Repsol SA
REP: XMAD (ESP)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€68.20 | Mjyv | Klcwhmtv |
Repsol Posts Strong Q4 Earnings Lifted by Higher Prices, Planned Share Repurchases in 2022 Increased
Repsol’s fourth-quarter adjusted earnings rose to EUR 872 million compared with adjusted earnings of EUR 404 million a year ago, largely on higher oil and gas prices and stronger refining margins. Full-year adjusted earnings for 2021 strengthened even further to EUR 2.5 billion compared with EUR 600 million the year before.