COMPARE · Reviewed July 29, 2026

TTE vs VET

Verdict: Side-by-side breakdown using the Bull Rankings model. TTE scored 61.4, VET scored 65.6 — VET leads.
Compare another set
TTE
TotalEnergies SE
Oil & Gas Integrated · Quality-Growth
61.4
$87.25 · $193.7B
fundamentals as of
Score gap
4.2
VET leads
VET
Vermilion Energy Inc.
Oil & Gas E&P · Quality-Growth
65.6
$11.44 · $1.8B
fundamentals as of
THE BULL RANKINGS SCORECARD61/ 100 · BULL SCOREPEER MEDIANQUALITY81GROWTH50VALUE57
THE BULL RANKINGS SCORECARD66/ 100 · BULL SCOREPEER MEDIANQUALITY66GROWTH50VALUE100
TTE
stronger →← stronger
VET
81
Qualityreturns · margins · balance sheet
66
50
Growthrevenue & earnings expansion
50
57
Valuevaluation vs sector peers
100
TTE and VET split the three pillars evenly.
TTE
VET
$16.2bA-
FCF
$990mC+
-6.2%D
Rev
+14.1%B+
0.48B
D/E
0.64B
10.9xA-
P/E
0.72A-
PEG
P/S
1.4xB+
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
TTE
VET
2% below
Price vs fair valuelower is cheaper
92% below
~-2%/yr
Growth the price implies10-yr FCF · lower = less priced in
decline
+14%
1-yr DCF upside
+909%
+2%
5-yr DCF upside
+1226%
-12%
10-yr DCF upside
+1882%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
TTE
Why this score
  • Buying back stock
  • Raising its dividend
  • Durable high returns
  • Revenue shrinking
VET
Why this score
  • Raising its dividend
  • Cyclical growth
  • Short track record
  • Foreign reporter (CAD)
TTETotalEnergies SE
Oil & Gas Integrated · $87.25 · beta 0.05
Why now
Oil & Gas Integrated · market cap $193.7b. 7% off the 52-week high of $94.17. Revenue -6% — in contraction; any catalyst that reverses this triggers re-rating. PEG 0.72 — paying under fair value for the growth rate. 10 sell-side analysts rate this a Buy with a mean 1-yr target of $95.00 (implying +9% upside).
Moat
ROE 11% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere. FCF converts 121% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined. $193.7b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Revenue contracting -6% — the operational turn is not yet visible in the top line. Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.
VETVermilion Energy Inc.
Oil & Gas E&P · $11.44 · beta 0.49
Why now
Oil & Gas E&P · market cap $1.8b. Down 23% from 52-week high of $14.82 — deep drawdown territory. Revenue growing +14%, comfortably above the S&P median.
Moat
Turnaround / out-of-favor name — GAAP-unprofitable for now, so the durability case is forward-looking: it rests on a recovery (margin normalization, a cyclical upturn or restructuring) or an un-monetized asset (IP / network effects / first-mover position) rather than on current reported results.
Risk
Currently unprofitable (margin -37.0%) — path to GAAP profitability is the core thesis risk. ROE -29% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate. Jurisdictional + permitting risk — mining and extraction operations concentrate exposure to political stability, royalty regimes, and environmental review timelines that can stall production for years.
Generating verdict… typically 5–10 seconds
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