- Repsol is an energy and petrochemical business developing renewable energy projects, exploration and production of oil and gas, and industrial applications.
- Under the new 2021-2025 Strategic Plan, the management is undertaking a significant number of initiatives to transform the company. Like other petroleum corporations, Repsol is trying to develop decarbonized businesses.
- The financial community appears to be aware of the company’s new developments. According to the latest quarterly report, Moody’s confirmed the company’s rating from negative to stable.
- I designed several financial models with a WACC of 7.7%-9.5%, long-term growth of 4.5%-5%, and market estimates. The implied price that resulted from my DCF is €7-€36.
- Considering the number of euros that the European Union may deliver to Repsol, I won’t worry much about the company’s financial debt.
For further details see:
Repsol's DCF: Fresh Money From The European Union, And Cheap