What are the key upward revisions to YPF's 2026 investment and 2024 EBITDA forecasts, and what is cited as the main driver?

YPF raised its 2026 investment estimate from $5.8 billion to $6.2 billion, and revised its 2024 EBITDA forecast upward from $6 billion to $8 billion. The CEO, Horacio Marin, attributed the EBITDA increase primarily to a rise in the price of oil.

Why is YPF's performance in the Vaca Muerta formation critically important for Argentina's broader economic stability?

YPF's development of the Vaca Muerta formation — the world's second-largest unconventional shale gas reserve and fourth-largest shale oil reserve — is essential for Argentina to generate foreign currency, which the country urgently needs to stabilize its economy, reduce inflation, and repay substantial debts to the International Monetary Fund.

Argentina's YPF Raises 2026 Investment Estimate to $6.2 Billion

Aug 11, 2026

YPF raised its 2026 investment forecast to $6.2 billion and projects $8 billion EBITDA, driven by higher oil prices and strong shale production from the Vaca Muerta formation.

reuters

2026-08-11

Argentina's YPF Raises 2026 Investment Estimate to $6.2 Billion

Argentina's YPF Raises 2026 Investment Estimate to $6.2 Billion

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