The stock of Pampa Energia S.A. (ADR) (NYSE:PAM) is a huge mover today! About 514,940 shares traded hands or 128.94% up from the average. Pampa Energia S.A. (ADR) (NYSE:PAM) has risen 57.61% since March 16, 2016 and is uptrending. It has outperformed by 52.07% the S&P500.
The move comes after 5 months positive chart setup for the $2.35B company. It was reported on Oct, 19 by Barchart.com. We have $57.20 PT which if reached, will make NYSE:PAM worth $1.55B more.
Analysts await Pampa Energia S.A. (ADR) (NYSE:PAM) to report earnings on November, 10.
According to Zacks Investment Research, “Pampa EnergÃa S.A. is the largest fully integrated electricity company in Argentina. Through its subsidiaries, the Company is engaged in the generation, transmission and distribution of electricity in Argentina.”
More important recent Pampa Energia S.A. (ADR) (NYSE:PAM) news were published by: Marketwatch.com which released: “Virtual Stock Exchange” on December 21, 2009, also Quotes.Wsj.com published article titled: “DOW JONES, A NEWS CORP COMPANY”, Businessfinancenews.com published: “Here’s How $1.2 Deal with Pampa Energia Will Ease Petrobras’ Tension” on March 03, 2016. More interesting news about Pampa Energia S.A. (ADR) (NYSE:PAM) was released by: Seekingalpha.com and their article: “Pampa Energia: New Argentinian ADR in Town” with publication date: October 12, 2009.
PAM Company Profile
Pampa Energia S.A., incorporated on February 21, 1945, is an integrated electricity company. The Company, through its subsidiaries, is engaged in the generation, transmission and distribution of electricity in Argentina. The Company’s divisions include generation, transmission, distribution, gas and oil, and holding and others. The Company’s generation segment includes a direct and indirect equity interest in Central Piedra Buena S.A. (Piedra Buena), Central Termica Guemes S.A. (Guemes), Central Termica Loma de la Lata S.A. (Loma la Lata), Hidroelectrica los Nihuiles S.A. (HINISA), Hidroelectrica Diamante S.A. (HIDISA), Pampa Comercializadora S.A and investments in shares in other companies related to the electricity generation sector. The Company’s transmission segment includes an indirect equity interest through Compania Inversora en Transmision Electrica Citelec S.A. (Citelec) in Transener and its subsidiaries. The Company’s distribution segment includes an indirect equity interest in Electricidad Argentina S.A. (EASA) and Empresa Distribuidora y Comercializadora Norte S.A. (Edenor). The Company’s Oil and gas segment includes a direct interest in Petrolera Pampa S.A. (Petrolera Pampa), which is focused on exploration and exploitation of gas and oil. The Company’s holding and others segment includes financial investment operations, holding activities and other businesses.
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