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Capex SA

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uuid002p7j3

Namestring
Capex SA
Websiteurl
capex.com.ar
Company typeenum
Private
Founded yearint
1988
Descriptiontext

Capex SA is an Argentine private energy company founded in 1988 and headquartered in Vicente López, Argentina, operating across the full hydrocarbon value chain from exploration and exploitation through to energy generation. The company is dedicated to the exploration and production of hydrocarbons and to the generation of electrical, thermal, and renewable energy, indicating a vertically integrated upstream-and-power business model rather than a pure-play E&P operator. With 51-100 employees, Capex operates at a mid-cap scale relative to the regional Latin American oil and gas peer set, which includes larger integrated producers such as Vista Energy Argentina, Pluspetrol, Tecpetrol, Pan American Energy, and Petroquímica Comodoro Rivadavia.

The company's core assets are its hydrocarbon concessions, exploration acreage, and energy generation infrastructure in Argentina — a regulatory and operating environment characterized by currency volatility, inflation, and interventionist energy policy. Capex does not have a public listing or disclosed venture or private-equity backers in the available sources, and it was not identified as a subsidiary of a larger holding company. In February 2026, Fitch Ratings affirmed Capex's credit rating within a BB- to B- range as part of an updated assessment of six Latin American oil and gas production issuers under revised Corporate Rating Criteria.

No specific named products, services, technology platforms, or customer segments are disclosed in the available sources. The financial figures presented in the input appear to be denominated in local Argentine currency rather than USD, and the firmographic data explicitly notes that revenue figures are not directly disclosed. As such, the company's revenue mechanics — pricing, offtake structure, customer mix, and segment economics — cannot be precisely determined from the available evidence, and any monetization analysis should be treated as indicative rather than definitive.

Short descriptiontext

Capex SA is a private Argentine energy company founded in 1988, headquartered in Vicente López, engaged in hydrocarbon exploration and production and the generation of electrical, thermal, and renewable energy for the Argentine market.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersVicente López, Argentina
HQ citystring
Vicente López
HQ countrystring
Argentina
HQ regionstring
Latin America
Markets served

Serves global market

Keyword5 values
oil and gas exploration, hydrocarbon production, electrical energy generation, thermal energy generation, renewable energy generation
Industry1 code
1Gas-to-Power Project Development (IPP/CPP, Permitting, Financing)
CodeEUALALACPrimaryYes
NAICS code1 code
  • Electric Power Generation22111
SIC code1 code
  • Cogeneration Services & Small Power Producers4991
Product category
Oil and Gas Production
No data
Cost components4 values
Operations, Infrastructure, Supply Chain, Personnel
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Capex SA is dedicated to the exploration and exploitation of hydrocarbons and to the generation of electrical, thermal, and renewable energy. The company operates as an upstream oil and gas producer and power generator based in Vicente López, Argentina, supplying energy commodities and power to the Argentine and Latin American market.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Capex SA is a Latin American oil and gas production company. Based on the available source material, no specific named products, services, or modules are identified. The company operates in the energy sector as a production issuer, with its credit rating affirmed by Fitch Ratings alongside other Latin American oil and gas producers including Vista Energy Argentina, Pluspetrol, Tecpetrol, Pan American Energy, and Petroquimica Comodoro Rivadavia.

Product and service4 records
1Hydrocarbon Exploration and Exploitation
2Electrical Energy Generation
3Thermal Energy Generation
CategoryPower Generation
4Renewable Energy Generation
CategoryRenewable Energy
Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move2 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight2 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Argentina-focused upstream oil and gas producer operating in Vaca Muerta. Co-listed with Capex SA in Fitch's February 2026 credit affirmation of Latin American O&G producers, and the closest direct comp on geography, asset mix, and customer base.

TypeDirect peer
Description

Argentine upstream oil and gas producer (Techint group) with material Vaca Muerta exposure. Co-listed with Capex in the Fitch affirmation and a closely comparable Argentine-focused private O&G peer.

TypeOthers
Description

Argentina's largest gas midstream operator providing transportation and processing services. Comparable adjacent infrastructure to Capex's hydrocarbon operations rather than a direct upstream competitor.

TypeDirect peer
Description

Argentine integrated energy holding with upstream gas production and large-scale power generation activities (thermal and renewables). Closely mirrors Capex's stated hydrocarbon-plus-power model and operates in the same regulatory and customer environment.

TypeDirect peer
Description

Argentina-focused upstream oil and gas producer with conventional and tight oil assets. Similar private Argentine producer profile and scale, making it a useful peer for benchmarking unit economics and Argentine macro exposure.

TypeDirect peer
Description

Latin American (including Argentina) privately held upstream and midstream O&G operator with gas processing and power-adjacent activities. Co-listed with Capex in the Fitch credit assessment; comparable integrated hydrocarbon-to-energy business.

TypeBroad incumbent
Description

Argentina's largest integrated oil and gas producer with upstream, midstream, downstream, and power generation. The dominant Argentine incumbent against which Capex's scale, capital access, and acreage are benchmarked.

TypeEmerging player
Description

Latin America-focused upstream oil and gas operator with Argentine and Chilean acreage. Smaller and publicly listed, but comparable as a regionally focused independent E&P active in the same hydrocarbon basins.

TypeDirect peer
Description

Argentine integrated oil and gas producer with upstream operations and downstream petrochemicals. Co-listed with Capex in the Fitch credit affirmation; overlaps in Argentine hydrocarbon production.

TypeDirect peer
Description

Argentina's largest privately held integrated oil and gas producer with conventional and unconventional acreage. Co-listed with Capex in the same Fitch affirmation and shares an Argentine-focused upstream business model.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Capex SA

Oil and Gas Productioncapex.com.ar

Capex SA is a private Argentine energy company founded in 1988, headquartered in Vicente López, engaged in hydrocarbon exploration and production and the generation of electrical, thermal, and renewable energy for the Argentine market.

What Capex SA does

Capex SA is an Argentine private energy company founded in 1988 and headquartered in Vicente López, Argentina, operating across the full hydrocarbon value chain from exploration and exploitation through to energy generation. The company is dedicated to the exploration and production of hydrocarbons and to the generation of electrical, thermal, and renewable energy, indicating a vertically integrated upstream-and-power business model rather than a pure-play E&P operator. With 51-100 employees, Capex operates at a mid-cap scale relative to the regional Latin American oil and gas peer set, which includes larger integrated producers such as Vista Energy Argentina, Pluspetrol, Tecpetrol, Pan American Energy, and Petroquímica Comodoro Rivadavia.

The company's core assets are its hydrocarbon concessions, exploration acreage, and energy generation infrastructure in Argentina — a regulatory and operating environment characterized by currency volatility, inflation, and interventionist energy policy. Capex does not have a public listing or disclosed venture or private-equity backers in the available sources, and it was not identified as a subsidiary of a larger holding company. In February 2026, Fitch Ratings affirmed Capex's credit rating within a BB- to B- range as part of an updated assessment of six Latin American oil and gas production issuers under revised Corporate Rating Criteria.

No specific named products, services, technology platforms, or customer segments are disclosed in the available sources. The financial figures presented in the input appear to be denominated in local Argentine currency rather than USD, and the firmographic data explicitly notes that revenue figures are not directly disclosed. As such, the company's revenue mechanics — pricing, offtake structure, customer mix, and segment economics — cannot be precisely determined from the available evidence, and any monetization analysis should be treated as indicative rather than definitive.

Capex SA firmographics

Firmographics
Name
Capex SA
Website
https://capex.com.ar
Company type
Private
Founded year
1988
Operating status
Operating
Headcount range
51–100 employees
Short description
Capex SA is a private Argentine energy company founded in 1988, headquartered in Vicente López, engaged in hydrocarbon exploration and production and the generation of electrical, thermal, and renewable energy for the Argentine market.
Ownership category
akta.pro rank

Capex SA industry classification

Industry
Product category
Oil and Gas Production
NAICS
Electric Power Generation (22111)
SIC
Cogeneration Services & Small Power Producers (4991)
akta.pro primary industry
Gas-to-Power Project Development (IPP/CPP, Permitting, Financing) (EUALALAC)

Keywords

  • Oil and gas exploration
  • Hydrocarbon production
  • Electrical energy generation
  • Thermal energy generation
  • Renewable energy generation

Where Capex SA is headquartered

Location

Headquarters

HQ city
Vicente López
HQ country
Argentina
HQ region
Latin America

Markets served

Capex SA business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Operations, Infrastructure, Supply Chain, Personnel

Capex SA product offering

Product offering

Core offering

Capex SA is dedicated to the exploration and exploitation of hydrocarbons and to the generation of electrical, thermal, and renewable energy. The company operates as an upstream oil and gas producer and power generator based in Vicente López, Argentina, supplying energy commodities and power to the Argentine and Latin American market.

Product overview

Capex SA is a Latin American oil and gas production company. Based on the available source material, no specific named products, services, or modules are identified. The company operates in the energy sector as a production issuer, with its credit rating affirmed by Fitch Ratings alongside other Latin American oil and gas producers including Vista Energy Argentina, Pluspetrol, Tecpetrol, Pan American Energy, and Petroquimica Comodoro Rivadavia.

Differentiator

Problem solved

Functional benefit

Products and services

  • Hydrocarbon Exploration and Exploitation
  • Electrical Energy Generation
  • Thermal Energy Generation
  • Renewable Energy Generation

Companies that use Capex SA

Customer profile

Ideal customer profiles1 record

Capex SA technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Capex SA partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves2 records

Expansion highlights2 records

Capex SA competitors and assessment

Company assessment

Direct peers

  • Vista Energy: Argentina-focused upstream oil and gas producer operating in Vaca Muerta. Co-listed with Capex SA in Fitch's February 2026 credit affirmation of Latin American O&G producers, and the closest direct comp on geography, asset mix, and customer base.
  • Tecpetrol: Argentine upstream oil and gas producer (Techint group) with material Vaca Muerta exposure. Co-listed with Capex in the Fitch affirmation and a closely comparable Argentine-focused private O&G peer.
  • Pampa Energía: Argentine integrated energy holding with upstream gas production and large-scale power generation activities (thermal and renewables). Closely mirrors Capex's stated hydrocarbon-plus-power model and operates in the same regulatory and customer environment.
  • Interoil Argentina: Argentina-focused upstream oil and gas producer with conventional and tight oil assets. Similar private Argentine producer profile and scale, making it a useful peer for benchmarking unit economics and Argentine macro exposure.
  • Pluspetrol: Latin American (including Argentina) privately held upstream and midstream O&G operator with gas processing and power-adjacent activities. Co-listed with Capex in the Fitch credit assessment; comparable integrated hydrocarbon-to-energy business.
  • Petroquímica Comodoro Rivadavia (PCR): Argentine integrated oil and gas producer with upstream operations and downstream petrochemicals. Co-listed with Capex in the Fitch credit affirmation; overlaps in Argentine hydrocarbon production.
  • Pan American Energy: Argentina's largest privately held integrated oil and gas producer with conventional and unconventional acreage. Co-listed with Capex in the same Fitch affirmation and shares an Argentine-focused upstream business model.

Others

  • Transportadora de Gas del Sur (TGS): Argentina's largest gas midstream operator providing transportation and processing services. Comparable adjacent infrastructure to Capex's hydrocarbon operations rather than a direct upstream competitor.

Broad incumbents

  • YPF: Argentina's largest integrated oil and gas producer with upstream, midstream, downstream, and power generation. The dominant Argentine incumbent against which Capex's scale, capital access, and acreage are benchmarked.

Emerging players

  • GeoPark: Latin America-focused upstream oil and gas operator with Argentine and Chilean acreage. Smaller and publicly listed, but comparable as a regionally focused independent E&P active in the same hydrocarbon basins.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Capex SA financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Capex SA leadership team

Management profile

Number of profiles

Capex SA funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Capex SA M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capex SA

What does Capex SA do?

Capex SA is dedicated to the exploration and exploitation of hydrocarbons and to the generation of electrical, thermal, and renewable energy. The company operates as an upstream oil and gas producer and power generator based in Vicente López, Argentina, supplying energy commodities and power to the Argentine and Latin American market.

Is Capex SA a public or private company?

Capex SA is a private company. It is classified as unknown and is currently operating.

When was Capex SA founded?

Capex SA was founded in 1988. It employs 51 to 100 people.

Where is Capex SA based?

Capex SA is headquartered in Vicente López, Argentina, in the Latin America region.

Who are Capex SA's main competitors?

Direct peers on record are Vista Energy, Tecpetrol, Pampa Energía, Interoil Argentina, Pluspetrol, Petroquímica Comodoro Rivadavia (PCR) and Pan American Energy. Transportadora de Gas del Sur (TGS) is listed as an others. YPF is listed as a broad incumbent. GeoPark is listed as an emerging player.

Does Capex SA have an API?

No public API is recorded for Capex SA.

What industry is Capex SA in?

Capex SA's product category is Oil and Gas Production. Its primary akta.pro industry code is EUALALAC, Gas-to-Power Project Development (IPP/CPP, Permitting, Financing). Its NAICS code is 22111 and its SIC code is 4991.

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Live signals
LA NACIONEl “anticristo” y el exorcismo de los dólaresArgentina's Economy Minister Luis Caputo warned that the peso's capacity to buy dollars is limited, as the government confronts the 2027 election early. Several companies, including Adecoagro and Capex, suspended foreign debt plans, and San Juan's issuance succeeded at 9.85% for $600 million. The government also plans voluntary retirements for public employees.BNamericas.comArgentina's Río Negro province sees progress in Vaca Muerta unconventional oil effortsRío Negro province in Argentina is making progress in unconventional oil extraction from the Vaca Muerta shale play, with Phoenix Global Resources bringing four wells into production in the Confluencia Sur area, contributing around 7,000 barrels per day of output and representing 30% of the province's total production. The company has invested approximately US$110 million, drilling seven horizontal wells and conducting 3D seismic studies. Additional projects are advancing with Capex, Pan American Energy, and Tango Energy investing in the region, while Río Negro ranks as Argentina's fifth-largest oil-producing province.PR NewswireCapex S.A. Announces the Expiration and Final Results of the Exchange Offer for its 6.875% Notes due 2024Capex S.A. announced the expiration of its debt exchange offer for 6.875% Notes due 2024, which closed on August 18, 2023, with approximately 82.65% of outstanding notes (U.S.$197.4 million in principal) validly tendered by eligible holders. The company satisfied both the Minimum Participation Condition and Minimum Option B Participation Condition, enabling it to accept all validly tendered notes and issue U.S.$188.8 million in new 9.250% Notes due 2028 along with U.S.$15.9 million in cash consideration on the settlement date of August 25, 2023.PR NewswireCapex Announces The Results And Acceptance Of The Cash Tender Offer For Any And All Of Its Outstanding 10.00% Notes Due 2018Capex S.A. announced the acceptance of cash tender offers for approximately 25.56% of its outstanding 10.00% Notes due 2018, with holders receiving U.S.$1,004.17 per U.S.$1,000 principal amount plus accrued interest. The company intends to finance this buyback through the concurrent issuance of U.S.$300 million in new 6.875% Notes due 2024.