Repsol S.A.

REP

Equity

ISIN ES0173516115 / Valor 675467

BME Bolsas y Mercados Espanoles - Renta Variable (2024-12-24)

EUR 11.20+0.72%

Repsol S.A.
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About company

Repsol S.A. is a global energy company with a focus on oil and natural gas exploration and production activities, adhering to strict sustainability and safety standards. The company's Upstream business covers the entire value chain from exploration to commercial use of resources. In addition to supplying low-carbon gas and electricity in Spain and Portugal, Repsol also offers digital solutions and energy management initiatives to its customers. The company distributes and sells liquefied petroleum gas in Spain, Portugal, and France in various formats. Furthermore, Repsol develops, produces, and markets lubricants, aviation fuel, oil-based specialized products, and bitumen for asphalts in over 90 countries.

Summarized from source with an LLMView SourceSector: Energy

Net Income Decline

Repsol S.A. reported a net income of €1.792 billion for the first nine months of 2024, marking a 36% decrease compared to the same period in 2023. This decline is attributed to lower crude oil and gas prices, as well as reduced refining margins.

Adjusted Income

The company's adjusted income amounted to €2.684 billion through September 2024, representing a 30% decrease. This performance occurred in a challenging market environment characterized by low energy prices.

Strategic Progress

Repsol S.A. has made significant progress in implementing its 2024-2027 strategic update, which emphasizes a profitable energy transition. The company has started producing 100% renewable fuels from waste at its Cartagena plant, a pioneering facility on the Iberian Peninsula.

Dividend Announcement

Repsol S.A. announced the distribution of a cash dividend of €0.475 gross per share, scheduled for January 2025. Additionally, the company is executing a share buyback program to redeem 60 million shares within the year.

Renewable Fuel Sales

By 2024, Repsol S.A. had sold 33 million liters of 100% renewable fuel. The company has expanded its network to over 580 service stations in Spain and Portugal that supply this sustainable product.

Summarized from source with an LLMView Source

Key figures

-17.9%1Y

7.91%3Y

-7.56%5Y

Performance

19.4%1Y

27.4%3Y

35.9%5Y

Volatility