YPF’s recovery on the stock market responds to good operating and financial results and the “business outlook” with estimated investments of US$5 billion for this year, the company said.
He YPF share value growth on the New York Stock Exchange exceeded 300% in the last yearwhich reflects their “good operating and financial results” and the perspective of its investments, the energy firm reported today in a statement.
The company’s shares closed last Monday with a rise from 8.18% on Wall Street, and they registered this morning a 1% rise in pre-market operations, which place its value in $14.70, on the brink of the $15 barrier. This represents a increase of 323.63% in the last yearaccording to data provided by Nasdaq.
At the same time, it implies highest value of YPF shares since July 2019At which time came to be at US$18.25. However the price record in 2014when it came to be $37.
Factors that drive the value of YPF shares
The stock market recovery of YPF in the last year responds to the “good operating and financial results reached in recent years” and the “business perspective” with investments estimated at US$5,000 million for this year, the company said.
At the same time, it highlights development of large infrastructure projects to make viable the energy exportthe exploration of new resources As the Palermo Aike project and the offshore explorations; and the positive resolution of legal cases in the United States of the last months.
Source: Ambito
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