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Galp Energia SGPS SA (GALP.LS)

GALP.LS on Lisbon Stock Exchange

14.77EUR
21 Nov 2018
Change (% chg)

€0.32 (+2.21%)
Prev Close
€14.45
Open
€14.46
Day's High
€14.85
Day's Low
€14.46
Volume
523,822
Avg. Vol
1,336,171
52-wk High
€18.00
52-wk Low
€13.79

Latest Key Developments (Source: Significant Developments)

Galp Q3 Net Profit Up At 212 Mln Euros YoY
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Galp Energia SGPS SA ::Q3 REVENUE 4.54 BILLION EUROS VERSUS 3.89 BILLION EUROS YEAR AGO.Q3 NET PROFIT 212 MILLION EUROS VERSUS 156 MILLION EUROS YEAR AGO.Q3 EBITDA 642 MILLION EUROS VERSUS 466 MILLION EUROS YEAR AGO.SEES FY 2018 EBITDA EXPECTED AT C. 2.3 BILLION EUROS AND CAPEX AT C. 1.0 BILLION EUROS.SAYS FY 2018 PRODUCTION EXPECTED TO BE UP 15 PERCENT YOY.  Full Article

BlackRock Increases Stake In Galp to 5.03 Pct
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Galp Energia SGPS SA ::SAID ON MONDAY THAT BLACKROCK INVESTMENT MANAGEMENT (UK) LIMITED, SUBSIDIARY OF BLACKROCK INC <<>>, REACHED 2.01 PERCENT OF VOTING RIGHTS IN GALP.BLACKROCK PARENT COMPANY NOW HOLDS 5.03 PERCENT OF VOTING RIGHTS IN GALP.  Full Article

Galp Energia Q2 Adjusted EBITDA Up 38 Pct YoY
Monday, 30 Jul 2018 

July 30 (Reuters) - Galp Energia SGPS SA ::Q2 ADJUSTED. NET PROFIT 251 MILLION EUROS VERSUS 154 MILLION EUROS YEAR AGO.Q2 EBITDA 628 MILLION EUROS VERSUS 456 MILLION EUROS YEAR AGO.Q2 REFINING MARGIN $6.1/BARREL VERSUS $5.7/BARREL YEAR AGO.UPDATES 2018 EBITDA GUIDANCE TO ABOVE 2.1 BILLION EUROS.SEES 2018 GALP REFINING MARGIN AT BETWEEN $4.5/BOE TO $5.5/BOE.UPDATES FY2018 CAPEX GUIDANCE TO 1.0 BILLION EUROS - 1.1 BILLION EUROS.SEES TO KEEP FY2018 PRODUCTION GUIDANCE.SEES THREE NEW FPSOS STARTING PRODUCTION DURING H2.  Full Article

Galp Informs About Start Of Production Of Block 32 Kaombo In Offshore Angola
Friday, 27 Jul 2018 

July 27 (Reuters) - Galp Energia SGPS SA ::INFORMS ABOUT START OF PRODUCTION OF BLOCK 32 KAOMBO, IN OFFSHORE ANGOLA.DEVELOPMENT PLAN OF KAOMBO COMPRISES TWO FPSO UNITS, EACH ESTIMATED TO PRODUCE 115 THOUSAND BARRELS OF OIL PER DAY.TOTAL VOLUMES TO BE RECOVERED FROM THE FIELDS ARE ESTIMATED AT AROUND 650 MILLION BARRELS OF OIL.SAYS OWNS A 5% STAKE IN THE CONSORTIUM FOR THE DEVELOPMENT OF BLOCK 32.  Full Article

Galp Energia: Petrogal Brasil To Buy Additional 3 Pct In Bm-S-8 License
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Galp Energia SA ::SAYS PETROGAL BRASIL IS PREPARING TO ACQUIRE ADDITIONAL 3 PERCENT STAKE IN BM-S-8 LICENSE IN SANTOS BASIN FROM EQUINOR.THE 3% ADDITIONAL INTEREST IS VALUED AT $114 MILLION.FOLLOWING TRANSACTIONS, PETROGAL BRASIL TO HOLD 20% STAKE IN TWO LICENSES WHILE EQUINOR <<>> AND EXXON MOBIL <<>> 40% EACH.  Full Article

Portugal's Galp Q1 Sales Of Refined Products To Direct Clients Up 1 Pct YoY
Friday, 13 Apr 2018 

April 13 (Reuters) - GALP ENERGIA SGPS SA ::Q1 OIL AND GAS WORKING INTEREST OUTPUT UP 18 PERCENT AT 104,100 BARRELS OF OIL EQUIVALENT PER DAY YEAR ON YEAR.Q1 OIL OUTPUT UP 19 PERCENT AT 91,600 BARRELS PER DAY YEAR ON YEAR.CRUDE PROCESSED IN Q1 DOWN 4 PERCENT YEAR ON YEAR, WITH 25.0 MILLION BARRELS REFINED.Q1 SALES OF REFINED PRODUCTS TO DIRECT CLIENTS UP 1 PERCENT AT 2.1 MILLION TONNES YEAR ON YEAR.Q1 TOTAL NATURAL GAS SALES DOWN 2 PERCENT AT 1.98 BILLION CUBIC METERS YEAR ON YEAR.  Full Article

Portugal's Galp Q4 Oil Output Up 17.2 Pct YoY
Monday, 5 Feb 2018 

Feb 5 (Reuters) - GALP ENERGIA SA ::Q4 OIL OUTPUT UP 17.2 PERCENT AT 88,600 BARRELS PER DAY YOY.Q4 OIL AND GAS WORKING INTEREST OUTPUT UP 19.1 PERCENT AT 101,200 BARRELS OF OIL EQUIVALENT PER DAY YOY.CRUDE PROCESSED IN Q4 DOWN 1.5 PERCENT YOY, WITH 28.4 MILLION BARRELS REFINED.Q4 SALES OF REFINED PRODUCTS TO DIRECT CLIENTS UP 1.9 PERCENT AT 2.2 MILLION TONNES YOY.Q4 TOTAL NATURAL GAS SALES UP 2.0 PERCENT AT 1.90 BILLION CUBIC METRES YOY.  Full Article

Galp to issue 500 mln euro bonds due in 2023
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - GALP ENERGIA SGPS SA ::SAID ON WEDNESDAY TO ISSUE 500 MLN EURO BONDS UNDER EURO MEDIUM TERM NOTE PROGRAMME.SAYS BONDS MATURITY IN FEB. 2023, COUPON OF 1.0 PERCENT.BONDS TO BE LISTED ON LONDON STOCK EXCHANGE.SAYS BNP PARIBAS, CAIXABI, DEUTSCHE BANK, SOCIETE GENERALE AND UNICREDIT ACTED AS JOINT BOOKRUNNERS.  Full Article

Galp Q3 adjusted net profit up 45 pct YoY
Monday, 30 Oct 2017 

Oct 30 (Reuters) - GALP ENERGIA SA ::Q3 ADJUSTED NET PROFIT 166 MILLION EUROS VERSUS 115 MILLION EUROS YEAR AGO.Q3 ADJUSTED EBITDA 487 MILLION EUROS VERSUS 384 MILLION EUROS YEAR AGO.Q3 REFINING MARGIN $7.4/BARREL VERSUS $3.4/BARREL YEAR AGO.  Full Article

Galp Q3 oil and gas working interest output up 27.7 pct YoY
Monday, 16 Oct 2017 

Oct 16 (Reuters) - GALP ENERGIA SGPS SA ::Q3 OIL AND GAS WORKING INTEREST OUTPUT UP 27.7 PERCENT AT 94,600 BARRELS OF OIL EQUIVALENT PER DAY YOY.CRUDE PROCESSED IN Q3 UP 0.9 PERCENT YOY, WITH 29.7 MILLION BARRELS REFINED.Q3 OIL OUTPUT UP 20.3 PERCENT AT 82,800 BARRELS PER DAY YOY.Q3 SALES OF REFINED PRODUCTS TO DIRECT CLIENTS UP 5.2 PERCENT AT 2.4 MILLION TONNES YOY.Q3 TOTAL NATURAL GAS SALES DOWN 1.9 PERCENT AT 1.72 BILLION CUBIC METRES YOY.  Full Article

Portugal's Galp lifts earnings outlook on oil price, improved output

LISBON, Oct 29 Portugal's Galp Energia raised its 2018 pre-tax earnings estimate to 2.3 billion euros ($2.6 billion) from a previous forecast of 1.8-1.9 billion on Monday, as a jump in oil prices and stronger output boosted its third-quarter results.