# Pampa Energía S.A. share price today (Pampa Energía S.A., PAM)

> Pampa Energía S.A.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. PAM · Industrials · Conglomerates · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/pam

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## Key numbers

- Price: $68.51 (−20.2% in a year)
- P/E: 5.8×, over 1 year
- Revenue (Jun 2026): $746 M (+53.5% on a year ago)
- Profit (Jun 2026): $174 M (+346.2% on a year ago)
- Operating margin: 25.6% (+8.3 points on a year ago)
- ROE: 11%, FY25
- ROIC: 4.8%, against a 4.4% cost of capital: +0.4 points
- Profit that came in as cash: 137%, last 3 years

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Pampa Energía S.A. share price today? Pampa Energía S.A.'s share price was $68.51 at the close on 3 November 2026. It has been moving sideways for 8 weeks. That is 16.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between $69 and $91, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 14 weeks running. Over the last 10 years the share price moved +136% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 31 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Pampa Energía S.A. pay? Pampa Energía S.A. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Pampa Energía S.A. on? Pampa Energía S.A. is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Pampa Energía S.A. profitable? Pampa Energía S.A. earned $174 M of net profit in the Jun 2026 quarter, +346.2% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY25 profit was $378 M. Over 4 years profit has grown 12.3% a year on average. That is 23.3% of the quarter's revenue. The same quarter a year earlier earned $39.0 M. For the full year, FY25 profit was $378 M (−38.9% on the year before). Why profit moved: revenue changed +53.5% on a year earlier and the margin moved +8.3 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +88.8% and revenue +29.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Pampa Energía S.A. make, and is it growing? Pampa Energía S.A. reported $746 M of revenue in the Jun 2026 quarter, +53.5% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 4 years it has grown 7.3% a year on average. The last full year, FY25, came in at $2.0 B. The last four reported quarters add to $2.4 B. The quarterly figures for FY22, FY23 do not add up to the full-year total on file, so those quarters are left out of the charts and sums. FY25 revenue was $2.0 B, +6.5% on the year before. Recent pace: the last four quarters grew +29.5% on average, against 7.3% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every $100 of sales does Pampa Energía S.A. keep? Pampa Energía S.A.'s operating margin was 25.6% in the Jun 2026 quarter, 8.3 percentage points higher than the same quarter a year ago. Across 5 years it has been between 12.4% and 28.9%. The latest quarter is within that range. Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## Is Pampa Energía S.A.'s profit turning into cash? Over the last 3 years, 137% of Pampa Energía S.A.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $778 M of operating cash against $378 M of profit. After $993 M of spending on assets, free cash was −$215 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Pampa Energía S.A.'s cash go? Pampa Energía S.A. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $2.2 B on assets over the last 3 years. Averaged over those years that is 36.7% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $2.2 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Pampa Energía S.A.'s P/E ratio, and how does it compare with its own history? Pampa Energía S.A.'s P/E is 5.8×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −39.1% while the price moved −20.2%. The price did better than earnings, which pushed the multiple up within its own range. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Pampa Energía S.A. business getting better or worse? Pampa Energía S.A.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 7 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Pampa Energía S.A. earn on its capital? Pampa Energía S.A. earned a ROE of 11% in FY25. Its return on capital used (ROIC) is 0.4 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 18.9% net margin and 0.30× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 18.9% net margin × 0.30× asset turnover × 1.83× leverage (assets divided by equity) ≈ 10.4% on equity. The margin does most of the work; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 4.8% − 4.4% = +0.4 percentage points. The 4.4% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. ## Does Pampa Energía S.A. have too much debt? Pampa Energía S.A. has total debt of $2.6 B against shareholder equity of $4.0 B as of Jun 2026, so its debt is 0.65× its equity. Year by year, that ratio went from 0.81 in FY21 to 0.53 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Pampa Energía S.A. shareholding pattern? We have no ownership or short-position figures for Pampa Energía S.A., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 2.5 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Pampa Energía S.A. from balance-sheet trouble? For Pampa Energía S.A., the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Pampa Energía S.A. rank in its industry? 59.2 out of 100, rank 4 of 20 in Conglomerates, with 75% of the evidence available. Pampa Energía S.A. scores 59.2 out of 100 against the 20 companies it is compared with in Conglomerates, ranking 4. Earnings are strong; relative strength in its sector is -20.4% and the one-year return is -20.8%. The four parts add up to the total exactly: 25.7 + 15.2 + 14.9 + 3.4 = 59.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Pampa Energía S.A. compared with? Pampa Energía S.A. ranks 4 of 20 Conglomerates companies on the 4-Factor Sector Score, with 59.2 out of 100. 1. [RCM Technologies, Inc.](https://www.sectoralpha.in/us/stocks/rcmt) RCMT · leader · Too little evidence to rank firmly · 58% evidence 71.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.5/35 · Revenue n/a · Profit n/a · Operating margin change 2.9 points · 45% evidence Capital efficiency 19.7/25 · ROCE 31.5% · Operating margin 8.5% · 76% evidence Valuation 10.2/20 · P/E 11.8× · PEG n/a · 15% evidence Relative strength 18.3/20 · Lead over its industry 26.3% · Lead over S&P 500 24.1% · 1 year 73.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.5 + 19.7 + 10.2 + 18.3 = 71.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 2. [Valmont Industries, Inc.](https://www.sectoralpha.in/us/stocks/vmi) VMI · basing · Most evidence points up · 85% evidence 66.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.7/35 · Revenue 4.6% · Profit 100% · Operating margin change 2.2 points · 95% evidence Capital efficiency 20.1/25 · ROCE 22.2% · Operating margin 15.7% · 76% evidence Valuation 13.2/20 · P/E 17.1× · PEG 0.58 · 65% evidence Relative strength 7.2/20 · Lead over its industry -8.4% · Lead over S&P 500 -10.1% · 1 year 7.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 25.7 + 20.1 + 13.2 + 7.2 = 66.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Honeywell International Inc.](https://www.sectoralpha.in/us/stocks/hon) HON · quiet · Too little evidence to rank firmly · 56% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.2/35 · Revenue n/a · Profit n/a · Operating margin change 6.7 points · 39% evidence Capital efficiency 16.6/25 · ROCE 11.2% · Operating margin 16.9% · 76% evidence Valuation 9.3/20 · P/E 37.6× · PEG n/a · 15% evidence Relative strength 10.2/20 · Lead over its industry -4.5% · Lead over S&P 500 -6% · 1 year 10.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23.2 + 16.6 + 9.3 + 10.2 = 59.3 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. Pampa Energía S.A. this page PAM · quiet · Evidence leans up · 75% evidence 59.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.7/35 · Revenue 28.9% · Profit 29.2% · Operating margin change n/a · 67% evidence Capital efficiency 15.2/25 · ROCE 6.7% · Operating margin 45.1% · 76% evidence Valuation 14.9/20 · P/E 8.1× · PEG 0.27 · 65% evidence Relative strength 3.4/20 · Lead over its industry -20.4% · Lead over S&P 500 -21.4% · 1 year -20.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 25.7 + 15.2 + 14.9 + 3.4 = 59.2 · What this means: Earnings are strong; relative strength in its sector is -20.4% and the one-year return is -20.8%. 5. [Deluxe Corporation](https://www.sectoralpha.in/us/stocks/dlx) DLX · quiet · Evidence leans up · 81% evidence 56.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.2/35 · Revenue 0.2% · Profit 74.1% · Operating margin change 0.1 points · 83% evidence Capital efficiency 15.9/25 · ROCE 12.2% · Operating margin 12.2% · 76% evidence Valuation 15.5/20 · P/E 10.9× · PEG 0.23 · 65% evidence Relative strength 5.2/20 · Lead over its industry -13.6% · Lead over S&P 500 -15.1% · 1 year 6.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20.2 + 15.9 + 15.5 + 5.2 = 56.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [3M Company](https://www.sectoralpha.in/us/stocks/mmm) MMM · basing · Evidence leans up · 85% evidence 55.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.2/35 · Revenue 1.7% · Profit 4.8% · Operating margin change -0.7 points · 95% evidence Capital efficiency 18.9/25 · ROCE 18.3% · Operating margin 23.7% · 76% evidence Valuation 4.7/20 · P/E 23.9× · PEG 3.33 · 65% evidence Relative strength 16.2/20 · Lead over its industry 5.3% · Lead over S&P 500 3.9% · 1 year 7.4% · 100% evidence · 3 of 12 weeks ahead Exact sum: 15.2 + 18.9 + 4.7 + 16.2 = 55 · What this means: Relative strength against the index is 3.9%, and revenue and profit growth are weak. 7. [Tejon Ranch Co.](https://www.sectoralpha.in/us/stocks/trc) TRC · turning · Evidence leans down · 74% evidence 47.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.3/35 · Revenue 26.7% · Profit n/a · Operating margin change 51.2 points · 62% evidence Capital efficiency 7.4/25 · ROCE -0.1% · Operating margin 2.4% · 76% evidence Valuation 8.2/20 · P/E 83.6× · PEG 1.63 · 65% evidence Relative strength 8.7/20 · Lead over its industry -9.5% · Lead over S&P 500 -11.1% · 1 year 1.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23.3 + 7.4 + 8.2 + 8.7 = 47.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. Mammoth Energy Services, Inc. TUSK · quiet · Evidence leans down · 64% evidence 47.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.7/35 · Revenue 57.9% · Profit n/a · Operating margin change 45.2 points · 62% evidence Capital efficiency 4.0/25 · ROCE -8.1% · Operating margin -7.7% · 76% evidence Valuation 10.3/20 · P/E 11.5× · PEG n/a · 15% evidence Relative strength 15.5/20 · Lead over its industry 17.2% · Lead over S&P 500 14.7% · 1 year 59.9% · 100% evidence · 1 of 12 weeks ahead Exact sum: 17.7 + 4 + 10.3 + 15.5 = 47.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. DMC Global Inc. BOOM · turning · Evidence leans down · 64% evidence 47.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.2/35 · Revenue -4.7% · Profit n/a · Operating margin change -0.2 points · 62% evidence Capital efficiency 5.8/25 · ROCE -1.1% · Operating margin 3.5% · 76% evidence Valuation 11.3/20 · P/E -6.4× · PEG n/a · 15% evidence Relative strength 19.0/20 · Lead over its industry 28.5% · Lead over S&P 500 26.6% · 1 year 46.7% · 100% evidence · 2 of 12 weeks ahead Exact sum: 11.2 + 5.8 + 11.3 + 19 = 47.3 · What this means: Relative strength against the index is 26.6%, and revenue and profit growth are weak. 10. [NN, Inc.](https://www.sectoralpha.in/us/stocks/nnbr) NNBR · losing its lead · Evidence leans down · 61% evidence 46.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.4/35 · Revenue 4.8% · Profit n/a · Operating margin change 2.2 points · 62% evidence Capital efficiency 4.3/25 · ROCE -7.5% · Operating margin 0.8% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 15.9/20 · Lead over its industry 48.8% · Lead over S&P 500 45.3% · 1 year 124.1% · 100% evidence · 9 of 12 weeks ahead Exact sum: 16.4 + 4.3 + 10 + 15.9 = 46.6 · What this means: Relative strength against the index is 45.3%, and revenue and profit growth are weak. 11. [Compass Diversified](https://www.sectoralpha.in/us/stocks/codi) CODI · turning · Evidence leans down · 64% evidence 46.5 out of 100 Growth Capital Valuation Relative
12. [Otter Tail Corporation](https://www.sectoralpha.in/us/stocks/ottr) OTTR · quiet · Evidence leans down · 81% evidence 46.3 out of 100 Growth Capital Valuation Relative
13. [Boston Omaha Corporation](https://www.sectoralpha.in/us/stocks/boc) BOC · quiet · Evidence leans down · 64% evidence 44.9 out of 100 Growth Capital Valuation Relative
14. [FTAI Infrastructure Inc.](https://www.sectoralpha.in/us/stocks/fip) FIP · basing · Evidence leans down · 64% evidence 41.3 out of 100 Growth Capital Valuation Relative
15. [Seaboard Corporation](https://www.sectoralpha.in/us/stocks/seb) SEB · basing · Too little evidence to rank firmly · 58% evidence 40.9 out of 100 Growth Capital Valuation Relative
16. [Brookfield Business Corporation](https://www.sectoralpha.in/us/stocks/bbuc) BBUC · turning · Evidence leans down · 71% evidence 40.0 out of 100 Growth Capital Valuation Relative
17. [Falcon's Beyond Global, Inc.](https://www.sectoralpha.in/us/stocks/fbyd) FBYD · basing · Evidence leans down · 71% evidence 35.6 out of 100 Growth Capital Valuation Relative
18. [TETRA Technologies, Inc.](https://www.sectoralpha.in/us/stocks/tti) TTI · basing · Most evidence points down · 71% evidence 31.2 out of 100 Growth Capital Valuation Relative
19. [Matthews International Corporation](https://www.sectoralpha.in/us/stocks/matw) MATW · basing · Most evidence points down · 64% evidence 28.6 out of 100 Growth Capital Valuation Relative
20. [MaxsMaking Inc.](https://www.sectoralpha.in/us/stocks/mamk) MAMK · Too little evidence to rank firmly · 31% evidence 43.7 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Conglomerates](https://www.sectoralpha.in/us/sectors/conglomerates), all 20 compared on one page. ## Which companies are close to Pampa Energía S.A. in size? Pampa Energía S.A. is the 5th largest of 19 Conglomerates companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Honeywell International Inc., Valmont Industries, Inc. and Brookfield Business Corporation. Just below it: Otter Tail Corporation, Seaboard Corporation and Deluxe Corporation. ### Conglomerates companies close in size

1. [Honeywell International Inc.](https://www.sectoralpha.in/us/stocks/hon) $71.1 billion
2. [Valmont Industries, Inc.](https://www.sectoralpha.in/us/stocks/vmi) $8.4 billion
3. [Brookfield Business Corporation](https://www.sectoralpha.in/us/stocks/bbuc) $6.2 billion
4. Pampa Energía S.A. $4 billion
5. [Otter Tail Corporation](https://www.sectoralpha.in/us/stocks/ottr) $3.5 billion
6. [Seaboard Corporation](https://www.sectoralpha.in/us/stocks/seb) $3.3 billion
7. [Deluxe Corporation](https://www.sectoralpha.in/us/stocks/dlx) $1 billion

[All 19 Conglomerates companies, largest first](https://www.sectoralpha.in/us/sectors/conglomerates#all-companies)

### Companies close in size in other industries

1. [Banco Macro S.A.](https://www.sectoralpha.in/us/stocks/bma) $4 billion · Banks - Regional
2. [TransAlta Corporation](https://www.sectoralpha.in/us/stocks/tac) $4 billion · Utilities - Independent Power Producers
3. Pampa Energía S.A. $4 billion
4. [monday.com Ltd.](https://www.sectoralpha.in/us/stocks/mndy) $4 billion · Software - Application
5. [Scorpio Tankers Inc.](https://www.sectoralpha.in/us/stocks/stng) $4 billion · Oil & Gas Midstream

## What else do people ask about Pampa Energía S.A.? ### What were Pampa Energía S.A.'s latest quarterly results? Pampa Energía S.A. reported revenue of $746 M and net profit of $174 M for the Jun 2026 quarter. Revenue rose 53.5% and profit rose 346.2% compared with a year earlier. Earnings per share were $0.13. The operating margin was 25.6%, 8.3 percentage points higher than a year earlier (as of 3 November 2026). ### What is Pampa Energía S.A.'s market cap? Pampa Energía S.A.'s market capitalisation is $4.0 B at a stock price of $68.51. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Pampa Energía S.A. performing? Pampa Energía S.A.'s share price has been moving sideways for 8 weeks. In its latest quarter, revenue rose 53.5% and profit rose 346.2% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 14 weeks running (as of 3 November 2026). ### Will Pampa Energía S.A.'s stock price go up? This page does not forecast Pampa Energía S.A.'s stock price. What it shows instead: the stock price is $68.51, and it has been moving sideways for 8 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Does Pampa Energía S.A. have too much debt? Pampa Energía S.A. has a moderate amount of debt: its debt is 0.67× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Pampa Energía S.A. in its business cycle? Pampa Energía S.A.'s FY25 operating margin was 15.1%, against a 5-year range of 12.4% to 28.9%: the low end of its own range, which is often where recoveries start. The latest quarter was 25.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Pampa Energía S.A. story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Pampa Energía S.A. a stock worth studying right now? What the numbers show: Pampa Energía S.A.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.