In this clip from "The High Energy Show" on Motley Fool Live, recorded on May 31, Fool.com contributor Tyler Crowe shares why he thinks TotalEnergies (TTE -0.69%) is the top integrated oil and gas company for investors right now.
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Tyler Crowe: That company is actually TotalEnergies, TTE. If I were to actually pick an integrated oil and gas company right now, it would be that one for those simple fact that the combination of its oil, LNG, and then its tailwinds into renewable energy. I think is going to make it very profitable for the next five years, with its oil and gas investments. Then that transition is going to be well-funded and has a lot of opportunity. They have a majority in SunPower, one of Travis' fan-favorites. They also own Saft, which is a major battery company out of France. It's an advanced battery tech.
Also one of the things that their target is to have a 100 gigawatts of renewable power generation by 2030 installed as their base, which would make them four times the size of NextEra Energy's power generation base. Total, not just renewables, total base of NextEra's. I think that if I were to pick something, I wish there was an addendum to the basket where we could add that one. That would be the pick I think is the tried and true member of today's energy that looks incredibly prospective for the future.
