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Galp Energia SGPS
Galp Energia SGPS (GALP) investor relations material
Galp Energia SGPS Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 TU earnings summary2 Feb, 2026
Executive summary
Upstream working interest production reached 113 kboepd in 4Q25, up 2% year-over-year but down 1% sequentially.
Oil maintained an 87% share of upstream production, consistent with prior periods.
Financial highlights
Galp refining margin was $6.9/boe in 4Q25, up 32% year-over-year but down 27% from 3Q25.
Raw materials processed dropped 56% year-over-year and sequentially to 9.9 mboe.
Oil products supply fell 21% year-over-year and 26% sequentially to 3.0 mton.
NG/LNG supply & trading volumes rose 54% year-over-year and 6% sequentially to 18.1 TWh.
Outlook and guidance
Management cautions that all data is provisional and subject to change in the final results.
Forward-looking statements highlight exposure to market risks and uncertainties.
Reason for 56% drop in raw materials processed
Factors behind 51% drop in renewable generation
Strategy driving NG/LNG supply & trading growth
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Next Galp Energia SGPS earnings date
Q4 20252 Mar, 2026
Galp Energia SGPS
Next Galp Energia SGPS earnings date
Q4 20252 Mar, 2026
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Frequently asked questions
Galp Energia SGPS S.A. is a Portuguese integrated energy company with a diverse portfolio that spans the entire energy value chain. It is involved in the exploration, development, and production of crude oil and natural gas, as well as the refining, distribution, and marketing of petroleum products. Galp Energia also invests in renewable energy sources and cogeneration facilities, highlighting its commitment to the transition towards more sustainable energy sources. The company has a significant presence not only in Portugal and Spain but also in South America and parts of Africa. Galp Energia is headquartered in Lisbon, Portugal, and its shares are listed on the Euronext Lisbon.
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