Business description: Galp Energia, SGPS, S.A.

Galp Energia, SGPS, S.A. is a leading European oil and gas group. The group also produces electrical power. Net sales (before intra-group eliminations) break down by activity as follows:

- distribution of oil, natural gas and electricity (49.8%): 7.3 million tons of petroleum products, 16.5 TWh of natural gas, and 7.6 TWh of electricity sold in 2025. At the end of 2025, the group operated 1,243 service stations in Portugal, Spain and Africa;

- refining and trading (35.9%);

- exploration and production of crude oil (12.7%): activity ensured in Brazil, São Tomé and Príncipe, and Namibia;

- other (1.6%).

Net sales are distributed geographically as follows: Europe (86.8%), Latin America (9.9%) and Africa (3.3%).

Number of employees: 6,991

Sales by Activity: Galp Energia, SGPS, S.A.

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Commercial

7.92B 13.41B 10.3B 10.15B 10.31B

Industrial & Midstream

6.3B 11B 8.32B 9.32B 7.45B

Upstream

3.06B 4.4B 3.72B 3.56B 2.64B

Other

84M 236M 293M 258M 236M

Renewables and New Businesses

50M 190M 161M 92M 90M

Consolidation Adjustments

-1.29B -2.32B -2.02B -2.07B -1.22B

Geographical breakdown of sales: Galp Energia, SGPS, S.A.

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Europe

14B 22.11B 17.44B 18.4B 16.93B

Latin America

1.72B 3.97B 2.57B 2.15B 1.94B

Africa

400M 757M 758M 764M 633M

Executive Committee: Galp Energia, SGPS, S.A.

Manager TitleAgeSince
Chief Executive Officer 51 09/01/2025
Chief Executive Officer 54 09/01/2025
Corporate Officer/Principal 50 09/01/2025
Corporate Officer/Principal 45 02/05/2023
Corporate Officer/Principal 48 02/05/2023

Composition of the Board of Directors: Galp Energia, SGPS, S.A.

Director TitleAgeSince
Director/Board Member 59 05/03/2008
Chairman 55 19/10/2016
Director/Board Member 80 31/03/2012
Director/Board Member 66 22/11/2012
Director/Board Member 53 15/04/2015
Director/Board Member 54 13/10/2016
Director/Board Member 48 11/04/2019
Director/Board Member 38 11/04/2019
Director/Board Member 48 11/04/2019
Director/Board Member 50 16/12/2021

Shareholders: Galp Energia, SGPS, S.A.

NameEquities%Valuation
Amorim Energia BV
40.72 %
276,472,161 40.72 % 6 473 M €
Government of Portugal
0.5866 %
3,982,461 0.5866 % 93 M €
IM Gestão de Ativos SGFI SA
0.4136 %
2,808,128 0.4136 % 66 M €
Optimize Investment Partners SGOIC SA
0.3315 %
2,250,500 0.3315 % 53 M €
Mackenzie Investments Europe Ltd.
0.3143 %
2,134,072 0.3143 % 50 M €
NameEquities%Valuation
RhumbLine Advisers LP
0.002185 %
29,664 0.002185 % 347 276 €
Calydon Capital LLC
0.001012 %
13,744 0.001012 % 160 901 €
GAMMA Investing LLC
0.000522 %
7,091 0.000522 % 83 014 €
UBS Trust Company of Puerto Rico (Investment Management)
0.00026 %
3,531 0.00026 % 41 337 €
Salomon & Ludwin LLC
0.000032 %
435 0.000032 % 5 093 €

Company details: Galp Energia, SGPS, S.A.

Galp Energia SGPS SA

Avenida da Índia, 8

1349-065, Lisbon

+351 21 724 2500

http://www.galp.com
address Galp Energia, SGPS, S.A.(GALP)

Group companies: Galp Energia, SGPS, S.A.

NameCategory and Sector
Galp Gás Natural SA
Galp Gás Natural SA
Financial Conglomerates
Financial Conglomerates
Gas Distributors

Integrated Oil & Gas

Change 5d. change 1-year change 3-years change Capi.($)
+0.20%+2.27%+42.68%+88.57% 17.31B
-0.29%+0.29%+6.44%-14.26% 1,796B
-3.00%+2.87%+39.38%+23.26% 378B
-2.32%+0.18%+69.61%+101.85% 307B
-0.45%+2.75%+30.58%+35.07% 245B
+0.88%+2.59%+53.50%+43.62% 206B
-1.80%+3.57%+52.86%+111.63% 175B
-3.23%+0.07%+38.90%+72.07% 122B
-0.24%+2.19%+50.76%+23.03% 99.25B
+1.47%+1.31%+83.49%+80.03% 80.51B
Average -0.52%+2.34%+46.82%+56.49% 342.58B
Weighted average by Cap. -0.46%+1.15%+27.09%+20.60%
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
19.75EUR
Average target price
22.22EUR
Spread / Average Target
+12.52%

Quarterly revenue - Rate of surprise

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