Report
Ahmed Ben Salem

Repsol : Résultats supérieurs aux attentes – Vers une reprise du rachat d’actions et un spin-off des renouvelables

>Résultat net ajusté du T4 2020 largement supérieur - Le RNpg ressort à 404 M€ et trois fois supérieur aux attentes bénéficiant en grande partie de gains de change reportés dans la division corporate.Upstream: une amélioration accompagnée d’une maitrise des coûts - Le RN ajusté de l’upstream ressort à 195 M€ (vs 51 M€ au T4 2020) retrouvant ses niveaux de 2019 grâce à la reprise du prix du pétrole et du gaz mais aussi d’un meilleur mix vu le redéma...
Underlying
Repsol SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Ahmed Ben Salem

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