Who owns YPF Argentina?

Government of Argentina
The government of Argentina eventually agreed to pay $5 billion compensation to Repsol….YPF.

What is YPF in Argentina?

YPF Sociedad Anonima (YPF) is an energy company. The Company is operating a fully integrated oil and gas chain. The Company operates through the segments, including Exploration and Production, Downstream, and Corporate and Other.

Is YPF state owned?

Argentina’s Congress has voted to fully privatize state petroleum company Yacimientos Petroliferos Fiscales (YPF), a move the government expects to net at least $8 billion. YPF is responsible for 40% of Argentina’s oil production. …

Is YPF a buy?

YPF Sociedad Anónima has received a consensus rating of Sell. The company’s average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 3 sell ratings.

What happened to Repsol in Argentina?

Spanish oil company Repsol has ended its operations in Argentina, two years after the government seized its assets. Last month the Argentine congress gave final approval to pay $5bn (£3bn) in compensation for Repsol’s stake in Argentine oil firm YPF.

What happened to Repsol YPF and Argentina in term of this nationalization?

After YPF was nationalized in 2012, Repsol’s share in the company was seized and reduced to 12 percent without any compensation. The settlement had been pending since the company’s expropriation.

Where is YPF located?

and Other segment covers corporate administrative expenses and assets, construction activities, and the environmental remediation. The company was founded on June 2, 1977 and is headquartered in Buenos Aires, Argentina.

What does YPF stand for?

YPF