Repsol, S.A. (REP.MC) Stock Analysis & Winston Score

Repsol is a Spanish energy company that finds, produces, and sells oil and natural gas around the world. It also refines crude oil into fuels like gasoline and diesel, and sells those fuels to drivers and businesses through its network of gas stations, mainly in Spain and the rest of Europe. Repsol is one of Spain's largest companies and operates across the full energy chain, from drilling wells to selling fuel at the pump. The company earns money through oil and gas production, refining, and retail fuel sales, as well as a growing low-carbon energy business that includes wind and solar power. It operates in over 30 countries, with major production assets in Latin America, North Africa, and North America. Repsol's integrated structure helps it manage swings in oil prices, but its profits remain heavily tied to global crude oil prices, which is its main risk as the world gradually shifts toward cleaner energy sources.