Portuguese oil and gas company Galp Energia on Monday reported a record adjusted net profit for 2022, due to soaring oil prices and wider refining margins in the fourth quarter.
on Monday reported a record adjusted net profit for 2022, due to soaring oil prices and wider refining margins in the fourth quarter.
Galp said its adjusted profit almost doubled to 881 million euros , surpassing the previous record of 707 million euros set in 2018. Its fourth-quarter bottom line more than doubled to 273 million euros, compared with 130 million euros a year earlier.The adjustments reflect changes in the company's crude stocks.
Galp's main activity is upstream in the rich 'off shore' of Brazil and the company also runs renewable energy plants. Adjusted earnings before interest, taxes, depreciation and amortisation rose 48% to 951 million euros in the fourth quarter, in line with the average forecast. Adjusted EBITDA for the full year rose 66% to 3.85 billion euros.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Map: Here's where home prices are dropping the mostApproximately 14 of the 50 largest markets are already showing signs of a sharp cooldown with home prices falling by an average 6% or more from their 2022 peaks on a seasonally-adjusted basis, a report found. Here's more.
Weiterlesen »
Jada Pinkett Smith Reveals Lessons Of Alopecia At Centre Of Oscars 2022 Slap ScandalJada Pinkett Smith has addressed the issue at the heart of the Slap – the sound that echoed around the world almost a year ago at the 2022 Oscars, when her husband Will Smith took to the stag…
Weiterlesen »
New car sales in California down for 2022 but electric vehicles sales move into overdriveVehicle registrations off 10.2% but EVs and hybrids made up almost one-third of new sales last year
Weiterlesen »
Here's How Much Money Americans Saved at Every Age in 2022Americans saved an average of $5,011, with millennials reporting the highest overall savings of $6,043.
Weiterlesen »
IRS decides it won't tax most relief checks issued by states in 2022The 11th-hour guidance comes a week after the IRS told recipients to delay filing their tax returns.
Weiterlesen »
Will Republicans fumble the 2023 Super Bowl like they did in 2022?One thing to watch for during the Super Bowl on Sunday: Will Republicans double down on their hypocrisy about wanting to keep sports and politics separate? (via thereidout Blog)
Weiterlesen »