{
  "id": 19642797,
  "title": "Central Puerto beats Q3 estimates with strong fuel margins",
  "url": "https://urgent.news/2026/11/12/central-puerto-beats-q3-estimates-with-strong-fuel-margins",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T11:22:13.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/central-puerto-beats-q3-estimates-with-strong-fuel-margins-5021047"
  },
  "original_language": "en",
  "account": "Central Puerto S.A., Argentina's leading private power generation company, exceeded expectations in the third quarter, reporting adjusted earnings per share of $0.25 and revenue of $532.4 million, a remarkable 157.6% increase from $206.7 million in the same period last year. Shares rose 0.20% in after-hours trading. Revenue growth was primarily due to a 192.2% YoY increase in spot thermal revenues to $289.8 million, driven by winter season pricing and fuel margins from self-procured fuel. The company self-generated 3.96 million cubic meters of fuel daily, accounting for 55.3% of total fuel usage. Total generation reached 4,791 GWh, a 5.6% YoY rise, aided by higher hydro output at Piedra del Aguila and the Brigadier Lopez combined cycle unit's expansion. Adjusted EBITDA grew by 70.3% YoY to $185.3 million. Management remains on course to hit its full-year 2026 adjusted EBITDA target of $500-550 million, with YTD adjusted EBITDA at $451.0 million as of September 30, 2026. Capital expenditures totaled $36.7 million, mainly spent on Battery Energy Storage System projects and maintenance. As of Q3, net financial debt stood at approximately $343.7 million, with a net leverage ratio of 0.72x adjusted EBITDA.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}