YPF S.A. (YPF) CEO Sergio Affronti on Q3 2020 Results - Earnings Call Transcript

Nov. 11, 2020 3:45 PM ETYPF Sociedad Anónima (YPF)
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YPF S.A. (NYSE:YPF) Q3 2020 Earnings Conference Call November 11, 2020 8:30 AM ET

Company Participants

Santiago Wesenack - Manager, Investor Relations

Sergio Affronti - Chief Executive Officer

Alejandro Lew - Chief Financial Officer

Conference Call Participants

Frank McGann - Bank of America

Marcelo Gumiero - Credit Suisse

Barbara Halberstadt - JPMorgan

Bruno Montanari - Morgan Stanley

Luiz Carvalho - UBS

Anne Milne - Bank of America

Mattias Wesenack - AR Partners

Andrew De Luca - Barclays


Good morning and thank you for standing by, and welcome to the YPF Third Quarter 2020 Earnings Conference Call. At this time, all participant lines are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session, and instructions will follow at that time. Please be advised, that today's conference is being recorded. [Operator Instructions]

I would now like to hand the conference over to your host, Santiago Wesenack, Investor Relations Manager. Please go ahead.

Santiago Wesenack

Good morning, ladies and gentlemen. This is Santiago Wesenack, YPF's IR Manager. Thank you for joining us today in our third quarter 2020 earnings call. I hope you're all safe. The presentation will be conducted by our CEO, Sergio Affronti; our CFO, Alejandro Lew; and myself.

During the presentation, we will go through the main aspects and events that is [technical difficulty] our third quarter results and finally, we will open for questions. Before we begin [technical difficulty] statement on Slide 2.

Please take into consideration that our remarks today and answers to your questions may include forward-looking statements, which are subject to risks and uncertainties that could cause actual results to be materially different from the expectations contemplated by these remarks. Also note, the exchange rate used in the calculations to reach our main financial figure is in dollar terms. Our financial figures are stated

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