Pampa Energia: The Turning Point In Argentina's Most Resilient Energy Player

Pampa's Q3 confirmed accelerating shale growth, improving margins, and a stronger portfolio mix, supporting my buy stance as the company transitions from resilience to structural expansion. Management guides for sharp production increases through 2026-2027, alongside declining lifting costs and a heavy capex cycle fully supported by a solid balance sheet. Despite a 30% rally since August, Pampa still trades at a meaningful valuation discount while delivering stronger projected growth in EPS, EBITDA and revenue than its sector.

Seeking Alpha • Dec 6, 2025

Pampa Energia: An Excellent Bet For Argentine Growth

The elections at the end of October in Argentina have put an end to a period of pessimism in the country that companies like PAM can take advantage of. The company's commitment to growth in the oil & gas and midstream sectors is key for the short and medium term. In Q3 2025, Pampa Energia reported an adjusted EBITDA of $322 million, which represents an EV/EBITDA ratio of 4.33x.

Seeking Alpha • Nov 6, 2025

Pampa Energía S.A. (PAM) Q3 2025 Earnings Call Transcript

Pampa Energía S.A. ( PAM ) Q3 2025 Earnings Call November 5, 2025 10:00 AM EST Company Participants Raquel Cardasz Lida Wang - Head of Investor Relations & Sustainability Gustavo Mariani - CEO, Executive VP & Vice Chairman Horacio Jorge Tomas Turri - Executive Director of Exploration & Production Adolfo Zuberbuhler - CFO & Executive Director of Finances Presentation Raquel Cardasz " Lida Wang Head of Investor Relations & Sustainability " Gustavo Mariani CEO, Executive VP & Vice Chairman " Horacio Jorge Tomas Turri Executive Director of Exploration & Production " Adolfo Zuberbuhler CFO & Executive Director of Finances " Raquel Cardasz Good morning.

Seeking Alpha • Nov 6, 2025

Pampa Energía Announces Nine-Month Period and Third Quarter 2025 Results

BUENOS AIRES, ARGENTINA / ACCESS Newswire / November 4, 2025 / Pampa Energía S.A. (NYSE:PAM)(Buenos Aires Stock Exchange:PAMP), an independent company with active participation in Argentine oil, gas and electricity, announces the results for the nine-month period and quarter ended on September 30, 2025.

Accesswire • Nov 4, 2025

Pampa Energia Might 10x Oil Revenues By 2027, But I Prefer To Wait

I maintain a Hold rating on Pampa Energia, as most segments face stagnation and regulatory uncertainty, though oil and gas offer future growth potential. Power generation profits are peaking in USD terms, but recent FX deregulation and unclear regulation threaten future profitability and investment in this segment. Petrochemicals remain weak due to global overcapacity, while natural gas growth is delayed until LNG projects come online in 2027/28, with margins still speculative.

Seeking Alpha • Aug 20, 2025

Pampa Energia: Navigating Transition Challenges Amid Strategic Oil Pivot, Still A Solid Buy

The second quarter saw a drop in profits and a squeeze on margins, but the financial situation remains manageable, and investment in growth explains the negative cash flow. Key developments on the Rincón de Aranda position Pampa to take advantage of Vaca Muerta's export potential and reduce dependence on local gas. Shares remain an attractive long-term play, but the near term is likely volatile; execution on the Neuquen basin, tariff updates, and gas pricing are key points to follow.

Seeking Alpha • Aug 20, 2025

Pampa Energia: LNG, Shale And Renewables, A Regional Energy Story In The Making

Pampa Energía is transforming resilience into structural expansion, advancing major projects like shale oil, LNG, and crude export despite short-term margin pressure. Q2 2025 results showed lower revenues and profits, but strategic investments and a strong balance sheet position the company for future growth. Valuation remains attractive, with Pampa Energía trading at a steep discount to global peers and its own history, while profitability and projected growth are strong.

Seeking Alpha • Aug 20, 2025

Pampa Energía S.A. (PAM) Q2 2025 Earnings Call Transcript

Pampa Energía S.A. (NYSE:PAM ) Q2 2025 Earnings Call August 7, 2025 10:00 AM ET Company Participants Gustavo Mariani - CEO, Executive VP & Vice Chairman Horacio Jorge Tomas Turri - Executive Director of Exploration & Production Lida Wang - Head of Investor Relations & Sustainability Raquel Cardasz - Corporate Participant Raquel Cardasz Good morning, everyone, and thank you for waiting.

Seeking Alpha • Aug 11, 2025

Pampa Energía Announces Second Quarter 2025 Results: Shale Oil Ramp-up, Gas Production Record

BUENOS AIRES, ARGENTINA / ACCESS Newswire / August 6, 2025 / Pampa Energía S.A. (NYSE:PAM)(Buenos Aires Stock Exchange:PAMP), an independent company with active participation in Argentine oil, gas and electricity, announces the results for the six-month period and quarter ended on June 30, 2025.

Accesswire • Aug 6, 2025

Pampa Energia plans $426 million oil and gas plant in Argentina

Argentina's Pampa Energia has applied to build an oil and gas treatment plant at the Vaca Muerta shale formation, the company said on Tuesday, in a project worth $426 million.

Reuters • Jul 1, 2025