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March 2019 Investor Presentation – YPF

YPF · Mar 12, 2019 · 18 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. March 2019 Investor Presentation – YPF – slide 1
    INVESTOR PRESENTATION March 2019 1
  2. March 2019 Investor Presentation – YPF – slide 2
    YPF TODAY A 95-year- Publicly The largest World-class The leading downstream player YPF Luz fifth- old traded O&G producer shale producer in Argentina largest power company corporation in Argentina generator in 3 refineries: 50% of…
  3. March 2019 Investor Presentation – YPF – slide 3
    LEADING ARGENTINE O&G COMPANY UPSTREAM DOWNSTREAM MARKET SHARE BREAKDOWN (%) MARKET SHARE BREAKDOWN (%) Oil Others Crude Processing 1 No. of Gas Stations 2 Production 1 20% Others Others 2% 45% 3% 4% 2% 27% 4% 16% 35% 61%…
  4. March 2019 Investor Presentation – YPF – slide 4
    INTEGRATED ACROSS VALUE CHAIN Oil Domestic Purchases Domestic market business market 83% Domestic prices (gasoline, diesel) 90% 17% International prices (bunker, jet fuel, petrochemicals, lubricants, LPG and others)…
  5. March 2019 Investor Presentation – YPF – slide 5
    UPSTREAM: SIGNIFICANT POTENTIAL WITH LEADING MARKET POSITION Cuyana YPF has 108 concessions in the most productive Argentine Proved reserves: 41 mm boe basins (total reserves 1P: 1,080 mm boe) and 24 exploration % liquids: 99%…
  6. March 2019 Investor Presentation – YPF – slide 6
    SAFETY AND SUSTAINABILITY AS CORE VALUES TOTAL IFR DOW JONES of people injured for each million hours worked SUSTAINABILITY INDEX (1) 2008 - 2018 Oil & Gas Upstream & Integrated Industry YPF score by RobecoSAM 1.89 100 DJSI OGX…
  7. March 2019 Investor Presentation – YPF – slide 7
    ORGANIC INCREASE IN RESERVES Reserve Replacement Ratio 178% Shale P1 reserves representing 19% of total reserves TOTAL HYDROCARBON PROVED RESERVES (MBOE) 1,212 1,226 1,132 1,083 1,113 1,080 1,014 982 1,005 979 929 2008…
  8. March 2019 Investor Presentation – YPF – slide 8
    TOTAL PRODUCTION DECREASED BY 4.5% DRIVEN BY NATURAL GAS CURTAILMENTS TOTAL PRODUCTION PRODUCTION BREAKDOWN (KBOE/D) NGL (KBOE/D) Conventionals Shale + Tight Natural Gas -4.5% Crude Oil 20.9 555.0 555.0 530.2 530.2 -23.1% -39.5…
  9. March 2019 Investor Presentation – YPF – slide 9
    STRONG INCREASE IN NET SHALE PRODUCTION COMBINED WITH COST REDUCTIONS Dec 18 NET SHALE O&G PRODUCTION (1) 72 SHALE OIL DEVELOPMENT COST - LOMA CAMPANA (KBOE/D) (USD/BOE) 57.7 16.1 +57.0% 13.4 11.4 36.7 2016 2017 2018…
  10. March 2019 Investor Presentation – YPF – slide 10
    WE ARE EXPANDING THE CURRENT SHALE OIL DEVELOPMENT HUB SIZE WITH 3 FIDs GROSS NEW GROSS DEDICATED PRODUCTION PRODUCING CAPEX 2019 (1) RIGS (1) Dec-2019 (1) WELLS IN 2019 (1) (MUSD) (KBOE/D) LOMA 4 40 59 670 CAMPANA-Ph2 LA…
  11. March 2019 Investor Presentation – YPF – slide 11
    GAS PRODUCTION, RESTRICTIONS AND PRICE 2018 NATURAL GAS PRODUCTION 2018 GAS REALIZATION PRICE Mm3/d USD/MMBTU Estimate vs. Actual NG Production Production curtailments Market 48 8 Subsidies 46 7 5 44 6 4 42 5 40 3 4 38 3…
  12. March 2019 Investor Presentation – YPF – slide 12
    TANGO FLNG BARGE-BASED FLOATING LIQUEFACTION UNIT First step towards positioning Argentina as an LNG export player Arriving Q1 -2019 LNG production Q2 2019 Expected sales around USD 200 million per year LOCATED LIQUEFACTION…
  13. March 2019 Investor Presentation – YPF – slide 13
    DOWNSTREAM: SOLID MARKET LEADERSHIP Monthly Diesel Sales (Km3) +4.5% 800 Lujn de Cuyo refinery AProved reserves: % liquids: 98 85 M boe D 750 Capacity: % gas: 2 105.5 kbbl/d Production: 8.8 M boe 700 2018 650 2017 La…
  14. March 2019 Investor Presentation – YPF – slide 14
    GRADUAL ADJUSTMENTS IN FUEL PRICES TO BRIDGE GAP WITH IMPORT PARITY FUELS BLENDED PRICE VS IMPORT PARITY(1) (% VARIATION) Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Fuels…
  15. March 2019 Investor Presentation – YPF – slide 15
    POSITIVE FREE CASH FLOW DRIVEN BY STRONG CASH GENERATION CONSOLIDATED STATEMENT OF ADJUSTED CASH FLOW FREE CASH FLOW (1) (In Billions of PS) (Cumulative, In Billions of PS) 20.9 36.8 125.1 12.8 23.9 8.8 -88.3 15.1 -26.3…
  16. March 2019 Investor Presentation – YPF – slide 16
    STRONG CASH POSITION TO COVER SHORT TERM MATURITIES FINANCIAL DEBT AMORTIZATION SCHEDULE (1) (2) USD denominated debt DETAILS (In Millions of USD) Peso denominated debt 1,724 1,761 90% denominated 1,515 in USD and 10% 1,468…
  17. March 2019 Investor Presentation – YPF – slide 17
    Outlook Continue improving safety track record; sustainability as a core Year 2019 value Focus on shale oil to accelerate growth based on outstanding 2018 results Secondary recovery turn around and massive deployment of EOR Shale…
  18. March 2019 Investor Presentation – YPF – slide 18
    INVESTOR PRESENTATION March 2019 19

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