Galp Energia


Upstream Resilience Cushions Refining Weakness, Strong 2026 Outlook

03/03/26 -"Q4 came broadly in line, with Group EBITDA at €619m (vs €911m QoQ, -32%), impacted by the major planned turnaround at Sines, while Upstream remained resilient at €430m (vs €464m QoQ, -7%) despite ..."

Pages
82
Language
English
Published on
03/03/26
You may also be interested by these reports :
06/03/26
Neste (REDUCE; Finland) is a leading European refiner and renewable fuels producer, active in both conventional refining and low-carbon fuels such as ...

05/03/26
We have raised our 2026 and 2027 EPS assumptions, reflecting a stronger refining environment following the disruption of Middle East product flows. ...

03/03/26
Q4 came broadly in line, with Group EBITDA at €619m (vs €911m QoQ, -32%), impacted by the major planned turnaround at Sines, while Upstream remained ...

03/03/26
Results improved compared to 2024, with revenue of €6,466m (+45% YoY) and EBIT of €291m (+61% YoY), driven by strong execution in Natural Gas ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO