Financial News

Repsol stock price plunges 6% to turn negative on the month

By: Invezz

Shares of Repsol SA (ETR: REP) closed the week over 6% in the red for the third week in a row. The stock price has now pared back gains and it trades almost 3% down in June. Fundamental analysis: Repsol inks new contracts Repsol SA, the tenth biggest company in Spain by market capitalization, committed millions of euros for investments in fuel production using green hydrogen. The oil giant plans to produce gas from urban waste.  The new plants will be based in northern Spain, in Bilbao. It is believed that the project’s capacity to process urban waste will be

The post Repsol stock price plunges 6% to turn negative on the month appeared first on Invezz.

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