YPF eyes a 2026 FID for its $20B LNG project as SHEL exits a separate phase after scope cuts, prompting a partner search.
Argentina's state-run YPF and fellow oil firms Vista , Shell Argentina and Equinor have signed a deal with Chile's national oil company ENAP for the export of shale oil from Vaca Muerta, YPF said on Friday.
YPF accelerated shale output above 200 kbbl/d with sharply lower lifting costs and stronger efficiency, marking its most significant operational shift and competitive improvement in more than a decade. Milei's legislative victory cut country risk almost by half and reopened international financing, allowing YPF to secure a $700MM oversubscribed loan and refinance at the lowest cost in years. The framework deal with ENI and ADNOC's XRG validates the Argentina LNG roadmap and positions YPF to scale gas exports through a 12–30 MTPA long-term development plan.
| - Industry | - Sector | Horacio Daniel Marin CEO | XMEX Exchange | US9842451000 ISIN |
| AR Country | 21,594 Employees | 18 Jul 2019 Last Dividend | - Last Split | 28 Jun 1993 IPO Date |
YPF Sociedad Anónima is a leading energy company headquartered in Buenos Aires, Argentina, with a focus on both upstream and downstream oil and gas activities. The company's upstream activities encompass the exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGLs). On the downstream side, YPF is involved in refining, marketing, transportation, and distribution of oil and petroleum products, along with petrochemicals, LPG, bio-fuels, and more. With interests in 119 oil and gas fields as of December 31, 2021, YPF boasts a substantial portfolio, holding approximately 643 million barrels of oil and about 2,447 billion cubic feet of gas. Additionally, the company has a robust retail distribution network with 1,654 YPF-branded service stations and significant infrastructure to support its operations, including refineries, pipelines, and port terminal facilities. YPF also participates in the power generation sector and offers various other products and services, underlining its critical role in Argentina's energy landscape since its inception in 1977.
YPF Sociedad Anónima specializes in the extraction and processing of crude oil, natural gas, and NGLs. Through its operations in 119 oil and gas fields, the company plays a pivotal role in providing essential energy resources.
The company refines crude oil into petroleum products, including gasoline, diesel, jet fuel, and more. It markets these products through its extensive network of over 1,600 service stations across Argentina, ensuring widespread availability of high-quality fuels.
In the field of petrochemicals, YPF produces and sells a wide array of products derived from petroleum, used in various industrial applications. These products contribute to the diverse portfolio of offerings that YPF provides to the market.
Liquefied Petroleum Gas (LPG) and bio-fuels are also integral to YPF's product offerings, catering to both the energy and automotive sectors. By supplying these alternative fuels, YPF supports the transition to more sustainable energy sources.
YPF is involved in the distribution of natural gas, utilizing its extensive infrastructure to deliver gas safely and efficiently to consumers and businesses, contributing significantly to Argentina's energy security.
With participation in 21 power generation plants, YPF has an aggregate installed capacity of 3,091 megawatts, showcasing its commitment to meeting Argentina's growing energy demand through various sources of power generation.
YPF offers a range of other products and services, including diesel, fertilizers, lubricants, phytosanitary products, and ensiling bags. It also supplies industrial products such as fuel oil, coal, asphalts, paraffin, and sulfur, among others, demonstrating its diverse offerings beyond traditional fuel products.