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Galp Energia SGPS SA (GALP.LS)

GALP.LS on Lisbon Stock Exchange

14.39EUR
15 Feb 2019
Change (% chg)

€0.38 (+2.75%)
Prev Close
€14.00
Open
€14.02
Day's High
€14.41
Day's Low
€14.02
Volume
1,679,131
Avg. Vol
1,595,452
52-wk High
€18.00
52-wk Low
€13.14

Latest Key Developments (Source: Significant Developments)

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

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 

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 

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 

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

Portuguese oil firm Galp girds for belated Brazilian boost

LISBON, Feb 11 Portuguese oil company Galp said on Monday it expects higher crude output, refining margins and efficiency gains to deliver a steep rise in 2020 and beyond as its Brazilian and Angolan operations pump up the volumes.