8 Most Undervalued Natural Gas Stocks To Buy According To Analysts

5. TotalEnergies SE (NYSE:TTE

Upside Potential: 33.12%

Forward P/E Ratio as of December 9: 6.90

Number of Hedge Fund Investors: 17

Stock Price as of December 9: $56.91

TotalEnergies SE (NYSE:TTE)  is a French multinational integrated energy company that serves a wide range of clients, including governments, industries, and individuals, through its integrated energy business spanning crude oil production, natural gas, petrochemicals, and renewables.

TotalEnergies SE (NYSE:TTE) is heavily investing in renewable energy and expanding its natural gas operations to meet rising global demand. The company is enhancing its integrated LNG portfolio by securing long-term sales contracts and acquiring low-cost upstream gas supplies. The company signed several medium-term LNG sales contracts in Asia, totaling 4 million tons, and has signed an agreement with Lewis Energy Group to acquire a 45% interest in dry gas-producing assets in the Eagle Ford in Texas. Furthermore, TotalEnergies SE (NYSE:TTE) is working to improve the financial viability of its gas operations by focusing on negotiating better terms for gas transfer prices. The company is ensuring that its upstream projects are economically viable and contributing to the overall profitability of the company.

TotalEnergies SE (NYSE:TTE) is also divesting non-core assets to streamline its portfolio and improve its financial position. The company is currently in the process of selling onshore assets in Nigeria and other regions where it sees limited long-term potential. By focusing on core business areas and optimizing its asset base, TotalEnergies SE (NYSE:TTE) aims to enhance its operational efficiency and financial resilience.