Pampa Energia SA ( (PAM) ) just unveiled an announcement.
In 2024, Pampa Energía S.A. made significant strides in its operations, particularly with the development of the Rincón de Aranda block in Vaca Muerta, which exceeded production expectations. The company also announced its participation in the Vaca Muerta Sur oil pipeline project and the FLNG Project for gas liquefaction, marking strategic investments that enhance its infrastructure and production capabilities. These initiatives are expected to boost Pampa’s oil and gas output and position Argentina as a major energy supplier. Additionally, Pampa improved its financial standing by issuing international bonds, reducing its net debt, and maintaining high operational efficiency, further solidifying its market position.
More about Pampa Energia SA
Pampa Energía S.A. is a leading energy company in Argentina, primarily engaged in the oil and gas industry, as well as electricity generation. The company focuses on the development of energy resources, including shale oil and gas, and is actively involved in renewable energy projects, positioning itself as a key player in the Argentine energy sector.
YTD Price Performance: -19.71%
Average Trading Volume: 260,938
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.7B
See more insights into PAM stock on TipRanks’ Stock Analysis page.
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