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View Full Version : Repsol Profit Falls 57% on Declining Oil, Gas Prices - Bloomberg



NewsWhore
05-08-2009, 07:30 AM
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Repsol Profit Falls 57% on Declining Oil, Gas Prices (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3Dar_.HsH0c2qw%26refer%3Deurope&cid=1347784457&ei=8gsESpbDBYXGsgbIp-y6BA&usg=AFQjCNEw53UAiWUxywrzk8mp-Ac2UsCJ6g)
Bloomberg
Profit beat estimates because Repsol benefited from currency gains and lower-than-expected taxes, Jason Kenney, head of pan-European oil and gas equity research at ING Wholesale Banking, said in an e-mailed note. The company&#39;s tax rate was 39.5 percent ...


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