Repsol YPF, S.A., together with its subsidiaries, operates as an integrated oil and gas company. It engages in the exploration, development, and production of crude oil and natural gas; transportation of petroleum products, liquid petroleum gas (LPG), and natural gas; petroleum refining; petrochemical production; and marketing of petroleum products, petroleum derivatives, petrochemicals, LPG, and natural gas. The company also involves in the electricity generation business. It sells gasoline under Repsol, Campsa, and Petronor brand names.
REP is an international dividend achiever. It has been increasing its dividends for the past five consecutive years. From the end of 1999 up until September 2008 this dividend stock has delivered an annual average total return of 7.70 % to its shareholders. The stock has lost about 16% of its value so far in 2008.
Disclosure: I do not own shares of REP