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 COMERCIO DE BUENOS AIRES  >  YPF SA    YPFD   ARP9897X1319

YPF SA (YPFD)
Mes dernières consult.
Most popular
  Report  
SummaryNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Argentina Polls Show Broad Support For YPF Nationalization

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/23/2012 | 07:45pm CET

Two opinion polls published over the weekend show widespread support for Argentine President Cristina Kirchner's plan to nationalize the country's largest oil and gas company, YPF SA (YPF, YPFD.BA).

The surveys, conducted by respected pollsters with a track record of accurately measuring electoral patterns, indicate a majority of Argentines approve of Kirchner's decision.

A poll carried out by Poliarquia Consultores and published in newspaper La Nacion, shows that 62% of Argentines "agree with the announced plans," while 31% disagree with them.

The other survey, conducted by Management & Fit and published in the weekly magazine Noticias, puts support for YPF's nationalization at 50.2% and its rejection at 34.6%.

Both polls indicate that a plurality of respondents blame the government instead of YPF for Argentina's energy problems.

In the Poliarquia's survey, around 44% of those polled said the government is responsible for declining oil production, while 36% said YPF is the culprit.

In Management & Fit's poll, about 39% blamed the government for "YPF's crisis," while 18.3% blamed the company's majority shareholder, Spain's Repsol YPF SA (REP.MC, REPYY), for YPF's troubles. The poll said 11.6% of those interviewed blame the Spanish government for YPF's predicament.

Last week, President Kirchner asked Congress to nationalize YPF by expropriating 51% of the company's shares from Repsol YPF. She said Repsol YPF and YPF had failed Argentina by not investing enough in oil and gas production.

The lack of investment has led to falling oil and gas output, which forced Argentina to become a net energy importer for the first time in 17 years, according to Kirchner.

Both YPF and Repsol have denied Kirchner's allegations and said noted that YPF invested far more than any other company in Argentina. In 2011, YPF invested $3 billion in Argentina, mostly on exploration and production.

-By Taos Turner, Dow Jones Newswires; 5411-4103-6728; [email protected]

Valeurs citées dans l'article
ChangeLast1st jan.
REPSOL YPF -0.74% 14.015 End-of-day quote.-4.95%
YPF SA --End-of-day quote.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on YPF SA
2017YPF SA : ex-dividend day for annual dividend
FA
2017EXCLUSIVE : Raízen nears buying Shell's Argentina gas station chain - sources
RE
2017TOTAL : Argentina gives France's Total bonds in settlement
RE
2017Argentina's YPF eyes sale of electricity subsidiary stake to GE -media
RE
2017YPF : GE and YPF Secure Financing for Two Fastpower Projects in Argentina
BU
2017YPF SA : ex-dividend day for annual dividend
FA
2017YPF SA reports
GL
2017YPF : Booker, menendez want answers from argentina on passaic river cleanup fund..
AQ
2017YPF : Booker, menendez want answers from argentina
AQ
2017YPF : Spectrum Commence 2D Multi-Client Seismic Offshore Argentina
AQ
More news
News from SeekingAlpha
02/15Now Is The Time To Double Down On Argentina 
02/07YPF says it will sell stake in electricity subsidiary to GE 
02/02BLOOMBERG : Finance chief Gonzalez seen as next YPF CEO 
01/19YPF finalizes deal with Statoil to develop Vaca Muerta 
2017YPF is top LatAm energy stock pick at Goldman, citing cheap valuation 
Financials ( ARS)
Sales 2017 254 B
EBIT 2017 13 788 M
Net income 2017 -
Debt 2017 -
Yield 2017 0,01%
P/E ratio 2017 128,65
P/E ratio 2018 15,45
Capi. / Sales 2017 0,72x
Capi. / Sales 2018 0,58x
Capitalization 183 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Average target price 585  ARS
Spread / Average Target 26%
EPS Revisions
Managers
NameTitle
Miguel Ángel Gutiérrez Méndez Chairman
Carlos Alberto Alfonsi Executive VP-Operations & Transformation
Daniel Cristian González Casartelli CFO & Vice President-Administration
Armando Isasmendi Independent Director
Juan Franco Donnini Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
YPF SA9 210
ROYAL DUTCH SHELL-7.32%265 717
PETROCHINA COMPANY-0.87%219 416
TOTAL1.68%146 476
PETROLEO BRASILEIRO SA PETROBRAS26.02%83 639
STATOIL1.80%75 594