ADVFN Logo
Registration Strip Icon for monitor Customized watchlists with full streaming quotes from leading exchanges, such as NASDAQ, NYSE, AMEX, OTC Markets Small-Cap, LSE and more.
YPF Sociedad Anonima

YPF Sociedad Anonima (YPF)

40.30
0.59
(1.49%)
Closed November 30 4:00PM
40.30
0.00
(0.00%)
After Hours: 5:04PM

Calls

StrikeBid PriceAsk PriceLast PriceMidpointChangeChange %VolumeOPEN INTLast Trade
30.008.5010.609.809.550.000.00 %0245-
31.008.8011.508.8010.150.000.00 %01,016-
32.008.208.808.808.500.404.76 %24111/29/2024
33.007.307.707.007.500.000.00 %0684-
34.006.407.205.956.800.000.00 %0116-
35.005.505.804.905.650.000.00 %0865-
36.002.955.004.623.9750.000.00 %0203-
37.002.604.204.153.40-0.55-11.70 %310611/29/2024
38.002.453.503.452.9750.4715.77 %666511/29/2024
39.002.552.803.092.6750.3914.44 %822611/29/2024
40.002.102.852.292.4750.2411.71 %4743311/29/2024
41.001.651.801.741.7250.2012.99 %5632811/29/2024
42.000.901.451.651.1750.5043.48 %784311/29/2024
43.000.051.151.200.600.2526.32 %118811/29/2024
44.000.750.900.970.8250.2738.57 %230011/29/2024
45.000.550.700.650.6250.1530.00 %24211/29/2024
46.000.400.550.600.4750.1533.33 %537311/29/2024
47.000.300.450.400.3750.000.00 %076-
48.000.200.350.310.2750.000.00 %05-
49.000.150.250.230.200.000.00 %021-

Professional-Grade Tools, for Individual Investors.

Puts

StrikeBid PriceAsk PriceLast PriceMidpointChangeChange %VolumeOPEN INTLast Trade
30.000.100.650.100.3750.000.00 %082-
31.000.080.750.080.4150.000.00 %01,002-
32.000.100.750.100.4250.000.00 %0161-
33.000.220.200.220.210.000.00 %0196-
34.000.100.250.200.1750.000.00 %31,94811/29/2024
35.000.200.350.210.275-0.17-44.74 %1961311/29/2024
36.000.350.500.420.425-0.13-23.64 %533611/29/2024
37.000.150.700.550.425-0.30-35.29 %951,30611/29/2024
38.000.901.000.930.95-0.17-15.45 %20214911/29/2024
39.001.251.401.641.3250.000.00 %0224-
40.001.701.901.801.80-0.30-14.29 %1381,28511/29/2024
41.002.252.452.352.35-0.30-11.32 %7919211/29/2024
42.002.303.103.302.700.000.00 %030-
43.003.503.803.503.65-0.10-2.78 %1811/29/2024
44.004.304.603.894.45-0.31-7.38 %301011/29/2024
45.005.105.405.005.250.000.00 %057-
46.006.007.905.506.950.000.00 %20011/29/2024
47.006.808.600.007.700.000.00 %00-
48.007.608.100.007.850.000.00 %00-
49.008.509.000.008.750.000.00 %00-

Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
BSLKBolt Projects Holdings Inc
$ 0.71
(139.86%)
80.81M
PRZOParaZero Technologies Ltd
$ 1.24
(94.14%)
205.02M
AIEVThunder Power Holdings Inc
$ 0.47
(87.25%)
122.71M
PASGPassage Bio Inc
$ 1.13
(69.52%)
15.44M
EPOWSunrise New Energy Company Ltd
$ 1.06
(45.21%)
314.9k
APLTApplied Therapeutics Inc
$ 2.03
(-76.31%)
42.74M
TGLTreasure Global Inc
$ 0.2944
(-29.08%)
1.83M
PROCProcaps Group SA
$ 1.51
(-27.75%)
98.71k
SHOTWSafety Shot Inc
$ 0.104
(-20.00%)
1.43k
MONDMondee Holdings Inc
$ 0.7102
(-19.59%)
297.61k
PRZOParaZero Technologies Ltd
$ 1.24
(94.14%)
205.02M
NVDANVIDIA Corporation
$ 138.25
(2.15%)
141.86M
AIEVThunder Power Holdings Inc
$ 0.47
(87.25%)
122.71M
RGTIRigetti Computing Inc
$ 3.05
(27.08%)
116.98M
MARAMARA Holdings Inc
$ 27.42
(1.86%)
89.54M

YPF Discussion

View Posts
real777mellon real777mellon 3 months ago
Wow, Druckenmiller family office buys $YPF in Q1 and Q2 and nobody is here yet? Guess folks hate oil and natural gas for decades. =P
👍️0
real777mellon real777mellon 5 months ago
Morgan Stanley upgrade to $27. Oil is in a longterm downward triangle break and they are reporting a goal of $100 a share in Bloomberg Linea - the CEO said $100 is his goal by 2031 - I believe he's undershooting because it's better to exceed expectations in stock growth :) And because he underestimated before. June analysts on Y! Finance are 13 buy (3 strong buy) and 1 hold. We're going to mars! Bases Law passed investment to flow to oil!
👍️0
imbellish imbellish 8 months ago
Opened a starter position about a week ago.
👍️0
real777mellon real777mellon 8 months ago
Really? No one here yet? [img][/img]
👍️0
real777mellon real777mellon 9 months ago
Legendary call. It's going to be a major global exporter soon enough.
👍️0
real777mellon real777mellon 9 months ago
Don't any of you watch the last 6 months of news on the state of the nation this company operates from? Where are you all?
👍️0
real777mellon real777mellon 1 year ago
$YPF is the best play on Argentina small caps and the future 30 years of the country's free market growth as wealth comes in and oil and gas flow out.
👍️0
Monksdream Monksdream 1 year ago
YPF new 52 week high
👍️ 1
DarkPool DarkPool 1 year ago
Expect a 50% haircut on these ADRs when Latin America ditches the diluted US dollar
👍️0
real777mellon real777mellon 2 years ago
Juggernaut. Absolutely loaded.

Pipes begin exporting in June and well, you should just know the future of fracking and offshore is in the untapped oil and gas of VM shale (which is deeper with trapped hydrocarbons than permian basin) and offshore along the south atlantic patagonian shelf. All JV with the world's biggest oil exporters :)

Institutional investment on fintel.io most likely OTC purchases should paint a picture of the ADR love on the street.
👍️0
nrcmedia nrcmedia 2 years ago
This one is a ‘sleeper’ ….literally for the past several years. Oil & Gas is what’s making it run……but their entry into lithium mining is the smartest move any oil company has made lately.
👍️0
nrcmedia nrcmedia 2 years ago
Well….what can I say. I haven’t been to this board in a few years. I came back today to look at this company and the first thing I notice is that it’s listed as a Telecommunications Co.??
This is an oil and gas company……

So now that we know what thet do….watch them…big move coming. Stock buybacks have already started. I started buying around $6 and continued buying to $7….
👍️0
TrendTrade2016 TrendTrade2016 3 years ago
YPF major break out here
👍️0
TrendTrade2016 TrendTrade2016 3 years ago
next undervalued oil and gas company out of Argentina....monster in the making!!
👍️0
TrendTrade2016 TrendTrade2016 3 years ago
YPF running fast!!
👍️0
TrendTrade2016 TrendTrade2016 3 years ago
short squeeze candidate
👍️0
TrendTrade2016 TrendTrade2016 3 years ago
YPF just may be the biggest oil and gas turnaround play in 2022
👍️0
MWM MWM 3 years ago
Long time no see!

👍️0
ClayTrader ClayTrader 5 years ago
* * $YPF Video Chart 08-12-2019 * *

Link to Video - click here to watch the technical chart video

👍️0
eFinanceMarkets eFinanceMarkets 7 years ago
$YPF Argentina's state-run YPF (YPF -1%) says it finalized a deal with Statoil (STO -0.9%) to jointly explore and develop a block targeting the country's giant Vaca Muerta shale play.

STO will take a 50% stake in the 38.8K-acre Bajo del Toro block in the Neuquen province, home to most of the play's acreage, while YPF will retain the rest of the shares in the block and continue as the operator.

Once the project starts, STO will pay $30M to YPF and handle the $270M in capex, which will include drilling an initial two horizontal wells in the first phase and another six in the second phase, as well as building well-site infrastructure.

YPF still must gain approval for the deal from the Neuquen government.
👍️0
eFinanceMarkets eFinanceMarkets 7 years ago
$YPF Report: YPF eyes sale of electricity subsidiary stake to GE

YPF (YPF +0.1%) is in talks to sell a 49% stake in its electricity generation subsidiary to General Electric (GE +0.2%), Reuters reports, citing local media in Argentina.

The two companies are partners in several electricity projects in Argentina, including plants in the Tucuman province and near the Vaca Muerta shale field.
👍️0
eFinanceMarkets eFinanceMarkets 8 years ago
Schlumberger agrees to $390M Vaca Muerta deal, YPF says

Argentina's YPF (YPF +1.1%) says it reached agreement with Schlumberger (SLB -0.1%) for a $390M investment in the Vaca Muerta shale field.

In a letter to the Buenos Aires stock exchange, YPF says SLB would invest the full amount and obtain a 49% stake in the Bandurria Sur concession, where the two companies would develop a two-phase shale oil pilot project.

SLB is the largest energy company - including BP, Total and Shell - to invest in pilot projects at Vaca Muerta, which contains the world's second largest reserves of shale gas.
👍️0
$Pistol Pete$ $Pistol Pete$ 9 years ago
$YPF Daily and Weekly Charts



👍️0
Timothy Smith Timothy Smith 9 years ago
YPF (YPF -1.3%) would cut spending by as much as 20% next year if a new government in Argentina lowers the domestic oil price nearer to international levels, Bloomberg reports.

The state-controlled company would lower its 2016 budget from this year’s $6B, mainly in operations at the Vaca Muerta shale formation, according to the report.

While oil majors broadly cut 2015 spending, YPF kept its capital budget intact from last year, helped by the government which fixed a local oil price $77/bbl; the next administration has said it plans to lower the country’s crude price to $66, triggering the YPF budget cut.
👍️0
stocktrademan stocktrademan 10 years ago
YPF Sociedad Anonima [$YPF] due diligence

bullish

$YPF

DD Notes ~ http://www.ddnotesmaker.com/YPF

##### recent news/filings ~ source: finance.yahoo.com

Thu, 03 Jul 2014 18:34:00 GMT ~ Brent A. Eshleman, the Executive Vice President of Bellatrix Exploration Ltd. (BXE), Interviews with The Wall Street Transcript
read full: http://finance.yahoo.com/news/brent-eshleman-executive-vice-president-183400823.html
*********************************************************

Wed, 02 Jul 2014 14:00:00 GMT ~ Tomorrow's Ex-Dividends To Watch: NYRT, HCT, YPF
read full: http://www.thestreet.com/story/12763753/1/tomorrows-ex-dividends-to-watch-nyrt-hct-ypf.html?puc=yahoo&cm_ven=YAHOO
*********************************************************

Tue, 01 Jul 2014 19:17:00 GMT ~ Argentina Vs. Billionaire Paul Singer's Elliott Management: Who Has The Upper Hand?
read full: http://www.forbes.com/sites/afontevecchia/2014/07/01/argentina-vs-billionaire-paul-singers-elliott-management-who-has-the-upper-hand/?partner=yahootix
*********************************************************

Tue, 01 Jul 2014 13:40:48 GMT ~ This Stock Is up 140%, but There's Still Room to Run
read full: http://www.fool.com/investing/general/2014/06/30/this-stock-is-up-140-but-theres-still-room-to-run.aspx?source=eogyholnk0000001
*********************************************************

Thu, 26 Jun 2014 18:10:26 GMT ~ What Will Happen to These ADRs if Argentina Defaults?
read full: http://www.fool.com/investing/general/2014/06/26/what-will-happen-to-these-adrs-if-argentina-defaul.aspx?source=eogyholnk0000001
*********************************************************

YPF S.A.
Macacha G
Buenos Aires, 1106
Argentina - Map
Phone: 54 11 5441 5531
Fax: 54 11 5441 2113
Website: http://www.ypf.com

YPF Sociedad Anónima, an energy company, is engaged in the exploration, development, and production of crude oil, natural gas, and liquefied petroleum gas (LPG) in Argentina. The company is also involved in the refining, marketing, transportation, and distribution of oil, petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels; and gas separation and natural gas distribution operations. As of December 31, 2013, it held interests in 52 exploration permits, including 48 onshore and 4 offshore exploration permits, as well as 90 production concessions in Argentina; and had proved reserves of approximately 628 million barrels of oil (mmbbl) and 2,558 billion cubic feet of gas, as well as a distribution network of 1,542 retail service stations. YPF Sociedad Anónima also has 23 crude oil treatment plants and 5 pumping plants. The company?s crude oil transportation network include approximately 2,700 kilometers of crude oil pipelines with approximately 640,000 barrels of aggregate daily transportation capacity of refined products; crude oil tankage of approximately 7 mmbbl; and maintain terminal facilities at 5 Argentine ports. In addition, it participates in 3 power generation plants with an aggregate installed capacity of 1,622 megawatts, as well as provides telecommunications services; and is involved in the production, industrialization, processing, marketing, preparation, transportation, and storage of grains and its derivatives. Further, the company sells diesel fuel, fertilizers, lubricants, agrochemicals, and ensiling bags; supplies coal, asphalts, and paraffin and paraffin derivatives; and provides fleet management services for the transportation sector, certified quality and quantity services, plant operation services and associated logistics, and pre-and-post-sales services, training, and quality product control. YPF Sociedad Anónima founded in 1977 and is based in Buenos Aires, Argentina.

##### chart ~ source: stockcharts.com



##### chart ~ source: eoddata.com



##### company info ~ source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/YPF/company-info
Ticker: $YPF
OTC Market Place: Not Available
CIK code: 0000904851
Company name: YPF Sociedad Anonima
Incorporated In: Argentina

##### extra dd links

Edgar filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000904851&owner=exclude&count=40
Latest filings: http://www.otcmarkets.com/stock/YPF/filings
Latest financials: http://www.otcmarkets.com/stock/YPF/financials
Latest news: http://www.otcmarkets.com/stock/YPF/news - http://finance.yahoo.com/q/h?s=YPF+Headlines

Major holdings: http://data.cnbc.com/quotes/YPF/tab/8.1
Insider transactions (1): http://finance.yahoo.com/q/it?s=YPF+Insider+Transactions
Insider transactions (2): http://www.secform4.com/insider-trading/YPF.htm
Insider transactions (3): http://www.insidercow.com/history/company.jsp?company=YPF

RegSho: http://www.regsho.com/tools/symbol_stats.php?sym=YPF&search=search

DTCC: http://search2.dtcc.com/?q=YPF+Sociedad+Anonima&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information: http://www.spoke.com/search?utf8=%E2%9C%93&q=YPF+Sociedad+Anonima
Corporation WIKI: http://www.corporationwiki.com/search/results?term=YPF+Sociedad+Anonima&x=0&y=0

Short Sales: http://www.otcmarkets.com/stock/YPF/short-sales
Insider Disclosure: http://www.otcmarkets.com/stock/YPF/insider-transactions
Research Reports: http://www.otcmarkets.com/stock/YPF/research
Historical Prices: http://finance.yahoo.com/q/hp?s=YPF+Historical+Prices
Basic Tech. Analysis: http://finance.yahoo.com/q/ta?s=YPF+Basic+Tech.+Analysis
Company Profile: http://finance.yahoo.com/q/pr?s=YPF+Profile
Key Statistics: http://finance.yahoo.com/q/ks?s=YPF+Key+Statistics
Industry: http://finance.yahoo.com/q/in?s=YPF+Industry
Insider Roster: http://finance.yahoo.com/q/ir?s=YPF+Insider+Roster
Income Statement: http://finance.yahoo.com/q/is?s=YPF
Balance Sheet: http://finance.yahoo.com/q/bs?s=YPF
Cash Flow: http://finance.yahoo.com/q/cf?s=YPF+Cash+Flow&annual
Market Watch: http://www.marketwatch.com/investing/stock/YPF
Bloomberg: http://www.bloomberg.com/quote/YPF:US
Morningstar: http://quotes.morningstar.com/stock/s?t=YPF
Bussinessweek: http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=YPF
Barchart: http://www.barchart.com/quotes/stocks/YPF
OTC Short Report: http://otcshortreport.com/index.php?index=YPF
Investopedia: http://www.investopedia.com/markets/stocks/YPF/?wa=0

http://www.pennystocktweets.com/stocks/profile/YPF

##### last known share structure ~ source: otcmarkets.com

Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value

##### business description ~ source: otcmarkets.com



DD Notes ~ http://www.ddnotesmaker.com/YPF
cnds
👍️0
charlys1973 charlys1973 12 years ago
This one petrol company is not one drugstore. And have a lot of petrol underground but A LOT. Only rest organization and serious investors. Go in the correct way now. The price doesn't Real today. The real price is between 30 and 36 uss.
👍️0
charlys1973 charlys1973 12 years ago
This stock will touch soon the 18 uss. News is coming and is oversold technically.
👍️0
kmx_swing kmx_swing 12 years ago
definitely runaway from teens
👍️0
kmx_swing kmx_swing 12 years ago
definitely runaway from teens
👍️0
MWM MWM 12 years ago
Yep looks like something is cooking!



👍️0
kmx_swing kmx_swing 12 years ago
strong contracts to be signed before the end of the year...
👍️0
MWM MWM 12 years ago
10.05 looks like it might fall here, the 10 year low...



👍️0
MWM MWM 12 years ago
YPF Heading for Lowest Close in NY Since November 2002
By Pablo Gonzalez - Nov 13, 2012 3:22 PM ET

YPF SA (YPF), the nationalized oil company, slid as much as 3.4 percent on concerns Argentina may face a technical default as a New York judge is asking the sovereign to submit a plan to pay holders of defaulted debt.
YPF slumped 3.4 percent to $10.10 at 3 p.m. in New York, heading for the lowest close since Nov. 8, 2002.
YPF’s market value is about $4 billion, after losing 76.1 percent in the year. Spain’s Repsol SA (REP) had a 51 percent stake in the company seized by Argentina’s government in April. The Madrid-based company is seeking to obtain $10.5 billion in compensation from Argentina for the expropriation.



👍️0
MWM MWM 12 years ago
Here comes the Big test!



👍️0
MWM MWM 12 years ago
Spain Sees Room for a Deal Between Repsol and Argentina on YPF
By Pablo Gonzalez - Nov 12, 2012 3:01 PM ET

The Spanish government says there is room to negotiate terms for Repsol SA (REP)’s departure from Argentina, Foreign Affairs Minister Jose Manuel Garcia Margallo said speaking before the Spanish Senate.
“There is room for a negotiation,” Margallo said today, according to Germany’s DPA news agency. “It must be done through a regulated procedure and paying a fair price.”
The oil explorer based in Madrid is still waiting to file a claim seeking $10.5 billion in compensation at the World Bank’s International Center for Settlement of Investment Disputes in Washington, said Kristian Rix, a Repsol spokesman in a phone interview from Madrid. ICSID is the principal arbitration court for claims against sovereign countries.
Repsol said it’s seeking compensation after the Argentine government expropriated a 51 percent stake of YPF SA (YPF) unit on April 16.
Argentine President Cristina Fernandez de Kirchner Fernandez said the same day that compensation will be determined by Argentina’s National Appraisal Tribunal, the government- chartered agency to help determine the value of contested goods involving companies or governments.



👍️0
MWM MWM 12 years ago
Argentina's YPF reports lower third-quarter net profit

Wed Nov 7, 2012 6:29am EST

* Net profit falls 51 percent year-on-year
* Market expected quarterly earnings of 902.5 million

Nov 7 (Reuters) - YPF, Argentina's state-controlled energy company, reported a third-quarter net profit of 756 million pesos ($161 million) on Wednesday, down 51 percent from a year earlier and trailing market expectations.

President Cristina Fernandez seized control of YPF from Spain's Repsol in April, accusing the Spanish oil company of investing too little and making Argentina increasingly reliant on pricey imports.

In a filing to the stock market regulator, YPF - the country's biggest energy company - said the quarterly net income figure reflected a deferred tax payment valued at 408 million pesos.

Four analysts polled by Reuters had forecast the net profit at a median of 902.5 million pesos, with estimates ranging from 877.7 million to 932 million pesos.

YPF aims to boost oil and natural gas production by 32 percent by the end of 2017, reversing years of declining hydrocarbon output, by stepping up investments in Latin America's energy-hungry No. 3 economy.

The company's new chief executive officer has said that will require some $37.2 billion.

Wednesday's statement said investments in the first nine months of 2012 had risen 18.7 percent to 9.67 billion pesos from a year earlier, when the company was still controlled by Repsol.

"This increase is mainly due to the increase in upstream activity and advances and conclusions in downstream projects," YPF said.

Operating profit fell 31.2 percent to 1.79 billion pesos.
👍️0
MWM MWM 12 years ago
YPF: fundraising just got harder
October 31, 2012 8:58 pm by Jude Webber

A US appeals court ruling that Argentina must treat its defaulted and performing debt equally not only leaves it staring at the unappealing prospects of default or paying the “vultures” it has vowed to scorn forever. It also risks scuppering nationalised oil company YPF’s ability to raise funds internationally.
That, at least, is the view of some financial experts in Buenos Aires.
Take Guillermo Nielsen, who as finance secretary worked on Argentina’s first debt swap after its 2001 default on nearly $100bn. As he told beyondbrics:
A year ago, financing YPF was part of the Repsol’s problem [Argentina expropriated 51 per cent of YPF from Repsol in May without compensation]. Now it’s the government’s problem. There’s no way Galuccio is going to get the money. It was already a difficult task. Now, after this ruling, you see credit ratings downgrading Argentina and YPF is … government-owned. (Getting financing) is almost an impossible task.
And here is Miguel Kiguel, an economist:
Argentina wants to get money for YPF. All these problems are a sword of Damocles – any big investors will see that.
Miguel Galuccio, YPF CEO, talked himself blue in the face in 70 meetings with investors in the US and England in September, briefing them on his ambitious plans for the company. YPF says the “non-deal roadshow” went well – he is a seasoned oilman, after all, and his technical expertise is well respected.
But if investors find it hard enough to contemplate a country where foreign exchange restrictions make it tough to repatriate earnings; where the very expropriation of YPF underscores the perceived fragility of contracts; and where inflation statistics are accused of having been doctored for five years; the holdout ruling will do nothing to reassure them.
YPF, which came back from the roadshow full of optimism that its message had got through, had no immediate comment.
Argentina has vowed neither to pay what it calls “vulture funds” seeking to collect in full on debt it bought after the default at a knock-down price, nor to default – something it could be forced to do if payments made to the performing bonds issued in debt swaps in 2005 and 2010 to replace the defaulted debt have to be shared among holders of defaulted debt as well.
Argentina is sticking to its guns – but while it is still in default with the Paris Club of Western creditor nations, has not paid its share of a separate holdout case at the World Bank arbitration tribunal and has litigation over the YPF expropraiton looming over it, international investors could hardly be blamed for not making a beeline to Buenos Aires. Ratings downgrades, like the one on Tuesday from Standard & Poor’s won’t help.
And there’s more. Plaintiffs seeking to collect on a $19bn judgment against Chevron in Ecuador are now filing to attach assets in Argentina and Colombia.
Why should that matter to YPF? Well, it is trying to tie up a deal with Chevron to help it develop its giant Vaca Muerta shale resources. Any embargo may not affect the partnership, but it could presumably affect Chevron’s ability to plough in investment.
A Chevron spokesman says its investment strategies are not affected by the plaintiffs’ bids to collect on the judgment by squeezing its assets worldwide, and would not be drawn on the implications for the YPF partnership or how much protection an alliance with a state-owned company might afford. YPF also had no immediate comment on whether its planned partnership with Chevron would be affected.


👍️0
MWM MWM 12 years ago
Ecuador to Sue Chevron in Argentina to Enforce Judgment
By Pablo Gonzalez on October 31, 2012

Ecuadorean plaintiffs will ask an Argentine court to enforce a $19 billion award against Chevron Corp. (CVX) in a lawsuit over pollution in the Amazon rain forest by seizing the company’s local assets, a lawyer for the group said.

An attachment order will be filed as soon as tomorrow in a Commercial Court of Justice in Buenos Aires, Pablo Fajardo, the Ecuadorean lawyer who represents the group, said today at a press conference in Buenos Aires. The group will ask to seize Chevron’s local Argentine unit, dividends, oil sales income and the company’s bank accounts in Argentina, Enrique Bruchou, an Argentine attorney with Bruchou, Fernandez, Madero & Lombardi, said at the same press conference.

The Ecuadoreans blame Texaco Inc., which Chevron acquired in 2001, for destroying the environment in the Lago Agrio region, damaging living conditions of 30,000 inhabitants.

Chevron, based in San Ramon, California, on Oct. 9 lost a U.S. Supreme Court bid to block the judgment imposed by an Ecuadorean court. The highest U.S. court let stand a federal appeals court ruling against Chevron that the Ecuadoreans can’t be barred from seeking to collect the award anywhere in the world.

“The Ecuador judgment is a product of bribery, fraud, and it is illegitimate,” Chevron said today in an e-mailed response. “The company does not believe that the Ecuador judgment is enforceable in any court that observes the rule of law.”

Shale Partnership
The Ecuadorean group also plans to file an attachment order asking a Colombian court to do the same as the Argentine court, Bruchou said. Seizures may be expedited because of a treaty between the Latin American nations, he said.

Another related lawsuit was filed by the Ecuadoreans in the Ontario Superior Court of Justice in Toronto on May 30.

Chevron, the fourth-largest producer of oil in Argentina, signed a memorandum of understanding on Sept. 14 with YPF SA (YPF), Argentina’s biggest energy company, to analyze a partnership to jointly develop projects at the shale formation of Vaca Muerta.

“Any attachment of Chevron assets should not affect YPF but any proceeds from the partnership belonging to Chevron will become attachable,” Bruchou said. Alejandro Di Lazzaro, a YPF spokesman in Buenos Aires, declined to comment in an e-mail.

The Ecuadorean group estimates Chevron’s assets in Argentina at $2 billion, Bruchou said. The Argentine assets include a minority ownership in local pipeline Oleoductos del Valle SA. Chevron’s Colombian assets that may be attached include natural gas sales, which represent about two-thirds of the country’s production, Bruchou said.

Chevron Canada Ltd. will have a hearing on the lawsuit Nov. 28 in the Ontario Superior Court, Alan Lenczner, an attorney for the Ecuadoreans based in Toronto, said in a telephone interview today.

To contact the reporter on this story: Pablo Gonzalez in Buenos Aires at pgonzalez49@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net

👍️0
MWM MWM 12 years ago
YPF ahead of earnings, someone is dumping, in a few $10 puts!

Someone might know something



👍️0
kmx_swing kmx_swing 12 years ago
YPF over 13.00 again...now it is well set for long run :)
👍️0
kmx_swing kmx_swing 12 years ago
volume is today 10x bigger than average
👍️0
kmx_swing kmx_swing 12 years ago
YPF - EXPLORATION DEAL WITH CHEVRON
http://www.marketwatch.com/story/argentinas-ypf-chevron-sign-exploration-deal-2012-09-14
👍️0
kmx_swing kmx_swing 12 years ago
YPF's rebound is in the air

http://seekingalpha.com/article/854711-is-the-outlook-for-ypf-growing-more-positive-part-1?source=yahoo
👍️0
kmx_swing kmx_swing 12 years ago
YPF announces three wells confirm discovery of new shale deposits

Argentina’s recently nationalized oil and gas corporation YPF announced non conventional oil was discovered in five new wells drilled in the Patagonian provinces of Chubut and Neuquen and anticipated that fuel prices in the country will continue to gradually increase to eliminate the gap with competition.
http://en.mercopress.com/2012/08/31/ypf-announces-three-wells-confirm-discovery-of-new-shale-deposits
👍️0
kmx_swing kmx_swing 12 years ago
YPF aims to boost oil and natural gas production by 32 percent by 2017, Thursday's presentation showed.

A lot has been said about the company's financial stability, and I want to send a message to markets here in Argentina and abroad: the company's financial stability is guaranteed," he said as he presented the strategic plan

http://www.reuters.com/article/2012/08/30/argentina-ypf-idUSL2E8JU8KK20120830?feedType=RSS&feedName=bondsNews&rpc=43
👍️0
kmx_swing kmx_swing 12 years ago
Dividend payout ratio at 5 percent. All the rest to investments.

http://www.reuters.com/article/2012/08/30/argentina-ypf-idUSL2E8JU7LT20120830?feedType=RSS&feedName=rbssEnergyNews&rpc=43
👍️0
kmx_swing kmx_swing 12 years ago
NEWS
http://www.bloomberg.com/news/2012-08-29/exxon-apache-to-discuss-argentina-shale-partnerships-ypf-says.html

“September will be the month in which YPF will show its capacity to attract investors,” Francisco Perez, the governor of Mendoza province, said in an interview in Buenos Aires.

Galuccio is scheduled to disclose at 12 p.m. Buenos Aires time his proposals for attracting investors to develop Vaca Muerta as part of a more than 1,000-page business plan. (this means today)
👍️0
kmx_swing kmx_swing 12 years ago
YPF closed at 12,79.
Up 0,90 since Chevron announcement on Friday noon, 24th. It goes up easily on very low buying volume. If more buyers come on strategical announcement on Friday this week, it would really jump ..very high not only speculative potential is in this stock.
👍️0
kmx_swing kmx_swing 12 years ago
YPF slowly up again today...now 12.74 (+3,40%)
👍️0
kmx_swing kmx_swing 12 years ago
YPF hated stock from Argentina. Repsol stake in it was 57%, nationalized by Argentina in April 2012 - 51% stake so Repsol was left 6%.
Big worries about next developments. Dividends possibly to be cancelled and future was unclear. Stock fell from 50 to 11 USD.
Now they search partner desperately as they have no money and need to invest in the development of its Vaca Muerta shale formation. 23 billions of oil barrels are waiting there. Possibly bonds of value 3,5 billions will be issued. Stock was now under 12 for quite long.

But this news can change it all:

http://www.nasdaq.com/article/argentinas-ypf-chevron-open-to-unconventional-resources-partnership-20120824-00426

We may expect strong speculative buys next week.
👍️0

Your Recent History

Delayed Upgrade Clock