Repsol : Présentation stratégique : objectifs de cash-flow ambitieux, hausse des capex avec le développement dans le G&P et hausse des dividendes
>Upstream: une amélioration des marges au détriment des volumes - Repsol a tenu une présentation stratégique dans le but d'actualiser sa guidance sur 2018-20. Au niveau de la production, le groupe vise une croissance de 2.6%/an pour atteindre 750 kbep/j en 2020. Ce niveau est modeste. Cependant, le groupe vise à améliorer la qualité de son portefeuille avec +95 kbep/j de nouvelle production bien margée. Il souhaite par ailleurs se développer dans le shale, céder des a...Repsol is an oil and gas company. Co. is engaged in all the activities relating to the oil and gas industry, including exploration, development and production of crude oil and natural gas, transportation of oil products, liquefied petroleum gas (LPG) and natural gas, refining, the production of a wide range of oil products and the retailing of oil products, oil derivatives, petrochemicals, LPG and natural gas, as well as the generation, transportation, distribution and supply of electricity. Co. operates in more than 40 countries. Co.'s operations are divided into four segments: Upstream, Downstream, LNG and Gas Natural Fenosa.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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