Joao Goncalves Pereira
Head of Investor Relations
Replay available
Galp Energia SGPS SA (GLPEF) Q2 2026 Earnings Call
Galp Energia SGPS SA (OTC: GLPEF) Q2 2026 earnings conference call, held 2026-07-27. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Maria Joao Carioca
Co-CEO
João Marques da Silva
Co-CEO
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Galp Energia, Sgps S.a. Class B.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:06.076 Good morning, ladies and gentlemen. Welcome to GALP's second quarter 2026 results presentation. 00:00:06.076 -- 00:00:11.599 I will now pass the floor to Joao Goncalves Pereira, Head of Investor Relations. 00:00:12.081 -- 00:00:17.245 Good morning, everyone, and welcome to GALP's second quarter 2026 Q&A session. 00:00:17.245 -- 00:00:22.489 I'm joined today by our co-CEOs, Maria Joao Carioca and João Marques da Silva, 00:00:22.489 -- 00:00:27.293 as well as the full executive team. But before passing the mic for some quick opening 00:00:27.293 -- 00:00:30.584 remarks, let me start with our usual disclaimer. 00:00:30.584 -- 00:00:34.725 During today's session, we will be making forward-looking statements that are based on 00:00:34.725 -- 00:00:40.087 our current estimates. Actual results could differ due to factors outlined in our cautionary 00:00:40.087 -- 00:00:43.068 statements within the published materials. 00:00:43.068 -- 00:00:47.429 With this, Maria Joao, would you like to say a few words? 00:00:47.490 -- 00:00:50.791 Thank you, Joao, and good morning, everyone. 00:00:50.791 -- 00:00:55.912 During the second quarter, GAL continued to operate in what we know was a very highly 00:00:55.912 -- 00:01:01.040 volatile market environment. It is therefore rather reassuring to have a high quality 00:01:01.040 -- 00:01:06.525 asset base that allows us to capture market tailwinds, sustain our financial performance, 00:01:06.525 -- 00:01:12.389 and maintain net debt rather stable despite relevant cash outflows during the quarter. 00:01:12.389 -- 00:01:17.453 Acknowledging this continued market uncertainty, but also the strong 00:01:17.453 -- 00:01:22.692 operating performance in the first half of the year, we are updating our full yield...