YPF Sociedad Anónima filings document the reporting obligations of an Argentine foreign private issuer with ADRs and debt securities. Annual Form 20-F reports provide audited financial statements and business disclosures for an integrated energy company active in crude oil and natural gas production, unconventional resources, refining, fuel marketing, petrochemicals, electricity, lubricants, and agricultural products.
Form 6-K reports record interim financial statements, operating indicators, note repurchases under the company’s frequent issuer framework, material asset transactions in operated hydrocarbon areas, board and shareholder-meeting actions, and communications to Argentine market regulators including the CNV, ByMA, and A3 Mercados. These filings also disclose capital structure, treasury shares, debt activity, governance resolutions, and risk-related matters tied to YPF’s operations and securities.
YPF SOCIEDAD ANONIMA executive Walter Ariel Actis, Supply Chain Vice-Presidency, filed an initial statement of ownership. He holds 19,106 shares of Class D common stock directly. He also has long-term incentive share awards tied to 8,049, 6,462, and 2,720 underlying Class D shares, vesting in three equal installments in July 2026, 2027, and 2028, subject to continued employment.
YPF Sociedad Anónima reported that between March 10 and March 13, 2026, it repurchased part of two series of its notes. The company bought back Class XXX Notes (YMCWO) for Ps. 11,397,165,800.00, equivalent to a par value of US$ 8,200,000, and Class XXVII Notes (YMCTO) for Ps. 4,209,175,803.33, equivalent to a par value of US$ 3,084,511, to be held in its portfolio.
The Class XXX Notes were originally issued in July 2024 and April 2025 under YPF’s Frequent Issuer framework, with a July 2026 maturity, while the Class XXVII Notes were issued in October 2023 with an October 2026 maturity. The repurchases were made at an average price of 98.87% of nominal value for Class XXX and 97.53% for Class XXVII.
YPF Sociedad Anónima reports that its Board of Directors approved a merger by absorption of its wholly owned subsidiaries YPF Ventures S.A.U. and Oleoducto Loma Campana Lago Pellegrini S.A.U. into YPF S.A. The transaction is structured so both subsidiaries are dissolved without liquidation, with no capital increase, no new share issuance, and no exchange ratio because YPF already owns 100% of their shares.
The merger will be effective retroactively as of January 1, 2026, based on each company’s annual financial statements as of December 31, 2025, which will be used as special merger balance sheets along with a consolidated merger balance sheet. YPF describes the move as a way to centralize business management and administration under a single corporate structure.
The merger is documented in a Preliminary Merger Agreement signed on March 13, 2026, and remains subject to approval by the Extraordinary General Shareholders’ Meetings of the companies involved and to obtaining the necessary regulatory approvals and completing required legal procedures.
YPF Sociedad Anónima reported a change on its Board of Directors. At a meeting held on March 13, 2026, the Board accepted the resignation of Andrea Confini as Regular Director for Class D shares, citing strictly personal reasons.
The Supervisory Committee for Class D shares appointed Maximiliano D’Alessio as the new Regular Director for Class D shares. His term will last until the election of new directors by the Shareholders’ Meeting, ensuring continued representation of Class D shareholders.
YPF Sociedad Anónima reports that it has repurchased a portion of its Class XXX Notes. Between March 3 and March 9, 2026, the company bought back Class XXX Notes for Ps. 49,798,644,352.78, equivalent to a par value of US$ 35,516,824, which will be held in its portfolio.
The Class XXX Notes were originally issued for US$ 185,000,000 in July 2024 and for an additional US$ 204,000,000 in April 2025 under YPF’s Frequent Issuer framework, and they mature in July 2026. The repurchase was carried out at an average price of 98.83% of nominal value, indicating a modest discount to par.
YPF S.A. reports a sharp swing to a net loss of $799 million in 2025, after a net profit of $2,393 million in 2024. Revenue declined to $18,448 million from $19,293 million, while gross profit slipped to $5,100 million from $5,383 million.
Operating profit improved to $1,740 million from $1,480 million as exploration expenses and impairment charges fell, but this was more than offset by a heavy income tax charge of $1,709 million, versus a prior tax benefit of $1,373 million, and net financial losses of $952 million.
Basic and diluted earnings per share moved to a loss of $2.11 from earnings of $5.99. Cash flows from operating activities remained strong at $4,959 million, supporting significant capital expenditure of $5,077 million and business combination outflows of $767 million. Total assets reached $29,439 million, with shareholders’ equity at $11,044 million.
YPF Sociedad Anónima reports a change in its first-level organizational structure. The Board confirmed the appointment of Ariel Polotnianka as Chief Audit Officer on a permanent basis, following an earlier material event dated August 18, 2025. The confirmation was made at a Board meeting held on February 26, 2026.
YPF reported FY2025 results showing stronger operations but weaker headline earnings. Adjusted EBITDA reached US$5.0 billion, up 8% year over year, while revenues slipped 4% to US$18.4 billion amid lower oil and fuel prices.
The company posted a net loss of US$799 million, versus a US$2,393 million profit in 2024, mainly due to a roughly US$1 billion income-tax charge tied to Argentina’s Tax Normalization Plan and higher net financial losses. Free cash flow was negative US$1.8 billion as heavy CAPEX of US$4.5 billion, M&A outlays and mature-field exit costs outweighed robust operating cash flow.
Operationally, shale oil production averaged 165 kbbl/d in 2025, up 35% year over year and meeting targets, with lifting costs reduced 26% to US$11.6/boe. Refinery utilization hit a record 95% for the year and 99% in 4Q25, supporting strong refining and marketing profitability. Net debt rose 26% to US$9.4 billion, but the net leverage ratio remained moderate at 1.9x.
YPF Sociedad Anónima reports a total net loss for 2025 of 1,048,272 million pesos, but strong other comprehensive income of 4,842,993 million pesos, resulting in total comprehensive income of 3,794,721 million pesos. Comprehensive income attributable to shareholders was 3,685,318 million pesos.
Shareholders’ equity as of December 31, 2025 was 16,018,983 million pesos, including non-controlling interests of 333,766 million pesos. The Board proposed releasing existing investment and treasury share reserves, absorbing accumulated losses of 1,096,460 million pesos, and reallocating 38,468 million to a treasury share reserve and 8,415,450 million to an investment reserve.
YPF Sociedad Anónima reports a change in its portfolio optimization strategy for the Manantiales Behr conventional area in Chubut, Argentina. A prior assignment agreement with Limay Energía S.A. became null and void on February 13, 2026 after Limay failed to make the initial required funding contribution, leaving no outstanding obligations between the parties.
YPF’s Board has now approved new agreements with Pecom Servicios Energía S.A.U. (51%) and its affiliate San Benito Upstream S.A.U. (49%) for the assignment of 100% of the conventional exploitation concession over Manantiales Behr, related pipeline transportation concessions, and a partial sale of materials from local warehouses. The area produced about 25 kbbl/d of oil and 0.4 million m3/d of gas at the end of 2025.
The total agreed price is US$410 million plus VAT, with a contingent amount of up to US$40 million, adjustable at closing. Payment includes US$150 million between signing and closing, and the remaining balance over 12 to 24 months after closing. The transaction is subject to conditions precedent and suspensive, including authorization by the Executive Branch of the Province of Chubut.