Beaten down Argentine integrated oil and gas play YPF S.A. (YPF) continues to surge on more emerging positive developments, to now be up by over 19% since I last reviewed the company in early September 2012. The company had crashed precipitously in value with the Argentine government's decision to nationalize it by expropriating the company from its controlling owner, Spain's Repsol (REPYY.PK) in early 2012. This also saw many analysts and pundits declare the company as 'dead money', with investors bailing for the exits and crystallizing large losses.
However, since touching a post-nationalization low of $9.21 the company has surged in value with it successfully implementing an ambitious expansion plan in order to access...