At the event next Friday they will also present the Five-Year Plan for the period 2023-2027
the oil company YPF celebrate Friday at the New York Stock Exchange the 30 years of listing in that marketopportunity in which they will present the results of 2022 and the five-year plan for the period 2023-2027, company sources reported.
In the event that will take place in the New York area of Wall Street, where the New York Stock Exchange (NYSE) operates, the president of YPF, Pablo Gonzlez, will be present.
In the oil company they point out that the meeting could also count on the presence of the Minister of Economy, Sergio Massa.
On the occasion of the so-called “YPF Day” or (“YPF Day”), the company authorities will present the results for the fourth quarter of 2022 on the New York Stock Exchange.
The YPF share is undergoing a strong recovery in that market, ending the last week at US$11.93 in the midst of an upward raid that began in the middle of last year, after reaching a floor of US$2.91.
At the event next Friday they will also present the Five-Year Plan for the period 2023-2027.
As part of the company’s projects, the planned investments in infrastructure works aimed at taking advantage of the export market for the resources of the non-conventional formation of Dead cow.
In this sense, two of the company’s main objectives for the five-year period will be the construction of a Liquefied Natural Gas production plant (LNG) in partnership with Malaysia’s Petronas, which will require the construction of a new gas pipeline from Vaca Muerta, with an initial investment of US$10,000 million.
The company also anticipated the so-called Vaca Muerta Sur Pipeline, its own project that will open to the participation of other companies, which provides for the construction of a 700-kilometre pipeline to the coast of Río Negro, together with a port mega-terminal.
In the last presentation of results corresponding to the third quarter of 2022, YPF reported that it reached an adjusted EBITDA of US$1.5 billion, with investments of almost US$2.9 billion, 60% higher than in the same period of 2021.
For its part, the total production of hydrocarbons accumulated to last September totaled 505 thousand barrels of equivalent per day, with an increase of 9% year-on-year, in which crude oil grew 7% and gas 9%.
