TotalEnergies SE Ordinary Shares (TTE) Covered Calls

TotalEnergies SE is a broad energy company that produces and markets fuels, natural gas, and electricity. It is one of the world's largest integrated oil and gas companies, with a major focus on liquefied natural gas. The firm is actively diversifying its portfolio into renewable energy sources, including wind and solar, as well as low-carbon hydrogen. Its global operations span the entire energy value chain, from exploration and production to refining, chemicals, and retail distribution.

You can sell covered calls on TotalEnergies SE Ordinary Shares to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for TTE (prices last updated Fri 4:16 PM ET):

TotalEnergies SE Ordinary Shares (TTE) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
76.79 +0.67 75.55 78.59 1.6M 12 202
Covered Calls For TotalEnergies SE Ordinary Shares (TTE)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Feb 20 77.5 0.65 77.94 -0.6% -27.4%
Mar 20 77.5 1.90 76.69 1.1% 11.2%
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Core Business and Products

TotalEnergies SE is a French multinational integrated energy and petroleum major that rebranded from Total in 2021 to reflect its transformation into a "multi-energy" company. As of 2026, the company continues to execute a balanced strategy focused on two pillars: hydrocarbons (specifically natural gas and oil) and Integrated Power.

  1. Integrated LNG: TotalEnergies is the world’s third-largest player in liquefied natural gas. This segment includes the entire value chain from exploration and production to liquefaction, shipping, and trading. It has significant projects in Qatar, the United States, and has recently announced the full restart of its massive Mozambique LNG project.
  2. Exploration & Production: The company maintains a portfolio of low-cost, high-margin oil assets in regions such as the United States, Brazil, Iraq, and Uganda. In early 2026, the company extended major concessions in Libya, ensuring long-term supply stability.
  3. Integrated Power: This segment represents the company's growth engine, encompassing renewable electricity generation (solar and wind), flexible gas power, and energy storage through its subsidiary, Saft. In late 2025, it signed a 15-year power purchase agreement with Google to supply renewable energy to data centers.
  4. Refining & Chemicals and Marketing: TotalEnergies operates an extensive refining network and is a leading global chemicals manufacturer. Its retail network includes over 13,000 service stations and nearly 80,000 electric vehicle charging points worldwide.

Competitive Landscape

In the global energy market, TotalEnergies competes with other supermajors for resource access and technological leadership, particularly in the race to provide lower-carbon energy solutions:

  1. Global Supermajors: TotalEnergies frequently vies for projects against Exxon Mobil and Chevron. While the American peers have historically focused more heavily on fossil fuel production, TotalEnergies has been more aggressive in integrating electricity and renewables directly into its business model.
  2. European Integrated Peers: The company shares a similar strategic outlook with BP and Shell. These companies are all navigating the transition to net-zero, though TotalEnergies has notably emphasized "Integrated Power" as a third pillar alongside oil and gas.
  3. Regional and Specialized Competitors: In specific exploration plays, particularly in deepwater, it competes with firms like ConocoPhillips and Occidental Petroleum. In the renewable energy space, it faces competition from specialized utilities and energy firms.

Strategic Outlook and Innovation

Entering 2026, TotalEnergies is accelerating its "profitable transition" by targeting a energy production growth rate of roughly 4% per year through 2030. A key differentiator is the company's use of advanced technology; it has recently collaborated with Honeywell to pilot AI-assisted control rooms aimed at accelerating industrial automation and safety. Furthermore, the company is expanding its footprint in critical minerals, particularly lithium, and is exploring carbon capture, utilization, and storage (CCUS) projects to decarbonize its own facilities and those of its industrial customers. By leveraging its strong cash flow from traditional oil and gas to fund a rapidly growing electricity business, TotalEnergies aims to remain a resilient and relevant energy provider through 2050.