Repsol: Undervalued And Offers A 7% Dividend Yield

Oriol Argelich
38 Followers
(16min)

Summary

  • Repsol, a Spanish oil and gas firm, offers ~7% dividend yield and new growth projects in the U.S. and Mexico.
  • The company is heavily investing in renewable energy projects, with plans to reach 1500 stations with 100% renewable diesel availability by 2025.
  • Despite risks like delayed project productivity and low energy prices, Repsol's aggressive shareholder remuneration policy and discounted valuation make it a Buy.

Camión cisterna con el emblema de la compañía energética Repsol pintado en el camión cisterna, con un cielo dramático al atardecer.

Miguel Perfectti/iStock Editorial via Getty Images

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This article was written by

38 Followers
My name is Oriol Argelich, and I work for the AEAT, the Spanish equivalent of the IRS. I have a background in Economics and recently passed the public exams to become an "Inspector de Hacienda del Estado," the highest level of responsibility within the AEAT. I have expertise in IFRS accounting and European taxes, along with prior experience in economic research at Criteria Caixa S.A.U. I am focused on long term stocks and fundamental analysis. My aproach to investing is to diversify through ETFs and identify specific companies with potential for growth. I plan to write primarily about Spanish and European companies with ADRs trading on U.S. exchanges.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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