Report
Ahmed Ben Salem

Repsol : Résultats T1 2021 supérieurs aux attentes, guidance d’EBITDA revue en hausse mais prudence sur le raffinage

>Résultat T1 30% supérieur aux attentes - Le RNpg ressort à 471 M€, 30% supérieur aux attentes (ODDO BHF : 355 M€ ; Cs : 365 M€) profitant principalement du rebond du prix du pétrole malgré des marges de raffinage trop faibles.Upstream: un portefeuille en amélioration qui capte la hausse du pétrole - Le RN ajusté de l’upstream ressort à 327 M€ (vs 195 M€ au T4 2020) dopé par la hausse des prix du pétrole et du gaz ainsi que par la baisse des coûts et...
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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch