Pampa Energy Inc. (PAM) Form 6-K — Nov 2, 2026
Pampa Energía's Q3 26 results showed strong growth: sales rose 34% year-on-year to US$790 million and adjusted EBITDA rose 23% to US$398 million, driven by thermal generation margins under the normalized wholesale electricity market and vertical integration with its gas business. Net income attributable to shareholders reached US$129 million, six times Q3 25, helped by lower deferred tax expense and improved margins. Strategic momentum included RIGI approval of its US$2.7 billion, 2.1 million-ton-per-year urea project (operations expected by end-2029) and awards of 9.6 mcmpd of gas transportation capacity under the GPM expansion, bringing total contracted and wellhead capacity to 15.2 mcmpd.
Key figures
- Eps
- 0.1 (Q3 26); 2.4 per ADR
- Revenue
- 790000000
- Net Income
- 129000000
- Total Debt
- 2766000000
- Revenue Yoy
- 34%
- Cash Position
- 532000000
- Shares Outstanding
- 1340000000
- Net Debt
- US$1.731 billion (+31% QoQ from US$1.319B in June 2026)
- Market Cap
- US$3.90 billion
- Urea Capacity
- 2.1 million tons/year
- Gas Production
- 13.2 mcmpd (-6% YoY)
- Oil Production
- 22.1 kbpd (+28% YoY)
- Total Production
- 99.7 kboepd
- Adjusted Ebitda9 M
- US$1,137 million
- Adjusted Ebitda Q3
- US$398 million (+23% YoY)
- Gas Realized Price
- US$5.0/MBTU (+12% YoY)
- Oil Realized Price
- US$55.7/bbl (-9% YoY, net of hedges)
- Average Cost Of Debt
- 7.2%
- Average Debt Maturity
- 7.3 years
- Urea Project Investment
- US$2.7 billion
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.