Pemex Reports Major Q1 Loss, Worst Start Since 2020 Despite Debt Reduction
Mexico's state-owned oil company, Pemex, reported losses of 45.992 billion pesos in the first quarter of 2025, marking its worst start to the year since 2020. This was driven by lower sales and higher asset impairment, among other factors. Despite the significant losses, Pemex successfully reduced its colossal debt to $79.037 billion, its lowest level since 2014.
Pemex destacó que a pesar de este reporte, sí logró una meta importante en el primer trimestre: La reducción de su colosal deuda. <p><a href="https://www.elfinanciero.com.mx/opinion/alejo-sanchez-cano/2026/04/21/pemex-se-diluye-en-las-manos-de-la-4t/" rel="noreferrer" target="_blank" title="https://www.elfinanciero.com.mx/opinion/alejo-sanchez-cano/2026/04/21/pemex-se-diluye-en-las-manos-de-la-4t/">Petróleos Mexicanos (Pemex)</a> reportó <b>pérdidas por 45 mil 992 millones de pesos</b> durante e...