Hot Dividend Stocks To Invest In 2015: YPF Sociedad Anonima(YPF)
YPF SOCIEDAD ANONIMA, an energy company, engages in the exploration, development, and production of crude oil, natural gas, and liquefied petroleum gas (LPG) in Argentina. The company also involves in refining, marketing, transportation, and distribution of oil and a range of petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels; and gas separation and natural gas distribution operations. As of December 31, 2010, it had proved reserves of approximately 531 million barrels of oil and 2,533 billion cubic feet of gas; and retail distribution network of 1,622 YPF-branded service stations for automotive petroleum products. The company?s crude oil transportation network includes approximately 2,700 kilometers of crude oil pipelines with approximately 640,000 barrels of aggregate daily transportation capacity of refined products; crude oil tankage of approximately 7 million barrels; and terminal facilities at 5 Argentine ports. In addition, it participates in 3 power stations with an aggregate installed capacity of 1,622 megawatts. The company was founded in 1977 and is based in Buenos Aires, Argentina. YPF SOCIEDAD ANONIMA is a subsidiary of Repsol YPF, S.A.
Advisors' Opinion:- [By Garrett Cook]
Energy shares dropped around 0.22 percent in today’s trading. Top decliners in the sector included Daqo New Energy (NYSE: DQ), PDC Energy (NASDAQ: PDCE), and YPF SA (NYSE: YPF).
- [By Dan Carroll]
That's all Chevron's stock has done today, however, falling along with the broader energy sector. Strangely, Chevron's stock is on the downswing despite a release of good news. The Supreme Court of Argentina unfroze Chevron's assets in the South American nation, lifting an earlier embargo that had gone on for months. Chevron is looking to team up with Argentinian state-run energy firm YPF (NYSE: YPF ) in developing the Vaca Muerta shale field, the! world's second-largest shale-oil basin.
- [By fedezaldua]
Last year, the Argentinean government nationalized 51% of YPF (YPF) from Madrid based Repsol (REPYY), which still holds a 12.4% stake in Argentina's biggest oil and gas company. When the nationalization happened, Argentina's government argued that the Spanish group had not been investing enough in the country. Hence, the lack of investments had left Argentina without its very much appreciated external surplus in oil and gas. Even when its true that YPF's Capex investments were kept at a minimum level from 2003 to 2011, its also true that low Capex was a direct result of Argentina's (very) poor and unsustainable energy policies.
- [By Aaron Levitt]
First, the Brazilian governments populist politics and price controls on various refined petroleum products have continued to destroy PBRs bottom line. By only allowing Petrobras to sell gasoline at certain prices, the firm actually losses money on its downstream operations. These controls by the Brazilian government extend in other operations of PBR as well, and the threat of an Argentinian-style YPF (YPF) nationalization — however small — is there.
source from Top Penny Stocks For 2015:http://www.topstocksforum.com/hot-dividend-stocks-to-invest-in-2015.html
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