Argentina’s oil and gas market is grappling with falling crude prices and peso appreciation, with impacts on the costs for companies. Still, “companies already have investments planned for 2025. That’s not going to change,” Moody’s Ratings said. Companies operating in the Vaca Muerta formation have achieved efficiencies that allow maintaining the pace of investment while sacrificing some profits. On the other hand, companies have healthy balance sheets, with leverage ratios below their ratings.
SOURCE: SHARE CAFE