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  • Rank47
  • Previous Rank36
  • CEO
    Emilio Ricardo Lozoya Austin
  • Address
    Av. Marina Nacional 329, Mexico City 11311
  • Websitehttp://www.pemex.com
  • Industry
    Mining, Crude-Oil Production

Anemic crude oil prices sent the Mexican state-owned petroleum behemoth tumbling down the Global 500. Pemex continues to rack up massive losses. It added more than $17 billion to its already large debt load last year after posting a $13 billion loss the previous year. Meanwhile, after years of declining oil production, Mexico’s recent move to open up its energy industry to outside investment has forced Pemex to undergo a restructuring to become more nimble and better compete with an influx of private rivals.

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Company Information

CEO
Emilio Ricardo Lozoya Austin
Industry
Mining, Crude-Oil Production
Sector
Energy
HQ Location
Mexico City, Mexico
Websitehttp://www.pemex.com
Years on List21
Figures prepared in accordance with International Accounting Standards. Government owned 50% or more.

Key Financials (last fiscal year)

($ Millions)% change
Revenues119,238.7-5.3%
Profits-19,929.4-
Assets144,414.6-
Employees144,927-

Profits as a % of

Profit as % of Revenues-16.7%
Profits as % of Assets-13.8%
Profits as % of Stockholder Equity-