YPF TODAY A 96-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…
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)…
SAFETY AND SUSTAINABILITY AS CORE VALUE TOTAL IFR DOW JONES of people injured for each million hours worked SUSTAINABILITY INDEX (1) 2009 Q1 2019 Oil & Gas Upstream & Integrated Industry YPF score by RobecoSAM 100 DJSI OGX…
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…
TOTAL PRODUCTION DECREASED 11.5% DRIVEN BY NATURAL GAS CURTAILMENTS TOTAL PRODUCTION PRODUCTION BREAKDOWN (KBOE/D) NGL (KBOE/D) Conventionals Shale + Tight Natural Gas -11.5% Crude Oil 549.6 22.1 549.6 -11.2% 486.5 -51.2 486.5…
STRONG INCREASE IN NET SHALE PRODUCTION COMBINED WITH COST REDUCTIONS NET SHALE O&G PRODUCTION(1) NGL SHALE OIL DEVELOPMENT COST - LOMA CAMPANA (KBOE/D) Natural Gas (USD/BOE) +45.1% 71.1 Crude Oil 16.1 13.4 11.4 49.0 10…
UPDATE ON VACA MUERTA SHALE OIL Exploration operated and non operated Pilots operated Pilots non-operated 2 BN USD gross operated Development capex planned for 2019 3 ongoing shale oil developments 6 shale oil operated pilots…
GAS PRODUCTION, RESTRICTIONS AND PRICE NATURAL GAS PRODUCTION GAS REALIZATION PRICE Mm3/d USD/MMBTU NG Production Production Curtailments 48 14 Market Subsidies 46 12 4.65 44 10 3.72 42 40 8 38 6 36 4 34 2 32 30 0 Q1 2018…
TANGO FLNG BARGE-BASED FLOATING LIQUEFACTION UNIT First step towards positioning Argentina as an LNG export player Arrived in Q1 2019 LNG exports in Q3 2019 Expected sales around USD 200 million per year LOCATED LIQUEFACTION…
ARGENTINA OFF-SHORE CAN -102 Exploration blocks in North & Malvinas basins with high potential CAN -100 Partnerships with international players CAN -114 Low financial commitments 48 MM USD over 4 years GLOBAL PLAYERS…
DOWNSTREAM: SOLID MARKET LEADERSHIP Monthly Diesel Sales (Km3) 750 +0.2% Lujn de Cuyo refinery AProved reserves: % liquids: 98 85 M boe D 700 2018 Capacity: % gas: 2 105.5 kbbl/d 2019 Production: 8.8 M boe 650 201 7 La…
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 Mar-19…
POSITIVE FREE CASH FLOW DRIVEN BY STRONG CASH GENERATION CONSOLIDATED STATEMENT OF ADJUSTED CASH FLOW FREE CASH FLOW (4) (In Millions of USD) (In Millions of USD) 91 310 1,093 +8.0% -783 1,576 1,515 -221 -119 287…
STRONG ENOUGH CASH POSITION TO COVER SHORT TERM MATURITIES PRINCIPAL DEBT AMORTIZATION SCHEDULE (1) (2) USD denominated debt DETAILS (In Millions of USD) Peso denominated debt 1,759 92% denominated 1,576 1,549 in USD and 8%…
Continued improving safety track record; Summary sustainability as a core value Total production decrease driven by natural gas curtailments; shale oil production offset decline in conventional oil Further reductions in shale oil…