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Pampa Energia SA (PAM.BA)

PAM.BA on Buenos Aires Stock Exchange

48.00ARS
22 Jun 2018
Change (% chg)

$-1.60 (-3.23%)
Prev Close
$49.60
Open
$49.50
Day's High
$49.50
Day's Low
$45.40
Volume
966,455
Avg. Vol
1,146,040
52-wk High
$56.15
52-wk Low
$35.00

Latest Key Developments (Source: Significant Developments)

Vista Oil & Gas To Acquire Argentine Oil & Gas Assets
Monday, 19 Feb 2018 07:55pm EST 

Feb 19 (Reuters) - Vista Oil & Gas - :VISTA OIL & GAS TO ACQUIRE ARGENTINE OIL & GAS ASSETS.‍AGREED TO ACQUIRE FULLY OPERATIONAL OIL & GAS PLATFORM FROM PAMPA ENERGÍA, PLUSPETROL.‍RIVERSTONE VISTA TO ACQUIRE ADDITIONAL 5 MILLION SERIES A SHARES FOR $50 MILLION PURSUANT TO PURCHASE AGREEMENT ENTERED INTO AT TIME OF CO'S IPO.ALSO ENTERED INTO COMMITMENT LETTER FOR CREDIT FACILITY, OF UPTO $300 MILLION, THAT MAYBE USED AS BACKSTOP FOR INCREASING CERTAINTY OF CLOSING DEAL‍​.‍CERTAIN OTHER INVESTORS, HAVE ALSO AGREED TO BUY 10,000,000 SERIES A SHARES OF VISTA, FOR AN AGGREGATE PURCHASE PRICE OF US$100 MILLION​.UPON CLOSING, VISTA'S ENTERPRISE VALUE AT $10/SHARE WOULD BE APPROXIMATELY $860 MILLION AND AN EQUITY VALUE OF US$960 MILLION‍​‍​.THE AGREEMENTS, IN CONJUNCTION WITH $650 MILLION IPO PROCEEDS, BRINGS TOTAL EQUITY AVAILABLE TO FUND TRANSACTION TO $800 MILLION​.  Full Article

Wartsilä wins power plant maintenance order in Argentina
Friday, 14 Jul 2017 03:00am EDT 

July 14 (Reuters) - Wartsila Oyj Abp :Says will take full operations and maintenance responsibility for Pampa Energia S.A.'s <<>> installation in the Buenos Aires province, Argentina.  Full Article

Pampa Energía announces corporate intragroup reorganization
Wednesday, 7 Dec 2016 05:28pm EST 

Pampa Energia Sa : Board approved reorganization consisting of merger by absorption between company, Petrobras Argentina S.A. .Pampa Energía announces corporate intragroup reorganization.  Full Article

Finland's Wartsila wins $80 mln power plant order from Argentina
Monday, 21 Nov 2016 03:00am EST 

Wartsila Oyj Abp : Says will supply a 101 MW power plant to Pampa Energía S.A. in Argentina . Says the value of the order is approximately 75 million euros ($80 million) .Project is included in Wartsilä's order book in the fourth quarter of 2016, power plant will be delivered during 2017 and is scheduled to be fully operational in December 2017.  Full Article

Trafigura's LNG head takes on new Asian oil role

SINGAPORE, April 24 Commodities trader Trafigura has appointed its head of liquefied natural gas (LNG) as the company's head of oil in Asia, in addition to overseeing its gas business globally, the company said on Tuesday.