According to CoinMeta, the rotation in the energy sector and the decline in oil prices have put pressure on TotalEnergies SE ( NYSE : TTE ). In the second quarter of 2026, global stock markets rose by 14.9% when denominated in US dollars, mainly driven by optimism regarding artificial intelligence renewed enthusiasm, strong corporate earnings, and a relaxation of tensions with Iran. Although TotalEnergies continues to benefit from its diversified portfolio of liquefied natural gas, renewable energy, and electricity, the decline in crude oil and natural gas prices has affected its revenue forecasts and cash flow projections. The company's stock price has risen by 43.01% over the past 52 weeks, with a market value reaching $190.44 billion.