YPF Seeks to Resume Dividends for Shareholders in 2026: CFO

Argentina’s state-run oil company YPF wants to pay dividends to shareholders starting in 2026 after stopping them more than five years ago, CFO Federico Barroetavena said on a 1Q earnings call.

• YPF expects negative free cash flow this year and next as it ramps up development of shale patch Vaca Muerta, so it’ll be 2026 when “a top priority will be normalizing this dividend situation”: Barroetavena
• Other highlights from the call:
  • YPF’s $2.5 Billion Shale Oil Pipeline Moves Ahead After Approval
  • YPF has accepted a government bond offer to settle a debt that state electricity wholesaler Cammesa has recently ...