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4-Traders Homepage  >  Equities  >  Bolsa de Madrid  >  Repsol YPF    REP   ES0173516115

REPSOL YPF (REP)
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End-of-day quote. End-of-day quote  - 04/20
15.725 EUR   -0.06%
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Repsol YPF : Hands in Decommissioning Plan for North Sea Field

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01/13/2018 | 03:38pm CEST

Spanish oil firm Repsol has handed in a draft decommissioning plan for the Rev field in the Norwegian North Sea.

Gas from Rev is carried to Chrysaors Armada platform, in the UK North Sea, via a 5.5mile long pipeline, where it is processed.

The decommissioning plan, submitted today to the UK energy department, covers the three mile long pipeline and

an umbilical that run from a point 650ft east of Armada to the border between the UK and Norwegian continental shelves.

Rev was discovered in 2001 and production started in 2008.

Production from the field will be halted by March 31, 2020, at the latest.

Repsols Norwegian division is the operator with a 70% stake, while project partner Petoro has 30%

(c) 2018 Saudi Research and Publishing Co. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (€)
Sales 2018 48 784 M
EBIT 2018 3 681 M
Net income 2018 2 242 M
Debt 2018 4 735 M
Yield 2018 5,62%
P/E ratio 2018 10,72
P/E ratio 2019 11,40
EV / Sales 2018 0,60x
EV / Sales 2019 0,60x
Capitalization 24 475 M
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Mean consensus OUTPERFORM
Number of Analysts 33
Average target price 16,6 €
Spread / Average Target 5,9%
EPS Revisions
Managers
NameTitle
Josu Jon Imaz San Miguel Chief Executive Officer & Executive Director
Antonio Brufau Niubó Chairman
Miguel Martínez San Martín Chief Operating & Financial Officer
Hector González Nistal Executive Director-Technical Development, S&E
Luis Suárez de Lezo Mantilla Secretary, Executive Director & General Counsel
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