Pampa Energia S.A. (PAM) Announces Approval of 14th Share Repurchase Program

Pampa Energía S.A. (NYSE:PAM) is one of the Best Electric Utility Stocks to Buy According to Analysts. On September 8, the company announced that its Board of Directors approved the 14^th Share Repurchase Program for up to US$100 million or 10% of the share capital, and a maximum price to be paid of US$60 per ADR, effective for 120 days. Pampa Energía S.A. (NYSE:PAM) recorded sales of US$486 million in Q2 2025, reflecting a decline of 3% YoY. This was due to the lower deliveries under the Plan Gas Long-term gas sale agreement and a drop in petrochemical and crude oil prices.

However, this was partially mitigated by the contributions from Parque Eólico Pampa Energía 6, increased spot energy prices, and higher export volumes of gas, crude, and reformer products. Pampa Energía S.A. (NYSE:PAM)’s net debt totaled US$712 million, demonstrating a net-debt to EBITDA ratio of 1.1x, mainly because of the higher working capital needs and continued investments in the development of Rincón de Aranda.

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Disclosure: None. This article is originally published at Insider Monkey.