- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI Summary - About
Pampa Energia SA ADR(PAM)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Advisory Performance History (Simulated)
Upturn Advisory & Investor View for PAM
10/27/2026: PAM (1-star) is currently NOT-A-BUY. Pass it for now.
Pampa Energia SA is a prominent integrated energy firm operating in Argentina, spanning power generation, transmission, and oil and gas production. The company is known for its vertical integration, which provides efficiency by fueling its power plants with its own natural gas. Its primary investment story centers on the development of unconventional resources in the Vaca Muerta basin and potential export growth. However, investors must weigh these strengths against significant risks, including Argentine macroeconomic volatility, regulatory uncertainty, and political sensitivity. Pampa may suit investors comfortable with higher-risk, growth-oriented emerging market exposure, provided they closely monitor domestic economic developments and energy policy shifts.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Offers exposure to shale production growth but carries significant geopolitical risk. |
| Momentum investor | Strong fit while signal remains positive | The stock can exhibit strong momentum when Argentine market sentiment and commodity prices align. |
| Value investor | Strong fit | Often trades at a valuation discount relative to international energy peers due to local market risks. |
| Dividend investor | Mixed fit | Dividends are available but are secondary to capital return strategies like share buybacks. |
| Low-risk investor | Weak fit | High volatility associated with emerging market risks makes it unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock price is highly sensitive to macroeconomic and political shifts in Argentina. |
| Valuation risk | Medium | While value is often attractive, valuation is heavily discounted due to the inherent country risk. |
| Competition risk (energy sector competition) | Medium | Competition from state-backed and international energy firms for resources and grid access is intense. |
| Business quality | Medium / high | The business model is strong and integrated, though operational constraints exist. |
| Dividend income | Medium | Dividends are not the sole focus and can fluctuate based on capital allocation choices. |
| Execution risk | Medium | Operating complex energy assets in a challenging economic climate requires high-level management. |
Price Behavior

Rolling Over
The price momentum is slowing down and beginning to turn downward.

Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit -11.86% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Advisory Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals 
Financial Health Rating 
Growth Momentum Score 
Ownership 
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue) 
Economic Dimensions
Quantitative Style Profile 
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.11B USD | Price to earnings Ratio 6.97 | 1Y Target Price 120.64 |
Price to earnings Ratio 6.97 | 1Y Target Price 120.64 | ||
Volume (30-day avg) 155.7K shares | Beta -0.24 | 52 Weeks Range 69.34 - 94.50 | Updated Date 10/27/2026 |
52 Weeks Range 69.34 - 94.50 | Updated Date 10/27/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 11 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Electricity Generation | Thermal, hydro, and wind plants; energy sales to the wholesale market. | Selling power is a core revenue stream that provides steady cash flow. |
| Oil & Gas Production | Exploration and extraction of gas and oil, primarily in the Vaca Muerta basin. | This is the primary growth engine leveraging Argentina's abundant unconventional reserves. |
| Geography | Operations located exclusively in Argentina. | You are making a direct bet on the energy sector and economic health of Argentina. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2026-11-02 | When After Market | Estimate 2.29 | Actual - |
Profitability
Profit Margin 23.58% | Operating Margin (TTM) 25.6% |
Management Effectiveness
Return on Assets (TTM) 4.21% | Return on Equity (TTM) 15.26% |
Valuation
Trailing PE 6.97 | Forward PE 6.68 | Enterprise Value 5.92B | Price to Sales(TTM) 1.7 |
Enterprise Value 5.92B | Price to Sales(TTM) 1.7 | ||
Enterprise Value to Revenue 2.45 | Enterprise Value to EBITDA 6.88 | Shares Outstanding 53.60M | Shares Floating 24.94M |
Shares Outstanding 53.60M | Shares Floating 24.94M | ||
Percent Insiders 4.67 | Percent Institutions 9.64 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.

