Pampa Energía Informs the Market that it has Filed its Annual Report on Form 20-F for the Fiscal Year Ended December 31, 2025

Rhea-AI Summary

Pampa Energía (NYSE:PAM) announced that it filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission on April 9, 2026.

The 2025 Annual Report is available at www.sec.gov and on the company's investor relations site at ri.pampa.com/en. Shareholders may request a free hard copy by contacting Investor Relations at investor@pampa.com within a reasonable period.

News Market Reaction – PAM

-1.31%

-1.31% Session close to close

In the Apr 9 session, PAM declined 1.31%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement formalizes Pampa Energía’s 2025 financial and operational information through its ...

Analysis

This announcement formalizes Pampa Energía’s 2025 financial and operational information through its Form 20‑F filing with the SEC, making comprehensive disclosures available via both the SEC and company investor websites. Historically, key updates have included strong EBITDA growth and changes in capital structure. Investors may focus on details within the full report—such as debt levels, cash flow trends and regulatory disclosures—while monitoring how these align with prior earnings releases and recent board and capital changes reported on Form 6‑K.

Key Figures

Q4 2025 sales: US$507 million Q4 2025 Adjusted EBITDA: US$230 million Q4 2025 net income: US$161 million +5 more

8 metrics

Q4 2025 sales US$507 million Fiscal Q4 2025 results

Q4 2025 Adjusted EBITDA US$230 million Fiscal Q4 2025 results

Q4 2025 net income US$161 million Net income attributable to shareholders, FY/Q4 2025 release

Net debt US$801 million As of December 2025

Q3 2025 sales US$591 million Nine‑month period and Q3 2025 results

Q3 2025 Adjusted EBITDA US$322 million Nine‑month period and Q3 2025 results

Q3 2025 net income US$23 million Consolidated net income attributable to shareholders, Q3 2025

Production rate 99.5 kboe/d Q3 2025 production, up 14% YoY

Historical Context

2 past events · Latest: Mar 02 (Positive)

Pattern 2 events

Date	Event	Sentiment	24h Move	Catalyst
Mar 02	Earnings results	Positive	-4.1%	Strong FY and Q4 2025 growth in sales, EBITDA and net income.
Nov 04	Earnings results	Neutral	-1.2%	Mixed Q3 2025 results with lower sales but higher EBITDA and production.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent fundamentally strong earnings updates were followed by share price declines, suggesting a tendency for negative or muted reactions even to positive results.

Recent Company History

Over the last two major updates, Pampa reported improving fundamentals. On Nov 4, 2025, Q3 2025 results showed mixed trends, with lower sales but stronger EBITDA and production, and the stock eased 1.24%. On Mar 2, 2026, FY and Q4 2025 results highlighted solid year‑on‑year growth in sales, EBITDA and net income, yet the stock fell 4.1%. Against that backdrop, today’s routine Form 20‑F filing mainly formalizes already disclosed 2025 information.

Key Terms

form 20-f, u.s. securities and exchange commission

2 terms

form 20-f regulatory

"it has filed its annual report on Form 20-F for the fiscal year ended"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

u.s. securities and exchange commission regulatory

"2025 Annual Report') before the U.S. Securities and Exchange Commission (the 'SEC')."

The U.S. Securities and Exchange Commission is a government agency responsible for overseeing the stock market and protecting investors. It sets rules to ensure that companies share truthful information and that trading is fair, helping to maintain trust in the financial system. This oversight is important because it helps prevent fraud and ensures that investors can make informed decisions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BUENOS AIRES, AR / ACCESS Newswire / April 9, 2026 / Pampa Energía S.A. (NYSE:PAM)(Buenos Aires Stock Exchange:PAMP) ('Pampa' or the 'Company'), one of Argentina's largest energy companies, participating mainly in the crude oil, gas and power generation value chain, announces that on April 9, 2026 it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 (the '2025 Annual Report') before the U.S. Securities and Exchange Commission (the 'SEC'). The 2025 Annual Report can be accessed by visiting either the SEC's website at www.sec.gov or the Company's Investor Relations website at ri.pampa.com/en. In addition, shareholders may receive a hard copy of the Company's 2025 Annual Report free of charge by requesting a copy within a reasonable period of time from Pampa's Investor Relations office, at investor@pampa.com.

For further information, contact:

Gustavo Mariani - Vice Chairman and Chief Executive Officer
Adolfo Zuberbühler - Chief Financial Officer
Lida Wang - Investor Relations and Sustainability Officer

Pampa Energía Building
Maipú 1
(C1084ABA)
Buenos Aires, Argentina
Phone: +54 (11) 4344 6000
https://ri.pampa.com/en
investor@pampa.com

SOURCE: 1/3 Pampa Energía S.A.

View the original press release on ACCESS Newswire

FAQ

What did Pampa Energía (PAM) file on April 9, 2026?

Pampa Energía filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025. According to the company, the 2025 Annual Report is available on the SEC website and the company's investor relations site, and shareholders can request a free hard copy.

Where can investors access Pampa Energía's 2025 Form 20-F (PAM)?

Investors can access the 2025 Form 20-F on the SEC website and Pampa's investor relations site. According to the company, the report is available at www.sec.gov and ri.pampa.com/en, and hard copies are available free upon request to investor relations.

Does Pampa Energía's 20-F filing (PAM) include financial tables or earnings data?

The filing contains financial tables, but the announcement does not disclose specific earnings figures or metrics. According to the company, detailed financial statements and tables are contained in the Form 20-F accessible via the SEC and investor relations site for review.

How can shareholders request a hard copy of Pampa Energía's 2025 Annual Report (PAM)?

Shareholders may request a free hard copy by emailing Pampa's Investor Relations within a reasonable period. According to the company, requests should be sent to investor@pampa.com or directed to the Investor Relations office at the Buenos Aires address provided in the notice.

Who are the Pampa Energía contacts listed for investor inquiries in the April 9, 2026 notice (PAM)?

Contacts listed include Gustavo Mariani (Vice Chairman and Chief Executive Officer), Adolfo Zuberbühler (Chief Financial Officer), and Lida Wang (Investor Relations and Sustainability Officer). According to the company, investors may also use the provided Buenos Aires phone number or investor@pampa.com for inquiries.