Pampa Energía S.A. is the largest independent

energy company The energy industry is the totality of all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution. Modern society consumes large amounts of fuel, and the energy ind ...

in Argentina, with participation in the electricity and

oil An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated ...

and

gas Gas is one of the four fundamental states of matter (the others being solid, liquid, and plasma). A pure gas may be made up of individual atoms (e.g. a noble gas like neon), elemental molecules made from one type of atom (e.g. oxygen), or ...

value chain. It was founded in 2005 and is headquartered in

Buenos Aires Buenos Aires ( or ; ), officially the Autonomous City of Buenos Aires ( es, link=no, Ciudad Autónoma de Buenos Aires), is the capital and primate city of Argentina. The city is located on the western shore of the Río de la Plata, on South ...

. Pampa is listed on the

Buenos Aires Stock Exchange The Buenos Aires Stock Exchange (BCBA; es, Bolsa de Comercio de Buenos Aires) is the organization responsible for the operation of Argentina's primary stock exchange located at Buenos Aires CBD. Founded in 1854, it is the successor to the ''Banco ...

and is one of the Argentine companies with a greater weight on the Merval index (7.1809% as from January 1, 2019). Besides, Pampa is one of the Argentine companies with a greater weight on the

MSCI MSCI Inc. is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indexes, multi-asset portfolio analysis tools, ESG and climate products. It operates the MSCI World, MSCI ...

Argentina Index (10.77% as of January 31, 2019). Pampa has a Level II American Depositary Share (ADS) program listed in the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...

, and each ADS represents 25 common shares.

Core Businesses

In the electricity value chain, as of December 31, 2018 Pampa's power generation segment has an installed capacity of 3,871 MW, which represents 10% of Argentina's

installed capacity Nameplate capacity, also known as the rated capacity, nominal capacity, installed capacity, or maximum effect, is the intended full-load sustained output of a facility such as a power station,

. 504 MW expansions are in the pipeline to be developed by the Company, increasing total installed capacity to 4,375 MW. The power transmission segment is composed by

Transener Transener ( BCBATRAN is the leading Argentine company in the transmission of extra high voltage electric power. The company owns the national extra high voltage transmission network, comprising almost 8,800 kilometers (5,500 mi) of transmiss ...

, 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 Buenos Aires ( or ; ), officially the Autonomous City of Buenos Aires ( es, link=no, Ciudad Autónoma de Buenos Aires), is the capital and primate city of Argentina. The city is located on the western shore of the Río de la Plata, on South Am ...

and Northwestern Greater Buenos Aires. Pampa started to develop gas upstream in 2009, with the creation of Petrolera Pampa. In 2016, Pampa enhanced their oil and gas segment by acquiring the

Petrobras Argentina Petróleo Brasileiro S.A., better known by the portmanteau Petrobras (), is a state-owned Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil. The company's name translates to Brazilian Petrole ...

, which was formerly PeCom Energía and later the former Argentine subsidiary of Petrobras. 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 47 thousand barrels of oil equivalent per day, with operations in 11 production blocks and 869 productive wells (March 2019). In midstream, Pampa's assets are made up by their indirect interest in TGS, the country's major gas transportation company, owning a 9,231 km-long gas pipeline network and a liquids processing plant, General Cerri, with an output capacity of 1 million tons per year. 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 80% and 100%.

References

External links

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Investor Relations website
{{DEFAULTSORT:Pampa Energia Electric power companies of Argentina Companies based in Buenos Aires Energy companies established in 2005 2005 establishments in Argentina Companies listed on the New York Stock Exchange Companies listed on the Buenos Aires Stock Exchange Multinational companies headquartered in Argentina