Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Breakdown by Business Segment (ARS)
Fiscal Period: December 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Oil and Gas Refining and Marketing

          

Midstream and Downstream

- - - - 22,262B

Total Assets

- - - - 16,100B

CAPEX

- - - - -1,486B

D&A

- - - - 1,028B

Operating Income

- - - - 1,694B

Downstream (Excl. Gas and Power)

1,052B 2,856B 12,118B - -

Total Assets

880B 1,768B 8,017B - -

CAPEX

-39.94B -148B -922B - -

D&A

43.41B 100B 457B - -

Operating Income

86.5B 270B 724B - -

Downstream

- - - 16,383B -

Total Assets

- - - 10,751B -

CAPEX

- - - -1,187B -

D&A

- - - 624B -

Operating Income

- - - 1,346B -

Oil and Gas Production

          

Upstream

549B 1,273B 5,968B 8,532B 10,994B

Total Assets

1,076B 2,005B 8,998B 13,192B 19,111B

CAPEX

-210B -598B -3,859B -4,306B -5,366B

D&A

213B 368B 2,088B 2,024B 3,409B

Operating Income

1.69B 231B -1,558B 531B 595B

Natural Gas Pipelines

          

Lng and Integrated Gas

- - - - 2,852B

Total Assets

- - - - 1,067B

CAPEX

- - - - -60.96B

D&A

- - - - 2.9B

Operating Income

- - - - -11.61B

Heavy Construction

          

Central Administration and Others

80.45B 206B 821B 1,942B 2,679B

Total Assets

182B 357B 1,476B 2,986B 3,039B

CAPEX

-7.08B -29.4B -80.85B -134B -157B

D&A

7.97B 16.47B 45.27B 95.88B 144B

Operating Income

-18.62B -71.03B -218B -383B -488B

New Energies

- - - - 1,224B

Total Assets

- - - - 3,631B

CAPEX

- - - - -55.15B

D&A

- - - - 66.76B

Operating Income

- - - - 627B

Consolidation Adjustments

-625B -1,490B -6,831B -10,074B -13,235B

Total Assets

-13.66B -29.76B -95.4B -235B -221B

D&A

- -886M -808M - -

Operating Income

-12.72B -6.38B 45.27B -120B 109B

Oil and Gas Distribution

          

Gas and Power

215B 477B 1,919B 3,108B -

Total Assets

266B 490B 1,845B 3,608B -

CAPEX

-2.78B -13.82B -144B -146B -

D&A

2.81B 14.17B 56.59B 101B -

Operating Income

1.33B 15.94B -2.43B 151B -

Geographical Revenue Distribution History

Geographical breakdown of sales (ARS)
Fiscal Period: December 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Argentina

1,121B 2,220B 4,881B 15,185B 19,765B

Total Assets

1,685B 3,262B 14,285B 19,306B 27,681B

Mercosur Countries and Associates

60.24B 146B 413B 1,725B 2,061B

Total Assets

103M 1.74B 8.48B 1.03B 1.45B

Europe

24.25B 53.53B 136B 733B 1,037B

Rest of The World

65.9B 107B 54.93B 252B 378B