YPF Sociedad Anónima Overview
Pro stress-test →YPF Sociedad Anónima is an integrated energy company primarily engaged in the oil and gas sector within Argentina, with operations spanning upstream activities including exploration, exploitation, and production of crude oil, natural gas, and natural gas liquids (NGLs), as well as downstream operations covering refining, marketing, and distribution of oil and petroleum products. The Argentine National State holds controlling shareholder status through the Ministry of Economy – Secretary of Energy.
Strategic Profile
Pro stress-test →In Q1 2026 (ending March 31), YPF swung to a net profit of $409 million, reversing a net $10 million loss from the prior year, citing higher oil prices and more shale output. YPF submitted a $25 billion RIGI application for its LLL Oil development in Vaca Muerta, aiming to export 240,000 bpd by 2032 and generate $6 billion in annual exports. The company is positioning itself as a key driver of Argentina's energy independence and export capacity through unconventional resource development.
Competitive Landscape
Pro stress-test →YPF is Argentina's dominant integrated oil and gas producer and the primary vehicle for the country's energy security objectives. Regional competitors include Petrobras (Brazil), which YPF is partnering with on E&P initiatives, and smaller independent operators in Argentina's conventional and unconventional basins. Globally, YPF competes with major IOCs (ExxonMobil, Shell, Chevron) but primarily serves South American downstream markets rather than competing directly internationally.
Industry Context
YPF Sociedad Anónima operates in Integrated oil and gas upstream and downstream.
Key facts
Founded: 1977 · Headquarters: Buenos Aires, Argentina · Employees: N/A · Revenue: $4.95B (Q1 2026, TTM basis ~$19.8B estimated) · Market cap: N/A