YPF’s Losses Narrow, Revenues Jump 72%
Argentinan oil major YPF reported 1H2021 net losses of $486mn vs losses of $810mn in 1H2020. Revenues were up 72% to $3.35bn YoY, beating analysts’ estimates of $3.10bn. YPF attributed its revenue increase to shale production jumping 22% QoQ, primarily as a result of...
