YPF: Argentina Energy Anchor & Macro BreakoutThe Setup:
YPF S.A. ( NYSE:YPF ) is Argentina's majority state-owned oil and gas major and acts as the energy anchor of the overarching Argentina "Milei reform trade." The broader Argentine market index ( BCBA:IMV ) is pushing to all-time highs and attempting to break out of a 1-year base , which
YPF Sociedad Anonima
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3.02 USD
−873.36 M USD
18.49 B USD
392.95 M
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Company info
Sector
Industry
CEO
Horacio Daniel Marín
Website
Headquarters
Buenos Aires
Founded
1977
IPO date
Apr 14, 1999
ISIN
US9842451000
CUSIP
984245100
FIGI
BBG000BHPFQ0
Identifiers
ISIN US9842451000
YPF SA engages in oil and gas production in Argentina. It operates through the following business segments: Upstream, Midstream and Downstream, LNG and Integrated Gas, New Energies, and Central Administration and Others. The Upstream segment performs all activities related to the exploration and exploitation of hydrocarbon fields and production of crude oil and natural gas. The Midstream and Downstream segment performs activities related to: (i) the refining, transportation and commercialization of refined products; (ii) the production, transportation and commercialization of petrochemical products; (iii) the transportation and commercialization of crude oil; and (iv) the commercialization of specialties for the agribusiness industry and of grains and their by-products. The LNG and Integrated Gas segment performs activities related to: (i) natural gas transportation and commercialization to third parties and to the Midstream and Downstream business segment; (ii) the separation of NGLs and their fractionation, storage and transportation for the production of ethane, propane, butane and gasoline, and its commercialization, through joint venture Compania Mega S.A. and (iii) the development of LNG liquefaction capacity. The New Energies segment created and during the current fiscal year the complete management scope of this new business unit was determined. The Central Administration and Others segment includes the remaining activities performed by the Company that do not fall within the aforementioned business segments and which are not reporting business segments, mainly comprising revenues, expenses and assets related to: (i) corporate administrative; (ii) the production of frac sand for well drilling and fracking purposes; (iii) the construction activities through subsidiary A-Evangelista S.A.; and (iv) digital development services and solutions through subsidiary YPF Digital S.A.U. The company was founded on June 2, 1977 and is headquartered in Buenos Aires, Argentina.
$YPF: Sell Argentine stocks, and sell shortGM gents, it seems that Argentine stock market peaked, the signs were there for a few months and it only got worse since the Buenos Aires province election that showed a devastating victory by the opposition to Milei's "libertarian" crusade.
Back in August 2022, it became clear NYSE:YPF would sur
YPF (NYSE: YPF) Lead Argentine Stock RallyThe U.S.-listed shares of YPF SA (YPF) shot up 24.3% toward a one-month high in premarket trading Monday, as investors in the Argentina-based oil and gas company cheered the election of right-wing populist Javier Milei as the new president of Argentina.
The stock's rally was part of a broad gains
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