Shale Production Shines in Argentine YPF's Financial Results

November 16, 2022--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--YPF (Buenos Aires, Argentina) recently reported positive financial results in its third quarter as shale production continues to climb.

The Argentine energy company reported a net income for the third quarter of US$678 million, about 15% lower than the previous quarter. However, YPF's net income for the third quarter was 186% higher than its earnings for the same quarter in 2021.