YPF lost US$ 1,277 million in 2023: the reasons and what will happen this year with Vaca Muerta and gasoline. The negative result is mainly due to having revalued the 55 mature fields that it will put up for sale in the coming weeks.
This year alone the firm will allocate some US$4.3 billion to the production of unconventional oil and gas in the Neuquén Basin and will drill some 227 wells. With a Government that seeks for the market to be free and self-regulating, YPF's main source of income will no longer depend on decisions officials.