Business Segments Galp Energia, SGPS, S.A.

Equities

GALP

PTGAL0AM0009

Integrated Oil & Gas

Real-time Euronext Lisbonne Other stock markets 16:06:12 12/03/2026 GMT			5-day change	1st Jan Change
20.44 ^EUR	+1.64%		+6.66%	+39.64%

03:57pm	Galp Energia: Target upgrade by 13.3%
02:37pm	Brent: War Premium Strikes Back

Sales 2024 by Business Segment

Sales 2024 by Geography

Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Breakdown by Business Segment (EUR)

Fiscal Period: December	2020	2021	2022	2023	2024
Oil and Gas Retail
Commercial	5.92B	7.92B	13.41B	10.3B	10.15B
Total Assets	2.33B	2.86B	2.92B	2.88B	3.18B
Income Tax Expense	9M	9M	-	45M	-
CAPEX	-95M	-88M	-113M	-125M	-102M
EBITDA	328M	288M	298M	290M	317M
D&A	94M	106M	217M	157M	148M
Operating Income	234M	179M	75M	132M	148M
Oil and Gas Refining and Marketing
Industrial & Midstream	4.45B	6.3B	11B	8.32B	9.32B
Total Assets	2.37B	3.63B	3.28B	3.57B	2.95B
Income Tax Expense	25M	21M	20M	21M	28M
CAPEX	-76M	-67M	-72M	-196M	-223M
EBITDA	65M	27M	451M	929M	897M
D&A	476M	242M	266M	154M	146M
Operating Income	-505M	-289M	66M	693M	749M
Refining and Distribution of Petroleum Products	-	-	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
Oil and Gas Production
Upstream	1.77B	3.06B	4.4B	3.72B	3.56B
Total Assets	6.55B	6.75B	7.82B	8.64B	9.08B
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	64M	-
CAPEX	-440M	-662M	-595M	-581M	-809M
EBITDA	1.18B	2.05B	3.08B	2.49B	2.45B
D&A	706M	596M	855M	532M	519M
Operating Income	468M	1.46B	2.23B	1.96B	1.94B
Net Income	-	-	-	-	-
Casualty Reinsurance Carriers
Other	205M	84M	236M	293M	258M
Total Assets	1.35B	2.15B	2.54B	2.74B	2.86B
Interest Expense	-	-	-	-	-
Income Tax Expense	10M	10M	14M	9M	37M
CAPEX	-19M	-21M	-39M	-41M	-34M
EBITDA	21M	-38M	-34M	-69M	-11M
D&A	13M	15M	24M	32M	38M
Operating Income	8M	-56M	-57M	-126M	-48M
Net Income	-	-	-	-	-
Alternative Energy Resources
Renewables and New Businesses	33M	50M	190M	161M	92M
Total Assets	420M	646M	2.14B	1.79B	1.71B
CAPEX	-6M	-46M	-260M	-147M	-199M
EBITDA	-9M	-13M	50M	131M	47M
D&A	-	1M	18M	113M	95M
Operating Income	-19M	-13M	32M	18M	-48M
Oil and Gas Distribution
Energy	-	-	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
Unallocated Other Operating Income	-	-	-	-	-
Income Tax Expense	373M	549M	1.43B	1.02B	1.11B
Consolidation Adjustments	-1B	-1.29B	-2.32B	-2.02B	-2.07B
Total Assets	-524M	-1.12B	-2.61B	-3.01B	-2.97B
Interest Expense	-	-	-	-	-
EBITDA	-	-	-	-	-
Operating Income	-	-	-	-	-

Geographical Revenue Distribution History

Geographical breakdown of sales (EUR)

Fiscal Period: December	2020	2021	2022	2023	2024
Europe	9.99B	14B	22.11B	17.44B	18.4B
Total Assets	1.77B	1.7B	2.55B	2.82B	3.03B
EBITDA	-	-	571M	-	-
Latin America	877M	1.72B	3.97B	2.57B	2.15B
Total Assets	3.02B	3.25B	3.3B	3.2B	3.48B
EBITDA	-	-	2.94B	-	-
Africa	517M	400M	757M	758M	764M
Total Assets	1.19B	1.34B	1.01B	960M	535M
EBITDA	-	-	342M	-	-
Unallocated Other Operating Income	-	-	-	-	-
Other European Countries	-	-	-	-	-
Total Assets	-	-	-	-	-
Portugal	-	-	-	-	-
Total Assets	-	-	-	-	-