$YPF Largest oil company in Argentina

Surely the majority of you never listen about YPF, but is the biggest oil company in Argentina Usually, I never post about argentinian stocks (which I think have a lot of potential), but risk/reward ratio for $YPF at this point is very worth.  Today, Pablo Gonzalez (YPF CEO's) told on an interview for a local newspapper that next ER will show the third consecutive Quarter with more than USD 1B on EBITDA https://www.telam.com.ar/notas/202111/573524-recuperacion-productiva-ypf-inversion.html FYI, YPF market cap is just  USD1,64B... So, at this point YPF is trading below x1 EBITDA/MARKET CAP YPF is also trading at the RIDICULOUS P/BV ratio of 0,2... Only his tower in one of the most valuable neighborhoods of Buenos Aires (Puerto Madero) is worth 25% of his market cap But for me the real catalyst for YPF is that once elections finish (14th November), Government will authorize an increase on gas prices (which are very low as a populist measure). They are holding it to retain as votes as possible. Argentina is already dealing with IMF for a debt restructuring. I'm very confident that they will reach an agreement, but I don't know if it will happen in the short term In summary: CEO broke quiet period and slide some insides about next ER (will present 10 November) Government will increase oil and gas prices soon Ridiculously cheap from a fundamental/financial side. IMF negotiations Btw, from a technical point of view, is looking very good too If Oil doesnt crash, YPF can easily go to 7,25. With a SL at 4, you are risking 4% for a potential gain of 74% I'm also adding a comparison vs Brent

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$YPF Largest oil company in Argentina

bullish

Surely the majority of you never listen about YPF, but is the biggest oil company in Argentina

Usually, I never post about argentinian stocks (which I think have a lot of potential), but risk/reward ratio for $YPF at this point is very worth. 

Today, Pablo Gonzalez (YPF CEO's) told on an interview for a local newspapper that next ER will show the third consecutive Quarter with more than USD 1B on EBITDA

https://www.telam.com.ar/notas/202111/573524-recuperacion-productiva-ypf-inversion.html

FYI, YPF market cap is just  USD1,64B... So, at this point YPF is trading below x1 EBITDA/MARKET CAP

YPF is also trading at the RIDICULOUS P/BV ratio of 0,2... Only his tower in one of the most valuable neighborhoods of Buenos Aires (Puerto Madero) is worth 25% of his market cap

But for me the real catalyst for YPF is that once elections finish (14th November), Government will authorize an increase on gas prices (which are very low as a populist measure). They are holding it to retain as votes as possible.

Argentina is already dealing with IMF for a debt restructuring. I'm very confident that they will reach an agreement, but I don't know if it will happen in the short term

In summary:

  • CEO broke quiet period and slide some insides about next ER (will present 10 November)
  • Government will increase oil and gas prices soon
  • Ridiculously cheap from a fundamental/financial side.
  • IMF negotiations

Btw, from a technical point of view, is looking very good too

If Oil doesnt crash, YPF can easily go to 7,25. With a SL at 4, you are risking 4% for a potential gain of 74%

I'm also adding a comparison vs Brent

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1 min

7.25

Target Price

8/ 10

Confidence

1-2 Months

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