News and Announcements
Repsol Q1 earnings jump on higher oil prices, refining margins
By Frank Prenesti
Date: Thursday 30 Apr 2026
(Sharecast News) - Spanish oil producer Repsol targeted higher kerosene output as it reported a jump in first quarter earnings driven by higher prices caused by the Iran war.
Adjusted earnings before interest tax, depreciation and amortisation soared 110% to €2.61bn. Adjusted net income rose by more than 50% to €873m although this still missed company-compiled estimates of €897m.
The refiner said it was aiming to boost kerosene production by 15% to 20% as the Iran war caused a disruption to jet fuel supplies globally.
Higher refining margins led to a rise in adjusted earnings at Repsol's industrial division rose to €440m compared to €308m last year.
Reporting by Frank Prenesti for Sharecast.com
Article Archive
Free Membership To Digital Look
Discover the full range of Investor's Tools and Services from Digital Look - voted 'Best Research & Information Provider 2007' by Investors Chronicle.
En HeaderFooterDLYou are here: research