Repsol, S.A. (OTCQX:REPYY) Q4 2024 Results Conference Call February 20, 2025 6:00 AM ET Company Participants Pablo Bannatyne - Head of Investor Relations Josu Jon Imaz - Chief Executive Officer Conference Call Participants Alessandro Pozzi - Mediobanca Irene Himona - Bernstein Michele Della Vigna - Goldman Sachs Alejandro Vigil - Banco Santander Biraj Borkhataria - RBC Henri Patricot - UBS Giacomo Romeo - Jefferies Lydia Rainforth - Barclays Sasikanth Chilukuru - Morgan Stanley Matt Lofting - JPMorgan Matt Smith - Bank of America Anish Kapadia - Palissy Advisors Pablo Bannatyne Welcome to Repsol's Fourth Quarter and Full Year 2024 Results Presentation.
REPYY expects its hydrogen electrolyser capacity to be in the range of 0.7-1.2 gigawatts (GW) by 2030 after slashing its green hydrogen production targets for the year by up to 63%.
Spain's Repsol pledged on Thursday to increase dividend and buy back shares worth at least 700 million euros ($729.82 million) this year after fourth-quarter adjusted net profit nearly halved, hit by a sharp decline in oil refining margins.
REPYY's new renewable methanol facility is expected to be able to process nearly 400,000 tons of municipal solid waste every year and turn them into renewable fuels and other circular products.
Spanish oil company Repsol plans to invest 4 billion euros ($4.2 billion) in data centres, Expansion newspaper reported on Monday, citing unidentified sources close to the process.
REPYY resumes exploration in Libya's Murzuq Basin after a 10-year pause to boost production and economic recovery in the region.
Repsol S.A., a Spanish oil & gas company, is undervalued and offers a significant upside with a current P/E of 4.1x, compared to its usual 7-10x P/E. The company is a vertically integrated energy provider with strong operations in upstream, industrial, customer, and low-carbon segments, generating substantial EBITDA and free cash flow. Repsol's strategic plan for 2024-2027 focuses on increasing cash dividends, maintaining a 15-20% leverage ratio, and expanding its renewable energy capacity.
Repsol offers an exceptionally high dividend yield of 8.6%, with strong financials and guidance for future dividend hikes, making it attractive for income-oriented investors. The company produces oil and gas at a 34/66 ratio, making it less exposed to oil price cycles and more resilient to clean energy threats. REPYF has streamlined operations, increased production efficiency, and reduced carbon emissions, doubling its earnings per share from 2016 to the last 12 months.
REPYY partners with McDermott for FEED solutions in Polok and Chinwol fields to develop Gulf of Mexico projects.
Spanish oil company Repsol has agreed to sell oil and gas production assets in Colombia to Geopark for $530 million, the two companies said on Friday.
Repsol, S.A. (OTCQX:REPYY) Q3 2024 Results Conference Call October 31, 2024 5:30 AM ET Company Participants Josu Jon Imaz - Chief Executive Officer Pablo Bannatyne - Head of Investor Relations Conference Call Participants Alessandro Pozzi - Mediobanca Biraj Borkhataria - RBC Michele Della Vigna - Goldman Sachs Alejandro Vigil - Santander Pedro Alves - CaixaBank Henri Patricot - UBS Giacomo Romeo - Jefferies Lydia Rainforth - Barclays Sasikanth Chilukuru - Morgan Stanley Matt Lofting - JPMorgan Matt Smith - Bank of America Pablo Bannatyne Good morning, and welcome to Repsol's Third Quarter Results Presentation.
Spanish oil company Repsol is working on more deals in its renewable operations in Spain and the United States while it also seeks a solution for its exploration and production businesses in the North Sea, Chief Executive Josu Jon Imaz said on Thursday.