Investopedia: Post-Robbery, Repsol Still Has Promise
This has been Repsol's (OTC:REPYY) annus horribilis, as the Argentine government's decision to steal YPF
(or "nationalize"/"expropriate", if you prefer) walloped the stock and
forced Repsol's management to re-evaluate the company's core operating
priorities and capital structure. While I would never suggest that
losing a business as large as YPF is a long-term positive for the
company, this restructuring was arguably overdue and Repsol has a lot of
appealing production/reserve growth potential.