Your day-to-day week: PSI results and national debt issuance – Markets

Your day-to-day week: PSI results and national debt issuance – Markets
Galp pumps will have “cabinets” to charge batteries – Energy

Galp pumps will have “cabinets” to charge batteries – Energy
Tax authorities risk returning millions of road fees to gas stations and drivers

Tax authorities risk returning millions of road fees to gas stations and drivers
Iberdrola announces 15% reduction in electricity bills in 2023 – Energy

After the proposals for electricity prices by Galp, Endesa, Goldenergy (which promise to maintain or lower prices) and by EDP Comercial and ERSE for the regulated market in 2023 (which will increase customer bills) have already been known, this Friday at the fair, it was the turn of the Spanish company Iberdrola to announce that […]
Galp’s profit hits 608 million in the first nine months of the year – Empresas

Galp registered adjusted profits of 608 million euros in the first nine months of the year, a jump of 86% compared to the 327 million obtained in the same period of 2021, the company said in a report sent this Monday to the Securities Market Commission ( CMVM).Even so, looking only at the third quarter […]
Only 31,800 consumers were able to switch to the regulated gas market. Change remains an adventure
Earlier this month CNN Portugal tried to move the gas contract to the regulated market. Three weeks later, we did it again. Difficulties continue, but there are already alternatives Moving the natural gas contract to the regulated market remains a complicated process. Perhaps that is why, 22 days after the decree-law that allows this change […]
“Unfortunately we make very little money in Portugal”. The three myths about Galp according to its CEO (who also argues that taxes here are already too high)
In his speech at the CNN Portugal Summit, Andy Brown insisted on dismantling the myth that Galp profits from Portuguese consumers and warned that prices in the regulated gas market could also rise The executive chairman of Galp Energia, Andy Brown, rejects the accusation that the company is making money from Portuguese consumers because of […]
Société Générale revises Galp’s target price high and points to a 42% gain on the stock market – Research

Société Générale is more optimistic about Galp Energia’s performance on the stock market. The bank’s analysts raised the target price for the oil company’s shares, from 13.50 euros to 14.30 euros, thus pointing to a potential appreciation on the stock market of 42.57%, compared to the last closing price. Premium Business Subscribe […]
Galp’s profits rise 153% to 420 million | Companies

Oil company Galp recorded a profit of 420 million euros in the first half of the year, an improvement of 153% compared to the first six months of last year, when it had a result of 166 million, the company announced this Monday. In a statement sent to the Securities Market Commission (CMVM), Galp indicates […]
Navigator and Galp on the radar and 3 other things you need to know to start your day – Markets

The financial rating agency Fitch has scheduled for this Friday a possible rating action for Ukraine, Hungary, Poland and Ireland. DBRS will be able to comment on the European FEEF and MEE mechanisms, while Moody’s can do the same in relation to Bosnia and S&P in relation to Azerbaijan.