Quarterly ResultMay 6, 2026, 05:02 PM
Pampa Energy Q1 Profit +40% to $216M; EPS $0.16
AI Summary
Pampa Energy Inc. reported a strong first quarter for 2026, with profit increasing by 40.3% to $216 million and basic and diluted earnings per share rising to $0.16. Revenue grew by 38.4% to $573 million, driven by robust performance across its segments. The company also secured significant capacity in the TGS Perito Moreno Gas Pipeline expansion and announced a 20% participation in SESA's San Matías Pipeline Project, aimed at LNG exports. These results were achieved amidst an economic stabilization process in Argentina and volatile international energy markets.
Key Highlights
- Profit of the period increased 40.3% to $216 million from $154 million year-over-year.
- Basic and diluted earnings per share rose to $0.16 from $0.11 in the prior year period.
- Revenue grew 38.4% to $573 million for the three-month period ended March 31, 2026.
- Gross profit increased 49.6% to $193 million from $129 million year-over-year.
- Operating income rose 47.1% to $178 million from $121 million.
- Pampa and subsidiaries secured 3.2 million m³/day capacity in TGS's GPM expansion for 35 years.
- Company will hold a 20% participation in SESA's San Matías Pipeline Project for LNG exports.
- Oil and gas production reached 13.8 million m³/day of natural gas and 19.2 thousand boe/day of oil.