Pampa Energía S.A.

Pampa Energía Q3 Net Income Hits US$129M, Sixfold Year-on-Year

Buenos Aires – November 02, 2026 -- Pampa Energía's third-quarter net income attributable to shareholders reached US$129 million, six times the Q3 2025 level, as lower deferred income tax expense and improved operating margins outweighed reduced FX gains.

Sales rise 34% to US$790 million on wholesale market normalization

Q3 2026 sales grew 34% year-on-year. The normalization of the Wholesale Electricity Market (WEM) supported higher spot energy prices and B2B sales. Gas sales to the company's combined-cycle plants also increased, as did crude oil sales and Reformer prices.

Lower gas deliveries under the Plan Gas GSA and to industrial customers, together with the impact of crude oil hedges, partially offset these gains. Sales exclude the affiliates CTBSA, Transener and TGS.