Repsol's Update to Drive Downward Revision to Consensus -- Market Talk
Dow Jones
Jan 15
0950 GMT - Repsol's fourth-quarter trading statement is likely to drive a between 5% to 10% downward revision to adjusted income consensus expectations, Jefferies analysts write. The Spanish energy major issued the update late Wednesday. The revision is primarily due to weakness in the upstream division, where it delivered lower-than-expected production in Trinidad and Tobago and U.S. Eagle Ford, they say. Across its downstream, the industrial and customer segments appear broadly in line, they add. Shares trade down 6.4% at 15.69 euros. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
January 15, 2026 04:51 ET (09:51 GMT)
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