Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Bolsa de Madrid  >  Repsol YPF    REP   ES0173516115

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Argentina Minister Sees Fewer Gas Cuts To Industry This Winter

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/01/2012 | 08:10pm CEST

Argentine manufacturers will probably suffer fewer cuts to their natural gas supplies this winter thanks to the nationalization of oil and gas company YPF SA (YPF, YPFD.BA) earlier this year, Planning Minister Julio De Vido said Friday.

"I estimate we will have fewer interruptions because we will have more gas," De Vido, who is in charge of energy and public works, said in a televised press conference Friday.

For years, Argentina has rationed gas to industrial companies in the Southern Hemisphere's cold winter months to ensure residential users have enough to heat their homes.

But this year, the first gas cuts came during a cold snap in late April and early May instead of in June and July as is often the case.

Industry is already suffering from high inflation, a strong peso and sluggish demand for Argentine manufactured goods in Brazil.

Industrial production fell 0.5% on the year in April, and was virtually unchanged from March, according to government data.

Onerous price caps have deterred investment in oil and gas exploration and production. As a result, the government has been forced to import growing volumes of more expensive gas from Bolivia and Trinidad and Tobago.

Last month, President Cristina Kirchner expropriated a 51% stake in YPF from its controlling shareholder, Spain's Repsol YPF SA (>> Repsol YPF SA).

Kirchner accused Repsol of not investing enough in Argentina to reverse years of declining oil and gas production that have turned the South American nation into a net energy importer.

-By Ken Parks, Dow Jones Newswires; 54-11-4103-6740, [email protected]

Stocks mentioned in the article : Repsol YPF SA
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on REPSOL YPF
06/28 Repsol Sinopec starts gas production at North Sea Cayley field
06/26DJEUROPE MARKETS : European Stocks Finish Higher, Helped By Italian Banks, Nestlé
06/26DJEUROPE MARKETS : European Stocks Propelled Higher By Italian Banks, Nestlé
06/26DJEUROPE MARKETS : European Stocks Propelled Higher By Italian Banks, Nestlé Share..
06/24 REPSOL YPF : Economic Conditions Argentina
06/12 REPSOL SA : Cash amount paid with the scrip issue offered as an alternative to t..
06/11 REPSOL YPF : Economic Conditions Argentina
06/10 REPSOL YPF : Oil & Gas Canada Inc. Announces Consent Solicitations and Debt Tend..
06/09 REPSOL YPF : Oil & Gas Canada Inc. Announces Consent Solicitations and Debt Tend..
06/09 REPSOL YPF : Evo Morales and Antonio Brufau Agree to Increase Repsol's Presence ..
More news
Sector news : Oil & Gas Refining and Marketing - NEC
01:17pDJCorrection to Companies Pressed to Disclose More Climate-Change Risks Story
08:15aDJCompanies Pressed to Disclose More Climate-Change Risk
06/28 UK blue chips led lower by Hargreaves as strong pound takes toll
06/28 Oil pipeline firms' discounts rile clients, roil markets
06/28 Repsol Sinopec starts gas production at North Sea Cayley field
More sector news : Oil & Gas Refining and Marketing - NEC
News from SeekingAlpha
06/28 Repsol Sinopec hits first gas production at North Sea's Cayley field
06/20 Mexico awards 10 of 15 shallow water prospects in oil auction
06/09 Libya's Sharara oil field reopens after strike
06/07 BLOOMBERG : Repsol considers entering Mexico's newly opened fuel market
06/07 Libya?s biggest oil field shut down, halting 270K bbl/day output
Advertisement
Financials (€)
Sales 2017 43 996 M
EBIT 2017 2 945 M
Net income 2017 2 083 M
Debt 2017 9 005 M
Yield 2017 5,43%
P/E ratio 2017 10,09
P/E ratio 2018 10,01
EV / Sales 2017 0,68x
EV / Sales 2018 0,63x
Capitalization 21 042 M
More Financials
Chart REPSOL YPF
Duration : Period :
Repsol YPF Technical Analysis Chart | REP | ES0173516115 | 4-Traders
Full-screen chart
Technical analysis trends REPSOL YPF
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 36
Average target price 14,6 €
Spread / Average Target 6,8%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Josu Jon Imaz San Miguel Chief Executive Officer & Executive Director
Antonio Brufau Niubó Chairman
Miguel Martínez San Martín Chief Operating & Financial Officer
Hector González Nistal Executive Director-Technical Development, S&E
Luis Suárez de Lezo Mantilla Secretary, Executive Director & General Counsel
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
REPSOL YPF1.79%23 985
EXXON MOBIL CORPORATIO..-10.14%345 464
BP-10.66%115 227
CHINA PETROLEUM & CHEM..9.06%103 285
SAUDI BASIC INDUSTRIES..--.--%81 602
RELIANCE INDUSTRIES LI..33.16%70 552
More Results