Ypf Sociedad Anonima (YPF) has released an update.
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YPF Sociedad Anónima reports a robust first quarter for 2024 with a 15% increase in adjusted EBITDA at US$1,245 million, driven by higher local fuel prices and reduced cost pressures. The company’s total hydrocarbon production rose 3% year-on-year, with shale oil output showing a significant 21% annual growth. Despite a quarterly decline in domestic fuel demand, the company’s financial performance demonstrates an upward trajectory.
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