Operational PerformanceYPF's adjusted EBITDA came in 6% above expectations, indicating strong operational performance.
Strategic DevelopmentThe divestment of conventional assets and the LNG integrated project are seen as supportive factors for the stock.
ValuationYPF still trades on an undemanding valuation, given the increased earnings power, and a Buy rating is reiterated with a price target increase to US$60 per share.