Pampa Energía Proposes Key Financial Decisions Ahead of Shareholders’ Meeting

The latest update is out from Pampa Energia SA ( (PAM) ).

Pampa Energía S.A. held a Board meeting on March 10, 2025, to discuss proposals for the upcoming General Ordinary and Extraordinary Shareholders’ Meeting scheduled for April 7, 2025. The Board proposed the approval of the company’s financial statements for the fiscal year ending December 31, 2024, which showed a profit of Ps. 564,587 million. The Board recommended allocating the retained earnings of Ps. 766,073 million to a voluntary reserve, with no dividends expected to be declared. The funds will be used for business expansion, investment opportunities, and safeguarding shareholder interests amid market volatility. Additionally, the Board proposed the approval of director and supervisory committee fees for the fiscal year 2024, emphasizing alignment with market standards and company performance.

More about Pampa Energia SA

Pampa Energía S.A. is an Argentine company operating in the energy sector, primarily involved in the exploration and production of oil and gas, with a focus on projects in Vaca Muerta, particularly in Rincón de Aranda. The company is also engaged in generating and distributing electricity, positioning itself as a key player in Argentina’s energy market.

YTD Price Performance: -14.99%

Average Trading Volume: 264,541

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4.97B

See more insights into PAM stock on TipRanks’ Stock Analysis page.