Narrative Update • May 13

The Energy industry is up 3.6% in the last week, with TotalEnergies up 3.8%. This takes the industry's 12 month performance to a gain of 39%. As for the next few years, earnings are expected to grow by 5.6% per annum.
Has the French Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 16 May 2026 | €208.4b | €189.5b | €14.7b | 17.8x | 14.2x | 1.1x |
| Mon, 13 Apr 2026 | €206.7b | €186.9b | €12.9b | 17.7x | 16x | 1.1x |
| Wed, 11 Mar 2026 | €183.1b | €188.8b | €13.0b | 15.8x | 14x | 1x |
| Fri, 06 Feb 2026 | €167.3b | €187.4b | €13.8b | 14.6x | 12.2x | 0.9x |
| Sun, 04 Jan 2026 | €139.9b | €185.4b | €13.4b | 14.8x | 10.4x | 0.8x |
| Tue, 02 Dec 2025 | €142.4b | €186.7b | €13.5b | 15x | 10.5x | 0.8x |
| Thu, 30 Oct 2025 | €138.3b | €190.1b | €12.2b | 15.3x | 11.3x | 0.7x |
| Sat, 27 Sep 2025 | €139.2b | €188.6b | €12.1b | 14.9x | 11.5x | 0.7x |
| Mon, 25 Aug 2025 | €141.0b | €191.5b | €12.4b | 11.4x | 11.4x | 0.7x |
| Wed, 23 Jul 2025 | €137.7b | €195.0b | €13.3b | 12.3x | 10.3x | 0.7x |
| Fri, 20 Jun 2025 | €142.5b | €198.6b | €13.6b | 14.9x | 10.5x | 0.7x |
| Sun, 18 May 2025 | €138.1b | €203.9b | €14.0b | 14x | 9.9x | 0.7x |
| Tue, 15 Apr 2025 | €129.8b | €203.9b | €15.4b | 14.3x | 8.4x | 0.6x |
| Thu, 13 Mar 2025 | €146.3b | €212.3b | €16.4b | 13.2x | 8.9x | 0.7x |
| Sat, 08 Feb 2025 | €151.7b | €221.9b | €17.0b | 12.8x | 8.9x | 0.7x |
| Mon, 06 Jan 2025 | €141.4b | €229.8b | €18.1b | 12x | 7.8x | 0.6x |
| Wed, 04 Dec 2024 | €140.4b | €225.7b | €17.8b | 10.7x | 7.9x | 0.6x |
| Fri, 01 Nov 2024 | €151.2b | €219.6b | €17.3b | 10.1x | 8.7x | 0.7x |
| Sun, 29 Sep 2024 | €151.1b | €220.7b | €20.8b | 11x | 7.3x | 0.7x |
| Tue, 27 Aug 2024 | €160.9b | €220.8b | €20.8b | 9x | 7.7x | 0.7x |
| Thu, 25 Jul 2024 | €161.7b | €228.9b | €21.7b | 11.6x | 7.4x | 0.7x |
| Sat, 22 Jun 2024 | €159.7b | €231.6b | €22.0b | 11.8x | 7.3x | 0.7x |
| Mon, 20 May 2024 | €173.7b | €228.3b | €21.6b | 12.1x | 8x | 0.8x |
| Wed, 17 Apr 2024 | €182.7b | €239.1b | €22.3b | 8.3x | 8.2x | 0.8x |
| Fri, 15 Mar 2024 | €167.7b | €237.0b | €21.0b | 8.9x | 8x | 0.7x |
| Sun, 11 Feb 2024 | €159.6b | €238.9b | €21.1b | 8.4x | 7.6x | 0.7x |
| Tue, 09 Jan 2024 | €159.0b | €243.8b | €19.2b | 8.8x | 8.3x | 0.7x |
| Thu, 07 Dec 2023 | €158.9b | €247.3b | €19.5b | 8.8x | 8.2x | 0.6x |
| Sat, 04 Nov 2023 | €163.6b | €248.5b | €19.5b | 8.7x | 8.4x | 0.7x |
| Mon, 02 Oct 2023 | €165.0b | €261.9b | €19.7b | 8.3x | 8.4x | 0.6x |
| Wed, 30 Aug 2023 | €154.6b | €256.0b | €19.2b | 8.7x | 8x | 0.6x |
| Fri, 28 Jul 2023 | €145.2b | €272.8b | €20.7b | 10.4x | 7x | 0.5x |
| Sun, 25 Jun 2023 | €139.3b | €275.1b | €20.9b | 9.3x | 6.7x | 0.5x |
| Tue, 23 May 2023 | €149.5b | €277.0b | €21.1b | 9.5x | 7.1x | 0.5x |
7.1x
Which industries have driven the changes within the French Energy sector?
| FR Market | -1.98% | |
| Energy | 3.61% | |
| Energy Services | 5.86% | |
| Oil and Gas | 3.46% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TTE TotalEnergies | €78.68 | 3.8% +€6.1b | 47.8% | PE12.9x | |
| VK Vallourec | €26.62 | 12.8% +€693.3m | 57.7% | PE17.8x | |
| GTT Gaztransport & Technigaz | €209.40 | 2.9% +€222.4m | 34.5% | PE18.8x | |
| MAU Etablissements Maurel & Prom | €10.13 | 5.6% +€106.7m | 111.7% | PE5.7x | |
| TE Technip Energies | €37.08 | 0.7% +€40.3m | 15.0% | PE18.8x |