YPF stock reports record Q2 profit as EBITDA guidance rises

Published on 10/05/2026 at 12:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

YPF stock carries a USD 60.33 consensus target after Q2 revenue reached USD 6.57 billion. The October 2 last price was USD 49.67, with six analysts split between Buy and Hold.

YPF, US9842451000, Illustration mit AI erstellt.

YPF stock (ISIN US9842451000) was last at USD 49.67 on the NYSE on October 2, 2026, at 4:00 p.m. ET, up 0.81 percent from the prior close. The Argentine energy company reported record second-quarter profitability and raised its 2026 adjusted EBITDA guidance to USD 8 billion, according to Yahoo Finance on August 11, 2026.

Q2 revenue beats consensus

YPF reported USD 6.57 billion of second-quarter revenue against a USD 5.99 billion consensus estimate, while earnings per share reached USD 3.07 versus USD 2.26 expected, according to MarketBeat on September 29, 2026.

The same quarter produced USD 1.2 billion in net income, compared with USD 58 million in the second quarter of 2025, while adjusted EBITDA reached USD 2.8 billion. The earnings call identified shale expansion, refinery utilization and cost control as the main operating drivers.

Guidance points to higher cash generation

Management raised adjusted EBITDA guidance from USD 6 billion to USD 8 billion for fiscal year 2026. The company also guided to USD 5.8 billion-USD 6.2 billion of capital spending and positive free cash flow of USD 2 billion, according to Yahoo Finance on August 11, 2026.

Shale oil production reached 213,000 barrels per day in Q2 2026, up 47 percent year over year, and represented 80 percent of YPF's total oil output. That production mix gives the guidance update a direct operating base, although the plan remains exposed to oil prices, execution and Argentina's financing conditions.

Analysts see room above the last price

MarketBeat reported on September 29, 2026, that six firms held a Moderate Buy consensus, with three Buy ratings and three Hold ratings. The average 12-month target was USD 60.33, putting the October 2 price of USD 49.67 17.67 percent below that target; published targets ranged from USD 55 to USD 66.

JPMorgan raised its target from USD 61.50 to USD 66.00 and assigned an Overweight rating on September 1, 2026, according to MarketBeat.

YPF stock stays below its yearly high

At USD 49.67 on the NYSE on October 2, 2026, YPF stock stood 14.18 percent below its 52-week high of USD 57.87 and above its 52-week low of USD 23.37. The market capitalization was USD 19.5 billion and trading volume was 795,692 shares.