BME:REPOil and Gas
Repsol (BME:REP) Valuation Check After Libya Offshore O7 Exploration Award
Libya offshore award puts Repsol (BME:REP) in focus
Repsol (BME:REP) has moved into the spotlight after a consortium with MOL Group and Türkiye Petrolleri A.O. secured exploration rights for Libya’s offshore O7 block, with Repsol operating and holding a 40% stake.
See our latest analysis for Repsol.
The Libya award lands at a time when Repsol’s €16.99 share price has seen a 3.53% year to date share price return. Its 1 year total shareholder return of 48.20% points to strong momentum building...