logo
  

Repsol Posts H1 Net Income Of €1.235 Bln - Quick Facts

Spanish oil major Repsol S.A. (REPYY.PK) on Thursday reported first-half net income of 1.235 billion euros. Adjusted net income was 959 million euros, with positive results in all business segments, especially in Exploration and Production.

The Exploration and Production area's first-half earnings totaled 678 million euros, compared to last year's loss of 51 million euros, and up from the 646 million euros earned in the pre-pandemic 2019.

Overall, average production has risen to around 599,300 barrels of oil equivalent per day.

In the Industrial segment, first-half earnings totaled 239 million euros, compared to 296 million euros last year. The Commercial and Renewables unit earned 228 million euros, an increase of 40 percent from the prior year.

The shareholders recently approved the distribution of 0.30 euro gross per share, corresponding to the traditional payment charged to 2021.

In Spain, Repsol shares were trading at 9.74 euros, up 1.48 percent.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. air travel industry is going through its worst crisis since the troubled travel time during the peek pandemic struggles, with thousands of flights across the country being cancelled or getting delayed. The aviation crisis, as millions are preparing to travel during the upcoming July 4th holiday weekend, is mainly attributed to the staffing issues at airlines, ... The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has issued a public health alert for Siluriformes products imported by Carlstadt, New Jersey- based Grand BK Corp. The products were imported from Korea, a country ineligible to export Siluriformes products to the United States. Blount Fine Foods is recalling a limited amount of Panera at Home Southwest Corn Chowder citing undeclared wheat allergen, the U.S. Food and Drug Administration said. The recall involves a single lot of 16 oz. product with UPC Code 077958690812, lot number 042122-2K and "Use By" date of 6/30/22 that comes around 2,569 cases in total. The recall is limited to 1 SKU of 16 oz.
Follow RTT