YPF is Argentina's largest integrated oil and gas company, producing crude oil, natural gas liquids, and natural gas from a diversified portfolio of onshore and offshore fields across multiple basins. The company generates revenue through the sale of hydrocarbons from operated and non-operated properties, with production increasingly concentrated in unconventional shale resources that require significant capital investment and drilling activity, while also maintaining conventional operations and earning returns through joint venture arrangements with international and domestic partners. YPF supplies both the Argentine domestic market and regional and international customers, holding substantial production stakes that position it as a leading energy producer in the country.