Repsol vs SLB (REP vs SLB)

Repsol (REP) vs SLB (SLB) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.

Repsol (REP) and SLB (SLB) compete in oil and gas. Here are Repsol and SLB side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Repsol or SLB.

Repsol vs SLB: the figures

Repsol and SLB figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Repsol or SLB figure is not available, and we never estimate it.

3 key differences between Repsol and SLB

1. Valuation: SLB trades at 25.0x its annual earnings and Repsol at 5.3x; the market pays more for each dollar of SLB profit, usually because it expects more growth.
2. Growth: Repsol grew sales +51.8% year on year in its latest quarter, against +5.8% for SLB.
3. Volatility: SLB stock moves more (beta 0.79) than Repsol (beta -0.18); the higher the beta, the more it amplifies market swings.

Repsol or SLB: which fits your profile

• If you want growth: Repsol is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
• If you want income (dividends): Repsol pays the higher dividend relative to its price.
• If you prefer caution: Repsol has less debt relative to its profit, which usually gives more room in a bad year.
• If price is what matters most to you: Repsol trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.

Neither Repsol nor SLB wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.

How Repsol and SLB make money

Repsol (REP)

Repsol reports four segments: Upstream, which explores for and produces oil and gas on several continents; Industrial, its refineries and chemical plants in Spain; Customer, covering service stations, lubricants and home electricity and gas; and Low Carbon Generation, with renewables and combined-cycle gas plants. Full Repsol analysis.

SLB (SLB)

SLB, formerly Schlumberger, sells technology and services that help oil companies find, drill and produce from wells. Its divisions are Digital, Reservoir Performance, Well Construction and Production Systems, the last expanded by the ChampionX acquisition. Customers are national and international oil companies, with the Middle East and North America as key regions. Full SLB analysis.

Frequently asked questions: Repsol vs SLB

Is Repsol or SLB the better stock?

Choosing between Repsol and SLB depends on what you are looking for. Repsol is growing faster right now, and Repsol trades on the lower P/E. Fintols does not tell you whether to buy Repsol or SLB: it shows you the differences so you can decide.

Which pays a higher dividend, Repsol or SLB?

As of November 4, 2026, Repsol yields 3.47% and SLB yields 2.26%. Also check how much of their profit Repsol and SLB pay out: if it is more than they earn, it cannot last.

Which is more expensive, Repsol or SLB?

On P/E, SLB (25.0x) is more expensive than Repsol (5.3x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.

Can I own both Repsol and SLB?

Yes. Many people spread their money across several companies, such as Repsol and SLB, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Repsol or SLB.

More comparisons with Repsol or SLB

• EOG Resources vs Repsol
• Phillips 66 vs Repsol
• Iberdrola vs Repsol
• EOG Resources vs SLB

More companies like Repsol and SLB: oil and gas stocks. Educational content about Repsol and SLB, not investment advice.