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Galp Energia SGPS SA (GALP.LS)

GALP.LS on Lisbon Stock Exchange

17.38EUR
17 Aug 2018
Change (% chg)

€0.03 (+0.17%)
Prev Close
€17.34
Open
€17.37
Day's High
€17.41
Day's Low
€17.24
Volume
569,739
Avg. Vol
1,473,798
52-wk High
€18.00
52-wk Low
€13.54

Latest Key Developments (Source: Significant Developments)

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 Q3 oil and gas working interest output up 62.1 percent YoY
Friday, 14 Oct 2016 

Galp Energia SGPS SA : Q3 oil and gas working interest output up 62.1 percent to 74,000 barrels of oil equivalent per day YoY . Q3 oil output up 63.0 percent to 68,800 barrels per day YoY . Crude processed in Q3 down 1.4 percent YoY, with 29.4 million barrels refined . Q3 sales of refined products to direct clients down 4.8 percent to 2.3 million tonnes YoY .Q3 total natural gas sales down 8.4 percent to 1.75 billion cubic metres yoy.  Full Article

Galp unit issued 600 million euro medium term notes
Tuesday, 20 Sep 2016 

Galp Gas Natural Distribuicao SA: Says completes issue of Euro Medium Term Notes totaling 600.0 million euros ($670.9 million) with maturity in 2023 .Says notes are issued at 1.375 percent coupon, with BoAML, JP Morgan and Banco Santander acting as joint-book runners.  Full Article

Oil major Total starts production at offshore Angola's Kaombo project

PARIS, July 27 French energy group Total said on Friday that it had started production at the Kaombo project, which is currently the biggest, deep offshore development in Angola.