End-of-day quote
Buenos Aires S.E.
06:00:00 2024-05-08 pm EDT
5-day change
1st Jan Change
26,413
ARS
+0.07%
+5.14%
+58.27%
YPF Sociedad Anónima : Unlocking YPF and Argentina´s Energy Full Potential
September 18, 2023 at 04:41 pm EDT
UNLOCKING YPF´s AND ARGENTINA´s
ENERGY FULL POTENTIAL
IN THE LAST 5 YEARS, VACA MUERTA HALTED THE DECLINE OF HYDROCARBON PRODUCTION IN ARGENTINA
OIL PRODUCTION (1)
GAS PRODUCTION (1)
KBBL/D
Conventional Production
Shale Production
MM3 /D
Conventional Production
Shale Production
Regulated
Unregulated
Partially Regulated
Regulated
Unregulated
Partially Regulated
Market
Market
Market
Market
Market
Market
850
142
133
645
490
37
1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
2Q23
1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022 2Q23
Note: (1) Source: IAPG. Oil production includes volumes of gasoline. Unconventional only includes shale production of the Neuquina basin.
ARGENTINA HAS A UNIQUE OPPORTUNITY TO REACH NEW PRODUCTION RECORDS BASED ON VAST RESOURCES IN VACA MUERTA AND BEYOND
(ARGENTINE RESOURCES IN BBL)
Argentina Oil Production Outlook to 2040 E [Mbbl/d]
(3)
2023 E
0.65 Mbbl/d
VACA MUERTA
Wells to be drilled: ~6,500 (80%) Estimated cumulative production 2023-2040:~5.8 Bbbl
OFF-SHORE (*)
Blocks to be developed: 4 (out of 8 awarded blocks)
Estimated cumulative production
2023-2040: ~2 Bbbl
Peak 2035 E
2040 E
2.2 Mbbl/d
1.35 Mbbl/d
(1)
6.6 B
Source: EIA 2013 report.
Source: Company's internal expectations of project development.
PALERMO AIKE (**)
Wells to be drilled: ~1,500 (~50%) Estimated cumulative production 2023-2040: ~0.4 Bbbl
Based on successful exploration results and P50 production curves. (**) Based on P50 production curves.
2023 E
2024 E
2025 E
2026 E
2027 E
2028 E
2029 E
2030 E
2031 E
2032 E
2033 E
2034 E
2035 E
2036 E
2037 E
2038 E
2039 E
2040 E
(3) Source: Company's internal outlook.
ARGENTINA RANKS SECOND IN TERMS OF SHALE GAS RESOURCES IN THE WORLD WHICH COULD BE MONETIZED THROUGH THE DEVELOPMENT OF LNG FACILITIES
(ARGENTINE RESOURCES IN TCF)
ARGENTINA NATURAL
GAS DEMAND
(Mm3 /d)
Local Demand
Regional Demand
280
LNG Exports
190
308
120
140
40
2022
2030E
2040E
130
DEMAND
1.8 TCF
2.4 TCF
3.6 TCF
RESOURCES/
170 years
125 years
85 years
PRODUCTION
Source: EIA 2013 report.
PETRONAS - STRATEGIC PARTNER (49%)
+40 years of experience in the industry Partnership with YPF since 2014
25/30 MTPA IN 3 STAGES
Combining nearshore, onshore and potential offshore plants
640 Km DEDICATED GAS PIPELINE
3 pipelines of 36" from Neuquén to Bahía Blanca
MONETIZATION OF VACA MUERTA'S NAT. GAS
+1,000 wells per stage
12 tcf of resources per stage (~12% of total resources consumed in 3 stages)
BAHÍA BLANCA PORT SITE
1,500 reserved hectares
NEW REGULATORY FRAMEWORK
Expected in the coming months
GROWTH IN OIL & GAS PRODUCTION SHALL GENERATE VERY POSITIVE IMPACT ON ARGENTINA'S BALANCE OF TRADE AND GDP
ECONOMIC IMPACT
CONTRIBUTION TO GDP - HYDROCARBONS
19%
Direct
Indirect
Total
11%13%
7%
6%
4%
In current prices. Indirect impact calculated based on the Input-Output Matrix.
FOREIGN CURRENCY CONTRIBUTION
ENERGY BALANCE OF TRADE*. BUSD OF 2022
Gas
Fuels
Others (*)
Balance
-2
-3
-4.5
-3
2022
2030E
(*) Others include bunker, electricity, LPG, virgin naphtha, lubricants and coal.
Disclaimer
YPF SA published this content on 18 September 2023 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 18 September 2023 20:40:02 UTC .
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May. 10
RE
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May. 10
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May. 10
CI
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Apr. 29
CI
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Apr. 19
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Apr. 18
MT
Citigroup Downgrades YPF Sociedad Anonima to Neutral From Buy, Adjusts Price Target to $24 From $20
Apr. 17
MT
Argentina builds case for exporting natgas to Brazil through Bolivia
Apr. 01
RE
Morgan Stanley Upgrades YPF Sociedad Anonima to Equalweight From Underweight, Raises Price Target to $22 From $10.50
Mar. 21
MT
Sector Update: Energy Stocks Rising Late Afternoon
Mar. 07
MT
Sector Update: Energy
Mar. 07
MT
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Mar. 07
MT
YPF Sociedad Anónima Provides Annual Production Guidance for the Year 2024
Mar. 07
CI
Transcript : YPF Sociedad Anónima, Q4 2023 Earnings Call, Mar 07, 2024
Mar. 07
Argentina's YPF swings to $1.9 billion net loss in fourth quarter
Mar. 06
RE
YPF Sociedad Anónima Reports Unaudited Consolidated Impairment Results for the Fourth Quarter of 2023
Mar. 06
CI
YPF Sociedad Anónima Reports Earnings Results for the Full Year Ended December 31, 2023
Mar. 06
CI
YPF Sociedad Anónima Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
Mar. 06
CI
Sector Update: Energy Stocks Rise Late Afternoon
Feb. 22
MT
YPF Sociedad Anonima Shares Rise Following UBS Upgrade
Feb. 22
MT
UBS Upgrades YPF Sociedad Anonima to Buy From Neutral, Adjusts Price Target to $27 From $18
Feb. 22
MT
YPF Sociedad Anónima Announces Expiration and Final Results with respect to its Tender Offer for Cash for Any and All of its 8.75% Senior Amortizing Notes due 2024
Feb. 06
CI
Sector Update: Energy Stocks Gain Late Afternoon
Jan. 25
MT
Sector Update: Energy
Jan. 25
MT
YPF Shares Rise After Citigroup Upgrade
Jan. 25
MT
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
YPF Sociedad Anonima (YPF) is an energy company. The Company is operating a fully integrated oil and gas chain. The Company operates through the segments, including Exploration and Production, Downstream, and Corporate and Other. The Company's Exploration and Production segment includes exploration and production activities, natural gas and crude oil purchases, sales of natural gas, and to a lesser extent crude oil, to third parties and intersegment sales of crude oil, natural gas and its byproducts. The Company's Downstream segment is engaged in the refining, transport, purchase of crude oil and natural gas from third parties and intersegment sales, and marketing of crude oil, natural gas, refined products, petrochemicals, electric power generation and natural gas distribution. The Company's Corporate and Other segment carries out other activities.
More about the company
Last Close Price
24,650
ARS
Average target price
7,140
ARS
Spread / Average Target
-71.03%
Consensus
1st Jan change
Capi.
+58.27% 10.98B +8.89% 228B +8.59% 104B +24.45% 102B +21.03% 63.26B +9.36% 61.73B +20.10% 51.05B +26.44% 37.43B +22.41% 26.2B -12.89% 20.63B
Other Oil & Gas Refining and Marketing
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