YPF Reports Stable Revenue Amid Shale Growth
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YPF Sociedad Anonima reported its Q3 earnings, revealing stable revenues of $4.643 billion and a 21% increase in adjusted EBITDA quarter-over-quarter. Despite a net loss of $198 million due to shale asset acquisitions, the company achieved a 35% year-over-year growth in shale oil production and reduced lifting costs by 28%. YPF's focus on unconventional assets and operational efficiencies positions it for potential growth, supported by ongoing projects and financing activities.
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