PAM
Pampa Energía S.A.
NYSEUSDEQUITY
Industrials
DELAYED
Neutral
+4/100
Last price
81.48
▲ 1.49 (1.86%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
—
Prev close
79.99
Day high
82.99
Day low
79.68
Volume
288.94K
Market cap
$4.37B
P/E (TTM)
7.41
52W range
58.50 – 94.50
Trailing performance
Returnvs SPY
1W
+6.04%
+4.1%
1M
-3.92%
-5.1%
3M
-1.19%
-5.7%
6M
-7.18%
-25.4%
YTD
-7.94%
-22.2%
1Y
+34.01%
+17.6%
3Y
+118.09%
+35.8%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on PAM open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
-2.93M
Net selling
Buy transactions
2
75.00K shares
Sell transactions
1
3.00M shares
Net transactions
+3
Buys less sells
Sell : buy shares
40.0 : 1
Heavily one-sided
Insider-held shares
2.47M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Sep 25, 26 | MARIANI GUSTAVO Officer |
BUY | 25.00K | $1.96M | Direct |
| Jul 8, 26 | MINDLIN MARCOS MARCELO Director and Beneficial Owner of more than 10% of a Class of Security |
SELL | 3.00M | $243.77M | Direct |
| May 8, 26 | MARIANI GUSTAVO Officer |
BUY | 50.00K | $4.06M | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
MARIANI GUSTAVO |
Officer | 1.62M | Purchase |
MINDLIN MARCOS MARCELO |
Director and Beneficial Owner of more than 10% of a Class of Security | 20.06M | Sale |
Fundamentals
Market cap$4.37B
Enterprise value$5.67B
Revenue (TTM)$2.42B
Gross profit$808.64M
EBITDA$936.64M
Net income$570.00M
EPS (TTM)$11.00
Free cash flow$-509.72M
Total cash$1.28B
Total debt$2.63B
Book value / share$76.10
Shares outstanding53.60M
Float23.97M
Short % of float1.26%
Dividend yield0.00%
Beta (5Y)-0.24
Valuation & profitability ratios
Trailing P/E7.41
Forward P/E6.94
PEG ratio—
Price / sales—
Price / book1.07
EV / revenue2.35
EV / EBITDA6.06
Gross margin33.46%
Operating margin25.60%
Profit margin23.58%
Return on equity15.26%
Return on assets4.21%
Debt / equity65.03
Current ratio3.64
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $2.00B | $1.88B | $1.73B | $1.83B | +6.5% |
| Operating revenue | $2.00B | $1.84B | $1.73B | $1.83B | +8.8% |
| Cost of revenue | $1.37B | $1.28B | $1.11B | $1.14B | +7.0% |
| Gross profit | $629.00M | $597.00M | $625.00M | $690.00M | +5.4% |
| Selling, general & admin | $245.00M | $275.00M | $225.00M | $182.00M | -10.9% |
| Total operating expense | $297.00M | $315.00M | $241.00M | $181.00M | -5.7% |
| Operating income | $332.00M | $282.00M | $384.00M | $509.00M | +17.7% |
| Net interest income | -$140.00M | -$110.00M | -$299.00M | -$205.00M | -27.3% |
| Pre-tax income | $582.00M | $498.00M | $623.00M | $581.00M | +16.9% |
| Tax provision | $204.00M | -$121.00M | $318.00M | $124.00M | +268.6% |
| Net income | $377.00M | $619.00M | $302.00M | $456.00M | -39.1% |
| Net income to common | $377.00M | $619.00M | $302.00M | $456.00M | -39.1% |
| Basic EPS | 7.00 | 11.50 | 5.50 | 8.25 | -39.1% |
| Diluted EPS | 7.00 | 11.50 | 5.50 | 8.25 | -39.1% |
| EBIT | $771.00M | $678.00M | $979.00M | $797.00M | +13.7% |
| EBITDA | $1.19B | $1.02B | $1.25B | $1.01B | +16.2% |
| Basic shares | 54.40M | 54.40M | 54.64M | 55.24M | 0.0% |
| Diluted shares | 54.40M | 54.40M | 54.64M | 55.24M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $725.00M | $738.00M | $171.00M | $106.00M | -1.8% |
| Cash & short-term investments | $1.09B | $1.67B | $831.00M | $692.00M | -34.6% |
| Accounts receivable | $355.00M | $288.00M | $209.00M | $305.00M | +23.3% |
| Inventory | $222.00M | $217.00M | $201.00M | $165.00M | +2.3% |
| Total current assets | $1.99B | $2.38B | $1.34B | $1.34B | -16.4% |
| Property, plant & equipment | $3.34B | $2.58B | $2.56B | $2.17B | +29.6% |
| Goodwill & intangibles | $89.00M | $95.00M | $96.00M | $138.00M | -6.3% |
| Total assets | $6.59B | $6.30B | $4.72B | $4.74B | +4.6% |
| Total current liabilities | $639.00M | $1.30B | $521.00M | $631.00M | -50.9% |
| Current debt | $48.00M | $706.00M | $224.00M | $273.00M | -93.2% |
| Long-term debt | $1.84B | $1.37B | $1.22B | $1.34B | +34.3% |
| Total debt | $1.93B | $2.09B | $1.47B | $1.62B | -7.9% |
| Total liabilities | $2.99B | $3.01B | $2.31B | $2.46B | -0.6% |
| Retained earnings | $351.00M | $742.00M | $223.00M | $477.00M | -52.7% |
| Shareholder equity | $3.60B | $3.29B | $2.40B | $2.28B | +9.4% |
| Working capital | $1.35B | $1.08B | $815.00M | $712.00M | +25.3% |
| Net tangible assets | $3.51B | $3.19B | $2.31B | $2.14B | +9.9% |
| Shares issued | 1.36B | 1.36B | 1.36B | 1.38B | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | $378.00M | $619.00M | $305.00M | $457.00M | — | -38.9% |
| Depreciation & amortisation | $414.00M | $342.00M | $267.00M | $212.00M | — | +21.1% |
| Stock-based compensation | — | $0 | $0 | -$37.00M | $0 | — |
| Change in working capital | -$25.00M | -$336.00M | -$132.00M | -$132.00M | — | +92.6% |
| Operating cash flow | $778.00M | $435.00M | $575.00M | $619.00M | — | +78.9% |
| Capital expenditure | -$993.00M | -$447.00M | -$758.00M | -$447.00M | — | -122.1% |
| Investing cash flow | -$401.00M | -$344.00M | -$446.00M | -$575.00M | — | -16.6% |
| Share buybacks | -$47.00M | $0 | $0 | -$18.00M | — | — |
| Dividends paid | -$1.00M | $0 | -$1.00M | $0 | — | — |
| Financing cash flow | -$390.00M | $476.00M | -$57.00M | -$46.00M | — | -181.9% |
| Free cash flow | -$215.00M | -$12.00M | -$183.00M | $172.00M | — | -1,691.7% |
| End cash position | $725.00M | $738.00M | $171.00M | $106.00M | — | -1.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $746.00M | $573.00M | $507.00M | $591.00M | $486.00M | +30.2% |
| Operating revenue | $746.00M | $573.00M | $507.00M | $591.00M | $486.00M | +30.2% |
| Cost of revenue | $482.00M | $380.00M | $380.00M | $375.00M | $340.00M | +26.8% |
| Gross profit | $264.00M | $193.00M | $127.00M | $216.00M | $146.00M | +36.8% |
| Selling, general & admin | $77.00M | $61.00M | $76.00M | $73.00M | $63.00M | +26.2% |
| Total operating expense | $76.00M | $86.00M | $104.00M | $63.00M | $60.00M | -11.6% |
| Operating income | $188.00M | $107.00M | $23.00M | $153.00M | $86.00M | +75.7% |
| Net interest income | -$30.00M | -$32.00M | -$29.00M | -$30.00M | $29.00M | +6.3% |
| Pre-tax income | $241.00M | $150.00M | $152.00M | $138.00M | $142.00M | +60.7% |
| Tax provision | $67.00M | -$66.00M | -$10.00M | $115.00M | $103.00M | +201.5% |
| Net income | $172.00M | $214.00M | $161.00M | $23.00M | $40.00M | -19.6% |
| Net income to common | $172.00M | $214.00M | $161.00M | $23.00M | $40.00M | -19.6% |
| Basic EPS | 2.50 | 4.00 | 2.50 | 0.50 | 0.00 | -37.5% |
| Diluted EPS | 2.50 | 4.00 | 2.50 | 0.50 | 0.00 | -37.5% |
| EBIT | $289.00M | $187.00M | $195.00M | $190.00M | $200.00M | +54.5% |
| EBITDA | $289.00M | $309.00M | $304.00M | $190.00M | $200.00M | -6.5% |
| Basic shares | 53.60M | 54.40M | 54.64M | 46.00M | 54.40M | -1.5% |
| Diluted shares | 53.60M | 54.40M | 54.64M | 46.00M | 54.40M | -1.5% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $979.00M | $236.00M | $725.00M | $411.00M | $161.00M | +314.8% |
| Cash & short-term investments | $1.28B | $677.00M | $1.09B | $881.00M | $879.00M | +89.2% |
| Accounts receivable | $948.00M | $410.00M | $355.00M | $414.00M | $382.00M | +131.2% |
| Inventory | $283.00M | $226.00M | $222.00M | $232.00M | $227.00M | +25.2% |
| Total current assets | $2.51B | $1.86B | $1.99B | $1.95B | $1.76B | +35.0% |
| Property, plant & equipment | $3.50B | $3.41B | $3.34B | $3.10B | $2.93B | +2.6% |
| Goodwill & intangibles | $87.00M | $88.00M | $89.00M | $89.00M | $92.00M | -1.1% |
| Total assets | $7.75B | $7.02B | $6.59B | $6.24B | $6.12B | +10.4% |
| Total current liabilities | $690.00M | $912.00M | $639.00M | $727.00M | $651.00M | -24.3% |
| Current debt | $25.00M | $39.00M | $48.00M | $282.00M | $222.00M | -35.9% |
| Long-term debt | $2.58B | $1.84B | $1.84B | $1.47B | $1.37B | +39.9% |
| Total debt | $2.60B | $1.91B | $1.93B | $1.80B | $1.61B | +36.1% |
| Total liabilities | $3.71B | $3.23B | $2.99B | $2.79B | $2.63B | +14.9% |
| Retained earnings | $456.00M | $639.00M | $351.00M | $182.00M | $188.00M | -28.6% |
| Shareholder equity | $4.03B | $3.78B | $3.60B | $3.43B | $3.48B | +6.6% |
| Working capital | $1.82B | $949.00M | $1.35B | $1.22B | $1.11B | +92.0% |
| Net tangible assets | $3.94B | $3.69B | $3.51B | $3.34B | $3.39B | +6.8% |
| Shares issued | 1.34B | 1.36B | 1.36B | 1.36B | 1.36B | -1.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $174.00M | $216.00M | $162.00M | $23.00M | $39.00M | — | -19.4% |
| Depreciation & amortisation | — | $122.00M | $109.00M | $124.00M | $97.00M | $84.00M | — |
| Change in working capital | -$71.00M | -$478.00M | $116.00M | $68.00M | -$142.00M | — | +85.1% |
| Operating cash flow | $214.00M | -$233.00M | $288.00M | $343.00M | $57.00M | — | +191.8% |
| Capital expenditure | -$253.00M | -$265.00M | -$242.00M | -$307.00M | -$282.00M | — | +4.5% |
| Investing cash flow | -$143.00M | -$203.00M | -$33.00M | -$200.00M | -$125.00M | — | +29.6% |
| Share buybacks | — | — | -$31.00M | -$16.00M | — | — | — |
| Dividends paid | $0 | $0 | -$1.00M | $0 | $0 | — | — |
| Financing cash flow | $672.00M | -$53.00M | $59.00M | $107.00M | -$132.00M | — | +1,367.9% |
| Free cash flow | -$39.00M | -$498.00M | $46.00M | $36.00M | -$225.00M | — | +92.2% |
| End cash position | $979.00M | $236.00M | $725.00M | $411.00M | $161.00M | — | +314.8% |
Options analytics
Put / call volume
1.60
Put-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
40.00
-50.9% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
25
Contracts, this expiry
Put volume
40
Contracts, this expiry
Heaviest call OI
40.00
0 contracts
Heaviest put OI
70.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 2.52 | 3.20 | +27.0% |
| Mar 2026 | 1.63 | 3.90 | +139.9% |
| Dec 2025 | 1.33 | 3.00 | +125.3% |
| Sep 2025 | 1.75 | 2.01 | +15.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 2.50 | 3 | $1.27T | +58.8% |
| Next quarter | 1.55 | 3 | $1.13T | +59.4% |
| Current year | 10.62 | 9 | $3.97T | +41.6% |
| Next year | 11.74 | 9 | $4.53T | +14.0% |
Analyst targets & ownership
Mean target$121.09
High target$160.00
Low target$100.00
Implied upside48.61%
Analyst count11
ConsensusNONE
Strong buy / Buy2 / 7
Hold2
Sell / Strong sell0 / 0
Held by insiders4.66%
Held by institutions9.69%
Institutions holding116
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
78.19
+4.20% from price
SMA 20
81.38
+0.13% from price
SMA 50
82.06
-0.71% from price
SMA 100
82.79
-1.58% from price
SMA 200
83.18
-2.04% from price
EMA 12
79.38
+2.64% from price
EMA 26
80.66
+1.01% from price
EMA 50
81.63
-0.19% from price
RSI (14)
52.4
Neutral
MACD (12,26,9)
-1.28
Hist -0.07
ATR (14)
2.41
2.95% of price
Realised vol 30D
28.6%
Annualised
Bollinger upper
89.12
20, 2σ
Bollinger lower
73.63
20, 2σ
50 / 200 cross
Death
82.06 vs 83.18
Trend bias
Below 200
-2.04%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.70
Less volatile than market
Correlation to SPY
0.22
Largely independent
Realised vol 30D
28.6%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-18.4%
Peak to trough
Max drawdown 5Y
-40.4%
Peak to trough
ATR 14
2.41
2.95% of price
Beta (reported)
-0.24
5Y monthly, from filing
Short interest
Shares short
367.05K
Prior 217.24K
Change vs prior
+69.0%
Shorts adding
% of float
1.26%
Normal
% of shares out
0.68%
Against total outstanding
Days to cover
1.9
Liquid
Float
23.97M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 1, 26 | JP Morgan | MAINTAINED | Neutral | Neutral |
| Jun 1, 26 | JP Morgan | MAINTAINED | Neutral | Neutral |
| Mar 12, 26 | HSBC | UPGRADE | Hold | Buy |
| May 19, 25 | Citigroup | MAINTAINED | Neutral | Neutral |
| Jan 10, 25 | JP Morgan | MAINTAINED | Neutral | Neutral |
| Oct 30, 24 | JP Morgan | MAINTAINED | Neutral | Neutral |
| Sep 25, 24 | JP Morgan | MAINTAINED | Neutral | Neutral |
| Sep 11, 24 | B of A Securities | MAINTAINED | Buy | Buy |
| Jul 3, 24 | Citigroup | UPGRADE | Neutral | Buy |
| May 28, 24 | JP Morgan | MAINTAINED | Neutral | Neutral |
| May 21, 24 | HSBC | UPGRADE | Reduce | Hold |
| Apr 17, 24 | Citigroup | MAINTAINED | Neutral | Neutral |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend dateJan 11, 2011
Next pay date—
Last split—
Split date—
SEC filings
Specialized Disclosure Report filed pursuant to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act relating to the use of conflict minerals (Rule 13p-1)
SD · 2026-09-25
Corporate Changes & Voting Matters
6-K · 2026-09-08
Corporate Changes & Voting Matters
6-K · 2026-08-11
Corporate Changes & Voting Matters
6-K · 2026-08-05
Corporate Changes & Voting Matters
6-K · 2026-08-04
Corporate Changes & Voting Matters
6-K · 2026-07-31
Corporate Changes & Voting Matters
6-K · 2026-07-21
Corporate Changes & Voting Matters
6-K · 2026-07-17
Headlines
Pampa Energía (PAM) Weighs a 500-MW Data Center. Can It Justify Nearly $900M in Power Infrastructure?
Insider Monkey · 27d ago
Pampa Energia Q2 Earnings Call Highlights
MarketBeat · 59d ago
Pampa Energia SA (PAM) (Q2 2026) Earnings Call Highlights: Record Production and Strategic ...
GuruFocus.com · 61d ago
Pampa: Q2 Earnings Snapshot
Associated Press · 63d ago
Pampa Energía announces six-month period and second quarter 2026 results
PR Newswire · 63d ago
TECNIMONT (MAIRE) AWARDED ENGINEERING, PROCUREMENT, COMMISSIONING AND START-UP ACTIVITIES FOR A LARGE-SCALE FERTILIZER COMPLEX IN ARGENTINA
PR Newswire · 77d ago
TECNIMONT (MAIRE) AWARDED ENGINEERING, PROCUREMENT, COMMISSIONING AND START-UP ACTIVITIES FOR A LARGE-SCALE FERTILIZER COMPLEX IN ARGENTINA
PR Newswire · 77d ago
TECNIMONT (MAIRE) AWARDED ENGINEERING, PROCUREMENT, COMMISSIONING AND START-UP ACTIVITIES FOR A LARGE-SCALE FERTILIZER COMPLEX IN ARGENTINA
CNW Group · 77d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
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