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Q1 2023 Earnings Presentation – YPF

YPF · Jun 15, 2023 · 21 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. Q1 2023 Earnings Presentation – YPF – slide 1
    Documento: YPF-Pblico INVESTOR PRESENTATION JUNE, 2023 Documento: YPF-Pblico
  2. Q1 2023 Earnings Presentation – YPF – slide 2
    Documento: YPF-Pblico AGENDA 01. COMPANY OVERVIEW 02. UPSTREAM 03. DOWNSTREAM 04. LATEST FINANCIAL RESULTS Documento: YPF-Pblico 3
  3. Q1 2023 Earnings Presentation – YPF – slide 3
    Documento: YPF-Pblico LARGEST AND LEADING COMPANY IN ARGENTINA 01 YPF is the largest company in REVENUES Argentina in terms of revenues Fuels Natural Gas Exports Other Local In Billion of US with almost 100-year-old history. 02…
  4. Q1 2023 Earnings Presentation – YPF – slide 4
    Documento: YPF-Pblico DEEPENING THE PATH TO LOW-CARBON ENERGY PRODUCTION BREAKDOWN OF DIRECT GHG EMISSIONS- BY BUSINESS INTENSITY OF DIRECT GHG KgCO2e/ BOE UPSTREAM % EMISSIONS UPSTREAM (1) (2) UP - Unconventional Conventional…
  5. Q1 2023 Earnings Presentation – YPF – slide 5
    Documento: YPF-Pblico INTEGRATED ACROSS THE ENTIRE VALUE CHAIN DOMESTIC MARKET DOMESTIC 82% Domestic prices (gasoline and CRUDE 99.7% MARKET diesel) 18% International prices REFINING (jet fuel, kerosene, fuel oil, LPG OIL…
  6. Q1 2023 Earnings Presentation – YPF – slide 6
    Documento: YPF-Pblico PROFITABILITY OF OUR MAIN AFFILIATES EQUITY STAKE 50% 38% 75% 37% 100% LTM ADJ. EBITDA 1Q23 (US ) (1) 742 mn 252 mn 391 mn 92 mn 64 mn Higher international Fractionating plant Inaugurated New Solar…
  7. Q1 2023 Earnings Presentation – YPF – slide 7
    Documento: YPF-Pblico AGENDA 01. COMPANY OVERVIEW 02. UPSTREAM 03. DOWNSTREAM 04. LATEST FINANCIAL RESULTS Documento: YPF-Pblico 88
  8. Q1 2023 Earnings Presentation – YPF – slide 8
    Documento: YPF-Pblico DOMINANT UPSTREAM POSITION WITH OPERATIONS IN ALL PRODUCTIVE BASINS UPSTREAM PORTFOLIO (1) TOTAL PRODUCTION (2) Other Market share breakdown (%) A NOROESTE 33% PRODUCTION: A 3.6 mm boe % LIQUIDS: % GAS:…
  9. Q1 2023 Earnings Presentation – YPF – slide 9
    Documento: YPF-Pblico LARGEST O&G PRODUCER WITH SHALE LEADING FUTURE GROWTH TOTAL PRODUCTION NET SHALE PRODUCTION Shale Oil Shale Gas Crude Oil Natural Gas NGL KBOE/D KBBL/D & KBOE/D +3.3x +3.6x 105 530 514 511 101 470 503 92…
  10. Q1 2023 Earnings Presentation – YPF – slide 10
    Documento: YPF-Pblico WE ARE STILL AT AN EARLY STAGE OF DEVELOPMENT WITHIN OUR VACA MUERTA ACREAGE YPF OPERATOR STRATEGIC PARTNERS Exploration Pre-development Development Vaca Muertas Total Acreage and YPFs Share YPF NON…
  11. Q1 2023 Earnings Presentation – YPF – slide 11
    Documento: YPF-Pblico TOTAL P1 RESERVES RECORDED A NEW ANNUAL INCREASE DRIVEN BY SHALE ADDITIONS EVOLUTION OF HYDROCARBON PROVED RESERVES EVOLUTION OF HYDROCARBON PROVED RESERVES Million BOE +4% Million BOE Other Shale 322 1,143…
  12. Q1 2023 Earnings Presentation – YPF – slide 12
    Documento: YPF-Pblico AGENDA 01. COMPANY OVERVIEW 02. UPSTREAM 03. DOWNSTREAM 04. LATEST FINANCIAL RESULTS Documento: YPF-Pblico 13
  13. Q1 2023 Earnings Presentation – YPF – slide 13
    Documento: YPF-Pblico NATIONWIDE DOWNSTREAM NEWTWORK DOWNSTREAM PORTFOLIO REFINING Over 50% of Argentinas refining capacity, operating 3 wholly-owned refineries with D A LUJN DE CUYO 328.1 Kbbl/d capacity (2)(3). CAPACITY: 1…
  14. Q1 2023 Earnings Presentation – YPF – slide 14
    Documento: YPF-Pblico LEADING PLAYER IN THE LOCAL DOWNSTREAM SEGMENT SALES OF REFINED PRODUCTS Exports Other Local GASOLINE & DIESEL SALES (1) Mm M3 Jet Fuel Gasoline Market share breakdown (%) Other Diesel 6% 6% 18.0 18.7…
  15. Q1 2023 Earnings Presentation – YPF – slide 15
    Documento: YPF-Pblico AGENDA 01. COMPANY OVERVIEW 02. UPSTREAM 03. DOWNSTREAM 04. LATEST FINANCIAL RESULTS Documento: YPF-Pblico 16
  16. Q1 2023 Earnings Presentation – YPF – slide 16
    Documento: YPF-Pblico PRODUCTION CRUDE OIL ADJ. NET CAPEX FCF (2) NET PRODUCTION EBITDA (1) INCOME DEBT BOE/D BBL/D US US US US US 511k 238k 1,044 mn 341 mn 1,298 mn -17 mn 6,043 mn +2% Q/Q +3% Q/Q +12% Q/Q -27% Q/Q -9% Q/Q +US…
  17. Q1 2023 Earnings Presentation – YPF – slide 17
    Documento: YPF-Pblico STRONG OPERATING CASH FLOW, WHILE MAINTAINING A HEALTHY LIQUIDITY POSITION AND MANAGEABLE SHORT-TERM MATURITIES Int. Bonds CONSOLIDATED STATEMENT OF ADJUSTED CASH FLOW (1) CONSOLIDATED PRINCIPAL Local Bonds In…
  18. Q1 2023 Earnings Presentation – YPF – slide 18
    Documento: YPF-Pblico TARGETS 2023 PRODUCTION CAPEX FY23 vs. FY22 NET UPSTREAM YPF OIL +8% NATURAL GAS +3% 5.0 NATURAL LEVERAGE RATIO Bn US GAS 35% SHALE +30% +15% 2.3 Shale 1.3 Conventional +8% +10% vs. 4Q22 OIL:…
  19. Q1 2023 Earnings Presentation – YPF – slide 19
    Documento: YPF-Pblico MEDIUM TERM TARGETS / 5 YEAR OUTLOOK UPSTREAM OIL NATURAL GAS CONVENTIONAL OIL PRODUCTION PRODUCTION PRODUCTION* OIL PRODUCTION EXPORTED BY 2027 2x +30% Stable 35-40% SHALE OIL NATURAL GAS SHALE PRODUCTION…
  20. Q1 2023 Earnings Presentation – YPF – slide 20
    Documento: YPF-Pblico CASH FLOW SENSITIVITIES 9 BRENT 100 DIVIDENDS Adequate capital structure BRENT 80 CAPEX to enable growth potential 8 BRENT 60 INTEREST on the back of positive free 7 cash flow in 2020-22 (Billion USD annual…
  21. Q1 2023 Earnings Presentation – YPF – slide 21

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