Morgan Stanley He raised Three scenarios For his target price of YPF 12 months. This is one of the main global financial analysis firms, which presented its report on the most relevant energy companies in Argentina.
In the projection bullishthe target price is US $ 60. For projection base of US $ 45 and in the case bassistUS $23. Recall that its previous objective price was US $ 28.50 and now it is elevated AU $ S45.
YPF news
YPF signed a memorandum of understanding (Mou) to export Liquefied natural gas (LNG) of Muerta Vaca to the India.
The Mou signed with the main energy companies in India: Oil and Natural Gas Corporation (Oil), Gas Authority of India Limited (Gail) and Oil and Natural Gas Corporation Videsh Limited (OVL).
The company also issued a Negotiable obligation (ON) for US $ 1,100 million and replied papers that beat this year for US $ 750 million. Thus, the company chaired by Horacio Marín It seeks to improve the maturity profile to increase capital expenses (CAPEX) by 2025.
In 2025, YPF It will have as main objectives two of the key projects of the current administration: the construction of the pipeline South Muerta Vaca (Vmos) and the LNG projectthat takes another impulse after the entry of Shell in replacement of Petronas. It will also point to Increase gas and oil production.
It should be noted that the company’s shares, which contains public and private capitals, increased more than 150%, above inflation, which closed 2024 by 117.8%, according to the National Institute of Statistics and Census (INDEC).
Source: Ambito