Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

REPSOL SA (REP)

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Argentina Minister Sees Fewer Gas Cuts To Industry This Winter

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/01/2012 | 08:10pm CEST

Argentine manufacturers will probably suffer fewer cuts to their natural gas supplies this winter thanks to the nationalization of oil and gas company YPF SA (YPF, YPFD.BA) earlier this year, Planning Minister Julio De Vido said Friday.

"I estimate we will have fewer interruptions because we will have more gas," De Vido, who is in charge of energy and public works, said in a televised press conference Friday.

For years, Argentina has rationed gas to industrial companies in the Southern Hemisphere's cold winter months to ensure residential users have enough to heat their homes.

But this year, the first gas cuts came during a cold snap in late April and early May instead of in June and July as is often the case.

Industry is already suffering from high inflation, a strong peso and sluggish demand for Argentine manufactured goods in Brazil.

Industrial production fell 0.5% on the year in April, and was virtually unchanged from March, according to government data.

Onerous price caps have deterred investment in oil and gas exploration and production. As a result, the government has been forced to import growing volumes of more expensive gas from Bolivia and Trinidad and Tobago.

Last month, President Cristina Kirchner expropriated a 51% stake in YPF from its controlling shareholder, Spain's Repsol YPF SA (>> Repsol YPF SA).

Kirchner accused Repsol of not investing enough in Argentina to reverse years of declining oil and gas production that have turned the South American nation into a net energy importer.

-By Ken Parks, Dow Jones Newswires; 54-11-4103-6740, [email protected]

Stocks mentioned in the article : Repsol YPF SA
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on REPSOL SA
11:10a REPSOL : & Enagas Supply LNG, for the First Time in Europe
04/24 REPSOL : publishes its trading statement 1Q17
04/24 REPSOL : calls its Annual General Shareholders' Meeting
04/24 REPSOL : The Company sends the full text of the notice of call for the Ordinary ..
04/23 REPSOL : Pan Pacific Petroleum to Sell Vietnam Interests to Repsol
04/13 REPSOL : FERC Issues Letter Involving Repsol Energy North America of The Woodlan..
04/10 REPSOL : Minor Spill Incident in Monteagudo - Cerrillos Pipeline
04/06 REPSOL : NOC and Repsol look to increase Sharara output
04/05 REPSOL : Spanish energy giant joins list of companies subletting downtown Calgar..
04/03 European shares slip from 16-month highs as oil stocks, banks drop
More news
Sector news : Oil & Gas Refining and Marketing - NEC
02:42p Dow Chemical profit beats as consumer market focus pays off
01:56pDJBP Sells Interest in Shanghai SECCO Petrochemical Company to Partner
05:47a EXXON MOBIL : Judge says Exxon owes $19.95 million for Texas refinery pollution
03:26a SUNCOR ENERGY : Canada's Suncor posts better-than-expected first-quarter profit
01:58a CONOCOPHILLIPS : Cenovus faces investor displeasure after ConocoPhillips deal
More sector news : Oil & Gas Refining and Marketing - NEC
News from SeekingAlpha
04/11 Keep An Eye On Oil Fundamentals Even As Geopolitics Temporarily Take Over The..
03/24 Repsol S.A. (REPYF) Presents At Deutsche Bank Depositary Receipts Virtual Inv..
03/16 U.S. considering Eni's request to drill in Arctic waters north of Alaska
03/11 CANACOL ENERGY REVISITED : Still A Strong Buy Despite LNG And Deepwater Gas
03/09 Repsol claims largest U.S. onshore oil discovery in 30 years
Advertisement
Financials (€)
Sales 2017 45 026 M
EBIT 2017 2 924 M
Net income 2017 2 028 M
Debt 2017 7 982 M
Yield 2017 5,14%
P/E ratio 2017 10,77
P/E ratio 2018 10,21
EV / Sales 2017 0,67x
EV / Sales 2018 0,60x
Capitalization 22 169 M
More Financials
Chart REPSOL SA
Duration : Period :
Repsol SA Technical Analysis Chart | REP | ES0173516115 | 4-Traders
Full-screen chart
Technical analysis trends REPSOL SA
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 35
Average target price 14,6 €
Spread / Average Target -1,7%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Josu Jon Imaz San Miguel Chief Executive Officer & Executive Director
Antonio Brufau Niubó Chairman
Miguel Martínez San Martín Chief Operating Officer & Chief Financial Officer
Luis Suárez de Lezo Mantilla Secretary, Executive Director & General Counsel
Luís Carlos Croissier Batista Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
REPSOL SA10.39%24 164
EXXON MOBIL CORPORATIO..-9.45%345 114
BP PLC-10.98%114 639
CHINA PETROLEUM & CHEM..6.84%101 132
SAUDI BASIC INDUSTRIES..--.--%75 598
RELIANCE INDUSTRIES LI..31.07%71 834
More Results