YPF Stock Soars on LNG Mega-Deal and Milei’s Reforms – Will Argentina’s Oil Giant Keep Climbing?
Recent News & Developments Milei’s Market-Friendly Agenda: Since taking office in December 2023, President Javier Milei has pursued aggressive free-market reforms that directly impact YPF and the energy sector. Early on, Milei floated plans to privatize YPF, igniting a buying frenzy in YPF’s stock reuters.com. “YPF was one of several state-controlled companies he plans to sell,” Milei declared after his election, aiming to “create value” in the company before a sale reuters.com. Global investors reacted swiftly – YPF’s U.S.-listed shares skyrocketed over 40% in a single session on Milei’s privatization comments reuters.com. However, by January 2024 the administration backed off