Galp completed largest investment in electric mobility
Installed 96 ultra-fast chargers along 550 km, connecting Porto to Algarve.
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Portuguese integrated energy company
galp.comLast updated
In short: Galp reported a 41% profit surge in Q1 2026 and finalized a major electric vehicle charging corridor while expanding its renewable energy portfolio.
Installed 96 ultra-fast chargers along 550 km, connecting Porto to Algarve.
€6.1 million were invested in 96 ultra-fast charging points, distributed across 8 hubs along the A1 and A2 motorways, connecting Porto to the Algarve.
Proposals on the 2025 management report, application of results, appraisal of bodies, authorizations for own shares, capital reduction and statutory amendment were approved.
Agreements cover Berbigão and Sururu accumulations in Brazilian Santos Basin. Galp retains 6.450% in Berbigão and 9.497% in Sururu, effective May 2026. No financial adjustments expected.
Despite the downward revision of the target price, AlphaValue still sees a 15% upside potential in the shares of the Portuguese oil company.
The Lisbon stock market reversed its opening trend on Monday and was trading lower, in contrast to other European markets, with Galp falling 4.08% to...
The Lisbon stock exchange started the first session of the week in negative territory with eight listed companies in the red and eight in the green.
The national stock market closed in the red, in line with Europe, with Galp and BCP leading the losses.
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