YPF is Argentina’s largest integrated energy company, active across exploration and production, refining, logistics and fuel marketing. A major focus is developing unconventional oil and gas in the Vaca Muerta shale formation alongside conventional upstream and downstream operations. The Argentine state is a significant shareholder, and the business is tightly linked to domestic energy supply and export potential.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 4,641 | — | 50 | — |
| Q3 2025 | 4,643 | — | -206 | — |
| Q4 2025 | 4,544 | — | -654 | — |
| Q1 2026 | 4,943 | — | 404 | — |
| Q2 2026 | 6,574 | 41.6% | 1,201 | 2,302% |
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