What was Repsol's adjusted net profit for Q2 2026, and how does it compare to Q2 2025?

Repsol's adjusted net profit for Q2 2026 (April–June) was €1.84 billion ($2.1 billion), more than tripling from €598 million in Q2 2025. This surge was driven by stronger refining margins and higher oil prices.

How much is Repsol increasing its 2026 share buyback programme, and what is its broader capital return plan?

Repsol is increasing its second 2026 share buyback to €500 million, in addition to the €350 million programme already completed; it expects to announce a third buyback in October as part of its plan to distribute 30% to 40% of operating cash flow to shareholders.

Repsol's Q2 Adjusted Profit More Than Triples on Refining Strength

Jul 22, 2026

Spanish energy firm Repsol reported its Q2 adjusted net profit more than tripled to €1.84 billion, driven by stronger refining margins and higher oil prices. The company also announced an increased share buyback program totaling €500 million.

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