Repsol is certainly not my biggest investment In this sector, and I also wouldn't say that this is the best company out there in the sector. But is it worth more than $11-12 for the ADR?
Repsol is undervalued with a trailing P/E of 8.1x, compared to BP's 229x and Galp Energia's 10.5x, indicating strong buy potential. The company is strategically farming down investments in its ...