Repsol ( (ES:REP) ) has issued an update.
Repsol reported a net result of 1,756 million euros for 2024, a 45% decline from the previous year, impacted by geopolitical tensions and lower energy prices. Despite these challenges, the company advanced its strategic update for 2024-2027, focusing on profitable growth and the energy transition, including the production of renewable fuels at its Cartagena plant and improved shareholder remuneration.
More about Repsol
Repsol is a global energy company that operates in the oil, gas, and electricity sectors. It focuses on the production and distribution of renewable fuels and has a significant presence in the Iberian Peninsula with service stations in Spain and Portugal. The company is committed to the energy transition and decarbonization objectives.
YTD Price Performance: 7.24%
Average Trading Volume: 707,779
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €13.94B
For detailed information about REP stock, go to TipRanks’ Stock Analysis page.