Who it serves
Refineries, processors and buyers of oil and gas.
How the business works
Exploration identifies resources; development turns them into production. Hydrocarbon sales must support operating costs and investment in wells and infrastructure.
What drives this activity
Production volumes, realised prices, extraction costs and investment to sustain output.
The business in practice
Selected products, companies and assets from corporate publications.
- Fields in Neuquén
El Mangrullo and Sierra Chata are associated with gas. Rincón de Aranda places Pampa in Vaca Muerta’s oil window. The projects have different resources and development stages.
Pampa · upstreamConsulted
Its place in Pampa Energía
Pampa brings together electricity generation, hydrocarbons and petrochemicals, alongside interests in energy transmission. The group’s accounts combine regulated activities, industrial operations and businesses exposed to energy prices.
Economics of the whole company
Business economics · explained by La Plata
Customers, operations & revenue
Pampa combines power plants, oil and gas production and petrochemical facilities. It sells energy and industrial products into markets with different contracts and prices. Transportation interests add another exposure: holding shares in a transmission company is different from directly invoicing all its operations.
What shapes business performance
Business-by-business analysis avoids assuming gas, power and petrochemical input prices have the same effects. Plant availability, hydrocarbon output, industrial margins and investment explain different results. Dividends and associate earnings should be separated from cash generated by directly operated assets.