Repsol Says Profit More than Triples on Higher Oil Prices
23 Articles
23 Articles
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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The company exceeds in a semester the profits of the last two full courses and faces a possible record if it exceeds 4 billion of 2022The Spanish energy companies sell renewable assets with power equivalent to twelve nuclear plants Repsol obtained a profit clearly of 2,201 million euros until June, 265 % more than in the same period of the previous year, due to the positive patrimonial effect that reflects the increase of the prices of crude and…
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