|Bid||380.00 x 0|
|Ask||475.00 x 0|
|Day's Range||470.00 - 470.00|
|52 Week Range||240.00 - 470.00|
|PE Ratio (TTM)||283.30|
|Forward Dividend & Yield||17.01 (4.37%)|
|1y Target Est||N/A|
When Repsol SA. (BME:REP) released its most recent earnings update (31 March 2018), I wanted to understand how these figures stacked up against its past performance. The two benchmarks IRead More...
Repsol (REPYY) is likely to keep its current production level stable for the time being while making a major move toward clean energy.
Repsol SA will no longer seek growth for its oil and gas business in preparation for the global transition to cleaner energy, according to a person familiar with the matter. Bloomberg's Will Kennedy on ...
Repsol SA will no longer seek growth for its oil and gas business in preparation for the global transition to cleaner energy, according to a person familiar with the matter. The Spanish energy company is the first of its peers to make such a move. It illustrates how the industry’s strategic decisions are starting to be influenced by emissions curbs, electric cars and renewable energy, which have stoked questions about the strength of long-term demand.
Spanish oil major Repsol is in talks with Vietnam's state oil company and national authorities over compensation for the suspension of an oil drilling project in the South China Sea, its chief financial officer said on Friday. Vietnam halted the project in the "Red Emperor" block off its southeastern coast, which is licensed to Repsol, after coming under pressure from China, sources said in March. "We are already in conversations with Petrovietnam and Vietnamese authorities in order to be compensated for the impact of the suspension of the project," CFO Miguel Martinez said on a conference call to present first-quarter results.
MADRID (AP) — Spanish energy company Repsol says its net income fell to 610 million euros ($730 million) in the first quarter of this year, down from 689 million euros in the same period of 2017.
Spanish oil major Repsol (REP.MC) posted an 8 percent year-on-year increase in adjusted first-quarter net profit on Friday, as higher Brent oil prices and increased production offset lower refining margins. Repsol said higher prices for oil and gas, including a 24 percent rise in Brent over the year, helped push recurring net profit adjusted for one-off gains and inventory effects (CCS net profit) to 616 million euros ($737.6 million) in January-March. Repsol said on Friday its first-quarter results were supported by a decrease in financial costs.
Repsol is in talks with Vietnam's state oil company and national authorities over compensation for the suspension of an oil drilling project in the South China Sea.
Indonesian President Joko Widodo on Wednesday slammed state-owned oil firm Pertamina, saying it hadn't invested enough in exploration, while blasting red tape hobbling the industry and urging investors to report problematic rules to him directly. Widodo's comments come after the government in April sacked Pertamina's chief executive after repeated clashes with the government over fuel price controls estimated to have cost the firm some $1.4 billion from January to September last year. "What often makes me shake my head in the oil and gas sector, for example, is Pertamina," said Widodo, speaking at the opening of the annual Indonesia Petroleum Association (IPA) conference.
Repsol SA.’s (BME:REP) most recent earnings announcement in December 2017 signalled that the company benefited from a strong tailwind, leading to a double-digit earnings growth of 48.47%. Below is aRead More...
Vietnam’s state-owned oil company said South China Sea tensions will hurt oil and gas exploration and efforts to attract foreign investment to offshore fields.
The size of Repsol SA. (BME:REP), a €22.34B large-cap, often attracts investors seeking a reliable investment in the stock market. Market participants who are conscious of risk tend to searchRead More...
Mexico saw patchy demand for oil and gas blocks auctioned on Tuesday under the shadow of promises by a presidential frontrunner to review contracts awarded under a historic energy opening if he wins the July 1 election. Spain's Repsol (REP.MC) and Britain's Premier Oil (PMO.L) were among the winners but 19 of the 27 blocks in the first two Gulf coast basins on offer received no bids, Mexico's energy regulator said. Leftist Andres Manuel Lopez Obrador, who has a comfortable lead in most polls, said that if he wins the July 1 vote, he would review more than 90 contracts signed since Mexico passed legislation in 2013 ending the 75-year monopoly of state energy firm Pemex.
HANOI/SINGAPORE (Reuters) - Vietnam has halted an oil drilling project in the "Red Emperor" block off its southeastern coast licensed to Spanish energy firm Repsol (REP.MC) following pressure from China, three sources with direct knowledge of the situation told Reuters on Friday. It would be the second time in less than a year that Vietnam has had to suspend a major oil development in the busy South China Sea waterway under pressure from China.
Repsol SA. (BME:REP) saw significant share price volatility over the past couple of months on the BME, rising to the highs of €15.94 and falling to the lows of €13.75.Read More...
Oil majors are evaluating bids for offshore exploration rights in Argentina, a major change in a country that sent Spanish energy giant Repsol (REP.MC) packing six years ago and has seen little offshore exploration for decades. To secure bids, Argentina will need to show it has moved beyond its historical fluctuations between free-market policies and left-wing populism and that it has made progress in lowering costs for energy firms. Oil companies including Shell and Statoil told Reuters they are looking at bidding in the auctions, to be held later this year, and a government official said Exxon and Chevron have also shown interest.
Spanish oil firm Repsol announced on Monday it would open 200 gasoline stations in Mexico in 2018, with plans to open a similar number annually in coming years to attain up to 10 percent market share in five years. Maria Victoria Zingoni, Repsol's downstream director, said at a news conference that the company will invest a total 8 billion pesos ($430 million) over the coming years in building new fuel stations and infrastructure, taking advantage of a fuel sector that is opening up after a sprawling energy overhaul in 2013. "Mexico is a country that is growing ... that is in the midst of the process of opening up due to the energy reform, and in which demand for fuels is growing," Zingoni said.
MEXICO CITY (AP) — Spain's Repsol has opened its first gas stations in Mexico and says it's aiming for up to 10 percent market share within five years.
Oil majors Exxon Mobil (XOM.N), Total (TOTF.PA) and Repsol (REP.MC) are among members of two consortia that have submitted bids to explore for oil and gas off Greece. Greece's oil and gas resources management company (HHRM) said on Monday that Exxon and Total, each with 40 percent stakes, and Hellenic Petroleum had jointly bid to explore off Crete, while Spain's Repsol and Hellenic Petroleum had submitted a joint bid for a block in the Ionian Sea.
Spain's Repsol (REP.MC) has asked Bank of America-Merrill Lynch to value its energy portfolio in the North Sea as it considers leaving a troubled joint venture with China's Sinopec , two banking sources said. Repsol Sinopec Resources UK was formed in 2015 as part of the Spanish producer's $8.3 billion (£6 billion) acquisition of Canadian oil and gas company Talisman Energy, which held the North Sea assets in a joint venture with Sinopec.
MADRID (AP) — Spanish energy company Repsol says cost reduction efforts, resumed production in Libya and rising market prices for crude boosted its earnings rise last year.
May.15 -- Repsol SA will no longer seek growth for its oil and gas business in preparation for the global transition to cleaner energy, according to a person familiar with the matter. Bloomberg's Will Kennedy on "Bloomberg Markets: European Close."