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home / news releases / REPYY - Repsol In Q1: Grapple With Headwinds


REPYY - Repsol In Q1: Grapple With Headwinds

On April 30, Spanish integrated oil & gas company Repsol (REPYY, REPYF), which I covered in March, presented its Q1 results. During the quarter, the firm stoically grappled with tough headwinds, as cheaper Brent crude, which conflated with lower gas realization prices, and production interruption in Libya put the E&P segment under pressure. At the same time, Downstream was hammered by the unfavorable environment and lower refining margin. Repsol was not the only integrated O&G company that faced issues. Quite similar impediments sorely tested Italian Eni (E); I discussed that

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Stock Information

Company Name: Repsol S.A. ADR
Stock Symbol: REPYY
Market: OTC
Website: repsol.com

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