Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Lisbonne  >  Galp Energia    GALP   PTGAL0AM0009

GALP ENERGIA

(GALP)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Galp Energia Meets Guidance Despite 4Q Net Profit Decline

share with twitter share with LinkedIn share with facebook
share via e-mail
1
02/11/2019 | 02:21am EDT

By Cristina Roca

Galp Energia SGPS SA (GALP.LB) said Monday that its net profit fell in the fourth quarter but rose for the full year, and issued guidance for 2019.

Net profit was 44 million euros ($49.8 million) in the October-December period compared with EUR229 million a year earlier, the Portuguese oil-and-gas producer said.

Sales for the quarter edged up to EUR4.05 billion from EUR3.52 billion, the company said.

Galp's net profit for the year rose to EUR741 million from EUR597 million the year before, while sales for 2018 totaled EUR16.54 billion.

Analysts had expected net profit of EUR725 million on sales of EUR17.21 billion, according to a FactSet-compiled consensus.

Earnings before interest, taxes, depreciation and amortization for 2018 were EUR2.31 billion, in line with a recently raised target of EUR2.3 billion.

Galp said it expects 2019 Ebitda of between EUR2.1 billion and EUR2.2 billion, and organic capex of around EUR1 billion per year. Galp expects its Ebitda to be above the EUR3 billion mark from 2020 onwards, it said.

The energy company proposed a dividend of EUR0.63 per share for 2018, up from EUR0.55 a share last year.

Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca

Stocks mentioned in the article
ChangeLast1st jan.
GALP ENERGIA -0.30% 14.98 Delayed Quote.8.95%
WTI 0.76% 66.17 Delayed Quote.44.85%
share with twitter share with LinkedIn share with facebook
share via e-mail
1
Latest news on GALP ENERGIA
04/24GALP ENERGIA SGPS SA : quaterly earnings release
04/15GLOBAL MARKETS LIVE : American Airlines, AB Inbev, Daimler, Netflix…
04/10GALP ENERGIA SGPS SA : quaterly sales release
02/11Galp Energia Meets Guidance Despite 4Q Net Profit Decline
DJ
02/06GALP ENERGIA SGPS SA : annual earnings release
02/01Shell Says Production Begins at Brazil's Lula North Deep-Water Project
DJ
01/28GLOBAL MARKETS LIVE : Nissan, Tesco, Kering, Vale…
01/23GALP ENERGIA SGPS SA : annual sales release
2018GALP ENERGIA : Lifts 2018 Ebitda Guidance After Posting 3Q Profit Rise
DJ
2018Shell Says New Deep-Water Production Underway in Brazil
DJ
More news
Financials (€)
Sales 2019 17 758 M
EBIT 2019 1 622 M
Net income 2019 764 M
Debt 2019 1 661 M
Yield 2019 4,31%
P/E ratio 2019 16,84
P/E ratio 2020 13,86
EV / Sales 2019 0,74x
EV / Sales 2020 0,69x
Capitalization 11 541 M
Chart GALP ENERGIA
Duration : Period :
Galp Energia Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GALP ENERGIA
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 16,6 €
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Carlos Nuno Gomes da Silva Vice Chairman & Chief Executive Officer
Paula Fernanda Ramos Amorim Chairman
Carlos Manuel Costa Pina Co-Chief Operating Officer & Executive Director
José Carlos da Silva Costa Co-Chief Operating Officer & Executive Director
Thore E. Kristiansen Co-Chief Operating Officer & Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
GALP ENERGIA8.95%12 873
EXXON MOBIL CORPORATION19.90%352 956
BP PLC14.97%153 854
RELIANCE INDUSTRIES21.64%123 737
CHINA PETROLEUM & CHEMICAL CORP16.44%103 362
SUNCOR ENERGY INC.20.46%54 111