TotalEnergies (TTE) Benefited from Volatile Energy Price Movement

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Soumya Eswaran

Thu, June 25, 2026 astatine 11:21 AM CDT 3 min read

Antipodes Partners published its "Antipodes Global Strategy" first-quarter 2026 capitalist letter, highlighting the cardinal show stocks, portfolio changes, and the marketplace outlook. A transcript of the missive tin be downloaded here. The archetypal 4th of 2026 was highly volatile. Early optimism shifted to a historical vigor daze caused by US-Israeli strikes connected Iran. Global equities dropped 3.2% successful USD, with US equities falling 4.6%, and worth stocks outperformed maturation stocks arsenic the rotation distant from mega-cap tech accelerated owed to AI fears. The strategy outperformed the benchmark implicit the 4th and the 12 months to March 31, 2026. Exposure successful North America, Korea, Western Europe, and Latin America regions boosted performance, portion Canada and the UK lagged. Energy, user discretionary, industrials, and healthcare sectors led the performance, portion financials, existent estate, and materials lagged. To negociate risk, the steadfast accrued its holdings successful antiaircraft sectors during the quarter. For insights into their cardinal selections for 2026, delight reappraisal the Strategy's apical 5 holdings.

In its first-quarter 2026 capitalist letter, Antipodes Global Strategy highlighted TotalEnergies SE (NYSE:TTE) arsenic a starring contributor. TotalEnergies SE (NYSE:TTE) is simply a starring vigor institution that produces and markets lipid and biofuels, earthy gas, biogas, and low-carbon hydrogen, renewables, and electricity. On June 24, 2026, TotalEnergies SE (NYSE:TTE) closed astatine $78.69 per share. One-month instrumentality of TotalEnergies SE (NYSE:TTE) was -9.73%, and its shares gained 28.58% implicit the past 52 weeks. TotalEnergies SE (NYSE:TTE) has a marketplace capitalization of $174.94 billion.

Antipodes Global Strategy stated the pursuing regarding TotalEnergies SE (NYSE:TTE) successful its Q1 2026 capitalist letter:

"TotalEnergies SE (NYSE:TTE) surged higher towards the extremity of the Quarter supported by volatile and elevated lipid prices, which lifted net expectations and currency travel outlook. Heightened geopolitical tensions drove crisp swings successful Brent Crude, benefiting integrated vigor producers with beardown upstream leverage. The rally was reinforced by coagulated CY25 results and constructive 2026 guidance, including expected accumulation growth, rising LNG volumes and continued enlargement successful integrated power, which further underpinned capitalist confidence."

A Dividend Stock Backed by Solid Cash Generation

TotalEnergies SE (NYSE:TTE) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 30 hedge money portfolios held TotalEnergies SE (NYSE:TTE) astatine the extremity of the archetypal quarter, up from 26 successful the erstwhile quarter. While we admit the imaginable of TotalEnergies SE (NYSE:TTE) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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