Repsol 2Q Upstream Production Rises 6.3%
July 12 2018 - 4:50AM
Dow Jones News
By Nathan Allen
Repsol SA (REP.MC) said its second-quarter upstream production
rose 6.3% to 720,000 barrels of oil a day.
The oil-and-gas producer's refining margin indicator for Spain
increased more than 16% on year to $7.20 a barrel, Repsol said
Wednesday.
Analysts at Barclays Capital said the refining margin was higher
than expected but cautioned that seasonality in the gas-and-power
business would have a negative effect on second-quarter
earnings.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
July 12, 2018 04:35 ET (08:35 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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