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February 06, 2016 9:05 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Petroleos Mexicanos S.A. de C.V.

Company Overview

Petroleos Mexicanos S.A. de C.V. explores, exploits, refines, transports, stores, distributes, and markets crude oil, natural gas, and derivatives of petroleum and natural gas in Mexico. It operates through Exploration and Production; Refining; Gas and Basic Petrochemicals; Petrochemicals; and International Trading segments. The Exploration and Production segment explores and produces crude oil and natural gas, primarily in the northeastern and southeastern regions of Mexico and offshore in the Gulf of Mexico. The Refining segment converts crude oil into gasoline, jet fuel, diesel, fuel oil, asphalts, and lubricants; and distributes and markets these products in Mexico. The Gas and Basic Pet...

Avenida Marina Nacional No. 329

Colonia Petróleos Mexicanos

Mexico City, DF 11311


Founded in 1938

142,976 Employees


52 55 1 944 2500


52 55 1 944 8005

Key Executives for Petroleos Mexicanos S.A. de C.V.

Chief Executive Officer, Director General, Chairman of the Board of Pemex-Exploration & Production, Chairman of The Board of Pemex-Refining, Chairman of The Board of Pemex-Gas & Basic Petrochemicals and Chairman of The Board of Pemex-Petrochemicals
Age: 41
Chief Financial Officer and Corporate Director of Finance
Age: 51
Corporate Director of Operations
Age: 50
Director General of Pemex-Gas and Basic Petrochemicals
Age: 59
Director General of Pemex-Refining
Age: 69
Compensation as of Fiscal Year 2015.

Petroleos Mexicanos S.A. de C.V. Key Developments

Mexico's Government Mulls Funding For Petroleos Mexicanos

Mexico's government is seeking funding for Petroleos Mexicanos S.A. de C.V. Mexico's government is considering several options to strengthen the finances of Petroleos Mexicanos, including a possible injection of new capital into the company, Finance Minister Luis Videgaray said on week ending on January 29, 2016.

Petroleos Mexicanos S.A. de C.V. Is Seeking Partners

Pemex is seeking private partners to improve margins at its refineries and logistical services, a top company executive said. Alejandro Martinez, head of the Industrial Transformation division, said Pemex is evaluating the monetization of existing assets by selling them and then leasing them back.

Petroleos Mexicanos Announces Unaudited Consolidated Earnings Results for the Nine Months Ended September 30, 2015

Petroleos Mexicanos announced unaudited consolidated earnings results for the nine months ended September 30, 2015. For the period, the company reported operating income was MXN 145,231 million compared to MXN 522,345 million a year ago. Loss before taxes, duties and other was MXN 52,599 million compared to income of MXN 477,106 million a year ago. Net cash flows used in operating activities was MXN 22,699 million compared to net cash generated from operating activities of MXN 55,212 million a year ago. Acquisition of wells, pipelines, properties, plant and equipment was MXN 144,787,241 compared to MXN 152,730,430 a year ago.

Recent Private Companies Transactions

October 29, 2015
Petroleos Mexicanos, National Gas Pipeline System and Naco-Hermosillo
July 31, 2015
Gasoductos de Chihuahua, S. de R.L. de C.V.

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