Repsol : Strategic presentation: focus on renewables, dividends cut and profitability still low
>A new organisation in place to accelerate decarbonisation - The group has changed its organisational structure into four divisions, upstream and industrial (formerly R&C) which remain the biggest of the groups divisions and which should generate the FCF necessary for the transition. The customer centric division will be focused on mobility and retail (oil products, gas and electricity) and the newly created low-carbon division, which is set to grow the fastest and w...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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