- CEO
- Horacio Daniel Marín
- Full Time Employees
- 21,594
- Sector
- Energy minerals
- Industry
- Integrated oil
- Address
- Macacha GUeemes 515 Buenos Aires BA Argentina C1106BKK
- IPO Date
- Apr 14, 1999
- Business
- YPF Sociedad Anónima YPF Sociedad Anónima operates as a vertically integrated energy company engaged in oil and gas upstream and downstream activities primarily in Argentina; its upstream operations encompass the exploration, development, exploitation, and production of crude oil, natural gas, and natural gas liquids, with significant focus on the Vaca Muerta shale formation where it leads unconventional hydrocarbon production; downstream activities include crude oil refining at three major facilities with combined capacity of approximately 120 million barrels per year, petrochemical production, and the transportation, distribution, and marketing of refined products such as gasoline, diesel, fuel oil, asphalts, lubricants, fertilizers, phytosanitary products, and ensiling bags through a network of over 1,500 service stations and terminal facilities at Argentine ports; gas and power operations involve natural gas transportation, commercialization, regasification, processing, and power generation at 21 plants with aggregate capacity exceeding 3,000 megawatts; the company also supplies coal, sulfur, CO2, decanted oil, and aromatic extracts to industrial, agricultural, and retail customers across Argentina, with regional presence in Chile and Bolivia. Founded in 1922 and headquartered in Buenos Aires, Argentina, YPF Sociedad Anónima maintains interests in over 100 oil and gas fields and operates approximately 2,800 kilometers of crude oil pipelines; it was incorporated in its current form in 1977 following earlier iterations as a state enterprise, underwent privatization in 1993, acquisition by Repsol in 1999, and renationalization of a 51% stake by the Argentine government in 2012. Recent developments include acceleration of shale oil output in Vaca Muerta beyond 200,000 barrels per day with improved efficiency and lower lifting costs as of 2025; initiation of construction on the first tranche of the Vaca Muerta Sur Oil Pipeline and progress on a consortium for the second tranche; selection of a site in Rio Negro province for an Argentine LNG production project expected to contribute substantially to export revenues; execution of six sales and purchase agreements for clusters in the Andes project divestment initiative targeting completion by year-end 2024; signing of a preliminary framework agreement with ADNOC in late 2024 for strategic partnership; board changes in November 2025 with resignation of a director and appointment of Lisandro Catalán; and an acquisition completed on January 29, 2025.