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Pampa Energía S.A. logo

Pampa Energía S.A.

PAM

NYSEUtilitiesRegulated Electric

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Previous close

$79.52

+$0.13 · +0.16%

Aug 21, 4:00 PM ET

PAM company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

84

Deep Value

Momentum

41

Neutral

Sentiment

53

Mixed

Risk resilience

74

Moderate Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Pampa Energía SA engages in the generation, transmission, and distribution of electricity. It operates through the following segments: Electricity Generation, Distribution of Energy, Oil and Gas, Petrochemicals, and Holding and Others. The Electricity Generation segment includes electricity generation activities through the operation of hydro and thermal power plants as well as wind farms. The Distribution of Energy segment consists of direct interest in Empresa Distribuidora y Comercializadora Norte SA. The Oil and Gas segment develops upstream, midstream, and downstream activities that produce barrels of oil. The Petrochemicals segment comprises styrenics operations and catalytic reformer plant operations conducted in Argentine plants. The Holding and Others segment covers financial investment transactions, holding activities, concession over the high voltage electricity transmission, and over gas transportation. The company was founded on February 21, 1945 and is headquartered in Buenos Aires, Argentina.

Industry
Regulated Electric
Sector
Utilities
Headquarters
AR
CEO
Gustavo Mariani
Listed since
Oct 9, 2009
Employees
11,598

Market position

Day range

Current $79.52

52-week range

Current $79.52

Open
$80.35
Previous close
$79.39
Volume
130.95K
0.63× average
Average volume
208.06K
Average daily volume
Market cap
4.33B USD
Beta
-0.22
Market reference 1
50-day average
$83.3326
-4.58% below average
200-day average
$84.2219
-5.58% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
6.02B USD
P/E (TTM)
7.83×
P/B (TTM)
1.13×
P/S (TTM)
1.9×
EV / EBITDA
5.08×
Earnings yield
7.83%
Free cash flow yield
-5.88%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
34.64%
Operating margin
21.38%
Net margin
23.84%
Return on equity
10.46%
Return on assets
5.70%
Return on invested capital
3.57%

Financial health

Debt / equity
0.65×
Current ratio
3.11×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends41%32%23%14%Gross margin, FY2021: 36.94%Gross margin, FY2022: 37.73%Gross margin, FY2023: 36.09%Gross margin, FY2024: 31.82%Gross margin, FY2025: 31.48%Operating margin, FY2021: 38.40%Operating margin, FY2022: 34.50%Operating margin, FY2023: 24.48%Operating margin, FY2024: 23.45%Operating margin, FY2025: 16.62%Net margin, FY2021: 18.10%Net margin, FY2022: 24.93%Net margin, FY2023: 17.44%Net margin, FY2024: 33.00%Net margin, FY2025: 18.87%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 36.94%. Gross margin FY2022 37.73%. Gross margin FY2023 36.09%. Gross margin FY2024 31.82%. Gross margin FY2025 31.48%. Operating margin FY2021 38.40%. Operating margin FY2022 34.50%. Operating margin FY2023 24.48%. Operating margin FY2024 23.45%. Operating margin FY2025 16.62%. Net margin FY2021 18.10%. Net margin FY2022 24.93%. Net margin FY2023 17.44%. Net margin FY2024 33.00%. Net margin FY2025 18.87%.

Income trends

Revenue

2B USD+6.50%

Operating income

332M USD-24.55%

Net income

377M USD-39.10%
Income trends across reported periods2.17B USD1.48B USD790.5M USD100.5M USDRevenue, FY2021: 1.51B USDRevenue, FY2022: 1.83B USDRevenue, FY2023: 1.73B USDRevenue, FY2024: 1.88B USDRevenue, FY2025: 2B USDOperating income, FY2021: 579M USDOperating income, FY2022: 631M USDOperating income, FY2023: 424M USDOperating income, FY2024: 440M USDOperating income, FY2025: 332M USDNet income, FY2021: 273M USDNet income, FY2022: 456M USDNet income, FY2023: 302M USDNet income, FY2024: 619M USDNet income, FY2025: 377M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.51B USD. Revenue FY2022 1.83B USD. Revenue FY2023 1.73B USD. Revenue FY2024 1.88B USD. Revenue FY2025 2B USD. Operating income FY2021 579M USD. Operating income FY2022 631M USD. Operating income FY2023 424M USD. Operating income FY2024 440M USD. Operating income FY2025 332M USD. Net income FY2021 273M USD. Net income FY2022 456M USD. Net income FY2023 302M USD. Net income FY2024 619M USD. Net income FY2025 377M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2B USD1.88B USD1.73B USD1.83B USD1.51B USD
Cost of goods sold1.37B USD1.28B USD1.11B USD1.14B USD951M USD
Gross profit629M USD597M USD625M USD690M USD557M USD
Selling, general, and administrative245M USD275M USD225M USD182M USD119M USD
Operating expenses297M USD157M USD201M USD59M USD−22M USD
Interest income59M USD82M USD75M USD32M USD37M USD
Interest expense189M USD180M USD356M USD216M USD178M USD
Depreciation and amortization414M USD342M USD267M USD212M USD205M USD
Operating income332M USD440M USD424M USD631M USD579M USD
Net income377M USD619M USD302M USD456M USD273M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
70%
7 beats, 3 misses, 0 met estimates
Average EPS surprise
+20263.12%
10 comparable reports
Latest EPS result
3.21
Estimate 2.3 · Beat by 39.57%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates4.212.811.40Q1 '25BeatQ2 '25EstimateQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 5, 2025: actual 1.9, estimate 0.001, surprise +202027.66%, Beat. Q2 2025, reported May 6, 2025: actual —, estimate 1.09, surprise —, Comparison unavailable. Q3 2025, reported Aug 6, 2025: actual 0.7, estimate 2.35, surprise -70.21%, Miss. Q4 2025, reported Nov 4, 2025: actual 0.42, estimate 1.39, surprise -69.78%, Miss. Q1 2026, reported Mar 2, 2026: actual 3, estimate 0.65, surprise +361.54%, Beat. Q2 2026, reported May 6, 2026: actual 3.9, estimate 1.93, surprise +102.07%, Beat. Q3 2026, reported Aug 4, 2026: actual 3.21, estimate 2.3, surprise +39.57%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 2.15, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates811.33M673.97M536.6M399.24MQ1 '25BeatQ2 '25EstimateQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 5, 2025: actual 439.39M USD, estimate 430.44M USD, surprise +2.08%, Beat. Q2 2025, reported May 6, 2025: actual —, estimate 430.87M USD, surprise —, Comparison unavailable. Q3 2025, reported Aug 6, 2025: actual 486M USD, estimate 506.54M USD, surprise -4.05%, Miss. Q4 2025, reported Nov 4, 2025: actual 598.71M USD, estimate 598.17M USD, surprise +0.09%, Beat. Q1 2026, reported Mar 2, 2026: actual 507M USD, estimate 500.02M USD, surprise +1.40%, Beat. Q2 2026, reported May 6, 2026: actual 573M USD, estimate 567.99M USD, surprise +0.88%, Beat. Q3 2026, reported Aug 4, 2026: actual 746M USD, estimate 743.17M USD, surprise +0.38%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 780.13M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

8 ratings
Strong buy00%
Buy450%
Hold450%
Sell00%
Strong sell00%

PAM news

seekingalpha.com

Pampa Energia: Rincon De Aranda And Fertilizers Add New Legs To The Bull Case

Pampa Energia's Q2 results reinforced the long-term bullish thesis, with adjusted EBITDA up 75% Y/Y to $415M as Rincón de Aranda and power generation drove performance. Rincón de Aranda is scaling rapidly, while its RIGI…

Read source
marketbeat.com

Pampa Energia Q2 Earnings Call Highlights

Pampa Energia NYSE: PAM said its board approved the final investment decision for what it described as Latin America's largest urea plant, while the company reported second-quarter adjusted EBITDA of $415 million,…

Read source
seekingalpha.com

Pampa Energía S.A. (PAM) Q2 2026 Earnings Call Transcript

Pampa Energía S.A. (PAM) Q2 2026 Earnings Call Transcript

Read source
prnewswire.com

Pampa Energía announces six-month period and second quarter 2026 results

BUENOS AIRES, Argentina, Aug. 4, 2026 /PRNewswire/ -- Pampa Energía S.A. (NYSE: PAM; Buenos Aires Stock Exchange: PAMP), an independent energy company with active participation in Argentine oil, gas and electricity,…

Read source
fool.com

Pampa Energia Founder Buys 288,000 Shares. Does That Make PAM a Stock to Buy?

Founder and chairman Marcis Marcelo Mindlin acquired 287,916 shares for a $969,000 on June 26. The activity was executed in the open market and does not involve indirect entities or derivative instruments.

Read source
fool.com

Why a $1.97 Million Insider Sale May Not Change the Pampa Energía Story

A Pampa Energy executive sold 555,000 shares of the company in the open market on June 3, 2026, generating a transaction value of $1.97 million at around $3.55 per share. The disposition was executed directly, with no…

Read source

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ETFs holding PAM

Funds reporting this stock among their holdings, ordered by reported position size.

Global X - MSCI Argentina ETF logoGlobal X - MSCI Argentina ETFARGT
Market value
33.21M
Weight
4.10%
AUM
810.47M USD
Expense ratio
0.59%
Price / 1D
$92.81+0.56%
AAM Transformers ETF logoAAM Transformers ETFTRFM
Market value
540.7K
Weight
0.20%
AUM
107.86M USD
Expense ratio
0.49%
Price / 1D
$60.08+0.60%
ActivePassive International Equity ETF logoActivePassive International Equity ETFAPIE
Market value
85.64K
Weight
0.01%
AUM
953.79M USD
Expense ratio
0.45%
Price / 1D
$39.766+1.16%
The 2023 ETF Series Trust - Pictet Emerging Markets Rising Economies ETF logoThe 2023 ETF Series Trust - Pictet Emerging Markets Rising Economies ETFRISE
Market value
81.19K
Weight
0.36%
AUM
21.36M USD
Expense ratio
0.73%
Price / 1D
$19.19+2.20%

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