YPF (ADR)
Integrates oil and gas production, refining, fuel retail and LNG development.
Something off on this page? Send us feedback.
Profile
Integrates oil and gas production with transportation, refining, fuel retail and gas commercialization in Argentina. Its three reportable segments are Upstream, Midstream and Downstream, and LNG and Integrated Gas, while the portfolio shifts toward Vaca Muerta under majority Argentine state control.
Spans oil and gas exploration and production, transportation, refining, petrochemicals, fuel distribution and retail, integrated gas, and developing LNG projects. Reporting is organized into Upstream, Midstream and Downstream, and LNG and Integrated Gas.
Redirects the upstream portfolio toward Vaca Muerta while selling or reverting mature conventional fields. The integrated refining and fuel chain processes and sells production, while operating-efficiency work runs across the business.
Operates primarily in Argentina under majority national-state control. Execution depends on domestic hydrocarbon regulation, infrastructure and pricing, the economics of continued Vaca Muerta development, completion of conventional-field exits, and financing and approvals for LNG export projects.
Company facts
Key statistics
Year to date +38.3% · Average volume (30d) 1.0M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 27, 2026 | UBS | Reiterate | Neutral | $48 | $55 | |
| Aug 14, 2026 | HSBC | Upgrade | Reduce | Buy | $60 | |
| Aug 11, 2026 | Bradesco | Downgrade | Outperform | Neutral | $55 | |
| May 27, 2026 | UBS | Reiterate | Neutral | $27 | $48 | |
| Feb 27, 2026 | Morgan Stanley | Target | $22 | $47 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 4, 2026Q2 FY26 | $2.26 | $3.07 | +35.8% | $5.99B | $6.57B | +9.5% | −2.78% |
| Aug 3, 2026Q2 FY26 | $2.26 | $3.07 | +35.8% | $5.99B | $6.57B | +9.6% | −2.78% |
| May 7, 2026Q1 FY26 | $0.83 | $1.03 | +24.1% | $5.04B | $3.52B | −30.0% | −1.00% |
| Feb 26, 2026Q4 FY25 | $0.77 | −$1.67 | −316.9% | $3.1M | $3.3M | +4.3% | −2.45% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $3.1M | $3.1M | $4.42B | $4.40B | $4.64B | $6.55B | |
| Gross profit | $861.6K | $782.3K | $1.26B | $1.27B | $1.65B | $2.98B | |
| Operating income | $274.8K | $268.8K | $530.3M | $434.5M | $828.2M | $2.13B | |
| Net income | −$10.7K | $33.3K | −$196.1M | −$632.9M | $404.3M | $1.20B | |
| Diluted EPS | −$0.03 | $0.11 | −$0.50 | −$1.62 | $1.03 | $3.11 | |
| Gross margin | 28.1% | 25.3% | 28.5% | 28.9% | 35.6% | 45.5% | |
| Operating margin | 9.0% | 8.7% | 12.0% | 9.9% | 17.9% | 32.5% |
Fiscal years (4-quarter sums)FY21 $877.4M · FY22 $1.68B · FY23 $3.66B · FY24 $11.93B · FY25 $8.82B
Revenue by product · FY25
Revenue by geography · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $2.46B · Total debt $10.80B · Total assets $32.27B · Shareholders' equity $12.44B
Dividends
No dividends on record.
Ownership
Shares outstanding 392.08M · Float —
Insiders — filings are in the shares behind the receipt.
This listing is a depositary receipt and the Form 4 positions here are filed in the shares behind it, a different unit from the share count and in a ratio the filings never state, so no insider percentage is shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Aquamarine Financial (Cayman) Ltd | 9.03M | 2.30% | 13F | May 15, 2026 |
| JPMorgan Chase & Co | 5.11M | 1.30% | 13F | May 13, 2026 |
| North of South Capital LLP | 3.52M | 0.90% | 13F | Apr 20, 2026 |
| Duquesne Family Office LLC | 3.24M | 0.83% | 13F | May 15, 2026 |
| VR Advisory Services Ltd | 3.23M | 0.82% | 13F | May 15, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 29, 2026 | Martin Maquieyra | director | −218 | $47.36 |
| Jul 2, 2026 | Matias Osvaldo Farina | officer: VP Upstream | +8,875 | $45.22 |
| Jul 2, 2026 | Horacio Daniel Marin | director, officer: Chairman of the Board/ CEO | +2,840 | $46.35 |
| May 29, 2026 | Martin Maquieyra | director | +77 | $54.44 |
| Mar 25, 2026 | Mauricio Alejandro Martin | director, officer: Midstrm. & Downstrm. Exec. VP | −3,430 | $43.60 |
Peers
- Vista Energy (ADR)
Vaca Muerta shale-oil pure play with a fast-growing operated base
- BP (ADR)
Integrated Argentine rivalry through 50%-owned Pan American Energy
- Pampa Energia (ADR)
Vaca Muerta oil-and-gas overlap across upstream and midstream
- TotalEnergies
Large Argentine gas producer with Vaca Muerta and marketing overlap
- Shell (ADR)
Operated Vaca Muerta blocks focused on shale oil and gas
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| YPF (ADR) | $50.30 | +0.22% | $19.68B | 24.9 | 11.7 | 1.6 | +41.5% |
| Vista Energy (ADR) | $70.77 | +0.93% | $7.31B | 9.3 | 7.0 | 2.2 | +102.3% |
| BP (ADR) | $42.30 | +0.38% | $110.54B | 21.1 | 8.3 | 0.5 | +46.5% |
| Pampa Energia (ADR) | $80.45 | +0.04% | $4.38B | 7.4 | 10.0 | 1.9 | +53.5% |
| TotalEnergies | $86.31 | −0.05% | $192.30B | 10.9 | 8.4 | 1.0 | +26.2% |
| Shell (ADR) | $91.47 | +0.63% | $253.47B | 10.0 | 9.2 | 0.8 | +44.7% |
| Median | 10.0 | 8.4 | 1.0 | +46.5% |