Galp Energia, SGPS, S.A.

Factors to consider:

• Company pays dividends (semi-annually): last record date 2025-08-15, amount 0.36$ (Y4.34%)
• Earnings for 9 months up through Q3 exceed our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

• 2024-12-31 to 2025-12-31 estimated range: [12.74$, 19.20$]
• 2025-12-31 to 2026-12-31 estimated range: [12.29$, 18.72$]

Financial Metrics affecting the GLPEF estimates:

• Positive: with PPE of 13.3 at the end of fiscal year the price was very low
• Positive: 7.86 < Operating profit margin, % of 11.97
• Positive: Operating cash flow per share per price, % of 20.23 > 13.24
• Negative: 0.79 < Interest expense per share per price, % of 2.04
• Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 5.82
• Negative: Investing cash flow per share per price, % of -8.40 <= -4.48
• Positive: Industry operating cash flow per share per price (median), % of 13.17 > 10.33
• Negative: Industry earnings per price (median), % of 2.14 <= 4.43
• Negative: -0.15 < Industry inventory ratio change (median), % of 0