Galp Energia SGPS SA - Company Profile

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Galp Energia SGPS SA: Segment Analysis

Business Description

Galp Energia SGPS SA (Galp Energia), an integrated energy company. It carries out exploration, development and production of hydrocarbons, refines and markets crude oil products, distributes natural gas, generates and markets electricity.

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Business Segments

Overview

- Includes retail, business-to-business (B2B) business to-customers (B2C) of oil, gas convenience and electricity. - In FY2022, the segment's capital expenditure stood at EUR113 million, which decreased 22.8% YoY.

Performance

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Overview

-Its Industrial segment includes Logistics, Refining, Biofuel and Cogeneration businesses and Midstream includes the supply & trading activities of oil, gas and electricity. - Owns Sines refinery in Portugal - Operates maritime terminals and storage facilities for oil and gas products; and sale of electricity to the grid. - In FY2022, the segment's capital expenditure stood at EUR72 million, which increased 7.5% YoY.

Performance

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Overview

- Represents the company's presence in renewable energies and new business industries. - In FY2022, the segment's capital expenditure stood at EUR402 million, which increased 183.1%.

Performance

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Overview

-Includes management of activities related to the exploration, development and production of hydrocarbons. - Upstream assets in Brazil, Angola, Namibia, Sao Tome and Principe, Mozambique and Uruguay. - Major discoveries, Lula and Iracema oil fields in the Santos basin in Brazil, and Area 4 in Rovuma basin in Mozambique. - In FY2022, the segment's capital expenditure stood at EUR640 million, which increased 3.9% YoY.

Performance

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Overview

The others segment includes reinsurance and shared services businesses.

Performance

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Geographical Segments

Performance

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Performance

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Performance

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