Date: 4 months ago   Category: Energy

The profit of Repsol in the III quarter has grown by 18,6% — to €625 million — Rambler News Service


The net profit of the Spanish oil and gas company Repsol has grown in the III quarter 2018 by 18,6% in comparison with an indicator for the same period of last year and has made €625 million, it is told in the report of the company. The revenue of Repsol for the reporting period has made €13,229 billion that is 32,9% more, than the previous year. Profit before the taxation has made €1,04 billion against €700 million for the same period of last year (growth by 48,6%) the Net profit of the company in nine months 2018 has made €2,171 billion that is 37,2% more, than in January — September, 2017. Revenue has increased by 21,9%, from €30,059 billion to €36,648 billion. Profit before the taxation has grown by 1,6 times — to €3,061 billion. Extraction of hydrocarbons in the III quarter has decreased by 0,3% and has made 691 thousand barrels of an oil equivalent a day, including extraction of liquid hydrocarbons was reduced by 0,8% — to 250 thousand barrels a day, and gas production has decreased by 0,04% — up to 2,476 billion cubic feet a day. Extraction of hydrocarbons in nine months of the current year has grown by 3,6% — up to 713 million barrels of an oil equivalent a day, at the same time oil production has grown by 2,8% — up to 261 million barrels a day, and gas production has increased for 4,4% — up to 2,541 billion cubic feet a day.

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