Streetbeat News

REPYY

Repsol S.A

https://www.repsol.com/es/

CEO

Josu Jon Imaz San Miguel

Employees

2,009

Industry

Petroleum Refineries

Open

11.95

Mkt cap

14B

Volume

27K

High

11.97

P/E Ratio

6.39

52-wk high

17.61

Low

11.90

Div yield

0.08

52-wk low

11.81

Repsol has agreed to sell its oil and gas production assets in Colombia to Geopark for $530 million.

Portfolio Pulse from

November 29, 2024 | 8:15 am

WTI crude oil prices surged to $80 per barrel, marking the best day in over two months due to anticipated demand and supply constraints. The United States Oil Fund (USO) and Energy Select Sector SPDR Fund (XLE) saw significant gains. Goldman Sachs raised its long-term oil demand outlook and highlighted several Buy- and Sell-rated energy stocks.

Portfolio Pulse from Piero Cingari

May 28, 2024 | 7:55 pm

Repsol S.A. (OTC:REPYY) has acquired renewable energy platform ConnectGen for $768 million, marking its entry into the U.S. onshore wind market. The acquisition is part of Repsol's strategy to strengthen its position in the renewable energy business. The company plans to allocate 35% of its investments to low-carbon projects by 2023. The deal will add an onshore wind power growth platform in the U.S. to Repsol's portfolio, supporting its target of 20,000 MW of installed capacity by 2030.

Portfolio Pulse from Nabaparna Bhattacharya

September 08, 2023 | 11:42 am

Shell PLC (NYSE:SHEL) and BP PLC (NYSE:BP) have filed arbitration claims against Venture Global LNG for failure to supply contracted cargoes, leading to billions of dollars in revenue losses. Similar cases were previously filed by Edison International (NYSE:EIX) and Repsol SA (OTC:REPYY). Shell recently updated its production outlook, and BP was fined for air pollution charges at an Indiana-based refinery.

Portfolio Pulse from Lekha Gupta

July 12, 2023 | 11:52 am

Repsol S.A. is considering selling a 49% stake in its Spanish wind farm and photovoltaic power plants, worth €700 million to €800 million. The renewable plants have a total capacity of 600 megawatts. Repsol also announced that its first solar project in Chile with Ibereólica Renovables Group has begun producing electricity.

Portfolio Pulse from Nabaparna Bhattacharya

May 24, 2023 | 3:03 pm

Ryanair reported FY23 revenue growth of 124% Y/Y to €10.78 billion and a net profit of €1.43 billion, compared to a net loss of €355 million a year ago. The company's fuel needs are 85% hedged for FY24 and 25% of H1 FY25. Ryanair recently signed deals with Repsol, OMV, Neste, and Shell for sustainable aviation fuel. However, Boeing's delivery delays may impact FY24 traffic expectations.

Portfolio Pulse from Lekha Gupta

May 22, 2023 | 10:40 am

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