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Galp Energia SGPS SA (GALP.LS)

GALP.LS on Lisbon Stock Exchange

12.84EUR
7:10am EDT
Change (% chg)

€0.24 (+1.90%)
Prev Close
€12.60
Open
€12.66
Day's High
€12.85
Day's Low
€12.66
Volume
326,026
Avg. Vol
1,538,655
52-wk High
€17.93
52-wk Low
€12.43

Latest Key Developments (Source: Significant Developments)

Galp Energia Says Is On Track To Deliver 2020 Organic FCF Guidance
Monday, 29 Jul 2019 02:25am EDT 

July 29 (Reuters) - Galp Energia SGPS SA ::SAYS IS WELL POSITIONED TO DELIVER EUR 1 BILLION ORGANIC FCF BY 2020.SEES POTENTIAL FOR DIVIDENDS GROWTH, WHILE MAINTAINING FINANCIAL DISCIPLINE.  Full Article

Galp Energia Q2 Oil Output Up 5% YoY
Monday, 15 Jul 2019 01:55am EDT 

July 15 (Reuters) - Galp Energia SGPS SA ::Q2 OIL AND GAS WORKING INTEREST OUTPUT UP 3% AT 111,700 BARRELS OF OIL EQUIVALENT PER DAY YEAR ON YEAR.Q2 OIL OUTPUT UP 5% AT 99,400 BARRELS PER DAY YEAR ON YEAR.CRUDE PROCESSED IN Q2 DOWN 10%, WITH 26.1 MILLION BARRELS REFINED.Q2 TOTAL NATURAL GAS SALES FLAT AT 1.89 BILLION CUBIC METERS YEAR ON YEAR.Q2 SALES OF REFINED PRODUCTS TO DIRECT CLIENTS UP 8% AT 2.3 MILLION TONNES YEAR ON YEAR.  Full Article

Galp Energia Signs Gas Sourcing Agreement With Sonatrach For A Period Of Up To 10 Years
Tuesday, 11 Jun 2019 04:49am EDT 

June 11 (Reuters) - Galp Energia SGPS SA ::SIGNS GAS SOURCING AGREEMENT WITH SONATRACH FOR A PERIOD OF UP TO 10 YEARS.  Full Article

Galp Energia To Buy 58 Pct Of Tagusgas For 32 Mln Euros
Friday, 26 Apr 2019 12:05pm EDT 

April 26 (Reuters) - Galp Energia SGPS SA ::TO BUY 58.03 PERCENT STAKE IN THE SHARE CAPITAL OF TAGUSGAS - EMPRESA DE GAS DO TAGUS VALLEY, S.A. FOR AMOUNT OF 32 MILLION EUROS.UPON COMPLETION, GALP WILL HOLD 99.36 PERCENT OF SHARE CAPITAL OF TAGUSGAS.  Full Article

Galp Energia Q1 Oil Output Up 9 Percent YoY
Monday, 15 Apr 2019 01:51am EDT 

April 15 (Reuters) - Galp Energia SGPS SA ::Q1 TOTAL NATURAL GAS SALES FLAT AT 1.97 BILLION CUBIC METERS YOY.Q1 OIL AND GAS WORKING INTEREST OUTPUT UP 8 PERCENT AT 112,600 BARRELS OF OIL EQUIVALENT PER DAY YOY.CRUDE PROCESSED IN Q1 DOWN 10 PERCENT, WITH 22.6 MILLION BARRELS REFINED.Q1 OIL OUTPUT UP 9 PERCENT AT 99,500 BARRELS PER DAY YOY.Q1 SALES OF REFINED PRODUCTS TO DIRECT CLIENTS UP 4 PERCENT AT 2.1 MILLION TONNES YEAR ON YEAR.  Full Article

Portugal's Galp Q4 Oil And Gas Working Interest Output Up 9 Pct Vs Q3
Monday, 28 Jan 2019 01:56am EST 

Jan 28 (Reuters) - Galp Energia SGPS SA ::Q4 OIL OUTPUT UP 7 PERCENT AT 99,800 BARRELS PER DAY VERSUS Q3.Q4 TOTAL NATURAL GAS SALES DOWN 15 PERCENT AT 1.73 BILLION CUBIC METRES VERSUS Q3.Q4 OIL AND GAS WORKING INTEREST OUTPUT UP 9 PERCENT AT 113,100 BARRELS OF OIL EQUIVALENT PER DAY VERSUS Q3.CRUDE PROCESSED IN Q4 DOWN 31 PERCENT, WITH 19.2 MILLION BARRELS REFINED VERSUS Q3.Q4 SALES OF REFINED PRODUCTS TO DIRECT CLIENTS DOWN 5 PERCENT AT 2.2 MILLION TONNES VERSUS Q3.  Full Article

CNMC Fines Galp Gas Natural For Manipulation Of Organized Gas Market
Friday, 30 Nov 2018 02:58am EST 

Nov 30 (Reuters) - Galp Energia SGPS SA ::SPAIN'S COMPETITION WATCHDOG CNMC SAYS FINED GALP GAS NATURAL WITH 80,000 EUROS FOR MANIPULATION OF ORGANIZED GAS MARKET.  Full Article

Portugal's Galp Expects To Raise Oil Production In Brazil Above 150,000 BOE A Day In 2025, Up From Current 100,000 - Petrogal CEO
Thursday, 29 Nov 2018 01:51pm EST 

Nov 29 (Reuters) - Galp Energia SGPS SA ::PORTUGAL'S GALP EXPECTS TO RAISE OIL PRODUCTION IN BRAZIL ABOVE 150,000 BARRELS A DAY IN 2025, UP FROM CURRENT 100,000 - PETROGAL CEO.  Full Article

Galp Q3 Net Profit Up At 212 Mln Euros YoY
Monday, 29 Oct 2018 02:55am EDT 

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 01:24am EDT 

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 says Brazil oil rounds getting expensive, will be cautious

LISBON, July 29 Portugal's Galp Energia , whose cherry-picking in Brazilian oil licensing auctions since the mid-2000s has left it with one of the most enviable portfolios of stakes in offshore oil fields there, says new licences are getting too pricey.