YPF posts strong Q3 2026 results with record profit and lower leverage

YPF reported third‑quarter 2026 revenue of $6.6 billion and adjusted EBITDA of $2.5 billion, an 84% year‑over‑year increase. Net profit rose to $1.196 billion, reversing a loss from the prior year, while free cash flow reached $901 million. The company completed the $430 million acquisition of the remaining stake in YPF Luz and reaffirmed its full‑year capital‑expenditure target of $5.8 billion‑$6.2 billion.

YPF said the drop in net leverage to 0.81 x gives the firm greater financial flexibility. The strong cash generation and lower debt improve the balance sheet, which may support future investments and dividend policy.

  • Asset sales total reported as $2.2 billion versus $998 million.

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