Pampa Energía
| Sociedad Anónima | |
| Traded as |
BCBA: PAMP NYSE: PAM |
| Industry | Energy |
| Founded | 2005 |
| Headquarters | Buenos Aires, Argentina |
Key people |
Marcelo Mindlin (Chairman and CEO), Ricardo Torres (Executive Vice President), Gustavo Mariani (Executive Vice President), Damián Mindlin (Executive Vice President) |
| Products |
Oil, Natural Gas, Electric power, Styrenics |
| Services |
Electric power transmission Electricity distribution Gas transportation Gas midstream Oil transportation |
| Revenue |
 |
|
| |
Number of employees | 10,000 |
| Subsidiaries |
Edenor Transener TGS Petrolera Pampa Oleoductos del Valle Refinería del Norte |
| Website |
www |
Pampa Energía is the largest independent energy company in Argentina, with participation in the electricity and oil and gas value chain. The company was founded in 2005 and is headquartered in Buenos Aires.
Pampa is listed on the Buenos Aires Stock Exchange and is one of the Argentine companies with a greater weight on the Merval index (8.4667% as from January 1, 2018). Besides, Pampa is one of the Argentine companies with a greater weight on the MSCI Frontier Markets Index denominated in US$ (2.99% as of January 31, 2018).
Pampa has a Level II American Depositary Share (ADS) program listed in the New York Stock Exchange, and each ADS represents 25 common shares.
Core Businesses
In the electricity value chain, Pampa's power generation segment has an installed capacity of 3,871 MW, which represents 10% of Argentina’s installed capacity. 554 MW expansions are in the pipeline to be developed by the Company, increasing total installed capacity to 4,425 MW.[2] The power transmission segment is composed by Transener, company co-controlled by Pampa, which operates and maintains the Argentine high voltage transmission grid covering more than 14.5 thousand km of lines, as well as 6.2 thousand km of Transba high voltage lines. Transener transports 85% of the electricity in Argentina. The electricity distribution segment is composed of Edenor, the largest electricity distribution utility in Argentina, with 3 million customers and a concession area covering the Northern City of Buenos Aires and Northwestern Greater Buenos Aires.
Pampa started to develop gas usptream in 2009, with the creation of Petrolera Pampa. In 2016, Pampa enhanced their oil and gas segment by acquiring the Petrobras Argentina, which was formerly PeCom Energía and later the former Argentine subsidiary of Petrobras.[3] Pampa currently holds in their oil and gas segment both operated and not operated blocks in Neuquina, San Jorge and Noroeste Basin, which average production from Argentina amounted to 45.9 thousand barrels of oil equivalent per day, with operations in 11 production blocks and 924 productive wells (March 2018). In midstream, Pampa's assets are made up by their indirect interest in TGS, the country’s major gas transportation company, owning a 9,184 km-long gas pipeline network and a liquids processing plant, General Cerri, with an output capacity of 1 million tons per year. Moreover, Pampa co-control OldelVal, the crude oil main pipeline’s transportation company, that evacuates the oil produced at Neuquina Basin to Puerto Rosales (Bahía Blanca city harbor), as well as loading Plaza Huincul refinery, located in its footprint. In downstream, Pampa holds 28.5% direct interest in Refinor, which has a refinery with an installed capacity of 25.8 thousand oil barrels per day, 81 gas stations and a processing capacity of 390 thousand tonnes per year. Pampa also owns three high-complexity petrochemical plants producing styrene, SBR and polystyrene, with a domestic market share ranging between 90% and 100%.
References
- 1 2 "Pampa Energia S.A. announces the results for the fiscal year ended on December 31st, 2012". Bloomberg.
- ↑ "Corporate Profile - Pampa Energia". Pampa Energia. Retrieved 2018-07-28.
- ↑ ambito.com. "Pampa Energía oficializó compra de Petrobras Argentina". ambito.com (in Spanish). Retrieved 2018-07-28.