tiprankstipranks
YPF Completes Acquisition of Mobil Argentina for $327 Million
Company Announcements

YPF Completes Acquisition of Mobil Argentina for $327 Million

Story Highlights

Invest with Confidence:

YPF Sociedad Anonima ( (YPF) ) just unveiled an update.

On January 29, 2025, YPF Sociedad Anónima completed the acquisition of Mobil Argentina S.A. for $327 million from ExxonMobil and QatarEnergy groups. This transaction, which includes the purchase of working capital and price adjustments, positions YPF as the sole shareholder of the newly named SC Gas S.A.U., enhancing its operational capabilities and market presence in Argentina’s energy sector.

More about YPF Sociedad Anonima

YPF Sociedad Anónima is an Argentine company operating in the energy sector, primarily involved in the exploration and production of oil and gas. The company focuses on the Argentine market and plays a significant role in the country’s energy infrastructure.

YTD Price Performance: -10.31%

Average Trading Volume: 2,715,061

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $17.08B

See more data about YPF stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App