Galp Energia — An Interesting High-Yield Energy Play

Cheap, profitable, small-cap energy stocks.

That’s what we’re looking at today.

Galp Energia ($GLPEY) is a Portuguese energy firm. The company drills for oil in Brazil and Mozambique, giving their business a low production cost per barrel.

And Galp also owns an oil refinery in Portugal, as well as solar farms there.

Today’s article digs deeper into this business, and why it might be an interesting dividend investment.

What Makes Galp Energia Special?

Latin American oil stocks are a trendy investment sector.

Earlier in the year, investors clamored for beaten-down shares of Colombia’s Ecopetrol and its 20%+ starting dividend. And Brazil’s Petrobras is a perpetual favorite among value investors on Seeking Alpha.

Even Argentinian energy conglomerate YPF has seen its share surge 43.93% since the election of Javier Milei.

Galp Energia is different from these other firms, because Galp is a European company that operates in Latin America. In my opinion, this offers more financial stability than most Latin American energy producers.

Galp conducts its business in Euros, a currency that doesn’t have the wild price…