Galp’s oil production increased by 2% year-on-year in the third quarter to 115,000 barrels of oil equivalent per day, marking a 1% rise compared to the previous quarter, according to information submitted to the Portuguese Securities Market Commission (CMVM). The company’s margin grew by 54% from the previous quarter.
During the same period, Galp processed 22.7 million barrels of raw material, showing a 1% increase compared to the same period in 2024 and a 7% rise from the previous quarter.
The company also reported a 7% year-on-year increase in petroleum product sales, totaling two megatonnes, while natural gas sales dropped by 10% to 3.6 terawatt-hours (TWh).
Electricity sales, on the other hand, rose by 11% year-on-year to 1.8 TWh.
Renewable energy generation fell by 14% compared to the same period last year, amounting to 732 gigawatt-hours (GWh), yet this figure represents a 10% increase from the previous quarter.
Galp is set to release its third-quarter 2025 results report on October 27, ahead of the stock market opening.
Today, the group closed with a 0.22% decrease on the Lisbon stock exchange, settling at 16.14 euros.
