Q2 2025 Repsol SA Earnings Call Transcript

Jul 24, 2025 / 06:00 AM GMT

Release Date Price: €13.44 (+1.28%)

Transcript

Key Points

Positve

Repsol SA (REPYF) reported a solid set of results with a second quarter adjusted income of €702 million, 8% above the first quarter.
Cash flow from operations improved by 50% compared to the first quarter, reaching €1.7 billion.
The company remains on track to deliver its main strategic objectives for 2025, including shareholder remuneration through dividends and share buybacks.
Production in the upstream division increased by 3% over the first quarter, with significant contributions from the UK, Trinidad and Tobago, and Libya.
Repsol SA (REPYF) is expanding its renewable energy portfolio, with plans for new asset rotations in Spain and the US before year-end.

Negative

The company faced a significant impact from a power outage in April, affecting its industrial facilities and reducing utilization rates.
Average oil and gas prices declined compared to the first quarter, along with a weaker dollar, impacting revenue.
The refining margin premium was negatively affected by operational issues, including the power outage and subsequent incidents.
The chemical business faced challenges with flat demand and high energy costs in Europe, impacting profitability.
Repsol SA (REPYF) is dealing with geopolitical uncertainties, including the revocation of its oil license in Venezuela by the US administration.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

REP.MC - Repsol SA
Q2 2025 Repsol SA Earnings Call
Jul 24, 2025 / 06:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning to all. Welcome to Repso's 2nd quarter 2025 results presentation. Today's conference call will be hosted by Jose Johnny Math, our Chief Executive Officer, with other members of the executive team in, joining us as well. At the end of the presentation, we will be available for the Qianization. Before we start, let me draw your attention to our disclaimer during this presentation. We may make forward-looking statements based on estimates. Actual results may differ materially depending on a number of factors as indicated in the disclaimer. I will now hand the conference call over Jose John.

--------------------------------------------------------------------------------
Unidentified_2 [2]
-----------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.