Pampa Energia Sa · BCBA:PAMP
Pampa Energia Sa — Q1 2021 Earnings Presentation
14 slides from Pampa Energia Sa's earnings presentation, March 2021
Slide 1: Q1 2021 results videoconference
Q1 2021 results videoconference
Slide 2: Disclaimer
Disclaimer The material that follows is a presentation of general background information about Pampa Energia S.A.("Pampa” or the “Company”) as of the date of the presentation. It is information in summary form and does not purport to be complete. It is not intended to be relied upon as advice to pot
Slide 3: Q1 2021's key takeaways - consolidated figures
Q1 2021’s key takeaways - consolidated figures, in US$ million Solid quarter, showing resiliency amid challenging context Revenues1 Consolidated adjusted EBITDA1 Continuing Continuing +16% yoy 721 +4% yoy +11% qoq 599 +10% qoq 221 ✓ Discont'd 204 318 220 420 ✓ ✓ Discont'd 168 ✓ ✓ 45 - ✓ ✓ Cont. Cont
Slide 4: Power generation
Power generation New capacity keeps leading the way while legacy pricing is still frozen Adjusted EBITDA1, in US$ million Generation performance, in GWh 121 4,608 115 4,400 4,442 -4% yoy 113 +1% qoq +2% yoy 71% 69% -5% qoq 63% ✓ ✓ ✓ ✓ ✓ Q1 21 Q1 21 Availability performance, in % to installed c
Slide 5: Ensenada Barragán Thermal Power Plant
Ensenada Barragán Thermal Power Plant Key infrastructure project for Argentina’s electricity supply Aerial view of CTEB Pampa Energía ⚫ 5
Slide 6: Oil and Gas
Oil and Gas Higher prices and increasing productivity delivered a sound performance Adjusted EBITDA1, in US$ million Lifting cost, in US$ million 33 29 +13% yoy 30 +77% qoq 24 23 19 ✓ ✓ -24% yoy 40% ✓ 7.2 -4% qoq 33% 27% 6.0 5.8 ✓ ✓ Q1 21 Q1 21 Production performance, in kboe/d Crude oil sales
Slide 7: Oil and Gas: Plan Gas.Ar
Oil and Gas Plan Gas.Ar is paving the recovery way for domestic gas Gas sales, in mcfpd Weighted avg gas price for Pampa, in US$/MBTU -7% yoy 259 239 241 +1% qoq 3.1 3.1 3.3 2.6 2021 2.8 ✓ ✓ Q1 21 Q1 Destination of our sales, YTD Pampa Pampa Energía ⚫ 7
Slide 8: Plan Gas.Ar 2021-24: a much-needed boost to the Argentine gas
Plan Gas.Ar 2021-24: a much-needed boost to the Argentine gas Pampa was awarded a 4-year GSA, ranked #3 in Neuquina Basin Ranking of winter production growth 2021-24 Pampa’s gas production by sales channel and price awarded in Plan Gas vs 2020 output @ Neuquina Basin 312 319 320 321 321 1 1. Pampa +
Slide 9: Petrochemicals
Petrochemicals The surge in demand and price hikes resulted in a record-high quarter Adj. EBITDA, in US$ million Sales performance, in thousand ton 1,052 18 +20m yoy 107 98 +13% yoy +8m qoq -8% qoq 10 87 ✓ ✓ 17% ✓ 12% ✓ ✓ (2) Q1 21 Q1 21 Q1 21 sales breakdown by market 39% % 61% Pampa Energía ⚫ 9
Slide 10: Strong financial position
Strong financial position Paying out ST AR$-debt and improving leverage ratios Key leverage figures, as of March 31, 20211, US$ million Consolidated with Restricted Group Affiliates at ownership3 affiliates at ownership Debt2 1,562 357 1,920 After Q1 2021: Cash 409 149 557 • • Total bonds in treasur
Slide 11: Pampaenergia
Pampaenergia
Slide 12: Q1 2021's key takeaways
Q1 2021’s key takeaways Consolidated figures, in US$ million Q1 21 Net income to 33 shareholders Q1 20 Q1 21 Pampa Energía ⚫ 12
Slide 13: Electricity distribution
Electricity distribution Adj. EBITDA, in US$ million Sales Performance , in GWh +0.2% yoy -35m yoy +10% qoq 5,203 5,212 ✓ 45 +26m qoq 4,752 ✓ 10 ✓ 14% (16) 4% Q1 21 Q1 21 Number of End-Users, in million Main News • 3.15 3.17 3.12 +1% yoy +0.5% qoq ✓ Q1 21 Pampa Energía ⚫ 13
Slide 14: Holding & others
Holding & others Adj. EBITDA2, in US$ million Main News +7% yoy 37 +11% qoq • 35 34 Q1 21 Affiliates’ EBITDA Performance @ 100% Ownership, in US$ million 113 96 90 5 6 29 ✓ ✓ 19 17 ✓ ✓ ✓ ✓ (0) ✓ Q1 21 Q1 21 Q1 21 Pampa Energía ⚫ 14