Replay available

Galp Energia SGPS SA (GLPEF) Q1 2026 Earnings Call

Galp Energia SGPS SA (OTC: GLPEF) Q1 2026 earnings conference call, held 2026-04-27. Replay captured from the company's public earnings webcast.

Mon, April 27, 2026 at 6:00 AMendedReplay
Galp Energia SGPS SA (GLPEF) Q1 2026 Earnings Call

Hosted by

Featured presenters

Satyakant Chalukuru

Analyst, Jefferies

Alejandro Virgil Garcia

Analyst, Santander

Matt Loftin

Analyst, J.P. Morgan

Paul Redman

Analyst, BNP Paribas

Maria João

Chief Financial Officer, GALP

João Gonçalves Pereira

Head of Investor Relations, GALP

João Marques da Silva

Co-CEO, GALP

Michele Della Vigna

Analyst, Goldman Sachs

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:01.027 -- 00:00:06.913 Good morning, ladies and gentlemen. Welcome to GALP's first quarter 2026 results presentation. 00:00:06.913 -- 00:00:12.597 I will now pass the floor to João Gonçalves Pereira, Head of Investor Relations. 00:00:12.739 -- 00:00:18.105 Good morning, everyone, and welcome to GALP's first quarter 2026 Q&A session. 00:00:18.105 -- 00:00:23.290 I'm joined today by our co-CEOs, Medeiros Van Carioca and João Marques da Silva, 00:00:23.290 -- 00:00:28.335 as well as the full executive team. But before passing the mic for some quick 00:00:28.335 -- 00:00:32.015 opening remarks, let me start with our usual disclaimer. 00:00:32.015 -- 00:00:36.261 During today's session, we'll be making four looking statements that are based on our 00:00:36.261 -- 00:00:41.147 current estimates. Actual results could differ due to factors outlined in our questionnaire 00:00:41.147 -- 00:00:43.830 statements within the published materials. 00:00:43.830 -- 00:00:48.295 Having said this, João, would you like to say a few words? 00:00:48.295 -- 00:00:52.200 Of course. Thank you, João, and good morning, everyone. 00:00:52.200 -- 00:00:55.111 GALP had a strong start to 2026. 00:00:55.111 -- 00:01:01.360 in a quarter marked by higher volatility and geopolitical tensions in the Middle East. 00:01:01.360 -- 00:01:03.984 GATT has no direct exposure to the region. 00:01:03.984 -- 00:01:07.188 Our operations are mainly Atlantic-based. 00:01:07.188 -- 00:01:13.197 Still, we are closely monitoring developments and the impact can be felt globally. 00:01:13.197 -- 00:01:18.965 Due to disruptions across parts of the value chain, our midstream team has actively 00:01:18.965 -- 00:01:23.512 managed crude and refined product supply. Well done. 00:01:23.512 -- 00:01:29.221 This all...