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MarketScreener Homepage  >  Equities  >  Euronext Lisbonne  >  Galp Energia, SGPS, S.A.    GALP   PTGAL0AM0009

GALP ENERGIA, SGPS, S.A.

(GALP)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 04/08 01:36:32 pm
9.941 EUR   -0.84%
03:33aGALP ENERGIA SGPS S A : Trading update - 1Q - 2020
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03:13aGALP ENERGIA SGPS S A : Recent developments & 1Q20 Trading Update
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04/03GALP ENERGIA : quaterly sales release
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Galp 4Q Net Profit Rose as Production Growth Offset Lower Prices -- Update

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02/18/2020 | 02:29am EDT

(Updates with outlook.)

 

By Giulia Petroni

 

Galp Energia SGPS SA said Tuesday that fourth-quarter profit more than doubled and that increased production offset a lower price environment.

The Portuguese energy company said net profit rose to 106 million euros ($114.8 million) from EUR44 million in the year-earlier period.

Sales decreased 1.5% to EUR3.99 billion from EUR4.05 billion a year earlier, the company said.

Galp said that adjusted earnings before interest, tax, depreciation and amortization from its exploration-and-production unit in the fourth quarter rose 47% on year, buoyed by production increases which more than offset lower oil prices. Working interest production increased 21% to 136,900 barrels of oil equivalent a day.

For the full year, Galp's net profit rose to EUR741 million from EUR479 million the year before, while sales for 2019 totaled EUR16.54 billion.

Looking ahead, Galp said it expects annual cash flow from operations to exceed EUR3 billion from 2025, with more than 75% generated outside of Spain and Portugal.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
GALP ENERGIA, SGPS, S.A. -0.55% 9.97 Delayed Quote.-32.72%
LONDON BRENT OIL -0.58% 32 Delayed Quote.-47.14%
WTI -1.00% 24.125 Delayed Quote.-59.76%
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02/18Galp 4Q Net Profit Rose as Production Growth Offset Lower Prices -- Update
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More news
Financials (EUR)
Sales 2020 13 738 M
EBIT 2020 927 M
Net income 2020 302 M
Debt 2020 2 947 M
Yield 2020 7,29%
P/E ratio 2020 25,6x
P/E ratio 2021 12,6x
EV / Sales2020 0,82x
EV / Sales2021 0,68x
Capitalization 8 313 M
Chart GALP ENERGIA, SGPS, S.A.
Duration : Period :
Galp Energia, SGPS, S.A. Technical Analysis Chart | GALP | PTGAL0AM0009 | MarketScreener
Technical analysis trends GALP ENERGIA, SGPS, S.A.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 13,61  €
Last Close Price 10,03  €
Spread / Highest target 64,6%
Spread / Average Target 35,8%
Spread / Lowest Target -10,2%
EPS Revisions
Managers
NameTitle
Carlos Nuno Gomes da Silva Vice Chairman & Chief Executive Officer
Paula Fernanda Ramos Amorim Chairman
Carlos Manuel Costa Pina Co-Chief Operating Officer & Executive Director
José Carlos da Silva Costa Co-Chief Operating Officer & Executive Director
Thore E. Kristiansen Co-Chief Operating Officer & Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
GALP ENERGIA, SGPS, S.A.-32.72%9 054
EXXON MOBIL CORPORATION-40.90%174 536
RELIANCE INDUSTRIES LTD9.44%94 515
BP PLC-27.69%84 590
CHINA PETROLEUM & CHEMICAL CORPORATION0.50%74 437
PTT-0.65%33 362