REPYF - Repsol: Diversifying Away From Fossil Fuels Proves Beneficial In 2019
On Thursday, February 20, 2020, Spanish oil and gas giant Repsol, S.A. (REPYF) (REPYY) announced its full-year 2019 earnings results. At first glance, these results were likely somewhat surprising as the company saw a much smaller revenue decline than most other large energy companies that have reported thus far, but disappointingly it did deliver a net loss. A closer look at the company's results reveals the reason for this as the Spanish company is somewhat more diversified than even its European peers and has been more aggressive at expanding its operations to include