Vaca Muerta Dominates YPF's 3Q Results with Solid Shale Numbers

November 12, 2025--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--YPF reported adjusted EBITDA of US$1.4 billion, flat from last year, and a net loss of US$198 million, compared to net income of US$1.4 billion in third-quarter 2024. The negative financial result was due to a deferred tax charge of US$537 million.Meanwhile, the company's investments in third-quarter 2025 stood at US$1 billion, with 73.8% destined for the upstream sector and 21.4% for midstream and down