2024-03-07 16:21:08 ET
Pampa Energía S.A. (PAM)
Q4 2023 Earnings Conference Call
March 07, 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
Presentation
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 that this event is being recorded. All participants will be in a 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 form. [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 Energía's management beliefs and assumptions and information currently available to the company. They involve risks, uncertainties and assumptions, because they are related to future events that may or may not occur.
Investors should understand that general economic and industry conditions and other operating factors could also affect the future results of Pampa Energía and could cause results to differ materially from those expressed in such forward-looking statements.
Now I'll turn the video conference over to Lida. Please go ahead.
Lida Wang
Hello everybody. Thank you for joining us to this another new quarter. I will make a quick summary of Q4. You may find more details - in our earnings release, or financial statements. Today we have for the Q&A our CEO, Gustavo Mariani; our CFO, Nicolás Mindlin; our Head of E&P, Horacio Turri; our Head of Finance, [Pito Zulegoulas], so full team here.
Well, so let's quickly review 2023. This is another challenging year, but it did not prevent us from growing and delivering milestone. In 2023 we will reach again a new peak in gas production exceeding 16 million cubic meters per day. This is a remarkable 44% increase, compared to the 2022 record. Thanks to the new pipeline facilitating additional eastbound evacuation and our active campaign Vaca Muerta....
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Pampa Energía S.A. (PAM) Q4 2023 Earnings Call Transcript