Repsol net beats estimates as new output counters Libya halt

MADRID, Spain (Bloomberg) -- Repsol SA’s second-quarter profit beat analyst estimates as bigger refining margins and output from new wells helped Spain’s largest oil producer counter stoppages due to rebel hostilities in Libya. Adjusted net income was 390 million euros ($524 million) compared with 401 million euros a year earlier, the company said in a statement July 24.


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Repsol net beats estimates as new output counters Libya halt Repsol net beats estimates as new output counters Libya halt Reviewed by Crude Oil Brokers on 14:08 Rating: 5

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