FT Alphaville " Old-fashioned expropriation Though the Kirchner government called it "hydrocarbon sovereignty" and "in the national public interest" when making its move to nationalise YPF, in which Repsol owned a stake, according to Argentina's Clarin. Getting creative with the terms we see! Nationalisation has hardly come out of the blue in this months-long dispute so we'd suppose it's largely been priced into Repsol stock. Still, there are YPF ADRs... This entry was posted by Joseph Cotterill on Monday, April 16th, 2012 at 17:10 and is filed under Capital markets. Tagged with argentina, Repsol, Spain, ypf.