Pampa Energia(PAM) - 2023 Q1 - Earnings Call Transcript

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 ...