REPSOL SA: The Spanish national leader and a potential competitor in the refining sector

Abstract

The purpose of this paper is to analyze meticulously the annual accounts belonging to the company REPSOL, S.A. In particular, the transactions carried out during the last 5 years, between 2012 and 2016, with the main goal of explaining the positioning of this company in the national refining market, as well as its current situation at the global level. In order to develop this work, a specific methodology will be used. First of all, it will analyze both the horizontal and the vertical evolution of the company in question. Secondly, it will present a detailed study regarding its annual accounts which will be followed by a study of ratios. Furthermore, it will expound a data comparison about the economic-financial information of this company and the four main competitors in this field, at the national and international level. These competitors are CEPSA, CLH, TOTAL and BP. Finally, to sum up, it presents the conclusions reached in this economic-financial study about the company REPSOL, S.A.