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REPYF - Repsol Is Stubbornly Holding Onto Its 15% Dividend
Repsol S.A.
Introduction
2020 has been a tough year so far for most oil and gas producers, and while vertically-integrated groups should have an easier time to cope with the fallout, that doesn’t mean they will be immune. Spanish energy group Repsol (OTCQX:REPYF) (OTCQX:REPYY) is vertically integrated but still had to confess to a multi-billion euro net loss in H1 2020 and unfortunately this loss wasn’t just caused by non-cash impairment charges.
Source: Yahoo Finance
Repsol’s most liquid listing is in Spain where it’s trading on the Bolsa de Madrid with REP