Pemex Posts Nearly $18 Bln Q4 Loss

February 26, 2018

World Energy Reports LLC.
Mexican state-owned oil company Pemex made a 352.3 billion ($17.9 bln) peso loss in the fourth quarter of 2017, the company reported on Monday, blaming a volatile exchange rate and higher financing costs for its performance.
Revenue at the company officially known as Petroleos Mexicanos during the October-December period was 402.5 billion pesos ($20.5 bln), according to a filing to the Mexican stock exchange.
($1 = 19.6595 pesos on Dec. 29)

(Reporting by David Alire Garcia; Editing by Frank Jack Daniel)

Floating Production Week delivers unrivaled overview, insight and analysis to the Offshore Floating Production Systems and Technology market

Floating Production Systems Report And Online Database

  • Monthly reports -- Our monthly reports provide a detailed snapshot of the business sector as of the middle of each month. More than 80 pages of data and industry analysis each month. Excel spreadsheets with each report enable subscribers to tailor the data presentation to their needs. In October of each year we provide a detailed five year forecast of production floater orders. In March of each year we fine tune the forecast and make revisions as needed.
  • Online database -- The online database is updated every day – with information direct from primary sources. In the database are details for 240 planned projects, 370 installations in service, 70+ floaters on order and 20+ floaters available. The database is fully searchable. Customized charts and spreadsheets can be directly produced from the database.
  • Customer support -- We are available to assist with technical questions about information in the database and reports -- and assist with any questions about using the database search tools.

Here's what you get!

Request Free Trial