这家国有石油公司从去年同期的亏损转为第三季度盈利，主要得益于Vaca Muerta页岩产量上升和炼油利润率改善，同时将净负债降至十年来最低水平。
The state-run oil company swung from a year-earlier loss to a third-quarter profit, driven by rising Vaca Muerta shale output and improved refining margins, while cutting net debt to a decade low.
阿根廷国有石油公司YPF公布第三季度利润为11.96亿美元，扭转了去年同期1.98亿美元的亏损，原因是Vaca Muerta页岩层产量上升和炼油利润率改善提振了盈利。净负债降至息税折旧摊销前利润（EBITDA）的0.81倍，为十年来最低杠杆率，使公司有更多空间为新钻井提供资金。
Argentina's state-run oil company YPF reported a third-quarter profit of $1.196 billion, reversing a $198 million loss in the same period last year, as rising output from the Vaca Muerta shale formation and improved refining margins lifted earnings. Net debt fell to 0.81 times EBITDA, the lowest leverage ratio in a decade, giving the company more room to fund new drilling.
这一扭亏为盈标志着YPF在多年 heavy 借贷之后，为提高页岩油气产量和削减成本而进行的多年努力达到顶峰。高管们表示，国际原油价格走强以及今年开始商业运营的Vaca Muerta Sur管道出口量增加，都对本季度业绩有所贡献。
The turnaround caps a multi-year push by YPF to raise shale oil and gas production and cut costs after years of heavy borrowing. Executives said stronger international crude prices and higher exports through the Vaca Muerta Sur pipeline, which began commercial operations this year, both contributed to the quarter's results.
上述业绩出炉之际，由总统哈维尔·米莱领导的阿根廷政府正为该页岩盆地争取更多外国投资，并寻求利用能源出口帮助弥补该国长期存在的美元短缺。分析人士表示，YPF较低的债务负担增强了其与国际石油巨头谈判新合作伙伴关系中的地位。
The results arrive as Argentina's government, led by President Javier Milei, courts further foreign investment in the shale basin and seeks to use energy exports to help close the country's chronic dollar shortage. Analysts said YPF's lower debt load strengthens its position to negotiate new partnerships with international oil majors.