YPF (NYSE: YPF) gains full Southern Hub control and amends Pluspetrol deal
Rhea-AI Filing Summary
YPF Sociedad Anónima reports the closing of a transaction in which Pluspetrol S.A. transferred its entire interest in the Meseta Buena Esperanza, Aguada Villanueva and Las Tacanas areas, known together as the Southern Hub, to YPF. As a result, YPF now holds a 100% interest in the Southern Hub as of April 30, 2026.
The companies also amended their January 22 agreement regarding the sale of 44.44% of the shares of Vaca Muerta Inversiones S.A., which holds a 45% interest in Temporary Joint Venture Agreements for the La Escalonada and Rincón La Ceniza areas. Subject to certain conditions precedent, Vaca Muerta Inversiones may instead directly transfer a 20% interest in these joint venture agreements and related joint operating agreements to Pluspetrol. The amendment does not create additional expenditure or revenue for either party other than potential price adjustments at closing once conditions are fulfilled.
Positive
- None.
Negative
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Insights
YPF consolidates its Southern Hub while reshaping a Vaca Muerta partnership.
YPF now holds a 100% interest in the Southern Hub areas after Pluspetrol transferred its entire stake. This simplifies ownership across Meseta Buena Esperanza, Aguada Villanueva and Las Tacanas and may streamline operational and investment decisions in that cluster.
The amended agreement around Vaca Muerta Inversiones S.A. gives Pluspetrol alternative exposure to the La Escalonada and Rincón La Ceniza assets, either via a 20% direct interest in the Temporary Joint Venture Agreements or 44.44% of Vaca Muerta Inversiones’ shares. The filing notes that this amendment itself does not generate additional expenditure or revenue beyond potential price adjustments at closing, so the immediate financial effect is limited and the main impact is on asset ownership structure.
Key Figures
Key Terms
Temporary Joint Venture Agreements financial
conditions precedent regulatory
Contratos de Unión Transitoria financial
joint operating agreements financial
Relevant Information regulatory
FAQ
What transaction did YPF (YPF) complete with Pluspetrol in April 2026?
What is YPF’s ownership in the Southern Hub after this transaction?
How did YPF and Pluspetrol amend their January 22, 2026 agreement?
What role does Vaca Muerta Inversiones S.A. play in the YPF–Pluspetrol deal?
Does the amendment between YPF and Pluspetrol create immediate revenues or costs?
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 6-K
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REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2026
Commission File Number: 001-12102
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YPF Sociedad Anónima
(Exact name of registrant as specified in its charter)
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Macacha Güemes 515
C1106BKK Buenos Aires, Argentina
(Address of principal executive office)
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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F ☐
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YPF Sociedad Anónima
TABLE OF CONTENT
ITEM 1 Translation of letter to the Argentine Securities Commission (Comisión Nacional de Valores) dated April 30, 2026.
Buenos Aires, April 30, 2026.
COMISION NACIONAL DE VALORES
25 de Mayo 175
Buenos Aires
BOLSAS Y MERCADOS ARGENTINOS S.A. (“ByMA”)
Sarmiento 299
Buenos Aires
A3 MERCADOS S.A. (“A3 Mercados”)
Maipú 1210
Buenos Aires
Ref.: Relevant Information – Agreement between YPF S.A. and Pluspetrol S.A. – Closing
Ladies and Gentlemen,
We are writing to you in order to comply with the CNV Rules and the corresponding regulations of ByMA and A3 Mercados.
In this regard, and following up on our communication dated January 22 of this year, we hereby inform you that today, April 30, the closing of the transaction whereby Pluspetrol S.A. (“Pluspetrol”) transferred its entire interest in the “Meseta Buena Esperanza,” “Aguada Villanueva,” and “Las Tacanas” areas (the “Southern Hub”) to YPF S.A. (“YPF”) took place.
We also hereby inform you that, as of today’s date, the Parties amended the Agreement dated January 22, in connection with the sale by YPF to Pluspetrol of 44.44% of the shares of Vaca Muerta Inversiones S.A. (the “Shares”), a company 100% controlled by YPF and holder of a 45% interest in the Temporary Joint Venture Agreements (Contratos de Unión Transitoria) for the “La Escalonada” and “Rincón La Ceniza” Areas in the Province of Neuquén (the “UTE Agreements”). In this regard, the Parties agreed to include, subject to the fulfillment of certain conditions precedent, the direct transfer by Vaca Muerta Inversiones S.A. to Pluspetrol of a 20% interest in the UTE Agreements and the corresponding joint operating agreements. In the event that such conditions are not met, or at Pluspetrol’s option, the latter shall acquire the Shares. This amendment does not entail any expenditure or revenue for the parties, beyond any price adjustments that may apply at the time of closing of the transaction and once the conditions precedent have been satisfied.
Consequently, as of April 30, 2026, YPF’s interest in the Southern Hub is 100%.
Sincerely,
Margarita Chun
Markets Relations Officer
YPF S.A.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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| YPF Sociedad Anónima | ||
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Date: April 30, 2026 | By: |
| /s/ Margarita Chun | |
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| Name: |
| Margarita Chun |
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| Title: |
| Market Relations Officer |