Pampa Energia - PAM STOCK NEWS

Pampa Energía S.A. (NYSE: PAM) announced its fiscal year and Q4 2022 results, showing a 10% year-on-year increase in sales to US$448 million, driven by higher natural gas prices and petrochemical product sales. Adjusted EBITDA decreased by 7% to US$183 million, influenced by declines in holding and power generation sections. However, the profit attributable to shareholders surged to US$113 million, nearly tripling from Q4 2021, primarily from an arbitral compensation in Ecuador. The company reduced its net debt to US$913 million, achieving a net leverage ratio of 1.2x.

Pampa Energía S.A. reported a 17% increase in Q3 2022 sales, totaling US$507 million, driven by peak natural gas seasonality and higher petrochemical prices. Operating performance improved in natural gas and oil production, with increases of 20% and 14% year-on-year, respectively.

However, Adjusted EBITDA decreased by 5% to US$246 million due to declines in power generation and holding costs. Profit attributable to shareholders rose by 35% to US$176 million, aided by rising financial securities gains.

Pampa Energía S.A. (NYSE: PAM) reported a 34% year-on-year increase in Q2 2022 sales, totaling US$462 million, driven by higher gas and petrochemical prices. Despite excellent operational performance, including an 18% rise in power generation and a 38% growth in gas production, net profit declined by 39% to US$66 million due to financial losses and asset impairments. Adjusted EBITDA rose 6% to US$253 million. Net debt increased to US$902 million, reflecting a net leverage ratio of 1.3x. Pampa will host a videoconference on August 12, 2022, to discuss these results further.

Pampa Energía S.A. (NYSE: PAM), Argentina's largest independent energy company, has filed its 2021 Annual Report on Form 20-F with the SEC, covering the fiscal year ending December 31, 2021. The report can be accessed on the SEC's website or Pampa’s Investor Relations site. Shareholders can request a free hard copy of the report. This filing reinforces Pampa's commitment to transparency and provides investors with essential information regarding its operations within the electricity and gas sectors.

Pampa Energía S.A. (NYSE: PAM) reported a remarkable 128% year-on-year increase in sales, totaling US$412 million for Q1 2022, driven by rising gas volumes and prices, alongside improved petrochemical pricing. The company generated 4,892 GWh of power, a 10% increase, while hydrocarbon production rose by 32% to 57.5 k boe/day. Adjusted EBITDA increased by 11% to US$226 million. Profit attributable to shareholders surged by US$66 million year-on-year, reaching US$99 million. Net debt decreased to US$845 million, reflecting a solid financial position.

Pampa Energía S.A. (NYSE: PAM) reported a 42% increase in Q4 2021 sales, reaching US$406 million, driven by higher prices of gas and oil. The company achieved a consolidated profit of US$39 million, contrasting with a net loss of US$463 million in Q4 2020, largely due to previous asset impairments. Adjusted EBITDA grew by 8% to US$199 million. Additionally, net debt decreased to US$866 million from US$1,148 million in 2020. Operational metrics showed improved hydrocarbon production and significant increases in gas and petrochemical prices.

Pampa Energía reported strong Q3 2021 results with a 49% YoY increase in sales, reaching US$435 million driven by higher prices and increased sales volumes. The company's adjusted EBITDA rose 27% YoY to US$262 million. Consolidated profits attributable to shareholders hit US$131 million, up US$53 million from last year. Meanwhile, net debt decreased significantly to US$917 million, reflecting ongoing debt reduction efforts. The firm also plans to discuss these results in a videoconference on November 11, 2021.

Pampa Energía S.A. (NYSE: PAM) reported a robust second quarter for 2021, achieving a 68% year-on-year sales increase to US$346 million. This growth was driven by higher prices and volumes of hydrocarbons and petrochemicals sold, along with a new gas turbine at Genelba. Adjusted EBITDA rose 79% to US$241 million, while net debt decreased to US$1,042 million. The company also recorded a consolidated profit of US$70 million, reflecting an improvement in operating margins despite challenges from discontinued operations and tax charges.

Pampa Energía S.A. (NYSE: PAM) reports a strong Q1 2021 with consolidated revenues of US$321 million, up 11% from US$290 million in Q1 2020. Key drivers included increased gas sales from the Genelba Thermal Power Plant, along with higher petrochemical sales and recovering oil and gas prices. Adjusted EBITDA rose to US$204 million, a 16% increase year-over-year. The company also posted a consolidated gain attributable to owners of US$33 million, a US$19 million rise from the same quarter last year. The electricity distribution segment is classified as a discontinued operation following the sale of its controlling stake in Edenor.