Galp Energia, SGPS, S.A.

Factors to consider:

• Company pays dividends (semi-annually): last record date 2025-08-15, amount 0.36$ (Y3.12%)
• Earnings for 3 months up through Q1 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 2025-12-31 to 2027-12-31

• 2025-12-31 to 2026-12-31 estimated range: [14.16$, 21.17$]
• 2026-12-31 to 2027-12-31 estimated range: [15.32$, 22.71$]

Financial Metrics affecting the GLPEF estimates:

• Positive: with PPE of 10.0 at the end of fiscal year the price was low
• Positive: Operating cash flow per share per price, % of 13.20 > 12.95
• Negative: 0.73 < Interest expense per share per price, % of 2.17
• Positive: 7.60 < Operating profit margin, % of 10.94
• Positive: 19.44 < Shareholder equity ratio, % of 28.83 <= 42.58
• Negative: 0 < Inventory ratio change, % of 0.44
• Negative: Investing cash flow per share per price, % of -1.18 <= -0.63
• Positive: Industry operating profit margin (median), % of 11.51 > 9.70