Record Gas Production
Reached a new all-time high in 2024 with a 21% growth in average gas output and an 80% increase since 2017, driven by top-performing wells in Vaca Muerta.
PEPE 6 Wind Farm Commissioned
Commissioned the PEPE 6 Wind Farm, adding 140 megawatts of clean energy, marking nearly a 50% growth since 2017 with a 95% availability rate in 2024.
EBITDA Growth
EBITDA grew 19% year-on-year and 29% compared to 2017, primarily from power and gas segments, contributing to a decrease in net debt to $410 million.
Strong Q4 Gas and Power Performance
Gas production rose 11% year-on-year in Q4, and power units recorded a 94% availability rate with improved PPA performance.
Successful Debt Management
Issued a $360 million international bond maturing in 2034, reducing net debt to $410 million, the lowest since 2016, with a net leverage ratio of 0.6 times.
Proven Reserves Increase
Total proven reserves rose 16% to 231 million barrels of oil equivalent, driven by increased activity in Sierra Chata and El Mangrullo.