Petróleos Mexicanos (Pemex) reported a net gain of 59,521 million pesos (3,172 million dollars) on the second quarter it attributed to a decrease in the cost of sales and lower taxes.
The result is compared to a loss of 273,315 million pesos in the same period of 2024.
The total income of the state oil company, one of the largest companies in Mexico, decreased by 4.4% year -on -year, to 391,621 million pesos.
The financial debt was 98,800 million dollars compared to 101,1 billion dollars in which it was in the previous quarter, due to a stronger Mexican peso in the period.
The government has long made capital injections to Pemex to help you pay debt amortizations. In the second quarter, these contributions added 94.5 billion pesos, the company said in its report.
The production of crude and condensate continued with an unfavorable performance and fell 8.6% in the period, to 1.63 million barrels per day (BPD), before the decline of the once fruitful fructifers Maloob and Zaap marine fields, as well as the Quesqui and deep tupilco terrestrial fields, two of the deposits to which the previous government bet.
The production of natural gas, of which Mexico is highly deficient, averaged 3.592 million cubic feet daily (MMPCD), a reduction of 3.7%, compared to the same period last year, Pemex said.
Regarding the crude oil process, Pemex said he averaged 987,000 BPD, a 10.9% rise compared to the second quarter of last year, driven by the “operational continuity” of the National Refining System and the operation of two trains of the new Olmeca refinery, in the southern Tabasco state.
With Reuters information.
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