Previous close | 15.02 |
Open | 14.97 |
Bid | 14.72 x 0 |
Ask | 14.85 x 0 |
Day's range | 14.97 - 14.97 |
52-week range | 12.62 - 16.17 |
Volume | |
Avg. volume | 0 |
Market cap | 18.035B |
Beta (5Y monthly) | 0.93 |
PE ratio (TTM) | 6.24 |
EPS (TTM) | 2.40 |
Earnings date | 25 Apr 2024 |
Forward dividend & yield | 1.00 (6.66%) |
Ex-dividend date | 04 Jul 2024 |
1y target est | N/A |
Spanish oil company Repsol is in negotiations to sell a stake in its renewable energy unit, a move to help fund its strategic plan through 2027, according to four sources with knowledge of the talks. The company has received an unsolicited approach by an investor and has lined up Santander as advisor for the sale, the sources said. Repsol would keep more than 50% of the unit in a transaction that could involve the investor injecting new money into the business, the sources said.
Repsol's (REPYY) sale also encompasses partial interests in the Horseshoe and Quokka fields, enhancing the attractiveness of this investment opportunity.
The European Union needs to offer more incentives if it wants industry in the bloc to navigate the green energy transition while being competitive with global rivals, the chairman of Spanish oil company Repsol said on Friday. "We need an efficient energy transition which doesn't harm European industry," Antonio Brufau told shareholders at the company's annual general meeting. The United States is a key market for Repsol, which is targeting more deals in the country.