Galp Energia, SGPS, S.A. (GALP.LS)

16.04 -0.05 (-0.31%) At close: 04:35PM WEST

Galp Energia, SGPS, S.A.

Avenida da Índia, 8
Lisbon 1349-065
Portugal
351 21 724 2500
https://www.galp.com

Sector(s): Energy
Industry: Oil & Gas Integrated
Full-time employees: 7,054

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Filipe Crisóstomo Silva	CEO & Vice Chairman of the Board of Directors	682.5k	N/A	1964
Mr. Georgios Papadimitriou	COO of Renewables & New Business and Director	649.79k	N/A	1972
Ms. Maria Joao Carioca	CFO & Member of the Board of Director	N/A	N/A	N/A
Catia Cardoso	Accountant	N/A	N/A	N/A
Mr. Otelo Ruivo	Head of Investor Relations	N/A	N/A	N/A
Mr. Tiago Villas-Boas	Chief Financial Officer of Exploration & Production Business Segment	N/A	N/A	N/A
Laura Santos	Head of Internal Audit	N/A	N/A	N/A
Lee Hodder	Chief Sustainability Officer & VP of Strategy	N/A	N/A	N/A
Mr. Nuno Moraes Bastos	Company Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Galp Energia, SGPS, S.A. operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, Namibia, and Angola. The Industrial & Midstream segment owns refineries in Portugal, as well as is involved in activities related to energy management of oil products, gas, and electricity. This segment provides storage and transportation infrastructure for oil and gas products, as well as engages in the sale of electricity to the grid in Portugal and Spain. The Commercial segment is involved in the areas of retail to final business-to-business and business to consumer customers of oil, gas, and electricity. The Renewables and New Business segment is involved in the development of solar and wind power generation projects in Portugal and Spain. In addition, it produces lithium-ion batteries, hydrogen, and biofuels; and operates service stations. Further, the company engages in the reinsurance business. The company was formerly known as Galp – Petróleos e Gás de Portugal, SGPS, S.A. and changed its name to Galp Energia, SGPS, S.A. in September 2000. Galp Energia, SGPS, S.A. was incorporated in 1999 and is headquartered in Lisbon, Portugal.

Corporate governance

Galp Energia, SGPS, S.A.’s ISS governance QualityScore as of 1 April 2024 is 6. The pillar scores are Audit: 8; Board: 9; Shareholder rights: 5; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.