Galp Energia SGPS Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Filipe Silva

Chief executive officer

€682.5k

Total compensation

CEO salary percentage	61.5%
CEO tenure	1.3yrs
CEO ownership	n/a
Management average tenure	2.3yrs
Board average tenure	8.3yrs

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has Filipe Silva's remuneration changed compared to Galp Energia SGPS's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	€1b
Sep 30 2023	n/a	n/a	€1b
Jun 30 2023	n/a	n/a	€1b
Mar 31 2023	n/a	n/a	€2b
Dec 31 2022	€683k	€420k	€1b
Sep 30 2022	n/a	n/a	€1b
Jun 30 2022	n/a	n/a	€485m
Mar 31 2022	n/a	n/a	-€171m
Dec 31 2021	€609k	€420k	€4m
Sep 30 2021	n/a	n/a	-€137m
Jun 30 2021	n/a	n/a	€91m
Mar 31 2021	n/a	n/a	-€133m
Dec 31 2020	€733k	€420k	-€551m
Sep 30 2020	n/a	n/a	-€410m
Jun 30 2020	n/a	n/a	-€244m
Mar 31 2020	n/a	n/a	€140m
Dec 31 2019	€700k	€420k	€389m
Sep 30 2019	n/a	n/a	€327m
Jun 30 2019	n/a	n/a	€502m
Mar 31 2019	n/a	n/a	€603m
Dec 31 2018	€705k	€420k	€741m
Sep 30 2018	n/a	n/a	€926m
Jun 30 2018	n/a	n/a	€844m
Mar 31 2018	n/a	n/a	€614m
Dec 31 2017	€697k	€420k	€597m

Compensation vs Market: Filipe's total compensation ($USD731.75K) is below average for companies of similar size in the UK market ($USD5.62M).

Compensation vs Earnings: Filipe's compensation has been consistent with company performance over the past year.

CEO

Filipe Silva (59 yo)

1.3yrs

Tenure

€682,500

Compensation

Mr. Filipe Crisóstomo Silva was Chief Financial Officer of Galp Energia SGPS SA since July 2012 until May, 2023 and serves as its Vice-chairman of the Board of Directors and Chief Executive Officer since 1...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Filipe Silva	CEO & Vice Chairman of the Board of Directors	1.3yrs	€682.50k	no data
Georgios Papadimitriou	COO of Renewables & New Business and Director	2.3yrs	€649.79k	no data
Maria Joao Carioca	CFO & Member of the Board of Director	less than a year	no data	no data
Catia Cardoso	Accountant	no data	no data	no data
Otelo Ruivo	Head of Investor Relations	no data	no data	no data
Tiago Villas-Boas	Chief Financial Officer of Exploration & Production Business Segment	9.9yrs	no data	no data
Laura Santos	Head of Internal Audit	no data	no data	no data
Lee Hodder	Chief Sustainability Officer & VP of Strategy	no data	no data	no data
Nuno Bastos	Company Secretary	3.3yrs	no data	no data

2.3yrs

Average Tenure

Experienced Management: 0B67's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Filipe Silva	CEO & Vice Chairman of the Board of Directors	11.8yrs	€682.50k	no data
Georgios Papadimitriou	COO of Renewables & New Business and Director	2.3yrs	€649.79k	no data
Maria Joao Carioca	CFO & Member of the Board of Director	less than a year	no data	no data
Diogo Mendonça Tavares	Non-Executive Director	18.2yrs	€84.00k	no data
Rui Paulo da Costa Cunha e da Costa Cunha e Silva Gonçalves	Non-Executive Director	15.9yrs	€84.00k	no data
Francisco Vahia De Castro Rêgo	Non-Executive Director	9yrs	€42.00k	no data
Paula Fernanda Amorim	Chairman of the Board	12yrs	no data	no data
Jorge Manuel de Freitas	Non-Executive Director	11.4yrs	€84.00k	no data
Marta Cláudia Ramos Amorim De Oliveira	Non-Executive Director	7.5yrs	€42.00k	no data
Carlos Pinto	Non Executive Director	5yrs	€84.00k	no data
Adolfo Nunes	Vice-Chair & Lead Independent Director	5yrs	€84.00k	no data
Jose Alves	Chairman of the Audit Board	5yrs	no data	no data

8.3yrs

Average Tenure

52yo

Average Age

Experienced Board: 0B67's board of directors are considered experienced (8.3 years average tenure).

Galp Energia SGPS Management

Management criteria checks 4/4

Key information

Recent management updates

Recent updates

Galp Reportedly Seeks to Sell Stake in Namibia Oilfield After Discovery

Investor sentiment improves as stock rises 19%

Full year 2023 earnings released: EPS: €1.56 (vs €1.81 in FY 2022)

Now 20% undervalued

Galp Energia, SGPS, S.A. (ENXTLS:GALP) announces an Equity Buyback for €350 million worth of its shares.

Full year 2023 earnings released

Galp Energia, SGPS, S.A. to Report Q4, 2023 Results on Feb 12, 2024

Now 24% undervalued

Third quarter 2023 earnings released

Second quarter 2023 earnings released

Now 20% undervalued after recent price drop

Now 22% undervalued after recent price drop

Now 20% undervalued after recent price drop

First quarter 2023 earnings released

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Galp Energia Plans to Sell 10% Stake in Mozambique Gas Project

Sociedade Petrolifera Angolana, S.A. entered into an agreement to acquire Upstream Assets in Angola from Galp Energia, SGPS, S.A. (ENXTLS:GALP) for $830 million

Full year 2022 earnings released: EPS: €1.80 (vs €0.005 in FY 2021)

Sociedade Petrolifera Angolana, S.A. entered into an agreement to acquire Upstream Assets in Angola from Galp Energia, SGPS, S.A. (ENXTLS:GALP) for $830 million

Galp Energia, SGPS, S.A. to Report Q4, 2022 Results on Feb 13, 2023

Now 20% undervalued

Galp Energia, SGPS, S.A. to Report Fiscal Year 2022 Final Results on Apr 03, 2023

Woodside Reportedly Weighs Up Options for Scarborough

Woodside Reportedly Weighs Up Options for Scarborough

Third quarter 2022 earnings released

Second quarter 2022 earnings released: EPS: €0.88 (vs €0.086 in 2Q 2021)

Galp Energia, SGPS, S.A. (ENXTLS:GALP) acquired remaining 24.99% stake in Titan 2020 S.A. from Cobra Instalaciones y Servicios, S.A. for €140 million.

First quarter 2022 earnings released: €0.017 loss per share (vs €0.19 profit in 1Q 2021)

Full year 2021 earnings released: EPS: €0.005 (vs €0.66 loss in FY 2020)

Now 22% undervalued

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Now 21% undervalued

Third quarter 2021 earnings released

Upcoming dividend of €0.25 per share

Second quarter 2021 earnings released

First quarter 2021 earnings released: EPS €0.19 (vs €0.31 loss in 1Q 2020)

Full year 2020 earnings released: €0.66 loss per share (vs €0.47 profit in FY 2019)

New 90-day high: €9.64

Full year 2020 earnings released: €0.66 loss per share (vs €0.47 profit in FY 2019)

Revenue beats expectations

Galp Energia, SGPS, S.A. to Report Q2, 2021 Results on Jul 26, 2021

Galp Energia, SGPS, S.A. (ENXTLS:GALP) signed a heads of agreement to acquire 10% stake in Slipstream Resources Portugal Unipessoal, Lda from Savannah Resources Plc (AIM:SAV) for $6.4 million.

Third-quarter earnings released: Revenue beats expectations

Third quarter earnings released

New 90-day low: €7.46

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations

New 90-day low: €8.72

Galp Energia, SGPS, S.A. (ENXTLS:GALP) signed an amended agreement to acquire 75.01% interest in 2.9 GW of Solar PV Projects in Spain from ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS) for approximately €350 million.

New 90-day low - €8.87

New 90-day low - €9.47

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age