StockWatch
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Electric Utilities: Central
Quarterly ResultMay 7, 2026, 03:48 PM

Pampa Energy Q1 2026 Adj. EBITDA $325M; Production 100.6 kbpd

AI Summary

Pampa Energía reported strong Q1 2026 results with consolidated adjusted EBITDA reaching $325 million, marking a 45% year-over-year increase. The Oil & Gas segment achieved an all-time high quarterly production of 100.6 kboepd, driven by the Rincón de Aranda field. The Power Generation segment also saw significant growth in adjusted EBITDA, benefiting from a new spot framework. The company maintains a solid balance sheet with a net leverage of 1.1x.

Key Highlights

  • Consolidated adjusted EBITDA for Q1 2026 was $325 million, up 45% year-over-year.
  • Oil & Gas segment achieved an all-time high quarterly production of 100.6 kboepd, a 38% increase year-over-year.
  • Rincón de Aranda production surpassed 20 kbpd, reaching 25.3 kbpd.
  • Power Generation adjusted EBITDA was $144 million in Q1 2026, up 30% quarter-over-quarter.
  • Gas production increased by 17% year-over-year and 28% quarter-over-quarter.
  • Net leverage stood at 1.1x as of March 2026.
  • Issued $200 million for 3 years at 5.49% interest rate.