalEnergies SE (NYSE:TTE) shares are in focus premarket after signing a 15-year LNG supply agreement with China’s Jiangsu Guoxin Group.

15-Year China LNG Deal

As per the deal, TotalEnergies will supply 900,000 tons of LNG annually for 15 years starting in 2028, subject to finalizing sales and purchase agreements (SPAs).

Deliveries will go to Jiangsu Guoxin Group’s new LNG terminal in Rudong to support city gas supply and flexible power generation. Jiangsu is China’s second-largest province by GDP and natural gas consumption.

TotalEnergies said the deal expands its long-term LNG sales portfolio in China, one of the world’s largest and fastest-growing LNG importing markets.

Gregory Joffroy, senior vice president of LNG at TotalEnergies, said the agreement highlights the resilience of its global LNG portfolio and the role of natural gas in supporting industrial growth and flexible power generation.

LNG Agreement With ADNOC Gas

This week, TotalEnergies signed a five-year LNG supply agreement with ADNOC Gas in the United Arab Emirates covering up to 1.6 million metric tons, with deliveries expected to begin in 2026. TotalEnergies said the deal will strengthen its LNG portfolio and supply position across Europe and Asia.

Also, separately, TotalEnergies Marketing USA has signed a distribution agreement with SSF Imported Auto Parts to expand the availability of ELF passenger car motor oils across the U.S. SSF will distribute the products through its 13 distribution centers, targeting automotive professionals and enthusiasts.

TTE Earnings Outlook: Next Report, Estimates and Analyst Targets

Looking further out, the next major catalyst for the stock arrives with the Feb. 10, 2027 (estimated) earnings report.

• EPS Estimate: $3.92 (Up from $1.73 YoY)
• Revenue Estimate: $79.19 billion (Up from $50.62 billion YoY)
• Valuation: P/E of 9.3x (Indicates value opportunity relative to peers)

Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price forecast of $100.33. Recent analyst moves include:

• Freedom Broker: Upgraded to Hold (Nov. 3)
• TD Cowen: Buy (Lowers Target to $105.00) (Oct. 13)
• JP Morgan: Downgraded to Neutral (Sept. 23)

TotalEnergies Edge Rankings: Momentum and Value vs. Growth

Below is the Benzinga Edge scorecard for TotalEnergies SE, highlighting its strengths and weaknesses compared to the broader market:

• Momentum: Bullish (Score: 87.76) — The stock is showing strong relative strength, which lines up with its position above key moving averages.
• Value: Bullish (Score: 91.92) — The score suggests the shares screen as attractively priced versus many peers, reinforcing the low P/E setup.
• Growth: Neutral (Score: 30.74) — Growth factors look more mixed, so the story leans more toward value and trend than pure growth acceleration.

The Verdict: TotalEnergies SE’s Benzinga Edge signal reveals a value-plus-momentum profile, where trend strength is being supported by an inexpensive valuation screen. For longer-term bulls, the key is whether price can clear and hold above nearby resistance while keeping the broader uptrend intact.

Top ETF Exposure: JIVE and NDIV Holdings of TTE

• JPMorgan International Value ETF (NASDAQ:JIVE): 1.03% Weight
• Amplify Energy & Natural Resources Covered Call ETF (NYSE:NDIV): 5.15% Weight

Significance: Because TTE carries significant weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.

TTE Stock Today: Wednesday Premarket Price Check

TTE Stock Price Activity: TotalEnergies shares are trading higher by 0.66% at $93.31 during premarket trading on Wednesday, according to Benzinga Pro data.

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