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...
Argentina’s oil company YPF reported 1Q2021 losses of $25mn despite higher revenues of $2.64bn, up 16.6% QoQ, but below the $2.8bn forecast. In 2020, YPF reported losses of $1.098bn. YPF said that revenues improved due to a general increase in volumes and prices of...
