Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-a ...

I T r 習題 TOTAL Ch l 017 I H 下 @ yangna This article analyzes Pampa Energia's (NYSE:PAM) (OTCPK:PPENF) 2Q24 results and earnings call. It also reviews the company's valuation and my rating from a Hold in my last article (and consistently since January 2022). The company's operations were marked by little changes, which was in line with expectations from previous articles of stagnation in most of its segments. The two most important developments were tariff adjustments to its equity holdings Transener and TGS ...

August 8, 2024 10 AM EST/11 AM ART Q2 2024 results videoconference We are environmentally friendly Be GREEN, keep it on SCREEN Pampaenergía Disclaimer The material that follows is a presentation of general background information about Pampa Energia S.A.("Pampa" or the "Company") as of the date of the resentation. It is information in summary form and does not purport to be complete. It is not intended to be relied upon as advice to potential investors. This presentation is strictly confidential and may not ...

Pampa Energía S.A. (NYSE:PAM) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Raquel Cardasz - IR Lida Wang - IR & Sustainability Officer Nicolas Mindlin - CFO Horacio Turri - Head, Exploration & Production Conference Call Participants Raquel Cardasz [Starts Abruptly] that this event is being recorded. All participants will be in listen-only mode during the presentation. After the company's remarks, there will be a Q&A session. Questions can only be submitted in writing thro ...

Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements. The upgrade of Pampa to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the ...

Ad Hoc Announcement Pursuant to Art. 53 LR Geneva, Switzerland, July 15, 2024 - Addex Therapeutics (SIX: ADXN and Nasdaq: ADXN), a clinical-stage biopharmaceutical company focused on developing a portfolio of novel small molecule allosteric modulators for neurological disorders, announced today that positive results from the Company's novel gammaaminobutyric acid sub-type B receptor (GABAB) positive allosteric modulator (PAM) chronic cough program will be presented during the Thirteenth London International ...

Footnote 1: 650 Group: AEC Quarterly Market and Long-Term Forecast Report, June 2024. SOURCE Marvell SANTA CLARA, Calif., June 27, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today introduced the Marvell® Alaska® A 1.6T PAM4 DSP for active electrical cables (AECs), the industry's first 1.6 Tbps AEC DSP to address emerging 200G/lanebased accelerated infrastructure architectures. Artificial intelligence (AI) and machine learning (ML) a ...

Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large. Investors should also recognize that PAM has a P/B ratio of 0.82. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liab ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued ...

Financial Data and Key Metrics - Adjusted EBITDA for the quarter was $189 million, an 8% decrease YoY due to CAMMESA's payment haircut, lower gas exports, and a drop in petrochemical and energy spot prices [1] - CapEx in Q1 decreased by 36% YoY, primarily due to reduced shale gas activity and the divestment of PEPE 6, partially offset by the shale oil pilot plan in Rincon de Aranda [2] - Free cash outflow in Q1 was $187 million, driven by increased working capital due to CAMMESA payment delays, which rose from 73 to 89 days [52] - Net cash increased by $11 million in the quarter, achieving an $845 million cash position by the end of March [19] Business Line Data and Key Metrics - Gas production increased by 31% YoY and 32% QoQ, averaging almost 12 million cubic meters per day, driven by local demand [49] - E&P business posted an adjusted EBITDA of $70 million in Q1, a 14% increase YoY, driven by higher domestic gas demand and hot weather [15] - Power generation segment posted an adjusted EBITDA of $85 million in Q1, a 22% decrease YoY, impacted by CAMMESA's January invoice impairment and peso devaluation [45] - Petrochemicals business posted $11 million of EBITDA in Q1, a 58% growth YoY, driven by higher sales in the reformer and lower costs due to FX [51] Market Data and Key Metrics - Average gas price for the quarter stood at $3.2 per million BTU, an 18% decrease due to lower exports in volume and price to Chile [16] - Domestic gas sales were above take or pay levels, although exports to Chile struggled but improved compared to Q4 [47] - The winter season began in May, and the company is hitting peak production soon [47] Company Strategy and Industry Competition - The company is focusing on shale gas production, which represented 40% of total output this quarter, a significant increase compared to last year's 14% [43] - The company is awaiting final resolution on CAMMESA payments and analyzing the course of action [6] - The company is optimistic about the development of Rincon de Aranda, with initial production of over 1,300 barrels per day and plans to drill and complete two pads by the end of 2024 [24][85] Management Commentary on Operating Environment and Future Outlook - Management highlighted the impact of CAMMESA's payment delays on working capital and the need for current and on-time payments going forward [39] - The company is optimistic about reaching an agreement with the government on CAMMESA payments, with minor improvements expected [82] - Management expects to see lower CapEx in the future, particularly in natural gas, due to the excellent productivity of recent wells [100] Other Important Information - The company collected $45 million in dividends from OCP, a co-controlled oil pipeline company in Ecuador [19] - The company issued new debt to cover increased working capital, taking advantage of local market conditions [53] - The company has a solid financial position with no significant debt maturities until 2027 [109] Q&A Session Summary Question: Update on CAMMESA payments and potential bond - The company is awaiting final resolution on CAMMESA payments and analyzing the course of action, with a potential 40-50% haircut on receivables [6][39][82] Question: Update on Rincon de Aranda block performance - The Rincon de Aranda 2001 well was extremely successful, with initial production of almost 1,400 barrels per day and plans to drill and complete two pads by the end of 2024 [24][85] Question: Impact of CAMMESA issues on capital allocation - The company does not see any relationship between CAMMESA issues and investments in oil, with plans to drill and complete two pads in Rincon de Aranda [85] Question: Update on Nestor Kirchner pipeline status - The Nestor Kirchner pipeline increased evacuation capacity from the Neuquen Basin, with further capacity increases expected once compression plants are completed [86] Question: Outlook for petrochemical business sales - The petrochemical business has two parts: the reformer, driven by international prices, and the credit cost, dependent on domestic economic activity [94] Question: Potential for lower lifting costs in shale oil - The company sees the possibility of significantly lowering shale oil lifting costs once final facilities are in place [112] Question: Potential for dividend distribution - The company has not taken a decision on dividend distribution, focusing on maintaining a strong financial position and pursuing M&A opportunities [111]