Earnings Alerts

Galp Energia Sgps Sa (GALP) Earnings: 4Q Refining Margin Misses Estimates Despite Production Boost

By February 3, 2025 No Comments
  • Galp’s Q4 refining margin was $5.20, which is a slight increase of 11% compared to the previous quarter but below the estimate of $5.25.
  • The average working interest production was 110,000 barrels of oil equivalent per day, down 13% on a year-on-year basis and below the estimate of 111,289.
  • Processed raw materials increased by 45% compared to the previous period.
  • Production in Brazil decreased by 6% year-on-year and fell 2% from the previous quarter.
  • Q4 oil products supply increased by 15% year-on-year but decreased by 5% quarter-on-quarter.
  • Natural gas and LNG supply and trading volumes increased by 17% year-on-year but dropped 2% quarter-on-quarter.
  • Client sales of oil products rose by 6% compared to the previous year but fell 2% from the previous quarter.
  • Installed renewable capacity remained constant at 1.5 gigawatts in Q4, unchanged from Q3.
  • Analyst recommendations include 14 buys, 8 holds, and 3 sells for Galp.

A look at Galp Energia Sgps Sa Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
Resilience4
Momentum3
OVERALL SMART SCORE3.4

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, S.A. is an integrated energy company operating globally, with a strong focus on key regions such as Brazil, Angola, and Mozambique. The company’s downstream activities are primarily based in Iberia, with a particular emphasis on Refining & Marketing and Gas & Power businesses. When looking at the Smartkarma Smart Scores, Galp Energia scores highest in Growth and Resilience, indicating a positive long-term outlook for the company in terms of expanding operations and weathering market challenges effectively. While the Value and Momentum scores are slightly lower, the overall rating suggests a promising future for Galp Energia in the energy sector.

In summary, Galp Energia, SGPS, S.A. is a diversified energy firm with a significant presence in key global energy markets. With a strong focus on growth and resilience, as indicated by the Smartkarma Smart Scores, the company appears well-positioned for long-term success. By leveraging its expertise in regions like Brazil and Mozambique, and with a strategic focus on downstream activities in Iberia, Galp Energia is poised to navigate market conditions effectively and continue its growth trajectory in the energy sector.


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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