# YPF share split, stock outlook, and Metrogas sale > Live situation record from CLSTR: https://clstr.news/situations/ypf-share-split-and-stock-outlook > Updated: 2026-08-18T15:36:00.000Z. Sources: 35. Developments: 5. In late July 2026, Argentine energy company YPF announced a 10-for-1 share split to take effect on 4 August 2026, aiming to boost liquidity and make its stock affordable for small Argentine investors. The split lowers the nominal share price while leaving total equity unchanged, and YPF will adjust its American Depositary Shares arrangement accordingly. A week later, analysts at Adcap Grupo Financiero raised their price target for YPF’s ADR shares to US$63, projecting a potential 25% gain over the next year. The bullish outlook was driven by strong downstream margins, record EBITDA, and progress on Vaca Muerta projects, including a near-complete pipeline and plans to increase shale-oil output. Larger initiatives like the Loma La Lata (LLL) Oil project and the Argentina LNG project were also noted as key drivers. On 4 August 2026, YPF completed the 10-for-1 split. Each existing share was automatically divided into ten, reducing the quoted price to roughly one-tenth without requiring any action from shareholders and preserving voting rights. CEO Horacio Marín said the move makes the shares “as cheap as a coffee” to attract a broader base of small investors. In mid-August 2026, YPF announced it had accepted a US$780 million offer from Edenor and Andina PLC to sell its 70% controlling stake in Metrogas, Argentina's largest natural gas distributor, along with a 5% stake in MetroEnergía. The sale followed a competitive bidding process facilitated by Citigroup and remains subject to regulatory approvals from the Ente Nacional Regulador del Gas y la Electricidad (ENRGE). This divestment is part of a strategic review to optimize YPF's asset portfolio and concentrate investments on Vaca Muerta shale resources. To further its retail-investor focus, YPF launched a new feature in its mobile application through a strategic alliance with Santander. ## Claims - YPF accepted an offer from Edenor to purchase its stake in Metrogas and MetroEnergía for US$780 million. (corroborated by 14 sources) - Citigroup served as the financial advisor for the competitive process. (corroborated by 11 sources) - The divestment is part of YPF's strategy to optimize its portfolio and focus investments on Vaca Muerta. (corroborated by 10 sources) - The transaction's closing is subject to regulatory approvals, including the Ente Nacional Regulador del Gas y la Electricidad (ENRGE). (corroborated by 9 sources) - José Luis Manzano already holds a 9.23% stake in Metrogas through Integra Gas Distribution. (corroborated by 9 sources) - Edenor is controlled by the Edelcos consortium, which includes businessmen José Luis Manzano, Daniel Vila, and Mauricio Filiberti. (corroborated by 8 sources) - The transaction includes 70% of Metrogas's capital and voting rights, plus 5% of MetroEnergía. (corroborated by 5 sources) - The final stage of the competitive bidding process included five finalists: Edenor, Central Puerto (with Ecogas), MSU, Grupo Pierri, and Litoral Gas. (corroborated by 4 sources) ## Timeline ### 2026-08-18: YPF enables direct stock trading through its mobile app YPF has introduced a feature in its mobile app allowing users to buy and sell company shares directly, a move the firm describes as a global first in its digital financial ecosystem. 3 sources. https://clstr.news/cluster/ypf-enables-direct-stock-trading-through-its-mobile-app ### 2026-08-10: YPF to sell Metrogas and MetroEnergía stake to Edenor for US$780 million YPF will sell its 70% stake in Metrogas and 5% in MetroEnergía to Edenor for US$780 million to focus on Vaca Muerta. 22 sources. https://clstr.news/cluster/edenor-to-acquire-ypfs-stake-in-metrogas-for-us780-million ### 2026-08-03: YPF carries out 10‑for‑1 stock split to widen Argentine investor base YPF executed a 10‑for‑1 stock split on 4 August, lowering share price to broaden access for Argentine investors, with CEO Horacio Marín highlighting the goal of making shares affordable. 3 sources. https://clstr.news/cluster/ypf-carries-out-10for1-stock-split-to-widen-argentine-investor-base ### 2026-07-28: YPF stock projected 25% gain as analysts raise price target Adcap analysts see YPF ADR up 25% in 12 months, lifting the target to $63 and suggesting a $100 investment could yield $125, aided by strong downstream earnings and Vaca Muerta projects. 5 sources. https://clstr.news/cluster/ypf-stock-projected-25-gain-as-analysts-raise-price-target ### 2026-07-21: YPF to split shares 10‑for‑1 on August 4, 2026 to broaden retail investor access YPF will carry out a 10‑for‑1 share split on August 4 2026, automatically issuing nine extra shares per existing one to boost liquidity and make the stock more accessible to Argentine retail investors. 7 sources. https://clstr.news/cluster/ypf-to-split-shares-10for1-on-august-4-2026-to-broaden-retail-investor-access --- Cite as: YPF share split, stock outlook, and Metrogas sale. CLSTR, https://clstr.news/situations/ypf-share-split-and-stock-outlook