Pampa Energia delivered a strong Q4 2025 performance with a 16% revenue increase and a 52% rise in net income. Growth was primarily driven by accelerated shale oil production at Rincón de Aranda and a new regulatory framework in the power generation segment, which improved spot remuneration for thermal units.

Pampa Energía's revenue increased by 20% year-over-year in Q4 2024, reaching $435 million. The company posted a net income of $106 million, a significant improvement from the $155 million loss in Q4 2023. Adjusted EBITDA rose by 60% to $182 million, driven by higher power generation, improved gas sales, and operational efficiencies. Net debt continued to decline, closing at $410 million, the lowest level since 2016.