- Argentina's Vaca Muerta formation is the world's second-largest shale gas deposit.
- Pampa Energia is a leading gas producer with interest over 8% of Vaca Muerta's shale gas acreage.
- Prices for unconventional gas soared +64% since last year thanks to a government incentive plan (Plan Gas.Ar) and Pampa is already increasing production +28%. This is not priced-in yet.
- A conservative valuation shows the company is undervalued by any metric and could have a potential upside of +300%.
For further details see:
Pampa Energia: A Bet On Vaca Muerta With +300% Upside