Pampa Energía SA (NYSE: PAM, BCBA: PAMP) was founded in 1945, formerly known as Pampa Holding SA, and changed to its current name in July 2008. Headquartered in Buenos Aires, Argentina, with 6,325 full-time employees, it is an integrated power company. Through its subsidiaries, it sells power generation, transmission and distribution in Argentina and is the largest power company in Argentina .
Pampa Energia (PAM):
Pampa Energía is the largest electric power company in Argentina, involved in power generation, transmission and distribution through its subsidiaries, headquartered in Buenos Aires.
- In terms of power generation , Pampa Energía operates hydroelectric and thermal power generation facilities with an installed capacity of 2,217 MW, accounting for 7.5% of Argentina’s total installed capacity.
- In terms of power transmission , Pampa Energía SA jointly controls Transener, the largest high-voltage transmission network operator in Argentina. It operates and maintains a high-voltage transmission network of 12,365 kilometers in Argentina, and owns 6,158 kilometers of high-voltage in the province of Buenos Aires. line.
- In terms of power distribution , Pampa Energía distributes electricity to approximately 2.8 million customers.
Pampa Energía is also involved in the exploration and extraction of oil and natural gas; operating financial investments, and investing in other companies with complementary businesses; and authorization as a ROFEX agent and settlement member.
On August 12, 2019, the anti-austerity policy candidate won the Argentine presidential primary election. The Argentine peso collapsed by 34.82%. Argentine companies listed in the United States plummeted: Galician Finance fell 54%, Grupo Supervielle fell 52%, and Pampa Energia fell 52%, Loma Negra fell 57%, Central Puerto fell 55%, and Macro Bank fell 53%.
Pampa Energia (PAM) investment:
Pampa Energía SA is listed on the Buenos Aires Stock Exchange and is the third most heavily weighted stock in the Merval Index. Among U.S. stocks, it is its ADS (American Depositary Shares), an ADS=25 common stock. Pampa was established in 2009 Trading started on the New York Stock Exchange (NYSE) on October 9.