Edition:
United States

Galp Energia SGPS SA (GALP.LS)

GALP.LS on Lisbon Stock Exchange

15.95EUR
20 Apr 2018
Change (% chg)

€-0.16 (-0.99%)
Prev Close
€16.11
Open
€15.85
Day's High
€16.13
Day's Low
€15.81
Volume
1,322,494
Avg. Vol
1,231,315
52-wk High
€16.60
52-wk Low
€12.92

Latest Key Developments (Source: Significant Developments)

Galp Energia Q4 Adjusted EBITDA Up At 489 Million Euros
Tuesday, 20 Feb 2018 02:06am EST 

Feb 20 (Reuters) - Galp Energia SA ::Q4 ADJUSTED. EBITDA 489 MILLION EUROS VERSUS 396 MILLION EUROS YEAR AGO.Q4 ADJUSTED. NET PROFIT 186 MILLION EUROS VERSUS 121 MILLION EUROS YEAR AGO.Q4 REFINING MARGIN $4.9 /BARREL VERSUS $5.2/BARREL YEAR AGO.TO PROPOSE FY 2017 DIVIDEND OF EUR 0.55/SHARE AT UPCOMING AGM.SEES GROUP EBITDA AT C. 1.8 BILLION EUROS – 1.9 BILLION EUROS IN 2018‍​.SEES GROUP CFFO CAGR 2017-2020 ABOVE 10 PCT‍​.SEES 2018 CAPEX GUIDANCE OF C. 1.0 BILLION EUROS – 1.1 BILLION EUROS.  Full Article

Galp to issue 500 mln euro bonds due in 2023
Thursday, 9 Nov 2017 01:32am EST 

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 03:01am EDT 

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 01:59am EDT 

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

Ecoslops ‍implements deal with Galp to supply refined cut
Monday, 11 Sep 2017 11:36am EDT 

Sept 11 (Reuters) - ECOSLOPS SA ::‍IMPLEMENTATION OF A LONG TERM AGREEMENT WITH GALP <<>> FOR SUPPLY OF REFINED CUT TO SINES REFINERY OF GALP ​.‍SUPPLY AGREEMENT UNDER WHICH GALP WILL PURCHASE REFINED CUT PRODUCED BY ECOSLOPS AT MARKET PRICE AT ITS REFINERY AT SINES.​.‍AGREEMENT, SCHEDULED TO LAST UNTIL END OF 2020.​.  Full Article

Galp to pay interim dividend of 0.25 eur/shr
Friday, 1 Sep 2017 02:05am EDT 

Sept 1 (Reuters) - GALP ENERGIA SGPS SA ::SAID ON THURSDAY WILL PAY INTERIM GROSS DIVIDEND OF 0.25 EUROS/SHARE ON SEPT. 21.  Full Article

Galp Energia Q2 adjusted net profit up 14 pct at 151 mln euros
Monday, 31 Jul 2017 02:11am EDT 

July 31 (Reuters) - GALP ENERGIA SGPS SA ::Q2 SALES 3.63 BILLION EUROS VERSUS 3.11 BILLION EUROS YEAR AGO.Q2 ADJUSTED NET PROFIT 151 MILLION EUROS VERSUS 133 MILLION EUROS YEAR AGO.Q2 EBITDA 422 MILLION EUROS VERSUS 366 MILLION EUROS YEAR AGO.Q2 REFINING MARGIN 5.7 $/BARREL VERSUS $4.6/BARREL YEAR AGO.2017 GROUP EBITDA NOW EXPECTED ABOVE INITIAL GUIDANCE.2017 GROUP CAPEX ESTIMATED AT 1.0 BILLION EUROS.MAINTAINS PRODUCTION GUIDANCE.SEES FY EBITDA OF 1.5 BILLION EUROS – 1.6 BILLION EUROS.EBITDA AFFECTED BY LOWER BRENT PRICE AND HIGHER UNIT COSTS DUE TO MAINTENANCE STOPPAGES AND START-UP OF FPSO #7.  Full Article

Galp Energia Q2 sales of refined products to direct clients up 0.8 pct yoy
Monday, 17 Jul 2017 02:24am EDT 

July 17 (Reuters) - GALP ENERGIA SA ::Q2 OIL AND GAS WORKING INTEREST OUTPUT UP 64.2 PERCENT AT 89,900 BARRELS OF OIL EQUIVALENT PER DAY YEAR ON YEAR.Q2 OIL OUTPUT UP 51 PERCENT AT 78,000 BARRELS PER DAY YEAR ON YEAR.CRUDE PROCESSED IN Q2 UP 13.9 PERCENT YEAR ON YEAR, WITH 30.0 MILLION BARRELS REFINED.Q2 SALES OF REFINED PRODUCTS TO DIRECT CLIENTS UP 0.8 PERCENT AT 2.3 MILLION TONNES YEAR ON YEAR.Q2 TOTAL NATURAL GAS SALES UP 8.3 PERCENT AT 1.73 BILLION CUBIC METRES YEAR ON YEAR.  Full Article

Galp Energia ratifies decision to invest in Coral South FLNG project
Thursday, 1 Jun 2017 12:52pm EDT 

June 1 (Reuters) - GALP ENERGIA SA ::SAYS AREA 4 CONSORTIUM IN MOZAMBIQUE RATIFIES FINAL INVESTMENT DECISION (FID) FOR THE CORAL SOUTH FLNG PROJECT.SAYS TOTAL DEVELOPMENT CAPEX FOR UPSTREAM AND MIDSTREAM IS ESTIMATED AT $7 BILLION AND FIRST GAS IS EXPECTED DURING 2022.SAYS AREA 4 CONSORTIUM HAS ALSO SIGNED ABOUT $5 BILLION PROJECT FINANCING PACKAGE WITH SYNDICATE OF LEADING ECAS AND INTERNATIONAL FINANCIAL INSTITUTIONS.  Full Article

Galp Q1 adjusted net profit down at 99 mln euros
Tuesday, 2 May 2017 02:11am EDT 

May 2 (Reuters) - Galp Energia SA ::Q1 adjusted net profit 99 million euros ($108.1 million)versus 114 million euros year ago.Says Q1 adjusted net profit was impacted by a swing in the mark-to-market of hedging derivatives and by an increase in taxes.Q1 adjusted EBITDA 419 million euros versus 293 million euros year ago, with the performance of Refining & Marketing and Exploration & Production offsetting the lower Gas & Power contribution.Q1 refining margin $5.1/barrel versus $4.1/barrel year ago.  Full Article

UPDATE 1-Portugal's Galp predicts flat 2018 earnings, slower output growth

LISBON, Feb 20 Portuguese oil company Galp Energia expects largely flat pre-tax earnings this year after a 32 percent increase in 2017 as production growth slows.