GLPEY News and Press, Galp Energia SGPS SA ADR From 08/27/19

Introduction Third time is a charm. After looking at Swedish Steel ( OTC:SSAAF ) and Kemira ( OTC:KMRAF ) in the previous editions of Focus on Europe, we are making one final step in Scandinavia for this month. Lundin Petroleum ( OTCPK:LNDNF ) ( OTCPK:LNDNY ) ( OTCPK:LUPEY )...

Europe: The Week Ahead (July 8-12) Portugal is set to unveil updates on its rate of inflation and trade balance in the week ahead as fears flare over the U.S.’s proposal to impose additional tariffs on imported European Union goods. Portuguese economic data is mainly scheduled ...

Introduction Last week, we discussed Galp Energia ( OTC:GLPEF ) ( OTCPK:GLPEY ) in the previous edition of Focus on Europe as the vertically integrated oil and gas producer based in Portugal reported on its Q1 results. We are staying on the Iberian peninsula for this week’s ve...

Introduction In this week's edition of Focus on Europe, we are zooming in on Galp Energia ( GLPEF ) ( GLPEY ) , a Portuguese vertically integrated oil and gas producer (and refiner). The oil price moved up in the first quarter of the year after an abysmal Q4, and as Galp continues to exp...

I would be glad to say that Austrian integrated energy company OMV AG (OMVJF) (OMVKY), which I have already covered a few times, started the year on an up note. Unfortunately, it was not so. Unfavorable market environment suppressed its refining margins (despite phenomenal 98% refineries uti...

Introduction Last year, I argued Galp Energia ( GLPEF ) ( GLPEY ) was in an excellent position to do very well in the next few years as the company is combining low-cost oil production with a healthy balance sheet , self-funded production growth and a reliable downstream segment. The sh...

On February 28, Spanish integrated oil and gas company Repsol ( REPYY , REPYF ) presented its FY 2018 results. The constituent of the IBEX 35, the Spanish stock market benchmark, reported the highest IFRS net income in 8 years, €2,341 million. This respectable result was achieved ma...

Portuguese Galp Energia ( GLPEY , GLPEF ) presented its FY18 earnings on February 11, 2019. The energy giant, the essential constituent of MSCI Portugal Index has tackled the Q4 headwinds and increased net WI (working interest) production to the highest level in a decade, 113.1 kboepd, gr...