Recent Updates — PPENF

Pampa Energía reported Q2 2026 sales of US$746 million, up 53% year-on-year, with adjusted EBITDA reaching US$415 million and net income attributable to shareholders at US$172 million. The company approved a US$2.7 billion final investment decision for a new urea plant in Bahía Blanca, marking its entry into the fertilizer business. Additionally, Pampa secured RIGI regulatory approval for its US$4.5 billion Rincón de Aranda oil and gas project and announced a US$3 billion Integrated NGL Project via subsidiary TGS. Net debt increased to US$1.3 billion as of June 2026 from US$801 million at year-end 2025, driven by capital expenditures on RDA and hedging collateral requirements. The company operates in the Argentine energy sector, producing oil, gas, electricity, and petrochemicals.

Pampa Energía filed its unaudited consolidated interim financial statements for the six-month period ended June 30, 2026. The company reported revenue of US$1,319 million and operating income of US$449 million, compared to US$900 million in revenue and US$234 million in operating income for the same period in 2025. Net profit attributable to equity holders reached US$386 million, up from US$193 million a year earlier. Cash and cash equivalents increased to US$979 million from US$725 million at year-end 2025. The company operates in the energy sector, primarily engaged in oil and gas exploration and production, power generation, petrochemicals, and energy transportation infrastructure.

Pampa Energía S.A. has approved the final investment decision for its Fértil Pampa S.A.U. subsidiary's fertilizer project, which requires an investment of approximately US$2.7 billion. The project involves the construction, an EPC contract on a lump-sum turnkey basis with contractors Tecnimont SPA and SACDE S.A. to produce granulated urea and ammonia with a capacity of 6,000 tons per day. The company has also approved granting parent company guarantees to the Contractors under the EPC Contract to secure performance of payment obligations. Pampa Energía S.A. operates in the energy and agro-industry integration segments of Argentina.