YPF anticipates a historic December for energy exports

Horacio Marín projects that YPF will close out December with a record volume of exports. Argentina could become the world’s second-largest exporter of ethane and generate up to US$10 billion in energy exports by 2050.

This is good news for YPF shares and the Argentine energy sector: higher exports mean more dollar-denominated revenue for the company and increased reserves for the Central Bank of Argentina (BCRA), which improves the local macroeconomic environment.