Current REPYY Stock Info

Plans US$7.1 Billion in Divestitures

Spending Cuts of 38%

Madrid-based Repsol (ticker: REPYY) touted value creation, efficiency and a significant divestiture program in its 2016-2020 Strategic Plan, unveiled on October 15, 2015. The latest program starkly contrasts its 2012-2016 Strategic Plan, which focused on “high growth of Upstream” and a dedicated investment of more than €19 billion.

Repsol kicked off its divestiture program yesterday by selling $800 million of Alaska assets to
privately held Armstrong Oil & Gas,...


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