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Company Info
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State or country
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Portugal |
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Geographical Location
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EMEA |
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Assets
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$8,936 mil |
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Revenues
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$18,256 mil |
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Profits
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$1,129 mil |
Return on invested
capital (ROIC)
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26.42% |
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3 yr CGR % Revenues
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10.70% |
| Company data as of 10/1/2008 provided by Standard & Poor's Compustat |
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Company Snapshot
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Galp Energia, SGPS, S.A. operates as an integrated oil and natural gas company in Portugal.
It operates in three segments: Exploration and Production, Refining and Marketing, and Gas and Power.
The Exploration and Production segment engages in the exploration, appraisal, evaluation, development, and production of crude oil and natural gas.
This segment has interests in 54 blocks in Brazil, 6 blocks in Angola, and 3 blocks in Portugal; and has 50 million barrels of reserves.
The Refining and Marketing segment operates two refineries in Portugal, supplies crude oil and other raw materials, and refines and sells refined products, including liquefied natural gas.
This segment operates approximately 1,045 service stations and 204 convenience stores.
The Gas and Power segment engages in sourcing, commercialization, and distribution of natural gas and power generation principally in Portugal.
This segment operates 9,014 kilometers of natural gas distribution network.
In addition, the company has a partnership with The Buzi Company to produce vegetable oil ad bio-diesel from oil seeds.
It also operates in Spain, Cape Verde, Mozambique, Guinea-Bissau, Angola, and Brazil.
Galp Energia was founded in 1999.
It was formerly known as GALP -- Petroleos e Gas de Portugal SGPS, S.A. and changed its name to Galp Energia, SGPS, S.A. in 2000.
The company is headquartered in Lisbon, Portugal.
Data provided by
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| Manuel Ferreira De Oliveira |
| TITLES |
| Vice Chairman of the Board and Chief Executive Officer |
Data provided by
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