US EditionPemex's Low Financial Debt at 98,800 Mdd
12 Articles
12 Articles
Mexican Oils (Pemex) gained profits in the second quarter, a positive signal for the state oil company in trouble while the administration of President Claudia Sheinbaum seeks to raise up to $10 billion to pay the company's huge debts.Pemex recorded a net profit of 59,520 million pesos ($3.2 billion) in the second quarter.It was the first positive result in more than a year for the company, which reported losses of approximately 30 billion dolla…
At the end of the second quarter, the financial debt of Petróleos Mexicanos (Pemex) totaled a billion 866 billion pesos, equivalent to 98 billion dollars, according to the financial report of the company sent to the Mexican Stock Exchange (BMV). This represents a reduction of 5.7 percent compared to the same period last year, according to the oil company. Meanwhile, the debt to suppliers of the parastatal to June was 430 billion pesos, the repor…
By Common Sense Writing. At the end of the second quarter of 2025, Mexican Petroleum (Pemex) reported a financial debt of one billion 866 billion pesos (equivalent to 98 billion dollars), representing a decrease of 5.7 percent compared to the same period of the previous year, according to its report sent to the Mexican Stock Exchange (BMV). However, the debt with suppliers showed a significant increase: it amounted to 430 thousand 540 million pe…
CITY OF MEXICO.— Mexican Oils (Pemex) obtained profits in the second quarter of 2025, a positive signal for the state oil company. The parastatal registered a net profit of 59.5 billion pesos (about 3 billion dollars). It was the first positive result in more than a year for Pemex. In addition, this gain contrasted with a net loss of 273.329 million pesos in the same period of 2024. “This variation is mainly explained by a foreign exchange profi…
Positive results after a year of lossesMexican oil (Pemex) reported a net profit of 59,516 million pesos in the second quarter of 2025, equivalent to 3,200 million dollars.This figure marks its first gain in more than a year, contrasting with losses of 273 billion pesos recorded in the same period of 2024.The result is attributed mainly to the appreciation of the peso against the dollar, as well as to lower financial and fiscal costs.Stablet in …
Reading time approx.: 1 minutes, 30 secondsMexican oil ( Pemex ) released its operational and financial results corresponding to the second quarter of 2025, in which it highlighted the stability in the production of liquid hydrocarbons and a general improvement in its key indicators. During this period, Pemex reported that the production of liquid hydrocarbons, which includes that corresponding to partners, averaged 1.63 million barrels per day …
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