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  • Previous Rank47
  • Revenues ($M)$73,514
  • Revenue Percent Change-38.3%
  • Profits ($M)$-44,904
  • Profits Percent Change-
  • Assets ($M)$102,830
  • Employees130,447

Mexico’s oil giant tumbled 51 spots on the Global 500 as production continued to decline, global crude prices tumbled, and the company’s 2015 revenues dropped 38% to $73.5 billion. Pemex also recorded its biggest ever loss of $45 billion last year. The company’s new CEO José Antonio González Anaya took helm in February and is charged with turning the company around, but a reduced taxes and a $4.2 billion bailout from the Mexican government in April 2016 are a drop in the bucket–the company will also have to cut $5.8 billion in costs this year.

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Company Information

CEO
José Antonio González Anaya
Sector
Energy
Industry
Mining, Crude-Oil Production
HQ Location
Mexico City, Mexico
Employees130,447
Websitehttp://www.pemex.com
Years on Global 500 List22
Figures prepared in accordance with International Accounting Standards. Government owned 50% or more.

Pemex Rank History

Key Financials (last fiscal year)

($ Millions)% change
Revenues ($M)$73,514-38.3%
Profits ($M)$-44,904-
Assets ($M)$102,830-
Total Stockholder Equity ($M)$-77,133-

Profit Ratios

Profit as % of Revenues-61.1%
Profits as % of Assets-43.7%
Profits as % of Stockholder Equity-