YPF to Divest MetroGAS and MetroENERGÍA Stakes to EDENOR for US$780 Million
YPF has more than doubled off its 52-week low of $22.82.
Summary
YPF agreed to sell its 70% stake in MetroGAS and 5% stake in MetroENERGÍA to EDENOR for US$780 million, exiting the gas distribution business entirely.
Key Events · M&A and Partnerships · YPF
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Sale of MetroGAS and MetroENERGÍA Stakes
YPF accepted EDENOR's offer to purchase its 70% stake in MetroGAS (290.3M Class A shares and 108.1M Class B shares) and 5% stake in MetroENERGÍA (11,500 Class A shares) for US$780 million.
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Financial Impact
The US$780 million proceeds will strengthen YPF's balance sheet and fund its strategic shift toward unconventional oil and gas, following recent asset sales totaling over US$400 million.
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Regulatory Conditions
Closing is subject to regulatory approvals, including from the Ente Nacional Regulador del Gas y la Electricidad (ENRGE), which could delay or block the transaction.
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Strategic Exit from Gas Distribution
This divestiture completes YPF's exit from the gas distribution business, aligning with its strategy to focus on upstream unconventional assets like Vaca Muerta.
Analysis · YPF · Energy & Transportation
In a move that sharpens its focus on core unconventional oil and gas assets, YPF is exiting its entire position in MetroGAS (70% stake) and MetroENERGÍA (5% stake) for US$780 million. This significant divestiture follows recent conventional asset sales and delivers a material cash infusion. However, the deal hinges on regulatory approvals, including from Argentina's gas and electricity regulator (ENRGE).
How filings like this one have moved
In the 30 days to Sep 30, 2026, 34.9% of the 1009 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.52%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, YPF was trading at $53.12 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $20.4B. The 52-week trading range was $22.82 to $57.49. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.