Galp Energia: Market Disappointment, Interesting Long-Term Opportunity
Source: SeekingAlpha
2026-01-01 10:45:00 ET
Introduction
I think the expectations for a Galp Energia ( GLPEF ) ( GLPEY ) and TotalEnergies ( TTE ) deal were set too high , and the knee-jerk reaction we saw in Galp’s share price (a 20% drop) is an overreaction. I immediately initiated a long position in the ESCI portfolio, and I may add on additional weakness and/or write put options. ...
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Galp Energia: Market Disappointment, Interesting Long-Term Opportunity
Galp Energia SGPS SA ADR
NASDAQ: GLPEY
GLPEY Trading
4.32% G/L:
$11.47 Last:
21,653 Volume:
$11.18 Open:
