GALP ENERGIA-NOM Stock Impressive Rise On Monday, Outperforms Market

(VIANEWS) – The Market ended the session with GALP ENERGIA-NOM (GALP.LS) rising 18.14% to €18.95 on Monday, after two successive sessions in a row of losses. PSI rose 3.5% to €6,515.47, following the last session’s downward trend on what was a very bullish trend exchanging session today.

GALP ENERGIA-NOM’s last close was €16.04, 2.43% higher than its 52-week high of €15.66.

About GALP ENERGIA-NOM

Galp Energia, SGPS, S.A. operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, Namibia, and Angola. The Industrial & Midstream segment owns refineries in Portugal, as well as is involved in activities related to energy management of oil products, gas, and electricity. This segment provides storage and transportation infrastructure for oil and gas products, as well as engages in the sale of electricity to the grid in Portugal and Spain. The Commercial segment is involved in the areas of retail to final business-to-business and business to consumer customers of oil, gas, and electricity. The Renewables and New Business segment is involved in the development of solar and wind power generation projects in Portugal and Spain. In addition, it produces lithium-ion batteries, hydrogen, and biofuels; and operates service stations. Further, the company engages in the reinsurance business. The company was formerly known as Galp – Petróleos e Gás de Portugal, SGPS, S.A. and changed its name to Galp Energia, SGPS, S.A. in September 2000. Galp Energia, SGPS, S.A. was incorporated in 1999 and is headquartered in Lisbon, Portugal.

Earnings Per Share

As for profitability, GALP ENERGIA-NOM has a trailing twelve months EPS of €1.73.

PE Ratio

GALP ENERGIA-NOM has a trailing twelve months price to earnings ratio of 10.95. Meaning, the purchaser of the share is investing €10.95 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 27.78%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 23, 2023, the estimated forward annual dividend rate is 0.53 and the estimated forward annual dividend yield is 3.49%.

Yearly Top and Bottom Value

GALP ENERGIA-NOM’s stock is valued at €18.95 at 22:32 EST, way higher than its 52-week high of €15.66.

Volatility

GALP ENERGIA-NOM’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.25%, a positive 0.38%, and a positive 1.06%.

GALP ENERGIA-NOM’s highest amplitude of average volatility was 0.40% (last week), 0.97% (last month), and 1.06% (last quarter).

More news about GALP ENERGIA-NOM (GALP.LS).

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