REPYF - Repsol: The Outlook Remains Positive, Despite Low Oil Prices
2025-06-12 06:48:06 ET
About six months ago, I recommended buying Repsol ( REPYF ) for its solid business model, its exceptionally cheap valuation and its attractive 8.6% dividend, which had a wide margin of safety. Since that article, the stock has outperformed the broad market and its sector by an impressive margin. To be sure, the stock has offered a total return of 24% in just six months, whereas the S&P 500 and the Energy Select Sector SPDR Fund ETF ( XLE ) have declined 1% and 6%, respectively. The key factors behind the vast outperformance of Repsol are the cheap initial valuation of the stock and a positive outlook of the natural gas market....
Repsol: The Outlook Remains Positive, Despite Low Oil Prices