Pampa Energia S.A. PAM

77.82 (0.85) (1.08%) as of 25 Sep
Market cap
$4.2B
P/E
7.4×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 18.58
Total sells 47.68
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — 2 2 — 4 —
Sell — — — — — 3 4 2 2 1 — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 4,210.00
Revenue 2,417.00
Net Income 575.00
Free Cash Flow (455.00)
Net Debt 1,319.00
Current Ratio 3.64
Debt/Equity 0.64
P/E ratio 7.40
P/S ratio 1.71
P/B ratio 1.02
Past 5Y EPS Growth 7.79%
This Y EPS Growth 45.63%
Next Y EPS Growth 8.55%
Next 5Y EPS Growth 21.61%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield 0.02%
total individual payouts
2020 Powerpack
2019 Powerpack
2018 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 835 1,669 1,143 1,281
Receivables 296 488 614 948
Inventory 205 223 231 283
Other — — — —
1,336 2,380 1,988 2,512
2023 2024 2025 Q'26
Payables 238 253 397 359
ST’ Debt 224 706 48 25
Other 9 17 19 73
521 1,302 639 690
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 9.88% 13.24% 2.99%
Cash Flow 4.55% 2.34% 7.92%
Earnings 1.23% 0.00% (6.14%)
Book Value 14.74% 15.30% 16.43%

Revenue

Mar Jun Sep Dec Year
’26 573 746 — — —
’25 414 486 591 507 1,998
’24 401 500 540 435 1,876
’23 436 474 504 317 1,732
’22 414 472 512 431 1,829
’21 324 346 438 400 1,508
’20 607 206 654 285 1,073
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (233) 214 — — —
’25 90 57 343 288 778
’24 (20) 84 222 149 435
’23 169 155 93 157 575
’22 119 95 161 244 619
’21 175 177 233 144 729
’20 161 142 224 166 693
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (498) (39) — — —
’25 (72) (222) 418 (330) (206)
’24 (72) (127) 106 78 (12)
’23 (4) 14 (11) (161) (162)
’22 47 (11) 51 105 193
’21 150 128 168 79 525
’20 92 72 175 232 570
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 3.90 3.21 — — —
’25 2.81 0.70 0.42 3.00 6.93
’24 4.90 1.80 2.70 1.90 11.40
’23 2.56 3.01 2.80 (2.90) 5.50
’22 1.79 1.20 3.23 2.05 8.26
’21 0.67 1.26 2.36 0.70 4.88
’20 0.21 0.06 1.29 (7.96) (5.95)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
17.52 35.52 24.93 12.01 8.72 12.17 17.97 26.86 38.15 54.95

Analyst estimates 2026–2028

Powerpack
Low Price
37.11 71.39 72.98 39.89 16.69 21.28 32.00 52.17 93.11 97.55
High Price
7,174 3,330 2,127 1,944 1,937 1,937 1,907 1,924 1,847 1,847
Employees
0 1 1 1 1 1 1 1 1 1
Revenue/Emp
2,119 3,041 2,920 1,338 1,073 1,508 1,829 1,732 1,876 1,998
Revenue
19.68% 31.62% 32.64% 39.39% 38.21% 36.67% 37.73% 36.09% 31.82% 31.48%
Gross Margin
(91) 254 224 473 159 390 581 623 498 582
EBT
(4.31%) 8.36% 7.67% 35.35% 14.82% 25.86% 31.77% 35.97% 26.55% 29.13%
EBT Margin
(17) 331 207 603 124 313 457 305 619 378
Net Income
205 207 234 186 205 205 212 267 342 414
Depreciation
30.51 38.57 35.85 27.88 17.06 26.83 33.11 31.70 34.49 36.73
Revenue/Sh
(0.01) 3.54 (0.18) 9.50 (5.95) 4.88 8.26 5.50 11.40 6.93
Earnings/Sh
5.83 8.21 7.49 16.71 11.02 12.97 11.21 10.52 8.00 14.30
Cash Flow/Sh
(5.88) (8.22) (2.64) (8.00) (1.96) (3.63) (7.71) (13.49) (8.22) (18.09)
Capex/Sh
(0.05) (0.01) 4.85 8.71 9.06 9.34 3.49 (2.96) (0.22) (3.79)
Free CF/Sh
13.72 15.41 22.04 50.19 28.13 31.87 41.35 44.16 60.57 66.27
Book Value/Sh
69 79 81 48 63 56 55 55 54 54
Shares
0.00 19.93 79.53 1.65 0.00 4.23 3.76 8.82 7.78 12.77
PE Ratio
1.18 1.79 0.89 0.41 0.46 0.79 0.94 1.52 2.55 2.41
PS Ratio
2.62 4.49 1.44 0.46 0.45 0.66 0.75 1.09 1.45 1.34
PB Ratio
1.83 2.34 1.40 0.88 1.10 1.36 1.44 1.88 2.77 2.78
EV/Sales
(2,202.01) (13,088.82) 10.39 5.77 3.38 3.89 13.25 (20.05) (1,503.22) (26.62)
EV/FCF
405 647 610 802 693 729 619 575 435 778
Op' Cash Flow
(409) (648) (215) (384) (123) (204) (426) (737) (447) (984)
Capex
(4) (1) 395 418 570 525 193 (162) (12) (206)
FCF
(467) 277 339 508 948 783 712 815 1,078 1,349
Working Cap'
1,758 2,595 2,177 1,947 1,614 1,438 1,613 1,448 2,079 1,892
Total Debt
1,376 1,663 1,496 1,299 1,123 865 913 613 410 749
Net Debt
953 1,215 1,795 2,409 1,769 1,791 2,284 2,413 3,295 3,605
Sh' Equity
(0.02%) 5.93% 3.74% 12.19% (6.94%) 6.24% 10.60% 6.38% 11.19% 5.83%
ROA
(0.01%) 11.16% 11.09% 7.13% 6.61% 11.01% 11.03% 9.42% 5.90% 5.27%
ROIC
(0.08%) 31.60% 14.88% 32.92% (17.57%) 15.34% 22.38% 12.86% 21.69% 10.93%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Pampa Energia S.A. (PAM) key facts

  • Pampa Energia S.A. (PAM) is a Conglomerates company in the Industrials sector, traded in the US as an ADR.
  • Pampa Energia S.A.’s revenue for fiscal 2025 (year ended December 2025) was ARS 2.0 billion, up 6.50% from fiscal 2024.
  • As of September 25, 2026, PAM traded at $77.82, a market capitalization of $4.2 billion.
  • Return on equity was 10.9% and debt-to-equity 0.64.

Source: company filings (standardised) and stockrow calculations.

Pampa Energia S.A. (PAM) Latest News

News by impact score

Fine-tune

10 Sep

4

Pampa Energia weighs construction of a 500-MW data center that would require nearly $900M in dedicated power infrastructure. Potential $900M infrastructure commitment for 500-MW data center marks major strategic expansion with sizable capital and operational implications.

8 Aug

3

Pampa Energia S.A. released Q2 earnings call highlights covering financial results, operational performance and outlook. Q2 earnings highlights may influence short-term market sentiment around financial performance.

6 Aug

4

Pampa Energia SA achieved record production in Q2 2026 and outlined strategic initiatives during its earnings call. Record production and strategic developments will substantially enhance Pampa Energia's competitive position and investor outlook.

4

Pampa Energia S.A. reported its Q2 earnings, highlighting key financial metrics and operational performance. The company showed growth in revenue and net income compared to the previous quarter, driven by increased demand for energy and improved efficiency in operations. Management provided insights into future strategies and market conditions, indicating a positive outlook for the remainder of the year. Investors reacted favorably to the results, reflecting confidence in the company's direction. The earnings report indicates significant growth and strategic insights that could alter investor sentiment and the company's trajectory.

4

Pampa Energía S.A. reported its second quarter 2025 results, highlighting a significant ramp-up in shale oil production and achieving a record in gas production. The company continues to focus on enhancing its operational efficiency and expanding its production capabilities, which are expected to positively impact its financial performance moving forward. The ramp-up in shale oil production and record gas output are likely to significantly enhance the company's financial performance and market positioning.

4 Aug

3

Pampa Energía S.A. announced financial results for the six-month period and second quarter of 2026. Earnings releases update financial performance and can shift near-term investor views on Pampa Energía.

22 Jul

4

Tecnimont (Maire) awarded engineering, procurement, commissioning and start-up contract for large-scale fertilizer complex in Argentina tied to Pampa Energia S.A. (PAM). Large fertilizer complex contract award advances major project execution for Pampa Energia operations.

4

Tecnimont (Maire) awarded engineering, procurement, commissioning and start-up contract for large-scale fertilizer complex in Argentina. Contract for major fertilizer complex advances Pampa Energia's Argentine energy and chemicals expansion.

16 Jun

3

Pampa Energia S.A. benefits from stable utility operations and strategic investments. Stable operations combined with targeted investments support steady performance without major trajectory shifts.

13 Jun

3

Pampa Energia (PAM) signs digital transformation deal with Halliburton (HAL). Digital transformation agreement enables operational upgrades that moderately strengthen Pampa Energia's efficiency.

12 Jun

3

Pampa Energia S.A. (PAM) exhibits strong operational metrics, favorable energy market dynamics, and growth catalysts that position the stock for a potential surge. Bullish outlook on PAM identifies catalysts that could moderately lift near-term share price and sentiment without guaranteeing fundamental trajectory shifts.

8 Jun

3

Pampa Energia S.A. (PAM) drives growth via CMS grid upgrades and renewable energy expansion. Grid upgrades and renewable expansion moderately strengthen Pampa Energia operational efficiency and positioning.

14 May

3

Pampa Energia S.A. (PAM) released Q1 earnings call highlights covering financial performance, operational updates, and strategic outlook. Q1 earnings highlights provide moderately noticeable insights into financial performance and operations without fundamentally altering long-term trajectory.

6 May

3

Pampa Energía announced first quarter 2026 results. Quarterly results directly affect financial performance and market sentiment.

4 May

3

Pampa Energia (PAM) is a top pick for growth investors due to its Zacks Rank #1 (Strong Buy), robust 25.7% expected earnings growth this year, solid Growth Score of A, VGM Score of B, and undervaluation at a forward P/E of 5.37 versus industry average. Strong buy recommendation with high growth projections and favorable scores likely influences investor sentiment and moderate financial performance outlook.

14 Apr

4

Surging earnings estimates signal upside potential for Pampa Energia S.A. (PAM) stock. Surging earnings estimates drive significant positive shifts in investor sentiment and stock trajectory.

3

Wall Street analysts predict Pampa Energia S.A. (PAM) stock could rally 29.86% and outline trading strategies to capitalize on the upside. Analysts' 29.86% rally forecast for PAM could moderately boost investor sentiment and short-term market performance.

3 Mar

4

Pampa Energia SA (PAM) reported record production levels and detailed strategic initiatives in its Q4 2025 earnings call. Record production strengthens core operations while strategic initiatives position PAM for significant growth and improved market performance.

2 Mar

4

Pampa Energia S.A. (PAM) released its Q4 earnings snapshot. Q4 earnings snapshots reveal financial performance that significantly impacts stock price and investor sentiment.

4

Pampa Energía announced fiscal year and fourth quarter 2025 results. Fiscal year-end and Q4 earnings announcements directly affect financial metrics, investor sentiment, and stock performance.

7 Nov

4

Pampa Energia S.A. reported strong EBITDA growth in Q3 2025, highlighting robust financial performance amidst challenging market conditions. The company emphasized its strategic initiatives and operational efficiencies that contributed to this growth, positioning itself favorably for future developments in the energy sector. Strong EBITDA growth indicates significant operational improvements and strategic positioning that could alter the company's trajectory.

4 Nov

4

Pampa Energia S.A. reported its Q3 earnings, showcasing significant financial metrics and operational highlights. The company demonstrated growth in revenue and net income compared to the previous quarter, driven by increased demand and efficient management of resources. Key performance indicators reflect a positive trend, suggesting a robust operational framework. Analysts are optimistic about the company's future prospects, citing strategic initiatives and market positioning as factors contributing to its favorable outlook. The earnings report indicates significant growth and operational efficiency, which could substantially influence investor sentiment and market performance.

4

Pampa Energía S.A. reported its financial results for the nine-month period and third quarter of 2025, highlighting key performance metrics and operational developments. The company demonstrated growth in revenue and operational efficiency, driven by strategic initiatives and favorable market conditions. Management provided insights into future expectations and ongoing projects, emphasizing a commitment to sustainability and innovation in the energy sector. The financial results indicate significant growth and strategic initiatives that could alter the company's trajectory and investor sentiment.

8 Oct

3

Options trading activity for Pampa Energia S.A. (PAM) has surged, with a notable increase in call options, suggesting that traders may anticipate a significant price movement. The heightened interest in options could indicate expectations of upcoming news or events that might impact the stock's performance. Analysts are observing this trend closely, as it may reflect broader market sentiment or insider knowledge regarding the company's future prospects. Increased options trading activity suggests potential market movements that could moderately influence Pampa Energia's stock performance.

30 Sep

3

Crown Point Energy is nearing the completion of its acquisitions in Argentina, which are expected to enhance its operational capabilities and reserves. The company has provided updates on its reserves, indicating a positive outlook for its assets in the region. These developments are part of Crown Point's strategic efforts to strengthen its position in the Argentine energy market. The acquisitions and reserve updates are likely to moderately influence Crown Point's financial performance and competitive positioning in the Argentine market.

19 Sep

3

Pampa Energía S.A. (PAM) has announced the approval of its 14th share repurchase program, which aims to enhance shareholder value by buying back its own shares from the market. This initiative reflects the company's commitment to returning capital to shareholders and optimizing its capital structure. The program is expected to be executed in accordance with applicable regulations and market conditions. The share repurchase program is likely to positively influence investor sentiment and financial performance, but its overall impact may be limited.

31 Jul

4

Pampa Energia S.A. (PAM) has announced a $1.5 billion expansion plan aimed at increasing its oil production capacity. The company is targeting $1.2 billion in annual oil exports as part of this initiative, which is expected to enhance its market position and financial performance significantly. This strategic move reflects Pampa's commitment to growth in the energy sector amidst rising global demand for oil. The expansion plan and export targets are likely to significantly impact Pampa's future performance and market positioning.

23 Jul

3

Pampa Energía S.A. (PAM) is experiencing heightened activity in the options market, particularly with the Sep 19, 2025 $55 Call, which has high implied volatility. This suggests that investors anticipate significant price movement, possibly due to an upcoming event. Currently, Pampa Energia holds a Zacks Rank #5 (Strong Sell) in the Utility - Electric Power industry, with no analysts increasing earnings estimates recently, leading to a downward revision of the consensus estimate from $3.09 to $2.73 per share. The high implied volatility may indicate a developing trade, as seasoned options traders often seek to sell premium in such scenarios. Zacks offers insights into trading strategies that could potentially reduce risk while maximizing profit potential. Analysts have downgraded earnings estimates, indicating a moderately noticeable influence on financial performance.

8 Jul

4

Unblock, an energy tech startup, has secured $13.5 million in funding to expand its operations in converting wasted energy into computing power across Latin America. The funding round was led by Goldcrest Capital and Collaborative Fund, with participation from Pampa Energia and Grupo Sielecki. Unblock's modular data centers capture flared gas and curtailed renewable energy, eliminating 142,000 tons of CO2 annually. The company aims to double its capacity by September and is aggressively hiring to support its growth and local data center production. Pampa Energia's involvement in Unblock's funding round indicates a strategic alignment with innovative energy solutions that could significantly enhance its market position.

21 May

4

Pampa Energia (PAM) is highlighted as a strong value stock, currently holding a Zacks Rank of #2 (Buy) and an A grade for Value. The stock's P/E ratio is 6.86, significantly lower than the industry average of 15.13. PAM's P/B ratio stands at 1.33, compared to the industry's average of 2.34, while its P/CF ratio of 5.46 is also favorable against the industry average of 11.17. These metrics suggest that PAM is undervalued, supported by a positive earnings outlook, making it an attractive option for value investors. Pampa Energia's strong valuation metrics and positive earnings outlook indicate a significant potential impact on its future performance.

stockrow.com/PAM · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com