tiprankstipranks
YPF Sociedad Anónima Announces Strong Q1 2024 Performance
Company Announcements

YPF Sociedad Anónima Announces Strong Q1 2024 Performance

Ypf Sociedad Anonima (YPF) has released an update.

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.

For further insights into YPF stock, check out TipRanks’ Stock Analysis page.

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles