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
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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 ...

03/03/26
Still time to buy into Oil

27/02/26
FY25 was clearly weak, hit by the offshore wind reset and delayed oil & gas spending. Revenue fell −16.1% YoY to €1,848m, with Marine at €1,437m ...

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

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