REP.MC - Repsol, S.A.
| Previous Close | 14.38 |
| Open | 14.50 |
| Bid | 14.31 x 0 |
| Ask | 14.31 x 0 |
| Day's Range | 14.28 - 14.53 |
| 52 Week Range | 12.36 - 15.66 |
| Volume | 7209070 |
| Avg. Volume | 6,855,524 |
| Market Cap | 21B |
| Beta (5Y Monthly) | 1.15 |
| PE Ratio (TTM) | 13.55 |
| EPS (TTM) | 1.06 |
| Earnings Date | Feb 26, 2020 - Mar 2, 2020 |
| Forward Dividend & Yield | 0.93 (6.46%) |
| Ex-Dividend Date | 2019-12-17 |
| 1y Target Est | 17.09 |
- Simply Wall St.
Just 3 Days Before Repsol, S.A. (BME:REP) Will Be Trading Ex-Dividend
Readers hoping to buy Repsol, S.A. (BME:REP) for its dividend will need to make their move shortly, as the stock is...
- Simply Wall St.
Josu Jon Imaz San Miguel Is The CEO & Executive Director of Repsol, S.A. (BME:REP) And They Just Spent €72k On Shares
Whilst it may not be a huge deal, we thought it was good to see that the Repsol, S.A. (BME:REP) CEO & Executive...
- Reuters
Investors urge Big Oil to follow 'poster child' Repsol's climate pledge
Investors cheered Spanish group Repsol's pledge to slash net carbon emissions to zero by mid-century, saying they hope it will pile pressure on rival oil and gas companies to follow suit in the fight against climate change. The world's top oil and gas companies are under heavy pressure, not only from environmental groups but also from institutional investors, to fall in line with targets set in the 2015 Paris climate agreement to limit global warming. Repsol on Monday became the first leading energy firm to commit to a net-zero emission target, outdoing Royal Dutch Shell that had set out an ambition to halve emissions by 2050.
- Benzinga
Repsol Announces Net-Zero Emissions By 2050
As the annual U.N. Climate Conference gets underway this week in Madrid, Spanish oil giant Repsol announced it will eliminate all greenhouse gas emissions from its own operations and most of its products by 2050. The Paris Agreement targets aim to limit planetary warming to less than 2 degrees Celsius compared with preindustrial levels. Acknowledging the declining value of oil and gas assets in a post-carbon emissions world, the company said aligning its business model with the climate goals will result in a €4.8 billion ($5.3 billion) accounting charge.
- MarketWatch
Fossil-fuel giant Repsol targets net-zero emissions in strategic shift
The company said late Monday that its management analyzed the company’s role “in the fight against climate change,” which triggered the strategic shift.
- Bloomberg
Repsol Is First Oil Major to Pledge Zero Emissions by 2050
(Bloomberg) -- Repsol SA embarked on the most ambitious attempt yet by an oil major to align itself with the Paris climate goals, saying it will eliminate all greenhouse gas emissions from its own operations and its customers by 2050.The Spanish giant’s exploration and production unit will focus on value instead of output growth, according to a statement from the company on Monday. It also revised its long-term view of the value of oil and gas assets in a decarbonizing world, resulting in a 4.8 billion-euro ($5.3 billion) accounting charge.Spending will be redirected into the transition to clean energy, and Repsol’s board of directors approved new investments in two solar and one wind project with a combined capacity of 1,600 megawatts, boosting the company’s total renewables portfolio by 40%.“We are convinced that we must set more ambitious objectives to fight climate change,” Chief Executive Officer Josu Jon Imaz said in a statement on Monday. “We believe now it is the right time for Repsol. We do it with the utmost confidence.”Under PressureOil majors are under increasing pressure to transform their businesses in line with climate goals, not just from environmental groups but also from large institutional investors. Repsol’s peers Royal Dutch Shell Plc, BP Plc and Total SA have set their own targets to reduce emissions and are investing in renewable energy, electric-car charging and battery technology.While there’s growing acceptance that fossil fuel producers must make this transition, investors also worry whether companies that have focused for decades on oil and gas can thrive in the very different business of harvesting energy from the wind, waves and sun.Trading of Repsol shares in Madrid had closed at the time of the announcement, but its depository receipts in New York dropped sharply, trading 2.5% lower at $15.275 at 1:07 p.m. local time.By 2025, Repsol aims to reduce a measure called the carbon intensity indicator by 10% from a 2016 baseline. The reduction will deepen to 20% by 2030, 40% by 2040, and net-zero carbon dioxide emissions by 2050, according to the statement. The targets are for so-called scope three emissions, which includes those from end-users of the company’s products, a Repsol spokesman said. The company will link at least 40% of the long-term variable pay of its managers and leaders, including the CEO and senior executives, to objectives that lead the company to comply with the Paris Agreement. Each investment will be considered in terms of compliance with the climate agreement.To contact the reporter on this story: James Herron in London at jherron9@bloomberg.netTo contact the editors responsible for this story: James Herron at jherron9@bloomberg.net, Christopher SellFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Rigzone.com
Repsol Sets Net Zero Goal
Repsol revealed Monday that it aims to be a net zero emissions company by 2050.
- Reuters
Venezuelan oil exports rebound in November on shipments to India -data
Venezuela's state-run PDVSA and its joint ventures exported over 1 million barrels per day (bpd) of crude and fuel last month, rebounding from October due to larger sales to India, according to internal company reports and Refinitiv Eikon data. The company sent a total of 37 cargoes containing 1.037 million bpd in November, a 25% increase from October, and the third highest monthly figure since the U.S. government in January imposed tough sanctions on PDVSA. Petróleos de Venezuela, S.A., known as PDVSA, did not respond to a request for comment on Monday.
- Financial Times
Repsol sets net-zero CO2 emissions target for 2050
Repsol has set an industry leading net-zero carbon dioxide emissions target for 2050 as the energy sector comes under increasing pressure to take responsibility for its role in enabling climate change. The Spanish oil and gas company on Monday announced an overhaul of its business strategy — from re-evaluating long-term energy prices to ensuring “all of its activities and investments” are in line with the Paris climate goals of limiting global temperature rises to well below 2C. Repsol said it could achieve two-thirds of the 2050 goal through actions such as moving away from carbon intensive projects, using cleaner forms of energy to power refineries, adding more biofuels into diesel and petrol, cutting flaring and methane leaks, and increasing renewable power in its energy mix.
- PR Newswire
Repsol to Webcast Live at VirtualInvestorConferences.com December 4th
Repsol (REPYY; REPYF), based in Madrid and a global multienergy company, today announced that Álvaro Visús, IR Front Office Officer, will present live at VirtualInvestorConferences.com on December 4th.
- Oilprice.com
Iraq’s Oil Industry Rocked By Two New Corruption Scandals
Two major corruption scandals are rocking Iraq’s politics, with the nation’s de-facto ruler Moqtada Al-Sadr benefitting from the chaos
- Simply Wall St.
Why You Should Care About Repsol, S.A.’s (BME:REP) Low Return On Capital
Today we'll evaluate Repsol, S.A. (BME:REP) to determine whether it could have potential as an investment idea. In...
- Thomson Reuters StreetEvents
Edited Transcript of REP.MC earnings conference call or presentation 31-Oct-19 11:30am GMT
Q3 2019 Repsol SA Earnings Call
- Rigzone.com
Repsol Turns to Alberta for Mexican, Venezuelan Oil Replacement
Repsol is looking as far away as Western Canada for oil for its European refineries amid dwindling supplies from Mexico and Venezuela.
- Reuters
Indonesia signs 20-year production sharing contract for Corridor block
* Indonesia's government signed on Monday a production sharing contract with units of ConocoPhillips, PT Pertamina and Repsol SA for the Corridor natural gas blocks, Energy and Mineral Resources Minister Arifin Tasrif told reporters. * "The government considers the existing contractors to have the technical and financial capabilities (to operate Corridor)," Tasrif said and hopes production from Corridor would be expanded. * The Corridor block in Jan-Sept this year delivered 833 million standard cubic feet of gas per day (mmscfd), according to data from upstream oil and gas regulator SKK Migas.
- Rigzone.com
Equinor Inks $325MM Deal to Sell Eagle Ford Assets to Repsol
Equinor has signed an agreement to divest its position in the Eagle Ford to Repsol for $325 million.
- Reuters
UPDATE 1-Equinor sells its assets at U.S. Eagle Ford to Repsol for $325 mln
Norway's Equinor agreed to sell its shale assets at the Eagle Ford shale formation in southwest Texas to Repsol for $325 million, the Norwegian oil and gas firm said on Thursday. The company holds 69,000 acres net (27,923 hectares) in the formation via a joint venture with Spanish Repsol, and its equity production from the Eagle Ford averaged 43,000 barrels of oil equivalents per day (boepd) or 2% of its total global output in 2018. Equinor entered the Eagle Ford through a 50-50 joint venture with Talisman Energy in 2010, increasing its stake to 63% in 2015 and taking operatorship of the whole asset in 2016.
- Reuters
Equinor sells its assets at U.S. Eagle Ford to Repsol for $325 million
Norway's Equinor agreed to sell its shale assets at the Eagle Ford shale formation in southwest Texas to Repsol for $325 million (£253.57 million), the Norwegian oil and gas firm said on Thursday. The company holds 69,000 acres net (27,923 hectares) in the formation via a joint venture with Spanish Repsol , and its equity production from the Eagle Ford averaged 43,000 barrels of oil equivalents per day (boepd) or 2% of its total global output in 2018. Equinor entered the Eagle Ford through a 50-50 joint venture with Talisman Energy in 2010, increasing its stake to 63% in 2015 and taking operatorship of the whole asset in 2016.
- Rigzone.com
Repsol Profit Beats Estimates
Repsol SA's third-quarter income beat expectations as retail and chemical operations helped offset lower oil prices.
- Rigzone.com
Halliburton, Repsol in Cloud Tech Agreement for E&P
Halliburton has entered into a multi-year agreement with Repsol to make management of exploration and production data more efficient.
- Reuters
UPDATE 1-Total will not participate in Brazil transfer of rights oil auction -CEO
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).
- Simply Wall St.
Repsol (BME:REP) Has A Somewhat Strained Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
- Reuters
Venezuelan oil exports rise, but not enough to drain stocks
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.
