Dec 31, 2024

Pampa Energia Q4 2024 Earnings Report

Pampa Energía reported strong revenue growth and a return to profitability in Q4 2024.

Key Takeaways

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.

Revenue grew 20% year-over-year to $435 million in Q4 2024.

Net income reached $106 million, reversing a $155 million loss from Q4 2023.

Adjusted EBITDA increased 60% to $182 million.

Net debt was reduced to $410 million, the lowest since 2016.

Total Revenue
$435M
Previous year: $381M
+14.3%
EPS
$0.5
Previous year: -$2.9
-117.2%
Adjusted EBITDA
$182M
Previous year: $114M
+59.6%
Gross Margin per MWh
$22.8
Previous year: $21
+8.6%
Gross Profit
$597M
Previous year: $129M
+362.9%
Cash and Equivalents
$738M
Previous year: $834M
-11.6%
Total Assets
$6.35B
Previous year: $4.72B
+34.4%

Pampa Energia

Pampa Energia

Forward Guidance

Pampa Energía expects continued growth in its power and gas segments, supported by operational efficiencies and an improved pricing environment.

Positive Outlook

  • Strong performance in power generation and gas production.
  • Improved profitability driven by cost efficiencies and higher sales.
  • Increased contributions from renewable energy projects.
  • Continued reduction in net debt, strengthening financial position.
  • Strategic investments in energy infrastructure to support future growth.

Challenges Ahead

  • Challenges in the industrial gas sector due to lower demand.
  • Declining petchem prices impacting segment revenue.
  • Potential regulatory uncertainties in the energy sector.
  • Foreign exchange fluctuations affecting financial performance.
  • Higher operating costs partially offsetting revenue gains.