YPF Sociedad AnonimaNYSE: YPF

I upgrade YPF to a buy from hold with a US$41 price target due to rapid price normalization and growth in Vaca Muerta shale. YPF's ability to align crude and downstream product prices with global levels has improved margins, enabling aggressive shale production expansion and potential crude exports. Estimates point to significant growth potential, with EBITDA margins expanding and exports impacting revenue positively by 2026.

YPF Sociedad Anónima (NYSE:YPF ) Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Margarita Chun - Investor Relations Manager Horacio Marin - Chief Executive Officer Federico Barroetavena - Chief Financial Officer Conference Call Participants Vicente Falanga - Bradesco Bruno Montanari - Morgan Stanley Daniel Guardiola - BTG Andres Cardona - Citigroup Marina Mertens - Latin Securities Tasso Vasconcellos - UBS Bruno Amorim - Goldman Sachs Leonardo Marcondes - Bank of America Ezequiel Fernandez - Balanz Maximiliano Westen - Strategy New Businesses and Controlling Vice President Operator Hello. Greetings and welcome to the YPF Third Quarter 2024 Earnings Webcast Presentation.

NEW YORK , Nov. 7, 2024 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, has noted inaccurate media reporting and subsequent market reaction to an expected court filing last night by the U.S. Department of Justice ("DOJ") in the Petersen and Eton Park matters. The filing in the U.S. District Court for the Southern District of New York restates DOJ's position on a narrow question of law in relation to enforcement of judgments.

YPF Sociedad Anonima states that the reduction in fuel prices reflects the declining trend in global Brent crude oil prices.

YPF Sociedad Anonima is a value stock trading at the top of its 52-week range but remains undervalued with a P/E ratio of 5.41. YPF's main business is in Argentina, with regional interests in South America, including potential growth in LNG exports. Despite a current ratio under 1.0, YPF's strong profitability and a price/book ratio of 0.85 make it an attractive value pick.

Investors seeking stocks with strong recent momentum at reasonable prices may find YPF Sociedad Anonima (YPF) to be a promising option. It is among the few stocks that passed our screening for 'Fast-Paced Momentum at a Bargain.'

At Zacks, we prioritize the Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. However, we also keep an eye on current value, growth, and momentum trends to highlight strong selections.

Zacks.com users have been closely monitoring YPF Sociedad Anonima (YPF) recently, so it is important to be aware of the key details that could impact the stock's future performance.

YPF Sociedad Anonima (YPF) ended the latest trading session at $21.48, showing a 1.46% increase from the day before.