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Key Players in the Energy Industry in Argentina

Key Players Table

Player Name and Short Description Detailed Profile Relevant Context Information Estimates of Volumes Estimates of Revenue
YPF SA: Argentina-based integrated oil and gas company involved in exploration, development, production, refining, marketing, transportation, and distribution across upstream, downstream, and gas and power segments. [1] YPF operates a fully integrated oil and gas chain in Argentina, covering exploration, development, and production of crude oil, natural gas, and LPG in its upstream segment. [1] The downstream segment includes refining, marketing, transportation, and distribution of various petroleum products. [1] The Gas and Power segment handles natural gas transportation and supports the downstream operations. [1] YPF is a publicly held company with its headquarters in Buenos Aires and controls a significant portion of the country's refining capacity and retail fuel stations. [1, 22] YPF is the leading energy company in Argentina and a major player in the Vaca Muerta shale formation, ranking as one of the largest shale operators outside the United States. [23, 26] The company has seen significant growth in oil exports and shale oil production in 2024. [14] YPF is also involved in renewable energy through its affiliate, YPF Luz, which is the second-largest renewable power generator in Argentina. [7, 23] They are actively pursuing oil and gas export projects, including an LNG project. [23] In 2024, YPF's crude oil production reached 257,000 barrels per day, marking a 6% increase year-over-year. [14] Shale oil production within this figure was 122,000 barrels per day, showing a substantial 26% increase from 2023. [14] Total hydrocarbon production for 2024 was reported at 536.1 kboe/d, a 4% rise compared to the previous year. [18] Natural gas production stood at 37.4 Mm3/d in 2024, an increase of 3% from 2023. [18] YPF's refining capacity represents over 50% of the national total. [22] $19.3 billion in 2024. [14] TTM revenue of $19.1 billion as of December 31, 2024. [1]
Pampa Energía SA: An energy company with significant interests in oil and gas production and electricity generation in Argentina. [6] Its operations span across several segments including Oil and Gas, Generation, Petrochemicals, and Transmission and Distribution. [6, 12, 20] Pampa Energía operates across multiple sectors within the energy industry. [12] Their core business areas are oil and gas and power generation, with the oil and gas segment being the primary revenue driver. [6] The company is also involved in the transmission and distribution of electricity, as well as petrochemicals. [20] It is a publicly held company based in Buenos Aires. [6] Pampa Energía is a diversified energy company with a strong presence in the Argentine market. [12] They are active in the unconventional Vaca Muerta shale play, with notable operations in areas like El Mangrullo. [13] The company has shown growth in revenue in 2024. [8, 20] Recent activities include expanding their business interests, such as an investment in the mining sector. [43] Pampa Energía is a producer of both oil and natural gas in Argentina. [6] Their operations in the Vaca Muerta shale are significant, with the El Mangrullo area contributing 5.6% of total shale gas production in 2024. [13] Specific consolidated production volumes for the company in 2024 were not available in the provided information. $1.876 billion in 2024. [20] TTM revenue of $1.88 billion as of December 31, 2024. [6] TTM revenue of $2.16 billion in 2024. [8]
Vista Energy S.A.B. de C.V.: An independent oil and gas company focused on the exploration and production of shale oil and gas, primarily in the Vaca Muerta formation in Argentina. [11] While operating in both Argentina and Mexico, the majority of its revenue is generated in Argentina. [11] Vista Energy's business is concentrated on the exploration and production of hydrocarbons, with a specific emphasis on unconventional resources in Vaca Muerta. [11] The company operates in a single segment covering the exploration and production of crude oil, natural gas, and LPG. [11] They have rapidly established themselves as a significant player in the shale sector since their inception. [9] Vista Energy's strategic focus is on developing its Vaca Muerta assets, which are key to its growth. [11] A recent significant development is the acquisition of Petronas Argentina, which includes a valuable joint venture with YPF in the La Amarga Chica unconventional block in Vaca Muerta. [27] This acquisition is anticipated to boost their production volumes and revenue significantly. [27] The company's financial performance in 2024 demonstrated strong growth, mainly driven by increased oil production. [19, 25] Vista Energy's revenue growth in 2024 was primarily fueled by an increase in oil production. [25] The acquisition of Petronas Argentina's assets in La Amarga Chica adds production volumes from that block, which generated US$ 909 million in revenues in 2024. [27] Specific consolidated production volumes for Vista Energy in 2024 were not explicitly stated in the provided text. $1.65 billion in 2024. [9, 19] TTM revenue of $1.77 billion as of March 31, 2025. [9, 11]
Central Puerto SA: A major private-sector power generation company in Argentina involved in the generation and commercialization of electric power from both conventional and renewable sources. [5] The company also has operations in natural gas distribution. [5] It is a publicly listed company with its headquarters in Buenos Aires. [5] Central Puerto operates in four main business segments: conventional electric power generation and sales, renewable electric power generation and sales, natural gas transport and distribution, and management and operations of thermal plants. [5] The largest portion of its revenue is derived from conventional power generation. [5] The company has invested in and operates various wind farms across Argentina as part of its renewable energy portfolio. [29] Central Puerto is a significant contributor to Argentina's electricity supply mix, with activities in both thermal and renewable generation. [5, 29] The company has engaged in strategic collaborations, including an agreement with YPF Luz for project development. [43] Beyond the energy sector, Central Puerto has also expanded its investments into areas like mining. [43] The company reported an increase in sales in 2024. [29] Central Puerto's total installed capacity in 2024 was 3,392 MW. [7] The total energy sold during 2024 amounted to 14,176 GWh. [7] This volume was composed of 12,037 GWh from thermal sources and 2,139 GWh from renewable sources. [7] The company also reported steam production of 3,010 k tn. in 2024. [7] $807 million TTM as of December 31, 2024. [5] ARS 738,169.74 million in 2024. [29] (Note: Conversion to USD depends on the exchange rate used at the time of reporting).
Tecpetrol SA: An oil and gas company focused on exploration, development, and production activities, with a strong presence in Argentina's key hydrocarbon basins, particularly the unconventional Vaca Muerta formation. [26] The company is part of the Techint Group and is a major natural gas producer in the country. [26, 30] Tecpetrol's operations in Argentina are concentrated in areas like the Neuquén Basin, which is crucial for their growth, and other regions including the Northwest, San Jorge Basin, and others. [26] Their activities in Vaca Muerta involve unconventional hydrocarbon exploitation concessions. [26] The company's production profile is heavily weighted towards natural gas, with crude oil as a secondary product. [26] They are involved in both unconventional and conventional operations. [26] Tecpetrol is recognized as a leading natural gas producer in Argentina and holds a significant market share in national gas dispatches, largely due to its prolific Fortín de Piedra field in Vaca Muerta. [26, 13] They are a major acreage holder in Vaca Muerta, second only to YPF. [26] The company exports a portion of its production. [26] Their sales in 2024 were predominantly from natural gas. [26] For the first nine months of 2024, Tecpetrol's natural gas production was 5,274 million cubic meters, representing a 9% increase compared to the same period in 2023 and constituting 88.1% of their total production. [26] Crude oil production during this nine-month period was 711,000 cubic meters. [26] The Fortín de Piedra area achieved a peak production of 848 MMcf/d in July 2024 and was responsible for 12.1% of total Vaca Muerta shale gas production in 2024. [13, 26] Sales reached $1.164 million for the first nine months of 2024. [26] (Note: This figure represents sales for a partial year).

References

  • PitchBook: YPF 2025 Company Profile: Stock Performance & Earnings (https://vertexaisearch.cloud.google.com/grounding-api-redirect/AWQVqAIgokXjXNQLDrxE7LTEjzOJhzle-O4ESC_3eTyOS81pZsLEdMyZ9yNhgxlQbPSguwnjFSqqcYvH9rgH--Zb4P-tGZlPSFQJfY2JALhAluGmPz9swWJ0I6WyzEHJc4IPUuGft2W9yw==)
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  • PitchBook: Pampa Energy 2025 Company Profile: Stock Performance & Earnings (https://vertexaisearch.cloud.google.com/grounding-api-redirect/AWQVqAJAhRLEHAJM2adJZbgOF_FZ9jGodi8RKafiSBpL8L1vkpckVHkEPIO-2hr1bJitNMS2Po92T_ZUa1EwSDJzIpqnen2Sgw-h9NwFUPtrdt0XXImz0CWP7LyBp6nejPWWwgx9nWjAuw==)
  • Companies Market Cap: Pampa Energía (PAM) - Revenue (https://vertexaisearch.cloud.google.com/grounding-api-redirect/AWQVqALqD0TWu1vV18zwiLMMVAhMNMSEbmdKpyDRipiAGbYDuXiimnYl3VcRNVU9lgswmXG9kSNDZuhUOH_uyDTKihRTrHfm9y4hL1IMpe2t4rnvn9AkxJL10HXDTf2IVCUsdRbLJlqljLWcwa3K8w==)
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  • PRNewsWire: Vista announces the acquisition of Petronas Argentina (https://vertexaisearch.cloud.google.com/grounding-api-redirect/AWQVqALQYXW_lyRoTFT0Qil9ZThKMqo8NXTdf32_mnD9BRnTiGOn1gJegVRYkA9pHSLjFT61fA9qUagpBOwlZaHO20s-3QZ6RGEHMJTNHonxkDXBvTzQvPMoKXl3dHmbc5WN_jFMscNcA5zfrHxeT3l6c5GViJBAZFk=)
  • PitchBook: Central Puerto 2025 Company Profile: Stock Performance & Earnings (https://vertexaisearch.cloud.google.com/grounding-api-redirect/AWQVqAKnr98hgQXb3-iWnbG8d0kIeq7tyBkXpyftL6U9mx9akCUmx9GfRfL7LFaq23WOQuMaG12dtPPF58yYe-MbQM-aC9xXQNzXY1lIqDGS7S6BTDlA2WUfF6VMarZI8SUMF8gKWyLWi9I=)
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  • YPF Luz: EARNINGS RELEASE 4th Quarter 2024 (https://vertexaisearch.cloud.google.com/grounding-api-redirect/AWQVqALes1cbndMUCfnXWdOO4nPaCVVx2oqnwFrsZiKFge8DZPWx5rUykpX5xjwT1QhWkl0YjUmc_bMIiaG3X6JLMUTmLZqE43Z1VN_xIJTepdnsuaj8m3SVMOhBihx3H_NQMZsyQ92CvIfTmJJAZTv6TGpiiSeDgAKy_RpSCRkJsBKv_ZDdgG90_k3wMBUnUQTN6XQC_9vqI08WTFssGPTpGtTbptNcuWV8vEfjtKySg7nb8Ls=)
  • Cucchiara: 30th January 2025 Tecpetrol S.A. (https://vertexaisearch.cloud.google.com/grounding-api-redirect/AWQVqALTS7hZfzpbkkKw6TPfgKmzCApZPBUtm7beMxJi6jQiuPUz3eu2pH1c89Xkt2zqCZ4MSM4w0l3w3wvHqn9toHrS4-l_wcnnrtvlPz7AWPZ11fYSJt5KxlAJ-XAFFctQUap3ib3RXhLi4eKpQKfbZiH72-NkL_9dHGp0XvRSFL8YQvhSwNYiWcK6)
  • Hellenic Shipping News Worldwide: Argentina's oil and gas sector: Vaca Muerta shale can drive near-term growth and fuel medium-term opportunities (https://vertexaisearch.cloud.google.com/grounding-api-redirect/AWQVqAIaXFHs8m_7leTlL-4xDzABgHd_ZDN1jInKd3HaWgTlnOMbCAewYXb4fTkZAoH3H2Dom_96w8lHLrgwhpfsi6WOVNUKFCok3_jOGc1JE0waw07FaZG_TDcUVxX2_cWEy7HQHKIulM4_l-P4SjJnnjzfNv_S0gSaOlpLrVx_MsleWO2QHQ0yVQfb9FVymbpBxbhI1dXYxZJb_9neQBUVeKKJFriMe2a8GP10ADUuUs0tq0kwrskEMmZes2vYVFdKJoe8UT2FIAL3gUTS)