reports
- Marc Pierron
Galp Energia - Short-term Rating Report
Our rating is supported by Galp’s scale of operations as an integrated oil & gas company with strong market share in downstream activity in Portugal as well as a presence in Spain. The refining & mar-keting (R&M) segment generates strong free cashflow, alongside the gas & power (G&P) segment. Explora-tion & production (E&P) is using cashflow for the development of oil production in Brazil. The impact of the low oil prices environment has been mitigated by a rebound of refining margins in Europe ...
- Marc Pierron
Galp Energia - Rating Report
Our rating is supported by Galp’s scale of operations as an integrated oil & gas company with strong market share in downstream activity in Portugal as well as a presence in Spain. The refining & mar-keting (R&M) segment generates strong free cashflow, alongside the gas & power (G&P) segment. Explora-tion & production (E&P) is using cashflow for the development of oil production in Brazil. The impact of the low oil prices environment has been mitigated by a rebound of refining margins in Europe ...
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