2024-03-21 08:00:05 ET
Summary
- Pampa Energia is an integrated Argentinian energy market player involved in natural gas, energy generation, and petrochemicals.
- The company's forecasted operating income ranges for each segment are still valid, but there is an increase in operating expenses that could impact profitability long-term.
- PAM's segments, including natural gas, generation, and petrochemicals, have limitations and are not expected to experience significant growth.
Pampa Energia ( PAM ) is an integrated Argentinian energy market player participating in natural gas E&P, energy generation across thermal, renewables and hydro, and petrochemicals.
In my latest article from December 2023 , I rated PAM as a Hold based on the natural gas's structural limitations and rigidity in the energy generation segment....
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For further details see:
Pampa Energia's Q4 Decoded, Still A Hold