YPF - YPF down 2% after Q3 miss on the top and bottom lines
YPF ([[YPF]] -1.5%) reported Q3 net loss of $482M vs. $252M in Q3 2019, still in negative territory as the effects of the pandemic continued having a toll on economic results.Revenues dropped 29.7% to $2.3B.Operating loss of $319M vs. $621M in Q3 2019., and adjusted EBITDA was 60% lower to $392M.Total hydrocarbon production decreased 11.6 Y/Y% to 468.5 Kboed, average crude oil processed was 202.4 Kbbld, 10.9% lower, while natural gas levels decreased 19.4 Y/Y% to 35.2 Mm3d.Previously: YPF Sociedad Anónima EPS misses by $1.27, misses on revenue (Nov.11).
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YPF down 2% after Q3 miss on the top and bottom lines