{"id":26879,"date":"2026-05-29T07:51:25","date_gmt":"2026-05-29T07:51:25","guid":{"rendered":"https:\/\/www.europesays.com\/france\/26879\/"},"modified":"2026-05-29T07:51:25","modified_gmt":"2026-05-29T07:51:25","slug":"totalenergies-se-tte-announces-signing-of-mou-with-the-egyptian-natural-gas-holding-company-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/france\/26879\/","title":{"rendered":"TotalEnergies SE (TTE) Announces Signing of MoU With the Egyptian Natural Gas Holding Company"},"content":{"rendered":"\n

TotalEnergies SE (NYSE:TTE<\/a>) is one of\u00a0the best commodity stocks to buy for the supercycle<\/a>.\u00a0TotalEnergies SE (NYSE:TTE) announced on May 13 the signing of a Memorandum of Understanding (MoU) with the Egyptian Natural Gas Holding Company (EGAS) on exploration activities, covering a significant area located in the north-western offshore of Egypt. Management stated that the MoU forms a technical cooperation framework, including preliminary exploration and subsurface evaluation activities. Nicola Mavilla, Senior Vice President Exploration at TotalEnergies SE (NYSE:TTE), stated that the agreement will \u201csupport the assessment of Egypt\u2019s deep offshore exploration potential\u201d.<\/p>\n

\"Is Is TotalEnergies SE (TTE) The Dirt Cheap Stock To Invest In Now? <\/p>\n

In a separate development, TD Cowen lifted the price target on TotalEnergies SE (NYSE:TTE) to $106 from $102 on May 1, maintaining a Buy rating on the shares. The firm stated that fiscal Q1 results benefited from the strong trading, while the company reiterated capex despite a fiscal Q1 miss. It added that TotalEnergies SE (NYSE:TTE) acknowledged the strong operating environment presents upside to previously guided buybacks and an opportunity to get leverage below target.<\/p>\n

TotalEnergies SE (NYSE:TTE) operates as a global integrated energy company that produces natural gas and green gases, oil and biofuels, as well as renewables and electricity. It is headquartered in Courbevoie, France, and operates through the following business segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services.<\/p>\n

While we acknowledge the potential of TTE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/a>.<\/p>\n

READ NEXT: 15 Stocks That Will Make You Rich in 10 Years<\/a> AND 12 Best Stocks That Will Always Grow<\/a>.<\/p>\n

Disclosure: None. Follow Insider Monkey on Google News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"TotalEnergies SE (NYSE:TTE) is one of\u00a0the best commodity stocks to buy for the supercycle.\u00a0TotalEnergies SE (NYSE:TTE) announced on…\n","protected":false},"author":2,"featured_media":26420,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12699],"tags":[13420,13309,19773,5726,16562,18754],"class_list":["post-26879","post","type-post","status-publish","format-standard","has-post-thumbnail","category-totalenergies","tag-nicola-mavilla","tag-offshore-exploration","tag-technical-cooperation","tag-totalenergies","tag-totalenergies-se","tag-tte"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/26879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=26879"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/26879\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/26420"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=26879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=26879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=26879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}