What was Pemex's Q2 net profit, and how does it compare to its revenue and EBITDA for the same period?

Pemex reported a Q2 net profit of 18.02 billion pesos ($1.03 billion), with total revenues of 510.44 billion pesos and EBITDA of 144.23 billion pesos for the April-to-June period.

How did Pemex's crude oil and condensate production in Q2 compare to the Mexican government's target, and what factors are affecting output growth?

Pemex produced 1.66 million barrels per day (bpd) of crude oil and condensate in Q2—short of the government's 1.8 million bpd target—due to challenges in boosting output from mature fields and delays in bringing new projects online, despite the administration's adoption of mixed-development contracts.

Mexico's Pemex reports Q2 net profit of $1.03 billion

Jul 31, 2026

Mexican state energy firm Pemex reported a $1.03 billion second-quarter net profit, though crude production remained below government targets at 1.66 million barrels per day. Financial debt stood at $77.5 billion as the company prioritizes domestic refining.

reuters

2026-07-31

Mexico's Pemex reports Q2 net profit of $1.03 billion

2026-10-30

Pemex Posts $573 Million Loss Even as Oil Prices Have Surged

Mexico's Pemex reports Q2 net profit of $1.03 billion

FAQ