Galp Energia, SGPS, S.A. (GLPEY) Q1 2026 Earnings Call April 27, 2026 6:00 AM EDT
Company Participants
Joao Pereira – Head of Investor Relations
Joao Diogo da Silva – Co-CEO, Executive VP of Commercial & Director
Maria Joao Carioca – Co-CEO, CFO & Vice-Chairman of the Board of Directors
Conference Call Participants
Matthew Smith – BofA Securities, Research Division
Alejandro Vigil – Banco Santander, S.A., Research Division
Biraj Borkhataria – RBC Capital Markets, Research Division
Joshua Eliot Stone – UBS Investment Bank, Research Division
Guilherme Levy – Morgan Stanley, Research Division
Sasikanth Chilukuru – Jefferies LLC, Research Division
Michele Della Vigna – Goldman Sachs Group, Inc., Research Division
Matthew Lofting – JPMorgan Chase & Co, Research Division
Paul Redman – BNP Paribas, Research Division
Presentation
Operator
Good morning, ladies and gentlemen. Welcome to Galp’s First Quarter 2026 Results Presentation. I will now pass the floor to Joao Goncalves Pereira, Head of Investor Relations.
Joao Pereira
Head of Investor Relations
Good morning, everyone, and welcome to Galp’s First Quarter 2026 Q&A session. I’m joined today by our Co-CEOs, Maria Joao Carioca and João Marques da Silva as well as the full executive team.
But before passing the mic for some quick opening remarks, let me start with our usual disclaimer. During today’s session, we will be making forward-looking statements that are based on our current estimates. Actual results could differ due to factors outlined in our cautionary statements within the published materials.
Having said this, Joao, would you like to say a few words?
Joao Diogo da Silva
Co-CEO, Executive VP of Commercial & Director
Of course. Thank you, Joao, and good morning, everyone. Galp had a strong start to 2026 in a quarter marked by higher volatility and geopolitical tensions in the Middle East. Galp has no direct exposure to the region. Our operations are mainly Atlantic-based. Still, we are closely monitoring developments, and the impact can be
