
President Javier Milei's bold economic plan for Argentina centers, in no small part, around deregulating the country's oil and gas sector. The president recently appointed former central bank president Federico Sturzenegger as Minister of Deregulation and State Transformation, with the directive to help steer more private investment toward Argentina's energy sector. These measures are expected to result in a $10 billion trade surplus in Argentina's oil and gas trade by the end of this decade, according to S&P Global estimates.
For investors seeking exposure to Argentina's energy market, here's a closer look at one stock with a major stake in the country's key Vaca Muerta oil shale that recently earned a bullish rating from Bank of America.