Earnings Call Summary | Pampa Energia(PAM.US) Q1 2024 Earnings Conference
Earnings Call Summary | Pampa Energia(PAM.US) Q1 2024 Earnings Conference
The following is a summary of the Pampa Energia S.A. (PAM) Q1 2024 Earnings Call Transcript:
以下是潘帕能源有限公司（PAM）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Pampa Energia reported a 31% increase in gas production year-on-year due to the commencement of a new gas pipeline.
The company had to record a $34 million impairment loss on trade receivables due to significant delays in collecting payments from CAMMESA.
Adjusted EBITDA for the quarter was $189 million, an 8% decrease, mainly due to payment issues and a drop in energy spot prices.
Operating costs have reduced owing to increased domestic gas demand.
Capital expenditures saw a 36% YoY reduction, primarily due to strong shale gas activity in the previous year.
Pampa Energia報告稱，由於新的天然氣管道的開通，天然氣產量同比增長了31％。
由於向CAMMESA收取款項的嚴重延遲，該公司不得不記錄3,400萬美元的貿易應收賬款減值損失。
本季度調整後的息稅折舊攤銷前利潤爲1.89億美元，下降了8％，這主要是由於付款問題和能源現貨價格的下跌。
由於國內天然氣需求增加，運營成本有所降低。
資本支出同比下降36％，這主要是由於去年頁岩氣活動強勁。
Business Progress:
業務進展：
The company continues to enhance its shale gas production, now accounting for 40% of its total output.
Despite a decrease in power generation's adjusted EBITDA, the dispatch saw a 3% YoY increase, helped by the commissioning of PEPE 4.
Progress of PEPE 6 expansion is at 89%, and the wind farm is expected to be fully commissioned by October.
Oil accounted for 6% of Q1's E&P output and generated 16% of the segment's revenue.
Activities in Rincon de Aranda yielded promising results, aligning with the company's strategic focus on shale production.
The company maintains a strong financial position, with no significant debt maturities anticipated until 2027.
Ongoing projects, especially Rincon de Aranda, are expected to boost shale production and the regulatory benefits from the recent omnibus bill are regarded as positive.
The firm plans to maintain high capital expenditure for the development of Rincon de Aranda, alongside efforts to lower shale oil lifting costs.
該公司繼續提高頁岩氣產量，目前佔其總產量的40％。
儘管發電量調整後的息稅折舊攤銷前利潤有所下降，但受PEPE 4投產的推動，該調度同比增長了3％。
PEPE 6擴建的進展爲89％，風力發電場預計將於10月全面投入使用。
石油佔第一季度勘探和生產產出的6％，創造了該細分市場收入的16％。
Rincon de Aranda的活動取得了令人鼓舞的業績，這與該公司對頁岩生產的戰略重點一致。
該公司保持強勁的財務狀況，預計到2027年才有大量債務到期。
正在進行的項目，尤其是Rincon de Aranda，預計將提高頁岩產量，而最近的綜合法案帶來的監管好處被認爲是積極的。
該公司計劃維持開發Rincon de Aranda的高額資本支出，同時努力降低頁岩油開採成本。
More details: Pampa Energia IR
更多詳情： Pampa Energia IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。