YPF S.A. is an integrated Argentine energy company operating across exploration, production, refining, transportation, and commercialization of oil, natural gas, and derivatives, as well as electricity generation and petrochemical activities.
Founded in 1922, YPF evolved over decades into one of the most relevant real-asset energy players in the region, managing diversified upstream and downstream operations essential to national energy supply and industrial development. Its mixed ownership structure reflects the combination of state participation and private-sector governance practices.
The company’s origins are tied to national efforts to expand energy infrastructure, strengthen domestic oil production, and modernize Argentina’s industrial base. This strategic role positioned YPF as a cornerstone in securing long-term access to hydrocarbon resources and supporting national development initiatives.
Over time, YPF expanded its operational presence to include refining complexes, nationwide logistics networks, downstream distribution, petrochemical operations, and complementary activities across the energy value chain. The company has also advanced modernization programs and initiatives linked to energy transition and low-carbon development.
YPF’s portfolio encompasses conventional and unconventional resources, with a central role in Vaca Muerta, one of the world’s most significant shale formations. The company also manages refineries, gas-distribution infrastructure, service-station networks, and industrial plants that support Argentina’s broader energy system.
Its operations are predominantly domestic, concentrated within Argentina, with selective international partnerships. External factors such as commodity pricing, national energy policy, regulatory frameworks, and global energy-transition dynamics influence its strategic planning and investment decisions.
YPF functions through a mixed-capital structure that integrates majority state ownership with private shareholders, driving initiatives aimed at operational efficiency, infrastructure expansion, and sustainable growth. Its governance and management systems reflect the technical complexity of operating across multiple segments of the oil, gas, and power industries.
With thousands of employees and extensive industrial assets, YPF S.A. maintains a business model based on energy security, integrated production, and long-term portfolio management.
The company holds significant influence within the Latin American energy sector and its shares are traded internationally under the ticker YPF.
History and when YPF S.A. was created
YPF S.A. was founded in 1922 as Yacimientos Petrolíferos Fiscales, becoming one of the world’s first state-owned oil companies and shaping Argentina’s strategy for petroleum exploration, production, and national energy security. Its establishment marked a significant milestone in the consolidation of state influence over hydrocarbon resources.
In its early decades, the company developed extraction capacity, refining units, transportation networks, and fuel-distribution operations, supporting growing urbanization and industrial expansion across Argentina. Its initial mission centered on ensuring reliable energy access and reducing external dependency in strategic sectors.
Throughout the 20th century, YPF broadened its presence across refining, distribution, and derivative commercialization, adding technological capabilities and increasing integration throughout the energy chain. The company became a structural component of Argentina’s industrial and economic development.
During the 1990s, YPF underwent major corporate transformations, including privatization processes and international partnerships that reshaped its governance structure and aligned operations with global market standards. This period marked increased diversification, operational modernization, and integration with international energy networks.
In 2012, the Argentine government reestablished majority control of YPF, redirecting corporate strategy toward national energy priorities, unconventional-resource development, and expansion of infrastructure associated with Vaca Muerta. This stage accelerated investment in shale oil and gas operations and reinforced long-term national energy objectives.
Between 2020 and 2024, YPF intensified investments in renewable energy, refining modernization, digital infrastructure, and gas-production projects, while strengthening institutional partnerships and supporting national energy-transition strategies.
Today, the company remains one of the leading energy players in Latin America, sustaining a diversified portfolio across hydrocarbons, petrochemicals, power generation, and technological modernization.
Additional Information
The Company YPF Sociedad Anonima (United States), is listed on Nasdaq with a market value of $ 13.92 Billions, having an equity of $ 11.63 Billions.
The Company is listedthe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 18.64 Billions, which generated a loss in the amount of $ -462.00 Millions.
As for its main indicators, the Company has a P/E ratio of -30.13, a P/BV ratio of 1.20 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker YPF.