Repsol Says Profit More than Triples on Higher Oil Prices
36 Articles
36 Articles
Repsol has registered strong high in profit, driven in part by the valorization of oil, and has announced a new share buyback program of up to €500 million (US$570.6 million). Exclusive material for subscribers. To have full access, access the link of the material and register.
Repsol says profit more than triples on higher oil prices
Net profit for the January-June period rose 265 percent from a year earlier to 2.2 billion euros ($2.58 billion), compared with 603 million euros in the same period of 2025, =the company said in a statement. Second-quarter net profit rose to 1.27 billion euros from 929 million euros in the first quarter, despite the company having no assets in the Middle East, where hostilities have fuelled higher crude prices. In recent months, Repsol has expan…
The Spanish oil company benefited from the rise in oil prices and derivatives in a context of global energy tension generated by the conflict in Iran.
The multinational attributes the advance of its net result to a positive asset effect of 823 million, unlike what happened in the first semester of 2025, when it was unfavourable at 400 million Read
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