Ypf Sa Class D · BCBA:YPFD
Ypf Sa Class D — Investor Presentation (June 2025)
22 slides from Ypf Sa Class D's investor presentation, June 2025
Slide 1: Investor Presentation June 2025
INVESTOR PRESENTATION JUNE 2025 Documento: YPF-Privado
Slide 2: Important Notice
IMPORTANT NOTICE Additional information about YPF S.A., a sociedad anónima organized under the laws of Argentina (the “Company” or “YPF”) can be found in the “Investors” section on the website at www.ypf.com. This presentation does not constitute an offer to sell or the solicitation of any offer to
Slide 3: Agenda
AGENDA 01. COMPANY OVERVIEW 02. UPSTREAM 03. DOWNSTREAM 04. LATEST FINANCIAL RESULTS Documento: YPF-Privado
Slide 4: YPF Key Financial Figures
LARGEST AND LEADING COMPANY IN ARGENTINA YPF KEY FINANCIAL FIGURES (1) Source: YPF’s Earnings Releases, Financial Statements and Presentations. In billion US$, unless noted otherwise., LTM as of 1Q25. (2) According to new definition set in 2Q24 Earnings Release. (3) Since 2024, “Downstream” is renam
Slide 5: Integrated across the entire value chain
INTEGRATED YPF IR DAY ACROSS THE ENTIRE VALUE CHAIN CRUDE PRODUCTION DOMESTIC REFINING MARKET DOMESTIC 81% Domestic prices aligned OIL 261 305 MARKET to IP (gasoline and diesel) 87% 89% 18% International prices (jet fuel, kerosene, fuel oil, LPG and other) Kbbl/d EXPORTS Kbbl/d 13% EXPORTS Internati
Slide 6: ESG Performance
ESG PERFORMANCE DEEPENING THE PATH TO LOW-CARBON ENERGY PRODUCTION AS WE CONTINUE FOCUSING ON OUR SHALE OPERATIONS AND GROWING OUR RENEWABLE PORTFOLIO BREAKDOWN OF GHG INTENSITY OF SCOPE 1+2 GHG EMISSIONS UPSTREAM (2) EMISSIONS BY BUSINESS (1) 5% Target 2030 <10 kgCO2e/BOE UPSTREAM + MIDSTREAM GAS 1
Slide 7: Profitability of our main affiliates
PROFITABILITY OF OUR MAIN AFFILIATES EQUITY STAKE EQUITY STAKE EQUITY STAKE EQUITY STAKE EQUITY STAKE 50% 38% 75% 37% 70% EBITDA (US$ ) (1) EBITDA (US$ ) (1) EBITDA (US$ ) (1) EBITDA (US$ ) (1) EBITDA (US$ ) (1) 225 mn 175 mn 395 mn 74 mn 214 mn One of the leading Fractionating plant General Levalle
Slide 8: Agenda
AGENDA 01. COMPANY OVERVIEW 02. UPSTREAM 03. DOWNSTREAM 04. LATEST FINANCIAL RESULTS Documento: YPF-Privado
Slide 9: Operations in all productive basins
LARGEST YPF IR DAYHYDROCARBON PRODUCER IN THE COUNTRY UPSTREAM PORTFOLIO (1) PRODUCTION (2) Market share breakdown (%) DOMINANT A NOROESTE TOTAL Others UPSTREAM PRODUCTION: 32% 3.3 mm boe POSITION WITH % LIQUIDS: 11% % GAS: 89% A OPERATIONS IN ALL PRODUCTIVE B CUYANA http://prensanetnoticias.com.ar/
Slide 10: Operational Performance: shale leading future growth
OPERATIONAL PERFORMANCE TOTAL PRODUCTION NGL Natural Gas Crude Oil NET SHALE PRODUCTION (1) Shale Oil Shale Gas % Shale / Total KBOE/D KBBL/D & KBOE/D LARGEST +8% +1.7x +1.3x O&G PRODUCER WITH SHALE 40% 46% 53% 55% 58% 135 147 140 LEADING 122 129 131 514 536 543 552 108 503 101 FUTURE GROWTH 97 77 2
Slide 11: Vaca Muerta acreage and 5-year plan
OPERATIONAL PERFORMANCE OIL GAS SHALE OIL VACA MUERTA´S TOTAL ACREAGE OPERATOR 5-Y WE ARE STILL PLAN AND YPF´S SHARE 3.0 NON-OPERATOR AT AN EARLY MILLION ACRES 2.6 STAGE OF EXPLORATION 1.6 CORE HUB DEVELOPMENT VM ACREAGE 1.2 1.3 0.7 NORTH HUB NORTH HUB WITHIN OUR GROSS SOUTH-HUB NET CONDENSATE & OTH
Slide 12: Upstream P1 Reserves
UPSTREAM P1 RESERVES TOTAL P1 RESERVES GREW BY 2% DRIVEN BY THE EXTENSIONS IN OUR SHALE ASSETS, MORE THAN OFFSETING CONVENTIONAL DECREASE EVOLUTION OF HYDROCARBON PROVED RESERVES Vaca Muerta EVOLUTION OF HYDROCARBON PROVED RESERVES Developed Other Undeveloped Million BOE Million BOE +2% (196) 1,096
Slide 13: Agenda
AGENDA 01. COMPANY OVERVIEW 02. UPSTREAM 03. DOWNSTREAM 04. LATEST FINANCIAL RESULTS Documento: YPF-Privado
Slide 14: Leading downstream player in Argentina
LEADING YPF IR DAYDOWNSTREAM PLAYER IN ARGENTINA REFINING DOWNSTREAM PORTFOLIO A LUJÁN DE CUYO Over 50% of Argentina’s refining capacity, CAPACITY: operating 3 wholly-owned refineries with 114 Kbbl/d 337.9 Kbbl/d capacity (2)(3). D B LA PLATA CAPACITY: High level of conversion and complexity. 199 Kb
Slide 15: Downstream operational performance
OPERATIONAL PERFORMANCE SALES OF REFINED PRODUCTS Exports Other Local PRICES Brent Medanito Fuels Jet Fuel Gasoline Mm M3 LEADING PLAYER US$/BBL Diesel IN THE LOCAL 111 111 105 99 DOWNSTREAM 19.2 19.8 19.2 19.2 80 SEGMENT 99 82 75 69 70 62 61 2022 2023 2024 LTM 2022 2023 2024 1Q25 CRUDE PROCESSED (1
Slide 16: Agenda
AGENDA 01. COMPANY OVERVIEW 02. UPSTREAM 03. DOWNSTREAM 04. LATEST FINANCIAL RESULTS Documento: YPF-Privado
Slide 17: 1Q25 Earnings Results
1Q25 EARNINGS RESULTS Notes: (1) Adjusted EBITDA = EBITDA that excludes IFRS 16 and IAS 29 effects +/- one-off items (2) FCF = Cash flow from Operations less capex (investing activities), M&A (investing activities), and interest and leasing payments (financing activities). (3) Anticipated in Investo
Slide 18: 1Q25 Upstream Operating Performance
1Q25 / UPSTREAM OPERATING PERFORMANCE TOTAL PRODUCTION KBOE/D NGL Natural Gas Crude Oil CRUDE OIL PRODUCTION KBBL/D Conventional + Tight Shale TOTAL PRODUCTION SHALE / 49% 55% 58% MATURE 27 41 36 FIELDS BOOSTED BY SHALE TOTAL EXPORTS PRODUCTION, WHILE +6% LIFTING COSTS 526 521 552 97 47 270 270 RECO
Slide 19: 1Q25 Upstream Shale Operating Performance
1Q25 / UPSTREAM SHALE OPERATING PERFORMANCE (2) 4 blocks (at W/I): Loma Campana (50%), GROSS UNCONVENTIONAL 2025 EST.(1) TOTAL OIL GROSS NET SHALE OIL PRODUCTION La Amarga Chica (50%), Bandurria Sur DRILLING: 205 (190 OP & 15 NON-OP) HORIZONTAL OIL WELLS (TOTAL NET: 55%) (40%) and Aguada del Chañar
Slide 20: 1Q25 Downstream Operating Performance
1Q25 / DOWNSTREAM OPERATING PERFORMANCE DOMESTIC NET FUEL PRICE VS. IMPORT PARITY DOMESTIC LOCAL FUELS DEMAND Gasoline GAP BETWEEN Diesel US$/M3 & % Gap % Local Fuels Import Parity KM3 LOCAL FUEL 3,577 900 3,489 3,405 PRICES AND INTL’ +90% 850 PARITIES FULLY 800 746 751 +70% ALIGNED, WHILE 750 716 6
Slide 21: 1Q25 Consolidated Financial Results
1Q25 / CONSOLIDATED FINANCIAL RESULTS NEGATIVE FREE CASH FLOW, AS EXPECTED, PRIMARILY ON THE BACK OF FULLY DEPLOYED CAPEX, MATURE FIELDS & M&A, WHILE SUCCESSFULLY RESCHEDULING DEBT AMORTIZATION PROFILE Notes: (1) Approximation of cash flow evolution, highlighting key figures. Cash & equivalents incl
Slide 22: YPF Energía Argentina Investor Center
YPF ENERGIA ARGENTINA INVESTOR CENTER