Argentine oil companies lag despite crude rally and Vaca Muerta records

FinanceInternationalClarin.comNov 14, 2026, 5:02 PMAI summary

With the war in the Middle East and blockades in the Strait of Hormuz, crude prices rose and international oil companies gained value: Chevron returns 45.9% including dividends so far in 2026, Exxon 43.9%, Shell 37.8% and BP 36.8%; Petrobras is up 59.4% and Ecopetrol 60.5%. The Argentine firms listed on the NYSE trail far behind: Vista Energy gains 14.0% and YPF 2.9%. Altum Research attributes part of the lag to country risk and part to exposure to local prices.

In 40 seconds

Chevron returns 45.9%, Exxon 43.9%, Shell 37.8% and BP 36.8% including dividends so far in 2026
Petrobras is up 59.4% and Ecopetrol 60.5%, while Vista Energy gains 14.0% and YPF 2.9%
Vista and YPF are the only Argentine firms on Wall Street that gained value, with the Merval in dollars down 30.1%

Read the full story at Clarin.com

IASummary generated by artificial intelligence from a story by Clarin.com. It may contain errors: the original source prevails.

petróleo
YPF
Vista Energy
Vaca Muerta
riesgo país

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Argentine oil companies lag despite crude rally and Vaca Muerta records

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Açucareira Quatá and Mez 6 Energia issue 834 million reais in Brazil

Huaxin Building buys 99.99% of CSN Cimentos Brasil for 12.7 billion reais

Nubank obtains banking license in Brazil after Central Bank approval

Inflation, TES and retail improve, but industry and social housing fall in De la Espriella's first 100 days, according to Dapper