Repsol (OTCMKTS:REPYY) Issues Earnings Results

Repsol (OTCMKTS:REPYY) posted its quarterly earnings results on Thursday. The energy company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.06, Zacks reports. The firm had revenue of $14.91 billion during the quarter, compared to the consensus estimate of $14 billion. Repsol had a return on equity of 10.18% and a net margin of 2.12%.

Repsol Stock Up 1.7%

Repsol stock traded up $0.36 during midday trading on Friday, hitting $21.62. 28,456 shares of the stock were exchanged, compared to its average volume of 112,654. Repsol has a 1 year low of $10.41 and a 1 year high of $21.78. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.47 and a quick ratio of 1.05. The firm has a market cap of $25.01 billion, a P/E ratio of 20.21, a P/E/G ratio of 5.90 and a beta of 0.25. The company has a 50 day moving average price of $19.14 and a two-hundred day moving average price of $18.07.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Barclays reaffirmed an “overweight” rating on shares of Repsol in a research report on Friday, December 12th. JPMorgan Chase & Co. downgraded shares of Repsol from an “overweight” rating to a “neutral” rating in a research note on Tuesday, February 3rd. Zacks Research lowered shares of Repsol from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. Jefferies Financial Group raised shares of Repsol from a “hold” rating to a “buy” rating in a research report on Thursday, January 8th. Finally, Royal Bank Of Canada downgraded Repsol from a “sector perform” rating to an “underperform” rating in a report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

About Repsol

Repsol is a Spanish integrated energy company engaged across the full oil and gas value chain and increasingly in low‑carbon energy businesses. Its core activities include upstream exploration and production of oil and natural gas, midstream operations such as liquefied natural gas (LNG) trading and logistics, and downstream refining, petrochemicals, and fuel marketing. The company also supplies lubricants, specialty chemicals and related industrial products, and operates a widespread network of retail fuel stations and convenience services.

Founded in 1987, Repsol has grown from a national refiner into a global energy player through international exploration, production projects and commercial expansion.