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)

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 CEST

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]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on YPF SA
04/23 YPF : Spectrum Commence 2D Multi-Client Seismic Offshore Argentina
04/21 SPECTRUM ASA : Spectrum Commence 2D Multi-Client Seismic Campaign Offshore Argen..
04/19 YPF : Company evading passaic cleanup?
04/14 YPF : $1.38b passaic river cleanup hits snag
02/24 YPF, Shell sign deal for Vaca Muerta pilot project
01/10DJYPF : Oil and Gas Firms Pledge $5 Billion in Investments in Argentina This Year
2016DJGENERAL MOTORS : Aerolí neas Argentinas' New Chief Fights to Turn Around Company
2016DJCorrection to Tuesday's Maxus Energy Story
2016DJMaxus Energy Defends Environmental Settlement With Parent
2016DJYPF Can Finance Maxus' Bankruptcy Plan, Judge Says
More news
Sector news : Integrated Oil & Gas
03:41pDJExxon Profit Jump a Sign of Strengthening Oil Companies -3rd Update
04/26DJROYAL DUTCH SHELL A : Motiva Reports Emissions at Port Arthur, Texas, Refinery
04/24DJEnergy Firms' $5.1 Billion Financing for Russia Gas Pipeline Stokes EU Fears ..
04/24DJEnergy Firms' $5.1 Billion Financing for Russia Gas Pipeline Stokes EU Fears ..
04/24 Gazprom's Western partners agree financing for $10.3 billion Nord Stream 2 pi..
More sector news : Integrated Oil & Gas
News from SeekingAlpha
04/24 A TOUGH NEW COMPETITOR EXXONMOBIL SH : Schlumberger
04/18 New Jersey lawmakers want probe of YPF for Passaic River cleanup
04/12 Schlumberger agrees to $390M Vaca Muerta deal, YPF says
04/10 REUTERS : YPF among bidders for Shell's Argentina refinery
03/30 YPF and partners to make joint $500M investment in Vaca Muerta
Advertisement
Financials ( ARS)
Sales 2017 266 552 M
EBIT 2017 26 201 M
Net income 2017 -
Debt 2017 148 097 M
Yield 2017 0,07%
P/E ratio 2017 107,43
P/E ratio 2018 16,18
EV / Sales 2017 1,14x
EV / Sales 2018 0,95x
Capitalization 155 043 M
More Financials
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Average target price 441  ARS
Spread / Average Target 12%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Ricardo Darré Chief Executive Officer
Miguel Ángel Gutiérrez Méndez Chairman
Daniel Cristian González Casartelli Chief Financial Officer
Carlos Alberto Alfonsi Director & Executive Director-Downstream
Armando Isasmendi Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
YPF SA10 068
ROYAL DUTCH SHELL A-7.79%216 039
PETROCHINA COMPANY LIM..-2.77%198 258
TOTAL-2.95%127 514
NK ROSNEFT' PAO--.--%59 188
PETROLEO BRASILEIRO SA..-3.56%57 244
More Results