Repsol benefits from rising oil prices: break-even point around $60–$65 per barrel; prices above $80 boost cash flow generation
Bankinter | We view the update to the strategic plan positively. It involves a focus on strengthening the balance sheet, optimising investments and enhancing positioning in the Upstream, Industrial and Customer segments. Furthermore, it reinforces shareholder remuneration, which was already attractive. In our view, Repsol will also benefit from a positive environment for oil and gas, against a backdrop of heightened geopolitical tension and war in Iran, which works in…









