fact sheet repsol 2019 eng...2.5 billion euros for the development of low-emissions business by 2020...
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MEXICO
UNITED STATES
BRAZIL
CANADA
BOLIVIA
VENEZUELA
COLOMBIA
PERU
ECUADOR
SPAINPORTUGAL
FRANCE
GERMANY
ITALY
GUYANA
TRINIDAD AND TOBAGO
ARUBA
IRELAND
UNITED KINGDOM
GREECE
NORWAY
CHINAIRAQ
INDONESIA
PAPUANEW GUINEA
AUSTRALIA
ALGERIA LIBYA
MOROCCO
BULGARIA
RUSSIA
VIETNAM
MALAYSIA
SINGAPORE
Downstream
Upstream
Both
We are a global multi-energy company present in each link of the value chain. We o�er a comprehensive range of products and services that make people’s daily life easier and help ensure the sustainable progress of society.
Repsol worldwide
Upstream 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 e�cient 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
• E�ciency 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 barrelsof 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
DownstreamThe Downstream business supplies and trades crude oil and products; refines oil; produces and markets petroleum products, petrochemicals, and 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%
• 4,500 MW: total installed electricity generation capacity objective for 2025
• 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
Our businesses
Our commitments for a sustainable future
Repsol todayJune 2019
Our company
Press contact
Juan Navarro ValdemoroDirector of CommunicationE-mail: [email protected]
Investor Relations contact
Ramón Álvarez-Pedrosa SánchezDirector of Investor RelationsE-mail: [email protected] Information updated on June 30st, 2019
2018-2020 Strategic Plan: growth and value creation
STRATEGY BASED ON THREE PILLARS
Key elements of the Strategic Plan: growth and value creation
15 billion euros: planned investment in the 2018-2025 period
Financial flexibility
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
Increase in shareholder remuneration
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
Profitable growth of our portfolio
New long-term opportunities under development
Driven by our competitive advantages
Carbon footprint reduction
Construction of new capacity
Progress in the energy transition
Service stations: more than 4,800 in Spain, Portugal, Peru,
Italy, and Mexico
Distribution of petrochemical products and lubricants
in over 90 countries
C02 emissions reduced by 4,9 million metric tons between 2006 and 2018
Over 25,000 employees in 35 countries
7 industrial facilities in Spain, Portugal, and Peru with a refining capacity of more
than 1 million barrels per day
Average net production: 715 thousand barrels of oil
equivalent per day
10M clients base with direct contact
Responsible mobility: 1,700 electric vehicle charging
stations and more than 700 AutoGas supply points
We have incorporated low-emissions electricity
generation assets, with a total installed capacity of 2,952 MW and planned projects worth an
additional 1,083 MW
OPERATIONAL SAFETYWe guarantee the safety of our employees, contractors, partners, and local communities.24% decrease in the process accident rate
PEOPLEWe invest in people and promote their developmentMore than 80% of the workforce participated in training activities in 2018.
CLIMATE CHANGEIn 2018 we have defined a new GHG emissions reduction plan for 2018-2025 with the objective of achieving an annual reduction of 3MtCO2e at the end of the period compared to 2017
ETHICS AND TRANSPARENCYWe act in a responsible and integral way 13.6 billion euros paid and raised in taxes
TECHNOLOGICAL INNOVATIONWe promote innovation and incorporate technological advancements to keep improving.200 R&D projects
CIRCULAR ECONOMYWe will develop actions to promote the e�cient use of natural resources. Over 160 circular economy initiatives
EDUCATIONAL PROGRAMSWe inform future generations about energy challenges. Over 50,000 students have taken part in Fundación Repsol’s LearningEnergy program.
ENERGY TRANSITIONWe are moving forward toward a new low-emissions energy model. 2.5 billion euros for the development of low-emissions business by 2020