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[BUSINESS] · Argentina · 3 sources

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YPF CEO Horacio Marín details performance model and fuel price outlook

Horacio Marín, President and CEO of YPF, has detailed a performance-driven management strategy for the Argentine energy company. The model utilizes direct incentives across various levels of the organization, including a 6% commission for service station employees on individual sales and a 40% share of operational cost savings for well operators.

Marín reported that this approach contributed to the company achieving its highest adjusted EBITDA in the second quarter of 2026, a figure 70% higher than in 2014. Additionally, daily stock shortages at service stations have reportedly dropped from over 250 to an average of six.

Regarding consumer costs, Marín indicated that YPF does not plan to increase gasoline prices provided that global oil prices stabilize near 80 dollars per barrel. He also clarified that he has no intention of seeking political office in the 2027 elections.

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Argentina · Horacio Marín · YPF

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