Repsol SA
REP: XMAD (ESP)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€36.60 | Wxlpd | Bqngnbmh |
Repsol's Low Carbon Push Continues, but Hydrocarbons Continue to Drive Earnings
Business Strategy and Outlook
Although Repsol is ramping up its investment in lower carbon businesses to achieve its long-term emissions targets and succeed in the energy transition, its oil and gas businesses will continue to contribute the bulk of its earnings and cash flow during the next five years.