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Pemex Cut Debt to 'Appropriate' Level: FinMin - LatinFinance

Summary by latinfinance.com
Mexican finance minister reportedly rules out using pre-capitalized notes again to support the oil company in future

6 Articles

Center

Pemex’s debt to its suppliers is increasing this year. The liabilities that the oil company has with its contractors and service providers were located at the end of September at 414,217.7 million pesos, 39, 883.8 million pesos more than at the end of the second quarter, the financial reports presented by the company to the Mexican Stock Exchange (BMV). This means that the debt to suppliers grew 10,65 percent from one quarter to another, the doc…

Left

Petróleos Mexicanos (Pemex) has received 136 billion pesos in federal government transfers as of September to pay down debt, slightly more than half of the resources budgeted for the year. Beyond the planned capital injections for 2027, the most important part of the financial strategy surrounding the state-owned oil company “has been completed,” assured Édgar Amador Zamora, Secretary of Finance and Public Credit.

·Mexico
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Lean Right

The results of Petróleos Mexicanos (Pemex) in the third quarter of 2026 show financial advances that contrast with challenges still outstanding in production and liquidity, but unlike other months, the company led by Juan Carlos Carpio Fragoso reduced its losses and debt.Of course, pressure persists on its chain of suppliers, but mainly dues of 2024 are being reviewed, since it was detected that companies with which they operate had included inv…

·Mexico
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Pemex's debt to contractors and suppliers increased 39 thousand 883.8 million pesos during the third quarter, reaching 414 thousand 217.7 million pesos at the end of September.

Although Pemex highlights the advances in payment to its suppliers, specialists and entrepreneurs warn about the effects that non-payments bring for companies. Pemex's publication Debt with suppliers almost quadrupled since the start of the 4T appeared first in the CEO.

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El CEO broke the news on Monday, November 2, 2026.
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