Pampa Energia (PAM) has released an update.
Pampa Energia marked a banner year in 2023, investing a record $1.2 billion which bolstered Argentina’s energy sector through significant contributions to natural gas production and power generation. The company doubled its peak gas production in four years, initiated a pilot plan for shale oil production, and reinforced its leadership as Argentina’s largest independent power generator. In addition, Pampa Energia strengthened its financial position, achieving the lowest debt levels in five years and demonstrating strong liquidity with a 0.9x net debt ratio.
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