|Bid||12.10 x 1000000|
|Ask||12.70 x 1000000|
|Day's Range||12.60 - 12.60|
|52 Week Range||12.30 - 17.20|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||11.08|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Every investor in Repsol, S.A. (BME:REP) should be aware of the most powerful shareholder groups. Institutions often...
Moody's Investors Service ("Moody's") has today assigned a Baa3 senior unsecured rating to CEPSA Finance, S.A.U. (Cepsa Finance), a guaranteed subsidiary of Compania Espanola de Petroleos, S.A.U. (Cepsa), as well as a Baa3 rating to the senior unsecured notes issued by Cepsa Finance. The Baa3 rating of the notes issued by Cepsa Finance is in line with the Baa3 issuer rating of Cepsa, reflecting that Cepsa Finance is a guaranteed subsidiary of Cepsa.
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.
In March 2018 Cepsa acquired a 20% stake in Abu Dhabi National Oil Company's offshore Sarb & Umm Lulu 40-year concession for USD1.5 billion, which will add a significant volume of 2P reserves to bring the current total portfolio to around 470 mmboe and improve the reserve life, thus materially strengthening the company's upstream operations. Moody's understands that as of end-February 2019 Cepsa reported around EUR300 million cash on balance sheet, supported by a number of committed facilities with a total availabilities of around EUR2.2 billion, mostly maturing in 2022 and 2024.
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 ...
Blacktip, operated by Shell and co-owned by U.S. oil giant Chevron Corp, Equinor ASA and Repsol, is the company's second material discovery in the Perdido Corridor, Shell's Upstream Director Andy Brown said. "The Blacktip exploration well has encountered more than 400 feet (122 metres) net oil pay with good reservoir and fluid characteristics," the company said.
HOUSTON/MEXICO CITY (Reuters) - Spain's Repsol suspended its swaps of refining products for crude with Venezuela's state-run oil company PDVSA, people familiar with the matter said, as U.S. officials weighed penalties for foreign firms doing business with Venezuela. The Spanish oil company has been swapping fuel and waiving payments due from a joint venture with PDVSA in exchange for crude, even as the United States rolled out new sanctions aimed at ousting Venezuela's socialist President Nicolas Maduro.
HOUSTON/MEXICO CITY (Reuters) - Spain's Repsol has suspended its swaps of refined products for crude with Venezuela's state-run oil company PDVSA, people familiar with the matter said, as U.S. officials weigh penalties for foreign firms doing business with Venezuela. The Spanish oil company has been swapping fuel and waiving payments due from a joint venture with PDVSA in exchange for crude, even as the United States rolled out new sanctions aimed at ousting Venezuela's socialist President Nicolas Maduro.
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..
Royal Dutch Shell said on Tuesday it will start drilling an exploration well in a block off Bulgaria's Black Sea coast next month for oil and gas. Shell has teamed up with Spain's Repsol and Australia's Woodside Energy after sealing a contract with Bulgaria in 2016 for deepwater exploratory drilling as part of Sofia efforts to end its almost complete reliance on Russia's natural gas supplies. It is Shell's only upstream project in Bulgaria.
ALGIERS/LONDON, March 20 (Reuters) - Talks between Exxon Mobil and Algeria to develop a natural gas field in the North African country have stalled because of unrest, industry sources said, the first economic fallout from the almost month-long anti-government protests. Irving, Texas-based Exxon entered talks with Algeria's national oil company Sonatrach several months ago to develop a field in the southwestern Ahnet basin, the sources close to the discussions said.
The U.S. Federal Energy Regulatory Commission on Tuesday approved Venture Global LNG Inc's request to proceed with full site preparation at its proposed $4.5 billion Calcasieu Pass liquefied natural gas ...
Algeria's newly-appointed prime minister has started talks to form a new government, state media reported on Sunday, in a move designed to placate protesters demanding President Abdel Aziz Bouteflika and his inner circle step down. The discussions began as some workers at Algeria's biggest gas field staged a protest against "extending the fourth term", an energy official said, referring to a proposal by Bouteflika to stay in office until a new constitution is adopted.
JOHOR, Malaysia/JAKARTA, March 7 (Reuters) - On the southernmost edge of the Asian landmass and on the shores of the busy shipping lanes of the Singapore Strait, Malaysia's Petronas is starting up a state-of-the art petroleum processing hub, called RAPID. The huge complex in Malaysia's Johor province is currently testing its systems, running crude oil through its fuel processing units and labyrinth of pipes and producing large exhaust gas fires from its flare tower. The flames are clearly visible for miles around, including on Indonesian islands just across the narrow strait.
Tensions between Beijing and Hanoi are rising as Vietnam’s surging energy demand is quickly spiraling out of control, weighing on its resources