Succinct profile of the studied companies
| SOE | Revenues (in USD millions, 2019) | Employees (2019) | Business units operating internationally1 | Exports/revenues abroad (2019) |
|---|---|---|---|---|
| INVAP | 181 | 1,301 | 4 out of 4 | 35% |
| EPM | 961 | 14,046 | 5 out of 7 | 16% |
| ENAP | 7,628 | 3,354 | 1 out of 2 | 2% |
| YPF | 11,613 | 19,072 | N/A | N/A |
| Ecopetrol | 19,102 | 10,087 | 1 out of 3 | 51% |
| SOE | Revenues | Employees | Business units | Exports/revenues |
|---|---|---|---|---|
| INVAP | 181 | 1,301 | 4 out of 4 | 35% |
| EPM | 961 | 14,046 | 5 out of 7 | 16% |
| ENAP | 7,628 | 3,354 | 1 out of 2 | 2% |
| YPF | 11,613 | 19,072 | N/A | N/A |
| Ecopetrol | 19,102 | 10,087 | 1 out of 3 | 51% |
Notes:
1This estimation is based on the current activities abroad in relation to the current business units that each company has. In the case of EPM the company had wind energy abroad but it no longer has. Thus, we estimate five business units abroad instead of the six that used to have. For a brief period ENAP had two activities abroad but it currently has one. YPF currently does not have assets abroad so it makes the value in this cell unavailable. As a reference, YPF – through affiliates in which is a large shareholder and its own businesses – has participation in seven different activities. When it was internationalized, it only did so in oil the oil sector