Repsol 2Q26 adjusted net income more than triples to EUR 1.84 billion; adjusted EBITDA more than doubles to EUR 3.52 billion

(AWP Alliance News) - Repsol posted 2Q26 net income of EUR 1.27 billion, up more than fivefold from a year earlier, as adjusted net income climbed to EUR 1.84 billion, up more than threefold. Adjusted EBITDA rose to EUR 3.52 billion from a year earlier, while cash flow from operations increased 23.88% to EUR 1.94 billion.

Net debt fell to EUR 3.67 billion, down EUR 1.13 billion from March 2026, while production rose 3.40% year on year to 558 kboed and remained on track for full-year guidance of 560-570 kboed. Repsol raised its 2026 share buyback guidance, with a first EUR 350 million program completed in July, a second EUR 500 million program due before end-October, and a third expected to be announced with 3Q26 results as it targets distributing 30%-40% of cash flow from operations to shareholders.

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Disclaimer: This news brief was created using generative artificial intelligence. Repsol SA published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.