Ypf Sa Class D · BCBA:YPFD
Ypf Sa Class D — Q3 2022 Earnings Presentation
10 slides from Ypf Sa Class D's earnings presentation, Nov 10, 2022
Slide 1: 3rd Quarter 2022 Earnings Webcast
Documento: YPF-Público 3rd QUARTER 2022 EARNINGS WEBCAST NOVEMBER 10TH, 2022 Documento: YPF-Público
Slide 2: Important Notice
Documento: YPF-Público IMPORTANT NOTICE Safe harbor statement under the U.S. Private Securities Litigation Reform Act of 1995 (the “Private Securities Litigation Reform Act”). This document contains statements that YPF believes constitute forward-looking statements under within the meaning of the Pr
Slide 3: Main Highlights 3Q 2022
Documento: YPF-Público MAIN HIGHLIGHTS 3Q 2022 Improved pricing across our business PRODUCTION Adj. EBITDA (1) NET INCOME segments BOE/D US$ US$ 504k 1,498mn 678mn Achieving new records in operational metrics on shale operations +2% Y/Y +30% Y/Y +2.9x Y/Y Macroeconomic environment adding to CAPEX OP
Slide 4: Production was flat Q/Q while inter-annual oil growth continued at strong levels
Documento: YPF-Público PRODUCTION WAS FLAT Q/Q WHILE INTER-ANNUAL OIL GROWTH CONTINUED AT STRONG LEVELS TOTAL PRODUCTION NGL Natural Gas Crude Oil TOTAL PRODUCTION BREAKDOWN Tight Shale Conventional KBOE/D Total +2% / Crude: +7% KBOE/D +25% Y/Y 600 Flat 504 +12 504 496 504 504 38 500 42 42 -7 -5 195
Slide 5: Continued focus on shale activity, achieving new records in operating efficiencies
Documento: YPF-Público CONTINUED FOCUS ON SHALE ACTIVITY, ACHIEVING NEW RECORDS IN OPERATING EFFICIENCIES UNCONVENTIONAL HORIZONTAL WELLS(1) NET SHALE PRODUCTION (1) Operated wells. # of Wells KBOE/D Shale Oil Shale Gas Completed Horizontal Wells Drilled Horizontal Wells +48% +22% 47 47 38 36 108 34
Slide 6: Demand for domestic fuels remained strong, resulting in higher imports
Documento: YPF-Público DEMAND FOR DOMESTIC FUELS REMAINED STRONG, RESULTING IN HIGHER IMPORTS WHILE PRICES CONTINUED WITH AN UPWARD TREND REFINING UTILIZATION & FUELS´ IMPORTS (1) DOMESTIC FUELS´ SALES Gasoline Diesel % - KBBL/D (1) Imports as % of total fuels´ sales.. KM3 +11% 9% 8% 13% IMPORTS 450
Slide 7: Another quarter with positive free cash flow, maintaining a strong liquidity position
Documento: YPF-Público ANOTHER QUARTER WITH POSITIVE FREE CASH FLOW, ACCUMMULATING US$2.2 BILLION SINCE 3Q20, MAINTAINING A STRONG LIQUIDITY POSITION CONSOLIDATED STATEMENT OF ADJUSTED CASH FLOW (1) CUMULATIVE FREE CASH FLOW Quarterly FCF IN MILLIONS OF US$ IN MILLIONS OF US$ 2500 2,239 1,976 2000 1
Slide 8: Further deleveraging, while maintaining manageable short-term maturities
Documento: YPF-Público FURTHER DELEVERAGING, WHILE MAINTAINING MANAGEABLE SHORT-TERM MATURITIES Liquidity covers over 18 Lowest net leverage months of debt ratio since 2Q15 maturities CONSOLIDATED PRINCIPAL DEBT AMORTIZATION SCHEDULE (1) NET DEBT & NET LEVERAGE RATIO IN MILLIONS OF US$ (1) As of Sep
Slide 9: Questions
Documento: YPF-Público 3rd QUARTER 2022 EARNINGS WEBCAST QUESTIONS AND ANSWERS Documento: YPF-Público 9
Slide 10: Investor Center
INVESTOR CENTER