Pampa Energía saw a significant surge in net income and crude production during the fourth quarter. Director Marcos Marcelo Mindlin reduced his stake by 1.25 million shares, though he retains a dominant position in the company.
- Revenue reached $507 million, a 16% year-over-year increase
- Net income climbed 52% to $161 million
- Crude production increased by 355% YoY
- Proven reserves grew 28%, with shale making up 69% of the mix
- Net debt reduced to $801 million
- Insider sale of 1.25 million shares at $3.43 per share
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