This week, on the 30th anniversary of the stock market listing of YPF In New York, not only will Pablo Gonzalez ring “the bell” but he will clear up doubts about a trial that put the future sustainability of the company at serious risk. He will do so the same week that the litigation should start in Delaware. It had a start date of March 6.
Until December 27, the file came with all the agreed movements. Since then he stopped having them. It will be an impact announcement. And it’s not about the Petersen group. In other words, it is not due to expropriation. It’s more important. That’s why Sergio Massa joined the trip. They also put together an important entourage and worked on several meetings with investors.
Members of the economic team will participate in the meetings; YPF and also businessmen with investments in the country. This week, several journalists got on the plane that will leave next week to witness the symbology they want to show and replicate.
It is likely that the shares have an important correlate and prop up the value of the company that has not stopped growing since the end of 2021, even if it is well below the valuation it used to have.
Like everything happens in a context. The US State Department moved chips at the request of Economy. Massa He sent chats to protect the negotiation and also because he was essential when unlocking the agreement that is going to be signed. Investors also weighed on the future that the country has in terms of hydrocarbons. It is worth remembering that for Dead cow, Argentina closed the best January in 16 years. The production of crude oil at the country level exceeded 626,000 barrels per day and is the highest record for a January since 2007.
The shale oil from the formation contributed more than 45% of the extractions.
