Galp lifts earnings outlook on oil price, improved output

Galp lifts earnings outlook on oil price, improved output
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30.10.2018

MOSCOW (MRC) -- Portugal's Galp Energia raised its 2018 pre-tax earnings estimate to 2.3 billion euros (USD2.6 billion) from a previous forecast of 1.8-1.9 billion on Monday, as a jump in oil prices and stronger output boosted its third-quarter results, as per Hydrocarbonprocessing.Galp shares rose by more than 3 percent to 15.5 euros, outperforming the broader Lisbon, which was up by 1.3

Full article at mrcplast.com

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