YPF SA engages in the exploration, production and distribution of crude oil, natural gas, and liquefied petroleum gas (LPG). It operates through following segments: Exploration & Production, Refining & Marketing, Chemicals, and Corporate & Other. The Exploration & Production segment includes sales of natural gas and services fees. The Refining & Marketing segment's activities include crude oil refining and transportation, as well as the marketing and transportation of refined fuels, lubricants, LPG, compressed natural gas and other refined petroleum products in the domestic wholesale and retail markets and the export markets. The Chemicals segment sells petrochemical products both in the domestic and export markets. The Corporate & Other segment handles corporate administration costs, assets, and certain construction activities mainly related to the oil and gas industry. The company was founded on June 2, 1977 and is headquartered in Buenos Aires, Argentina.