Citi maintains buy ratings on Argentina power firms amid sector shifts

Pampa Energia ADR (NYSE: PAM) reported Q3 EPS of $0.10, missing estimates by $2.40, and revenue of $790M, below the $841.7M consensus. The stock is down 15.78% over 3 months and 21.22% over 12 months. InvestingPro rates its financial health as 'good performance'.

Pampa Energía S.A. reported Q3 2026 sales of $790M, a 34% year-over-year increase, with adjusted EBITDA up 23% to $398M and net income at $129M, six times higher than Q3 2025. The company attributed growth to improved power-market conditions and operating margins.

Pampa Energía reported Q3 2026 sales of $790M, up 34% YoY, driven by higher energy prices and sales. Adjusted EBITDA rose 23% to $398M, while net income surged to $129M. Net debt increased to $1.731B due to capital expenditures and hedging. Key operational metrics showed mixed results, with oil production up 28% and gas down 6%.

Pampa Energy Inc. (PAM) furnished an SEC Form 6-K — earnings release. Pampa Energía, an independent energy company with active participation in the A rgentine oil, gas and electricity, announces the results for the nine-month period and quarter ended on September 30, 2026. Stock information Buenos Aires, November 2, 2026 Basis of presentation Pampa

Central Puerto, Argentina's largest private electricity generator, sold its 9.9% stake in AbraSilver for US$163.1 million, a 6.4x gain on its US$25.5 million investment. The proceeds will be distributed as a special dividend. The sale is unrelated to RIGI tax benefits, according to the company. Shares fell 7.04% on the dividend record date. Central Puerto trades in Buenos Aires and New York.

Central Puerto (CEPU) declared a cash dividend of ARS 164 per share, equivalent to $247.34B, payable on September 25, 2026. Shareholders of record on September 18, 2026, are eligible. Foreign shareholders can opt for USD payment, subject to conditions.