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Spanish energy company Repsol is seeking to sell a stake in an 800 megawatt U.S. renewable asset portfolio, newspaper Expansion reported on Tuesday, citing unidentified sources in the renewable... -May 28, 2024 at 03:30 am EDT - MarketScreener
Spain’s Repsol plans to drop its Marcellus Shale rig in June and reduce capex in the play due to the current U.S. gas price environment, CEO Josu Jon Imaz told analysts during a quarterly webcast.
The company increases the cash dividend by approximately 30% in 2024, to €0.9 per share (€1.095 billion in total) and commits to increasing it by 3% annually.
Spanish energy company Repsol saw a 25.6% dip in the year ending December 2023 to €3.16bn compared to €4.24bn in 2022.
The company's third-quarter adjusted income was marked at $1.16 billion (EUR 1.1 billion).