Geopolitics Alpha

TotalEnergies profit hits record on high oil prices

Published . Updated .

TotalEnergies profit hits record on high oil prices

French oil and gas giant TotalEnergies said Thursday that its net profit hit a new record in the third quarter as the war in the Middle East pushed up hydrocarbon prices.

Directly affected

  • TTE TotalEnergies SE

    Named in this report.

Indirectly affected

  • USO United States Oil Fund+4.8% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.5% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • UNG United States Natural Gas Fund-7.0% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • BWET Breakwave Tanker Shipping ETF+38.2% 18d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.

  • EWQ iShares MSCI France ETF-6.5% 11d

    iShares MSCI France ETF holds stocks listed in France, which this story is about (“french”).

  • XOM ExxonMobil Holdings+9.0% 13d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • CVX Chevron+7.9% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • COP ConocoPhillips+8.0% 30d

    ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TTENo price data for this ticker———————
USO-2.52%-0.26%baseafter closeafter closeafter closeafter close
XLE-1.29%+1.72%baseafter closeafter closeafter closeafter close
UNGNo price data for this ticker———————
BWETNo price data for this ticker———————
EWQNo price data for this ticker———————
XOM-2.14%+1.35%baseafter closeafter closeafter closeafter close
CVX-1.18%+1.19%baseafter closeafter closeafter closeafter close
COP-2.27%+1.58%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

TotalEnergies profit hits record on high oil prices France 24

Source: France 24

The price since 29 Oct 2026: United States Oil Fund (USO) versus the S&P 500

CompanyWhenMoveStatus
Conocophillips (COP)three days earlier+1.58%final price
Conocophillips (COP)five days earlier-2.27%final price
Chevron (CVX)three days earlier+1.19%final price
Chevron (CVX)five days earlier-1.18%final price
United States Oil Fund (USO)three days earlier-0.26%final price
United States Oil Fund (USO)five days earlier-2.52%final price
Select Sector Spdr Tr (XLE)three days earlier+1.72%final price
Select Sector Spdr Tr (XLE)five days earlier-1.29%final price
ExxonMobil Holdings (XOM)three days earlier+1.35%final price
ExxonMobil Holdings (XOM)five days earlier-2.14%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Middle East, seven days against thirty

Middle East

Geopolitics Alpha has 0 stories about Middle East from the past 7 days and 0 stories from the past 30. “TotalEnergies profit hits record on high oil prices” is tagged to Middle East.

Who is named in “TotalEnergies profit hits record on high oil prices”

The side that tends to collect

  • XOM ExxonMobil Holdings

    In “TotalEnergies profit hits record on high oil prices,” ExxonMobil Holdings (XOM) tends to benefit, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • CVX Chevron

    For “TotalEnergies profit hits record on high oil prices,” Chevron (CVX) tends to benefit, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

No up or down call on file

  • USO United States Oil Fund

    For “TotalEnergies profit hits record on high oil prices,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

  • XLE Select Sector Spdr Tr

    In “TotalEnergies profit hits record on high oil prices,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • COP Conocophillips

    Conocophillips (COP) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “TotalEnergies profit hits record on high oil prices.” Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • SHEL Shell

    Shell (SHEL) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “TotalEnergies profit hits record on high oil prices.” Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

United States Oil Fund (USO) and the energy link

On 29 Oct 2026, “TotalEnergies profit hits record on high oil prices” is the story that connects United States Oil Fund (USO) to Middle East.

United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

The price range for United States Oil Fund (USO), and the dates in the story

USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 163.62. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.23. XOM traded between 165.22 and 184.89 across 12 sessions. The latest close on file is 179.88.

How strong the case is around United States Oil Fund (USO)

46 out of 100

“TotalEnergies profit hits record on high oil prices” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.