- Galp’s refining margin for the first quarter is $5.60, exceeding estimates and showing a 7.7% increase from the previous quarter.
- The average working interest production was 104,000 barrels of oil equivalent per day (boepd), which is a decrease of 2.8% compared to last year and slightly below the estimated 105,489 boepd.
- Processed raw materials saw a 4% reduction in the first quarter.
- Supply volume of oil products fell by 3% year-on-year and decreased 7% quarter-on-quarter.
- There was a significant rise in natural gas/LNG supply and trading volumes, with a 13% increase year-on-year and a 14% rise quarter-on-quarter.
- Client sales in the oil products commercial area were up 2% compared to last year but fell 10% from the previous quarter.
- Natural gas sales to clients rose by 13% year-on-year and increased by 9% quarter-on-quarter.
- The renewables sector maintained its installed capacity at 1.5 GW in the first quarter, remaining unchanged from the fourth quarter.
- In terms of investment potential, there are 15 buy, 8 hold, and 2 sell recommendations.
A look at Galp Energia Sgps Sa Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Galp Energia Sgps Sa, an integrated energy company with diversified activities worldwide, is positioned for significant long-term growth, according to Smartkarma Smart Scores. With a strong focus on growth and dividends, the company scores high in these key areas. Its operations in the South Atlantic region, including Brazil’s pre-salt Santos basin, Angolan offshore, and Mozambique’s Rovuma basin, provide a solid foundation for future expansion. Additionally, its downstream activities in Iberia, including Refining & Marketing and Gas & Power businesses, add to its resilience and value in the market.
Despite lower momentum scores, Galp Energia Sgps Sa‘s overall outlook remains positive, supported by its robust growth potential and strong dividend offerings. Investors looking for a company with a solid foundation in key growth areas and a commitment to shareholder returns may find Galp Energia Sgps Sa an attractive long-term investment option based on the Smartkarma Smart Scores analysis.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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