Pampa Energía, an independent company with active participation in the Argentine electricity and gas value chain, announces the results for the quarter ended on March 31, 2024. Stock information Basis of presentation Pampa’s financial information adopts US$ as functional currency, converted into AR$ at transactional FX. However, Transener and TGS adjust their figures for inflation as of March 31, 2024, which are expressed in US$ at the period’s closing FX. The previously reported figures remain unchanged. Q ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Commission File Number: 001-34429 PAMPA ENERGÍA S.A. (Exact name of registrant as specified in its charter) Pampa Energy Inc. (Translation of registrant’s name into English) Argentina (Jurisdiction of incorporation or organization) Maipú 1 C1084ABA, City of Buenos Aires Argentina (Address of principal ...

Free translation from the original prepared in Spanish for publication in Argentina CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2023 AND 2022 FOR THE YEARS ENDED DECEMBER 31, 2023, 2022 AND 2021 (In millions of Argentine Pesos ("$")) Free translation from the original prepared in Spanish for publication in Argentina Audit report issued by independent auditors To the Board of Directors and Shareholders of Pampa Energía S.A. Legal address: Maipú, 1 Autonomous City of Buenos Aires Tax Code No.: 30-526 ...

Pampa Energía S.A. (NYSE:PAM) Q4 2023 Earnings Conference Call March 7, 2024 10:00 AM ET Company Participants Raquel Cardasz - IR Lida Wang - Head, IR & Sustainability Gustavo Mariani - CEO Nicolás Mindlin - CFO Horacio Turri - Head, Exploration & Production Conference Call Participants Raquel Cardasz Good morning everyone and thank you for waiting. I'm Raquel Cardasz from IR, and we would like to welcome everyone to Pampa Energía's Fourth Quarter 2023 Results Video Conference. We would like to inform you t ...

Free translation from the original prepared in Spanish for publication in Argentina UNAUDITED CONSOLIDATED CONDENSED INTERIM FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2023 AND FOR THE NINE AND THREE-MONTH PERIODS THEN ENDED PRESENTED IN COMPARATIVE FORMAT Free translation from the original prepared in Spanish for publication in Argentina REPORT ON REVIEW OF THE CONSOLIDATED CONDENSED INTERIM FINANCIAL STATEMENTS To the Shareholders, President and Directors of Pampa Energía S.A. Legal address: Maipú, 1 Autono ...

Pampa Energia SA (NYSE:PAM) Q3 2023 Earnings Conference Call November 9, 2023 10:00 AM ET Company Participants Conference Call Participants We would like to welcome everyone to Pampa EnergÃa's Third quarter 2023 Results Video Conference. We inform you that this event is being recorded. [Operator Instructions]. Before proceeding, please read the disclaimer on the second page of our presentation. Let me mention that forward-looking statements are based on Pampa EnergÃa's management beliefs and assumptions and ...

Financial Data and Key Metrics - Adjusted EBITDA for Q2 2023 was $222 million, down 13% YoY due to soft domestic demand, lower commodity prices, and Peso depreciation, but up 8% QoQ due to winter season and PPAs [3] - 87% of Q2 EBITDA was dollar-linked, with Power and E&P contributing almost equally, though oil and gas led due to petchem and TGS [4] - CapEx in Q2 increased by 59% YoY, driven by PEPE VI wind farm construction and E&P shale drilling, partially offset by PEPE IV commissioning [4] - Free cash flow in Q2 was $44 million, impacted by expansionary CapEx and higher debt service, but improved working capital due to better collection days [19] - Net cash flow for the quarter was $103 million, ending with a cash position of $872 million [20] Business Line Data and Key Metrics Power Generation - Adjusted EBITDA for power generation was $98 million in Q2, flat YoY but down 9% QoQ due to Peso depreciation, thermal outages, and lower demand, offset by wind farms and Barragan's PPA [5] - Q2 dispatch rose 17% YoY, driven by Barragan, new CCGT, and wind farms, but offset by lower dispatch at other plants due to reduced national power demand [6] - Availability for take-or-pay capacity payments reached 95%, below last year's 98%, but above the increased availability of 74% [7] - PEPE IV wind farm was fully commissioned in mid-June, adding 81 MW of green capacity, with PEPE VI 17% advanced and expected COD in Q3 and Q4 of next year [8][9] E&P (Exploration and Production) - Adjusted EBITDA for E&P was $97 million in Q2, down 4% YoY but up 58% QoQ, driven by gas seasonality [11] - Total production averaged 67,000 BOE per day, up 4% YoY, with crude oil representing 8% of production but 17% of segment revenue due to increased exports [12] - Gas sales grew 4% YoY, averaging 10.6 million cubic meters per day, driven by exports to Chile and higher demand from CAMMESA [14] - Lifting costs grew 50% YoY and 7% QoQ, but productivity from new wells slowed the growth rate to 11% YoY and 9% QoQ, with lifting costs at $6.5 per BOE [12] Petrochemicals - Petrochemical EBITDA was $10 million in Q2, down almost 50% YoY due to lower international prices and exports, but up 43% QoQ due to better prices and SBR demand [32] - Sales volume increased 17% YoY, driven by reforming products, with 41% of total sales volume exported [32] Market Data and Key Metrics - Gas exports to Chile were a significant driver, with Pampa authorized to export until April 2024, and potential for multi-year contracts in the future [52] - The Nestor Kirchner pipeline began operations, contributing to a record production of 16.5 million cubic meters per day, with 4.8 million cubic meters per day from Pampa [27][29] - Sierra Chata and El Mangrullo blocks showed strong performance, with Sierra Chata's daily production ranging from 750,000 to over 1 million cubic meters [17][18] Company Strategy and Industry Competition - The company is focusing on shale development, particularly in Vaca Muerta, with the acquisition of Rincon de Aranda aiming to replicate success in El Mangrullo [13] - Pampa is studying participation in a new tender for up to 3 GW of thermal capacity, prioritizing critical demand locations [10] - The company is diversifying its E&P segment, aiming to expand oil production through Rincon de Aranda, with a pilot plan starting in Q1 2024 and expected completion by end of 2025 [56] Management Commentary on Operating Environment and Future Outlook - Management highlighted the historic achievement of reaching record gas production levels, driven by the Nestor Kirchner pipeline and strong performance in Sierra Chata and El Mangrullo [27][29] - The company expects gas exports to Chile to remain a significant driver, with potential for multi-year contracts and increased regional demand [52] - Pampa is cautious about the macroeconomic environment in Argentina, particularly regarding the thermal power generation tender, due to uncertainties in the economic scenario [54] Other Important Information - The company raised $147 million net from local markets, contributing to a strong cash position and reduced leverage ratio [20][24] - Pampa is well-positioned for upcoming elections, with a strong balance sheet and diversified portfolio, minimizing potential risks from political uncertainty [80] Q&A Session Summary E&P Business - Q: What should be expected for Q3 gas volumes? A: Gas volumes are expected to remain strong, driven by exports to Chile and thermal generation demand, with record production levels achieved due to the Nestor Kirchner pipeline [26][27][29] Power Generation - Q: What caused the margin contraction in power generation? A: Margin contraction was due to Peso depreciation and lagging legacy capacity remuneration, partially offset by special prices for CCGTs [35][36][37] - Q: Will Pampa participate in the thermal power generation tender? A: The company is studying participation but remains cautious due to macroeconomic uncertainties [38][54] Financial Position - Q: Are there difficulties accessing dollars? A: Access to dollars has tightened, but critical imports for CapEx have not been significantly delayed [49] - Q: How was the $93 million bond repayment funded? A: The repayment was funded through $56 million of new debt, leveraging the 60-40 rule to access official FX [50] Rincon de Aranda Development - Q: What is the timeline and CapEx for Rincon de Aranda? A: The pilot plan will start in Q1 2024, with an estimated $200 million CapEx, aiming for plateau production of 20,000 barrels per day in a couple of years [42][56] Petrochemicals - Q: What drove the petrochemical EBITDA changes? A: Lower international prices and exports reduced EBITDA YoY, but better prices and SBR demand improved it QoQ [32] General Outlook - Q: How is Pampa preparing for upcoming elections? A: The company feels well-positioned with a strong balance sheet and diversified portfolio, minimizing risks from political uncertainty [80]

Free translation from the original prepared in Spanish for publication in Argentina UNAUDITED CONSOLIDATED CONDENSED INTERIM FINANCIAL STATEMENTS AS OF MARCH 31, 2023 AND FOR THE THREE-MONTH PERIOD THEN ENDED PRESENTED IN COMPARATIVE FORMAT Free translation from the original prepared in Spanish for publication in Argentina REPORT ON REVIEW OF THE CONSOLIDATED CONDENSED INTERIM FINANCIAL STATEMENTS To the President and Directors of Pampa Energía S.A. Legal address: Maipú, 1 Autonomous City of Buenos Aires Ta ...

Let's start with the quarter's figures and go straight to the adjusted EBITDA, which amounted to $206 million in the Q1, 8% less year-on-year mainly because of Barragán old PPA. PGS' lag tariffs and higher payroll in dollar terms, upset by the addition of PPAs and a solid power dispatch, better gas and spot prices plus Transener tariff increase. However, the EBITDA increased 12% quarter-on-quarter because of the PPA additions, Transener tariff and higher liquids margins in PGS upset by soft gas sales and lo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 Commission File Number: 001-34429 PAMPA ENERGÍA S.A. (Exact name of registrant as specified in its charter) Pampa Energy Inc. (Translation of registrant’s name into English) Argentina (Jurisdiction of incorporation or organization) Maipú 1 C1084ABA, City of Buenos Aires Argentina (Address of principal ...