Streetbeat News

GLPEY

Galp Energia Sgps

https://www.galp.com/

CEO

Carlos Gomes da Silva

Industry

Petroleum Refineries

Open

8.49

Mkt cap

13B

Volume

11K

High

8.52

P/E Ratio

9.26

52-wk high

11.05

Low

8.43

Div yield

0.04

52-wk low

7.07

On CNBC's 'Final Trades,' experts discussed various stocks. iShares U.S. Financials ETF was highlighted by Shannon Saccocia. Exxon Mobil withdrew from a potential acquisition in Namibia. Alphabet faces scrutiny from the UK's CMA over ad tech practices. Palantir Technologies was added to the S&P 500, boosting its stock price.

Portfolio Pulse from Avi Kapoor

September 10, 2024 | 10:33 am

Exxon Mobil Corporation (NYSE:XOM) has decided not to pursue a $10 billion oil field opportunity in Namibia, leading to a premarket share increase. The Mopane discovery, with an estimated 10 billion barrels of oil and gas, still attracts interest from other major oil companies. Meanwhile, Exxon has partnered with ADNOC for a low-carbon project in Texas.

Portfolio Pulse from Lekha Gupta

September 09, 2024 | 12:41 pm

Over 12 oil companies, including ExxonMobil, Shell, and Brazil's Petrobras, have shown interest in acquiring a 40% stake in Galp Energia's major offshore Namibia oil discovery. The discovery is estimated to hold 10 billion barrels of oil and gas, valued at over $10 billion.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 1:20 pm

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