YPF Sociedad Anonima (YPF) has released an update. YPF Sociedad Anonima reported a significant financial performance for the third quarter of 2024, with revenues reaching $5.3 billion, a 17.6% increase year-over-year, driven by higher natural gas sales, increased shale production, and rising local fuel prices. Adjusted EBITDA rose by 47% from the previous year, reflecting robust shale oil output and improved local fuel prices despite challenges from extreme weather in Patagonia. The company also
YPF SA (YPF) reports a nearly threefold increase in net income and a significant rise in shale oil production, despite facing cash flow and cost challenges.