|Bid||14.50 x 60000|
|Ask||14.90 x 60000|
|Day's Range||14.40 - 14.40|
|52 Week Range||12.20 - 16.30|
|Beta (3Y Monthly)||0.70|
|PE Ratio (TTM)||11.69|
|Forward Dividend & Yield||1.02 (7.07%)|
|1y Target Est||N/A|
France's Total SA , the big winner in a Brazilian auction of offshore oil concessions on Thursday, said it will not participate in a bigger auction scheduled for Nov. 6 of the so-called Transfer of Rights area in Brazil's pre-salt region. The company's chief executive officer, Patrick Pouyanné, said in a statement that was because the competitive bidding rounds were for non-operating stakes. A consortium led by Total won the exploration and production rights for an offshore block near the pre-salt region on Thursday, agreeing to pay the government a signing bonus of 4 billion reais ($978 million).
Venezuela's oil exports ticked up in September from the previous month, but not enough to reduce high inventories that have forced the country to pare its output, according to Refinitiv Eikon and PDVSA internal data. Fewer buyers have been taking Venezuelan crude amid U.S. efforts to oust socialist President Nicolas Maduro. In August, the United States expanded its efforts to punish non-U.S. firms "materially assisting" Maduro.
The deal would be a boon to Exxon's plans to accelerate asset sales, as it seeks to raise cash to return to shareholders and fund major projects. Suppressed oil prices have weighed on the appetite of oil majors to buy such assets. Representatives for Exxon and Repsol declined to comment.
Recently announced plans to foster competition in the Brazilian natural gas market may trigger a wave of privatizations among state-controlled distribution companies, luring international and domestic bidders, experts on the sector say. Brazil's Cosan SA and Spain's Naturgy Energy Group SA, are among the companies potentially interested in the segment, which also include Portugal's Galp , France's Engie and Spain's Repsol , consultants, lawyers and other experts said. The plan to overhaul Brazil's domestic natural gas market, approved by Brazil's energy policy council in late June, calls for companies with a "dominant position" to sell all of their stakes in distributors.
NEW YORK/CALGARY (Reuters) - Spanish energy company Repsol SA is cutting about 30% of its Canadian workforce as part of global restructuring, the company said in an emailed statement on Tuesday. Repsol joins a string of large international energy companies that have either reduced exposure to Canada or exited the country's oil sands sector to focus investment elsewhere. Repsol said it had cut staff in its Calgary, Chauvin and Edson offices.
Spain's Caixabank posted a 24 percent fall in first-quarter net profit on Tuesday on lower trading income and after it cut its stake in oil major Repsol. Caixabank, Spain's third largest bank, reported net profit of 533 million euros (£460.8 million) in the first three months of the year, below an average of analysts' forecasts in a Reuters poll of 548 million euros. Caixabank has relied heavily in the past on hefty dividends and income from its holdings, but changed strategy after it announced in September it was selling its 9.4 percent stake in Repsol.
Spanish oil and gas firm Repsol said on Tuesday first quarter adjusted net profit rose 6 percent from a year earlier, as a fall in oil and gas prices and a halt to production in Libya were offset by lower costs and a stronger U.S. dollar. The price of Brent crude averaged $63 per barrel in the first three months of the year, down 5.5 percent from the same period in 2018, which France's Total said last week had crimped its profits. Recurring net profit adjusted for one-off gains and inventory effects (CCS net profit) came in at 618 million euros (£534 million) for the January to March period, compared with 583 million euros at the beginning of 2018.
JAKARTA, April 26 (Reuters) - * A consortium led by Spain's Repsol is advancing their first production schedule from Saka Kemang oil and gas block in South Sumatra by 2 years, Indonesia's deputy energy ...
The United States will make a decision about Spanish oil company Repsol's activity in Venezuela in coming days, U.S. Venezuela envoy Elliott Abrams said on Thursday. Since the United States imposed fresh sanctions on Venezuela and its state-run oil firm PDVSA in January, the country's main oil and oil products suppliers have been Repsol, Russian state oil major Rosneft, India's Reliance Industries and trading houses Vitol and Trafigura, according to sources and vessel-tracking data..
Tensions between Beijing and Hanoi are rising as Vietnam’s surging energy demand is quickly spiraling out of control, weighing on its resources
MEXICO CITY/MOSCOW/LONDON (Reuters) - Venezuela is paying heavy premiums for fuel imports from Russia and Europe, with fewer than a dozen sellers seeing the risk as worth the reward after flows from the United States dried up because of sanctions, trading sources said and data showed. Since the United States imposed fresh sanctions on Venezuela on Jan. 28, products supplies have mainly come from Russian state oil major Rosneft, Spain's Repsol, India's Reliance Industries and trading houses Vitol and Trafigura, according to sources and vessel-tracking data. Russia has been a traditional political backer of Caracas, while India and Spain also have long-standing trade ties.
A consortium led by Repsol has found new gas resources in Indonesia estimated at at least 2 trillion cubic feet, the Spanish oil and gas firm said on Tuesday, equivalent to around two years' worth of Spanish demand. The discovery at the Sakakemang block in South Sumatra is among the 10 largest finds worldwide in the last 12 months, and the biggest in Indonesia for 18 years, Repsol said. Following its strategy to maximise the use of gas as major economies phase out carbon, Repsol plans to drill another appraisal well in the area in the coming months, it said.