LARGEST COMPANY IN ARGENTINA 01 YPF is the largest company in REVENUES Fuels Natural Gas Exports Other Argentina in terms of revenues In Million of US with almost 100-year-old history. 17,544 16,957 02 Leading integrated player in…
COMMITTED TO SUSTAINABILITY Our Sustainability Priorities reflect our context, values and strategy. Renewed Code of Ethics and Conduct during 2019 and Integrity Program implemented. 5
INTEGRATED ACROSS THE ENTIRE VALUE CHAIN DOMESTIC MARKET 79% Domestic prices (gasoline and DOMESTIC CRUDE 93% MARKET diesel) 21% International prices PRODUCTION REFINING 91% (jet fuel, kerosene, fuel oil, LPG OIL EXPORTS and…
DIVERSIFIED UPSTREAM PORTFOLIO ACROSS ARGENTINA UPSTREAM PORTFOLIO (1) TOTAL PRODUCTION (2) Other Market share breakdown (%) 25% NOROESTE 36% A PRODUCTION: A 4% 4.6 mm boe 5% % LIQUIDS: % GAS: 12% 88% 7% 7% 17% CUYANA B…
FUTURE GROWTH BACKED BY THE UNCONVENTIONALS 01 Largest shale producer outside the US with TOTAL PRODUCTION Conventional Shale Tight Shale as % 1.8 million acres (net). KBOE/D 3% 5% 5% 7% 11% 18% 22% 02 Since 2014, YPF accounted…
DOWNSTREAM NEWTWORK REACHING ALL THE TERRITORY DOWNSTREAM PORTFOLIO REFINING Over 50% of Argentinas refining capacity, operating 3 wholly-owned refineries with D A LUJN DE CUYO 320 Kbbl/d capacity (1)(2). CAPACITY: 1 ENSENADA 106…
MAIN AFFILIATES BUSINESSES AT A GLANCE 38% stake 70% stake 50% stake 50% stake 75% stake 51% stake co-controlled with Dow and co-controlled with Nutrien co-controlled with Pampa co-controlled with GE co-controlled with CONICET…
PRIORITIZED FINANCIAL SUSTAINABILITY DESPITE THE CONTRACTION IN PROFITABILITY (1) Net debt is calculated as total debt less cash & NET DEBT EVOLUTION (1) equivalents. Cash & equivalents include CAPEX Upstream Downstream Gas & Power…
MARKET LEADER IN BOTH OIL AND NATURAL GAS PRODUCTION TOTAL PRODUCTION Crude Oil CONVENTIONAL PRODUCTION Crude Oil Natural Gas Natural Gas KBOE/D NGL KBOE/D NGL 560 577 577 555 530 514 495 467 488 464 424 385 347 306 2014…
DESPITE CONTRACION IN 1P RESERVES IN 2020, SHALE RESERVES INCREASED BY 5% Y/Y EVOLUTION HYDROCARBON RESERVES 01 Reserves 10-year Million BOE average of 1,055 million BOE. Shale Other 02 Replacement ratio for shale stood at…
LOWER PRICING AND OUTPUT PUT PRESSURE ON MARGINS IN THE SHORT-TERM ADJUSTED EBITDA & MARGIN CRUDE OIL AVERAGE REALIZATION PRICE In Million of US US/BBL 42% 43% 42% 43% 46% 5,00 40% 73.7 67.6 4,50 62.6 3,657 3,738 3,498 40 %…
LEADING PLAYER IN THE LOCAL DOWNSTREAM SEGMENT SALES OF REFINED PRODUCTS GASOLINE & DIESEL SALES (1) KM3 Exports Other Local Jet Fuel Market share breakdown (%) Gasoline Diesel Other 18,175 18,490 18,031 17,910 18,032 17,783…
RESILIENT MARGINS DESPITE CHALLENGING MARKET CONDITIONS ADJUSTED EBITDA & MARGIN F.O.B. REFINERY / TERMINAL PRICE (1) In Million of US US/BBL Gasoline Diesel 12% 12% 121 10% 8% 8% 6% 7% 10% 114 2, 000 5% 1,662 114 0%…
Critical activities continued with no interruptions, in spite of COVID- 19, applying strict health and safety protocols. Reached lowest IFR(1) MAIN in our history. Positive net cash flow, despite profitability being negatively…
SAFETY OF OUR PEOPLE REMAINS A TOP PRIORITY INJURY FREQUENCY RATE COVID-19 MEASURES Per million hours worked EMPLOYEES Weekly COVID-19 Risk Committee including real time monitoring of cases. 1.04 Managed to keep all businesses…
WORKING TOWARDS THE ENERGY TRANSITION (3) YPF is not part of the Dow Jones SUSTAINABILITY RANKING DOW JONES SUSTAINABILITY INDEX (3) Sustainability Index. YPF was voluntary assessed by SAM. YPF voluntarily participates in the…
RAPIDLY REACTED TO THE EFFECTS OF THE PANDEMIC PRIORITIZING FINANCIAL DISCIPLINE Fuels Natural Gas -32% Upstream Downstream -56% REVENUES CAPEX Exports Other Gas & Power Other 3,521 In Million of US 13,749 In Million of US -34%…
THE PANDEMIC TOOK A TOLL ON ALL OUR BUSINESS SEGMENTS NORMALIZED EBITDA(1) In Million of US 3,644 -957 -44% Y/Y -60% Y/Y -663 Production -85 91 -575 2,029 Prices Demand Prices Results not 1,454 Lif ting cost Prices transf…
DEMAND AND PRICES CONTINUED IMPROVING BUT WERE OFFSET BY HIGHER OPEX AS WE RESUMED ACTIVITY NORMALIZED EBITDA(1) In Million of US 196 -40 548 -169 -150 -30% Q/Q -53% Q/Q Prices -43% Y/Y -72% Y/Y FLNG - Lower -201 Op. Losses 385…
GRADUAL RESUMPTION IN ACTIVITY SHALL SET THE PATH FOR FUTURE RECOVERY IN UPSTREAM Crude Oil Natural Gas NGL TOTAL PRODUCTION YPF O&G AVERAGE REALIZATION PRICES 2020: 467 KBOE/D Crude Oil (USD/BBL) Natural Gas (USD/MMBTU) (-9%) 80…
SHALE USED AS A BUFFER TO FACE LOWER DEMAND WHILE EFFICIENTLY MITIGATING DECLINE IN CONVENTIONALS NET SHALE PRODUCTION Crude Oil Natural Gas NGL CONVENTIONAL PRODUCTION BY TYPE KBOE/D 2020: 101 KBOE/D Crude Oil Natural Gas NGL 160…
RESUMING UPSTREAM ACTIVITY IN A MORE EFFICIENT WAY (1) For pulling activities. ACTIVITY EVOLUTION 126 123 Drilling Workover Pulling 122 of equipment 77 39 19 2018 2019 1Q20 2Q20 3Q20 4Q20 NOC - Frac speed 2.9 4.7 6.0 n.m. 5.3…
LOW RESERVE REPLACEMENT ON LIQUIDITY CONSTRAINS BUT SUPPORTED BY SHALE DEVELOPMENTS EVOLUTION OF HYDROCARBON PROVED RESERVES 2020 RESERVES BREAKDOWN Million BOE 7% Shale Other % 1,080 1,073 929 19% 922 8% 31% 52% 39% 41%…
EMBARKED IN A COMPANY-WIDE COST CUTTING PLAN, ALREADY HARVESTING ENCOURAGING RESULTS (1) Normalized opex mainly excludes EVOLUTION OF NORMALIZED OPEX(1) charges related to the VRP, stand-by REVIEWING CONTRACTS WITH VENDORS cost, Decree…
CONTINUED ACTIVELY MANAGING OUR LIQUIDITY TO MITIGATE FX RISK (1) Cash and equivalents at the end of 2019 converted to US using the December 31, 2019 exchange rate of AR59.79 to US1.00. Cash and equivalents at the end of 2020…
SUCCESFUL LIABILITY MANAGEMENT EXERCISES PROVIDING SHORT-TERM FINANCIAL RELIEF CASH-FLOW SAVINGS FROM LIABILITY MANAGEMENT EXERCISES 01 Completed a market friendly liability In Million of US Savings 1st LM Savings 2nd LM Cumulative…
01 Profitability to recover as demand further 03 Net new financing shall be needed to normalizes, OPEX efficiencies are fund our target capex program. Sales of 2021 consolidated, and active pricing policy at the pump continues.…
FOCUSING SHALE OIL ACTIVITY ON OUR CORE HUB BANDURRIA SUR LA AMARGA CHICA LOMA CAMPANA NEW WELLS NET PRODUCTION NET CAPEX Crude Oil IN 2021E Dec-2021E 2021E 90 50 KBBL/D US500 MN HUB CORE OIL KBBL/D Crude Oil Crude Oil 2020…
NEW PLAN GAS IMPROVES MID-TERM VISIBILITY AND PROFITABILITY PROFILE OF PROJECTS AGUADA DE LA ARENA AGUADA PICHANA ESTE AGUADA PICHANA OESTE LA CALERA LA RIBERA I RINCN DEL MANGRULLO RO NEUQUN NET CAPEX 2021 NET CAPEX 2021-2024 US500…
Macacha Gemes 515 (CP 1106) CONTACT Sergio Affronti Ciudad Autnoma de Buenos Aires INFORMATION Chief Executive Officer Argentina Alejandro Lew +54 (11) 5441 1906 Chief Financial Officer ir.ypf.com Santiago Wesenack Investor…