Repsol (OTCMKTS:REPYY) Releases Earnings Results, Misses Estimates By $0.03 EPS

Repsol (OTCMKTS:REPYY) released its quarterly earnings results on Thursday. The energy company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.03), Zacks reports. Repsol had a net margin of 3.49% and a return on equity of 10.48%. The company had revenue of $18.14 billion during the quarter, compared to analyst estimates of $20.33 billion.

Repsol Trading Up 4.8%

Shares of OTCMKTS REPYY opened at $27.04 on Friday. Repsol has a one year low of $11.97 and a one year high of $29.08. The business has a 50-day moving average price of $25.54 and a two-hundred day moving average price of $21.14. The company has a current ratio of 1.54, a quick ratio of 1.15 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $29.89 billion, a PE ratio of 14.54, a PEG ratio of 0.26 and a beta of 0.07.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on REPYY shares. Morgan Stanley upgraded Repsol from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, March 24th. JPMorgan Chase & Co. lowered Repsol from an “overweight” rating to a “neutral” rating in a research report on Tuesday, February 3rd. Jefferies Financial Group upgraded Repsol from a “hold” rating to a “buy” rating in a research report on Thursday, January 8th. Zacks Research upgraded Repsol from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 10th. Finally, The Goldman Sachs Group upgraded Repsol from a “buy” rating to a “buy” rating in a research report on Thursday. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy”.

About Repsol

Repsol is a Spanish integrated energy company engaged across the full oil and gas value chain and increasingly in low‑carbon energy businesses. Its core activities include upstream exploration and production of oil and natural gas, midstream operations such as liquefied natural gas (LNG) trading and logistics, and downstream refining, petrochemicals, and fuel marketing. The company also supplies lubricants, specialty chemicals and related industrial products, and operates a widespread network of retail fuel stations and convenience services.

Founded in 1987, Repsol has grown from a national refiner into a global energy player through international exploration, production projects and commercial expansion.