Pampa Energy (PAM) Research & Development (2016 - 2026)
Pampa Energy (PAM) reported Research & Development of $217 million for Q2 2026, up 29.9% from $167 million a year earlier and up 51.7% from the prior quarter.
Pampa Energy (PAM) Research & Development (2016 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Pampa Energy's Research & Development came in at $156 million, down 53.4% year-over-year; for FY2025, it was $21 million, unchanged from FY2024.
- Research & Development has a five-year compound annual growth rate of -6.3% (FY2020 to FY2025).
- By year, Research & Development came in at $21 million in FY2024 (-98.8%), $1.77 billion in FY2023, $118 million in FY2022 (+136.0%) and $50 million in FY2021 (+72.4%).
- The Q2 2026 figure ranks as the highest quarterly Research & Development since Q4 2023.
- Year over year, Research & Development gained in five of the last seven quarters, with growth averaging 71.9%.
- The high point for year-over-year Research & Development in five years was Q1 2023 (growth of 500.0%); the low point was Q4 2024 (a decline of 98.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $143 million (Q1 2026), -$341 million (Q4 2025) and $137 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 678.46 Bn | 636.61 Bn | - | 116.00 Mn |
| 2 | Shell | 572.35 Bn | 454.96 Bn | - | 277.00 Mn |
| 3 | Chevron | 410.31 Bn | 377.35 Bn | 31.26 Bn | 259.00 Mn |
| 4 | TotalEnergies SE | 190.98 Bn | 74.26 Bn | - | 95.00 Mn |
| 5 | Eni Spa | 166.41 Bn | 117.77 Bn | - | - |
| 6 | Conocophillips | 163.94 Bn | 136.65 Bn | 12.81 Bn | 75.00 Mn |
| 7 | Equinor Asa | 104.52 Bn | 35.38 Bn | 12.28 Bn | 287.00 Mn |
| 8 | Canadian Natural Resources | 100.46 Bn | 98.53 Bn | - | - |
| 9 | Phillips 66 | 99.08 Bn | 82.87 Bn | 10.69 Bn | - |
| 10 | Pampa Energy | 3.47 Bn | 1.73 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 133.00 Mn |
| Jun 30, 2026 | 217.00 Mn |
| Mar 31, 2026 | 143.00 Mn |
| Dec 31, 2025 | -341.00 Mn |
| Sep 30, 2025 | 137.00 Mn |
| Jun 30, 2025 | 167.00 Mn |
| Mar 31, 2025 | 58.00 Mn |
| Dec 31, 2024 | 21.00 Mn |
| Sep 30, 2024 | 89.00 Mn |
| Jun 30, 2024 | 85.00 Mn |
| Mar 31, 2024 | 82.00 Mn |
| Dec 31, 2023 | 1.86 Bn |
| Sep 30, 2023 | 22.00 Mn |
| Jun 30, 2023 | 1.70 Bn |
| Mar 31, 2023 | 48.00 Mn |
| Dec 31, 2022 | 50.00 Mn |
| Sep 30, 2022 | 8.00 Mn |
| Jun 30, 2022 | 7.00 Mn |
| Mar 31, 2022 | 8.00 Mn |
| Dec 31, 2021 | 61.00 Mn |
Pampa Energy Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=PAM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "PAM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=PAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();