Quarterly ResultMay 8, 2026, 04:19 PM
Pampa Energía Q1 Profit +82% to ARS 296.7B; Revenue +84%
AI Summary
Pampa Energía reported a significant increase in its Q1 2026 profit, rising 82.3% to ARS 296,667 million, driven by an 84.1% surge in revenue. However, the company experienced a notable shift in its cash flow, with net cash used in operating activities totaling ARS 330,230 million, compared to cash generated in the prior year. Total comprehensive income also turned into a loss for the period. The company continues to operate in a volatile Argentine economic context with high inflation, while advancing key projects like the Perito Moreno Gas Pipeline expansion and the San Matías Pipeline Project.
Key Highlights
- Profit for the three-month period increased 82.3% to ARS 296,667 million compared to ARS 162,718 million in Q1 2025.
- Revenue grew 84.1% to ARS 807,831 million from ARS 438,715 million in the prior year period.
- Operating income rose 85.8% to ARS 239,672 million, up from ARS 128,989 million in Q1 2025.
- Basic and diluted earnings per share increased to ARS 215.71 from ARS 119.03 year-over-year.
- Net cash used in operating activities was ARS 330,230 million, a significant shift from ARS 93,885 million generated in Q1 2025.
- Total comprehensive income turned to a loss of ARS 9,266 million, down from an income of ARS 338,449 million in Q1 2025.
- TGS awarded 5.4 million m³/day for the Perito Moreno Gas Pipeline expansion, with Pampa and subsidiaries awarded 3.2 million m³/day.
- Pampa will hold a 20% participation in SESA's San Matías Pipeline Project for LNG exports.