Galp Energia, SGPS, S.A.

Lisbon Stock Exchange:GALP.LS

Sector

🔌 Utilities

Industries

⛽ Oil & Gas

💨 Gas

🚰 General Utilities

⛽️ Pipeline Transport

🌞 Renewables

Location

Portugal

Market Cap

USD 13.83 B

Share Price

USD 17.90

Avg Daily Volume

1,745,596

Change (1 day)

1.28%

Change (1 year)

-13.23%

Change (YTD)

8.35%

Galp Energia, SGPS, S.A. Research and Development (R&D) Expenses for the year ending December 31, 2024: USD 0.00

Galp Energia, SGPS, S.A. Research and Development (R&D) Expenses is USD 0.00 for the year ending December 31, 2024. Research and development (R&D) expenses are the costs associated with the development of new products, technologies, or improvements to existing products.

Galp Energia, SGPS, S.A. Research and Development (R&D) Expenses for the year ending December 31, 2023 was USD 0.00.
Galp Energia, SGPS, S.A. Research and Development (R&D) Expenses for the year ending December 31, 2022 was USD 0.00.
Galp Energia, SGPS, S.A. Research and Development (R&D) Expenses for the year ending December 31, 2021 was USD 0.00.
Galp Energia, SGPS, S.A. Research and Development (R&D) Expenses for the year ending December 31, 2020 was USD 0.00.

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Key data

Date	Research and Development (R&D) Expenses	Revenue	Revenue	Gross Profit

Lisbon Stock Exchange: GALP.LS

Galp Energia, SGPS, S.A.

CEO	Ms. Maria Joao Carioca
IPO Date	Oct. 23, 2006
Location	Portugal
Headquarters	Rua TomAs da Fonseca - Torre A
Employees	6,881
Sector	🔌 Utilities
Industries Oil & Gas 💨 Gas 🚰 General Utilities ⛽️ Pipeline Transport 🌞 Renewables

Description

Galp Energia, SGPS, S.A. operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Energy Management, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, and Angola. The Industrial & Energy Management segment owns refineries in Portugal, as well as is involved in activities related to energy management of oil products, gas, and electricity. This segment also provides storage and transportation infrastructure for oil and gas products, as well as engages in the sale of electricity to the grid in Portugal and Spain. The Commercial segment is involved in the areas of retail to final business-to-business and business to consumer customers of oil, gas, and electricity. The Renewables and New Business segment is involved in the development of solar and wind power generation projects in Portugal and Spain. In addition, it produces biodiesel, biofuel, and green hydrogen; and operates 1,480 service stations and 1,186 electric mobility charging points. Further, the company engages in the reinsurance business. The company was formerly known as Galp Petróleos e Gás de Portugal, SGPS, S.A. and changed its name to Galp Energia, SGPS, S.A. in September 2000. Galp Energia, SGPS, S.A. was incorporated in 1999 and is headquartered in Lisbon, Portugal.