Fact sheet

We are a multi-energy company present in each link of the value chain. We offer a comprehensive range of products and services that make people’s daily life easier and help ensure the sustainable progress of society.

Our company

Repsol worldwide

World map Repsol worldwide

Our businesses


The Repsol Upstream area comprises exploration and project development, as well as the production of oil and natural gas. It has a balanced asset portfolio, which, supported by efficient management and the digitalization of operations, is profitable in any price scenario.

  • Upstream's adjusted net income in 2018: 1.325 billion euros. 110% more than in 2017.

  • Efficiency and digitalization are the two drivers behind the Company’s constant business improvements.

  • Average production increase of 3% in 2018.

  • Average net production: ~715 thousand barrels of oil equivalent per day.

  • Net proved reserves: 2.34 billion barrels of oil equivalent in 2018.

  • Percentage of gas in our asset portfolio: 63% of production and 73% of reserves.

More about Upstream


The Downstream business supplies and trades crude oil and products; refines oil; produces and markets petroleum products, petrochemicals, liquefied natural gas (LNG), electricity and gas; and manages the Company’s low-emission businesses.

  • Downstream's Adjusted Net Income: 1.583 billion euros.

  • Refining margin indicator: 6.7 dollars/barrel.

  • Repsol has 890,000 electricity and gas customers with the aim of reaching 2.5 million customers in Spain by 2025 and a market share of 5%.

  • More than 4,800 service stations worldwide.

  • We distribute lubricants and petrochemical products in over 90 countries.

  • Increase in lubricant sales: ↑13% on international markets compared to 2017.

  • Waylet: this cell phone payment app has 1 million users.

  • 4,500 MW: total installed electricity generation capacity objective for 2025.

More about Downstream

Our commitments to a sustainable future

Learn more about sustainability

Key elements of the Strategic Plan: growth and value creation

15 billion euros: planned investment in the 2018 – 2025 period.

Increase in shareholder remuneration

  • Annual growth of the dividend per share of 8% through scrip dividends, along with share buyback.

  • Dividend payout fully covered at $50/barrel.

  • Operating cash flow improves dividend cover from 3.9x in 2017 to 4.3x in 2020.

  • Long-term sustainable payout.

Profitable growth of our portfolio

  • Improvement of all value creation metrics in any price scenario.

  • Downstream: a growth driver that does not require big investments in assets.

  • Upstream improves its performance and its assets portfolio.

  • Sturdy portfolio of growth projects in both businesses.

Progress in the energy transition

  • New long-term opportunities under development.

  • Driven by our competitive advantages.

  • Carbon footprint reduction Construction of new capacity.

Financial flexibility

2018-2020 Strategic Plan
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