MADRID—Spanish oil major Repsol SA on Thursday reported a 95% rise in second-quarter profit, boosted by the sale of stock in its former Argentine unit and bonds the company received in compensation for its nationalization.
Repsol said net profit was €520 million ($700.1 million) in the quarter, compared with €267 million a year ago. In the spring, Repsol settled a legal dispute with Argentina after it nationalized its YPF SA unit in 2012. The company reaped more than $6 billion by selling shares in the unit and Argentine...