Key Points
- Insider Damian Mindlin bought 19,239 shares at an average of $66.93, a purchase worth about $1.29 million; his stake rose to 729,545 shares. He also bought 19,413 shares the prior day.
- Pampa Energia reported quarterly EPS of $2.41, beating the $2.29 consensus estimate, while revenue of $790 million came in below analyst expectations.
- Analysts’ consensus rating is Hold, with an average price target of $98.50; JPMorgan lowered its target from $105 to $100 while retaining a neutral rating.
Pampa Energia S.A. (NYSE:PAM - Get Free Report) insider Damian Mindlin acquired 19,239 shares of the stock in a transaction that occurred on Wednesday, November 4th. The shares were bought at an average price of $66.93 per share, with a total value of $1,287,666.27. Following the completion of the purchase, the insider owned 729,545 shares in the company, valued at $48,828,446.85. The trade was a 2.71% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Damian Miguel Mindlin also recently made the following trade(s):
- On Tuesday, November 3rd, Damian Mindlin bought 19,413 shares of Pampa Energia stock. The stock was bought at an average cost of $68.43 per share, for a total transaction of $1,328,431.59.
- On Monday, September 28th, Damian Mindlin bought 1,432,197 shares of Pampa Energia stock. The stock was bought at an average price of $3.89 per share, for a total transaction of $5,571,246.33.
Pampa Energia Stock Performance
PAM stock opened at $63.91 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 3.23 and a current ratio of 2.79. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of 5.10, a PEG ratio of 0.20 and a beta of 0.96. Pampa Energia S.A. has a 1 year low of $63.42 and a 1 year high of $94.50. The stock's fifty day moving average is $79.57 and its two-hundred day moving average is $82.23.
Pampa Energia (NYSE:PAM - Get Free Report) last announced its quarterly earnings results on Monday, November 2nd. The utilities provider reported $2.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.12. The company had revenue of $790.00 million during the quarter, compared to the consensus estimate of $805.46 million. Pampa Energia had a net margin of 25.84% and a return on equity of 17.37%. On average, research analysts predict that Pampa Energia S.A. will post 10.81 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the business. DGS Capital Management LLC grew its stake in shares of Pampa Energia by 16.6% in the first quarter. DGS Capital Management LLC now owns 3,083 shares of the utilities provider's stock worth $273,000 after purchasing an additional 438 shares in the last quarter. Modern Wealth Management LLC acquired a new position in shares of Pampa Energia during the first quarter valued at $371,000. Guardian Partners Inc. acquired a new position in shares of Pampa Energia during the first quarter valued at $620,000. WINTON GROUP Ltd acquired a new position in shares of Pampa Energia during the second quarter valued at $608,000. Finally, Titan Global Capital Management USA LLC raised its stake in shares of Pampa Energia by 6.4% during the first quarter. Titan Global Capital Management USA LLC now owns 13,612 shares of the utilities provider's stock valued at $1,205,000 after purchasing an additional 820 shares in the last quarter. Institutional investors and hedge funds own 12.77% of the company's stock.
Key Stories Impacting Pampa Energia
Here are the key news stories impacting Pampa Energia this week:
- Positive Sentiment: Insiders bought shares in several transactions on November 3–4. CFO Adolfo Fernando Zuberbuhler purchased 3,136 shares for about $207,000, while Damian Mindlin bought a combined 38,652 shares for roughly $2.62 million. The buying may signal confidence in Pampa’s outlook. CFO SEC filing Mindlin SEC filing
- Positive Sentiment: Pampa outlined plans to ramp production at its Rincón de Aranda project to 40,000 barrels per day by the end of 2027 and 45,000 barrels per day in the first quarter of 2028, a potential longer-term growth driver. Production ramp plans
- Neutral Sentiment: Reports on Q3 described sharply higher profit, but revenue of about $790 million reportedly fell short of the roughly $806.6 million analyst estimate. The earnings growth is encouraging, while the revenue miss may have tempered the reaction. Q3 earnings call transcript
- Negative Sentiment: JPMorgan cut its price target to $100 from $105 and maintained a neutral rating. A separate report linked an analyst downgrade to PAM reaching a new 12-month low, adding to near-term investor concerns. JPMorgan outlook Downgrade and 12-month low
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on PAM shares. Weiss Ratings reissued a "hold (c)" rating on shares of Pampa Energia in a research note on Wednesday, September 9th. Wall Street Zen cut shares of Pampa Energia from a "strong-buy" rating to a "buy" rating in a research report on Sunday, September 27th. Zacks Research lowered shares of Pampa Energia from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 27th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Pampa Energia from $105.00 to $100.00 and set a "neutral" rating on the stock in a research note on Monday. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $98.50.
Read Our Latest Stock Analysis on Pampa Energia
Pampa Energia Company Profile
(
Get Free Report)
Pampa Energía SA is an integrated Argentine energy company engaged in electricity generation, oil and natural gas exploration and production, and related energy infrastructure. Its power-generation portfolio includes thermal, hydroelectric and renewable facilities that supply electricity to Argentina's wholesale power market.
The company's upstream operations are focused primarily on Argentina, including conventional and unconventional resources in the Neuquén Basin and the Vaca Muerta formation.
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