)
Repsol (REP) investor relations material
Repsol Deutsche Bank ADR Virtual Investor Conference 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic direction and financial priorities
Focused on energy transition and decarbonization, targeting profitable growth through 2027 with clear milestones for 2025, 2030, 2040, and 2050.
Committed to distributing 25%-35% of operating cash flow to shareholders, with a cash dividend set to grow 3% annually and complemented by share buybacks, totaling up to EUR 5.4 billion by 2027.
Net CapEx for 2024-2027 expected at EUR 16.16 billion, with over 35% allocated to low-carbon businesses such as biofuels, hydrogen, and renewables.
Financial flexibility ensures funding of CapEx, dividends, and buybacks even in adverse scenarios.
Capital markets day scheduled for March 2026 to update projections through 2028.
Business verticals and operational highlights
Upstream production at 570,000 boe/d, with a focus on high-margin, low break-even barrels and strategic growth in the U.S. and Brazil.
Recent joint venture in the UK with NEO Energy expected to add significant production and EBITDA by 2026.
Upstream CapEx peaked in 2023 and will normalize to EUR 2 billion per year; preparations underway for a potential U.S. listing in 2026.
Industrial business leverages integrated refining assets, focusing on efficiency, decarbonization, and new projects in hydrogen and renewable fuels.
Customer division serves over 24 million clients, with digitalization and non-oil growth driving record results and early achievement of EBITDA targets.
Low-carbon and renewable energy strategy
Low-carbon generation capacity surpassed 5 GW in 2024, with a pipeline exceeding 30 GW and a target of 9 GW by 2027.
Investments concentrated in solar, onshore wind, and hydro across Spain, the U.S., Chile, and Italy.
Project financing and asset rotation strategies optimize capital exposure, aiming for double-digit equity IRR.
Business expected to be negative free cash flow through 2027 due to heavy capital investment, but results are improving.
Decarbonization targets include a 15% carbon intensity reduction by 2025 and 28% by 2030, with ongoing tightening of objectives.
Next Repsol earnings date
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage