YPF Sociedad Anónima (NYSE:YPF) Issues Quarterly Earnings Results, Beats Expectations By $1.08 EPS
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He presented his balance sheet of the second quarter that yielded a gross return of US$ 2,503 million that added to the US$ 1594 million, the record of the previous quarter.It was heavily driven by the rise in oil prices by the war in the Middle East.
YPF Sociedad Anónima (NYSE:YPF) Issues Quarterly Earnings Results, Beats Expectations By $1.08 EPS
YPF Sociedad Anónima (NYSE:YPF - Get Free Report) released its earnings results on Wednesday. The oil and gas exploration company reported $3.00 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.92 by $1.08. YPF Sociedad Anónima had a return on equity of 10.86% and a net margin of 3.60%.
The oil company indicated that its operating result grew 84% year-on-year in the period, as the VMOS pipeline progresses, the purchase of YPF Luz and five initiatives that it plans to present to RIGI
The oil company billed 41% more than a year ago, with an adjusted EBITDA of US$2,503 million that exceeded the consensus of analysts by 12%. Five new projects for RIGI for US$44 billion.
Buenos Aires, 28 October (NA) -- YPF released on Wednesday its financial and operational results corresponding to the third quarter of the year, where it recorded an adjusted EBITDA of US$2.503 million, the second highest in its history, only below the previous quarter, and a net profit of close to US$1.2 billion.According to the official report, the quarterly EBITDA grew by 84% in the year-on-year comparison, pushed by the largest volume of sha…
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