João Gonçalves Pereira
Head of Investor Relations
Replay available
Galp Energia SGPS SA (GLPEF) Q3 2025 Earnings Call
Galp Energia SGPS SA (OTC: GLPEF) Q3 2025 earnings conference call, held 2025-10-27. Replay captured from the company's public earnings webcast.
Hosted by
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João Marques da Silva
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Maria João Carioca
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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 -- 00:00:06.198 Good morning, ladies and gentlemen. Welcome to Galp's third quarter 2025 results presentation. 00:00:06.198 -- 00:00:12.142 I will now pass the floor to João Gonçalves Pereira, Head of Investor Relations. 00:00:12.445 -- 00:00:17.671 Good morning, everyone, and welcome to Galp's third quarter of 2025 Q&A session. 00:00:17.671 -- 00:00:22.236 In the room with me, I have both our co-CEOs, Maria João Carioca and João Marques da 00:00:22.236 -- 00:00:25.090 Silva, as well as the full executive team. 00:00:25.090 -- 00:00:29.935 But before passing the mic for some quick opening remarks, let me start by our usual 00:00:29.935 -- 00:00:34.359 disclaimer. During today's session, we'll be making forward-looking statements that are 00:00:34.359 -- 00:00:39.364 based on our current estimates. Actual results could be further to factors outlined 00:00:39.364 -- 00:00:43.028 in our questionnaire statements within the published materials. 00:00:43.028 -- 00:00:47.090 With this, João, would you like to say a few words? 00:00:47.532 -- 00:00:50.335 Thank you, João. And good morning, everyone. 00:00:50.335 -- 00:00:54.658 We have a couple of João's around here. Well, the third quarter was a strong one for 00:00:54.658 -- 00:01:00.084 GALP. Solid operating performance, according to businesses, testifies 00:01:00.084 -- 00:01:03.849 our strong operating momentum. 00:01:03.849 -- 00:01:09.215 In Brazil, upstream production continued elevated with 115,000 barrels 00:01:09.215 -- 00:01:14.982 per day, driven by high availabilities of the fleet during the quarter. 00:01:14.982 -- 00:01:20.128 This gives us confidence on ending the year close to the upper end of our 105 00:01:20.128 -- 00:01:22.482 to 110 guide. 00:01:22.482 -- 00:01:27.508 On top of that,...