Oil prices above $100 per barrel and a jump in Equinor's third-quarter earnings have put European refiners and fuel retailers in the spotlight, as margins and gas prices can quickly reshape profits. Simply Wall St highlights three exposed names. Repsol, with a market cap of €30.6 billion, earns most of its revenue from its Industrial division (€47.7 billion), followed by Customer (€29.5 billion). It has also agreed to sell just under half of a €849 million Spanish renewables portfolio. SunocoCorp, valued at €3.8 billion, reports $41.4 billion in segment sales, mostly from fuel distribution ($38.8 billion). North Atlantic Energies, valued at €928.1 million, makes all of its €11.4 billion in sales from French refining and distribution. Its loss narrowed in the first half of 2026.

Repsol E&P S.à r.l. (Repsol E&P), the holding company of the exploration and production (Upstream) business of Repsol, S.A. (Repsol) Group, through

Repsol SA reported strong Q2 2026 results with adjusted net income of €1.8 billion, over €1 billion higher year-on-year. First-half adjusted net income reached €7.2 billion, up 135% compared to 2025. The Spanish energy company reduced net debt to €3.7 billion by end of Q2, down €1.1 billion from March 2026. Its gearing ratio stood at 11.3%. Repsol achieved a major milestone with the start-up of the Pikka project in Alaska. Production reached 558,000 barrels of oil equivalent per day, 4% above the previous quarter. The company announced a total cash dividend of €1.051 per share for 2026, approximately 8% higher than 2025. However, geopolitical tensions around the Strait of Hormuz created extreme volatility, whilst a €1.3 billion working capital build-up affected cash generation.