Is Galp Energia (GLPEY) Stock Outpacing Its Oils-Energy Peers This Year?

Company Performance - Galp Energia SGPS SA (GLPEY) has returned 14.1% year-to-date, outperforming the average gain of about 3% in the Oils-Energy group [4] - The Zacks Consensus Estimate for GLPEY's full-year earnings has increased by 10.9% over the past quarter, indicating improved analyst sentiment and a more positive earnings outlook [3] Industry Comparison - Galp Energia SGPS SA belongs to the Oil and Gas - Refining and Marketing industry, which includes 13 companies and currently ranks 100 in the Zacks Industry Rank. This industry has gained an average of 10.4% so far this year, showing that GLPEY is performing better than its peers in this specific area [5] - In contrast, Talen Energy Corporation, another outperforming stock in the Oils-Energy sector, belongs to the Alternative Energy - Other industry, which has moved up by 35.3% this year but ranks 147 overall [6] Sector Ranking - The Oils-Energy group, which includes Galp Energia SGPS SA, is currently ranked 16 within the Zacks Sector Rank, which evaluates 16 different sector groups [2] - The Zacks Rank system, which emphasizes earnings estimates and revisions, currently gives Galp Energia SGPS SA a Zacks Rank of 2 (Buy) [3]