Galp demonstrated a strong financial performance with significant upgrades in production and EBITDA guidance, successful LNG operations, and progress in strategic partnerships. However, challenges such as dollar depreciation and CapEx uncertainty were noted. Overall, the highlights significantly outweigh the lowlights.

Company Guidance -

Q3 2025

During Galp's second quarter 2025 results presentation, the company provided a robust financial and operational update, highlighting key metrics and guidance for the rest of the year. Galp reported strong upstream production of 113,000 barrels per day, leading to an upgraded full-year production guidance of 105,000 to 110,000 barrels per day. The company's group EBITDA guidance was revised upwards to exceed EUR 2.7 billion from the previous EUR 2.5 billion, driven by improved operating performance, while operating cash flow is now expected to surpass EUR 1.8 billion. In the midstream segment, Galp successfully lifted three LNG cargoes from Venture Global, contributing approximately 60% to the segment's performance improvements. Capital expenditure for 2025 has been revised to below EUR 1 billion, with expectations to be heavier in the second half, particularly due to investments in industrial low-carbon projects and renewables. Galp's leadership indicated a focus on securing a strong partnership for the Namibia asset, with nonbinding offers received from credible players, and a targeted timeline for concluding negotiations by year-end.

Strong Financial Performance

Galp upgraded its full-year production guidance to a range of 105,000 to 110,000 barrels per day and expects full-year group EBITDA to surpass EUR 2.7 billion, up from a previous EUR 2.5 billion. Operating cash flow is expected to be over EUR 1.8 billion.

Midstream Division Success

Galp received 3 LNG cargoes from Venture Global, contributing to a strong performance in the Midstream division. Overall, 10 cargoes are expected by year-end, representing 60% of volume increase in the division.

Namibia Partnership Progress

Galp received non-binding offers from credible players for its Namibia project. The partnership process is progressing as planned, aiming to conclude by year-end.

Upstream Production Growth

Upstream production stood at 113,000 barrels per day, with a robust performance and limited maintenance disruptions. The production benefited from high integrity levels and no significant unplanned events.

Galp Energia SGPS SA (GLPEY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GLPEY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 27, 2025	2025 (Q3)	- / -	0.197	―	―	―
Jul 21, 2025	2025 (Q2)	- / 0.24	0.256	-5.47% (-0.01)	―
Apr 28, 2025	2025 (Q1)	- / 0.26	0.265	-3.77% (-0.01)	―
Feb 17, 2025	2024 (Q4)	- / 0.02	0.234	-89.74% (-0.21)
Oct 28, 2024	2024 (Q3)	- / 0.20	0.209	-5.74% (-0.01)
Jul 22, 2024	2024 (Q2)	- / 0.26	0.168	52.38% (+0.09)
Apr 30, 2024	2024 (Q1)	- / 0.27	0.232	14.22% (+0.03)
Feb 12, 2024	2023 (Q4)	- / 0.23	0.285	-17.89% (-0.05)
Oct 30, 2023	2023 (Q3)	- / 0.21	0.189	10.58% (+0.02)
Jul 31, 2023	2023 (Q2)	- / 0.17	0.467	-63.17% (-0.30)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GLPEY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 21, 2025	$9.16	$9.36	+2.18%
Apr 28, 2025	$7.79	$7.56	-2.95%
Oct 28, 2024	$8.82	$8.38	-4.99%
Jul 22, 2024	$9.96	$10.20	+2.41%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Galp Energia (GLPEY) report earnings?

Galp Energia (GLPEY) is schdueled to report earning on Oct 27, 2025, Before Open (Confirmed).

What is Galp Energia (GLPEY) earnings time?

Galp Energia (GLPEY) earnings time is at Oct 27, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

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What is GLPEY EPS forecast?

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