Petroleos Mexicanos posted a 345.5 billion peso ($18.3 billion) loss for 2019 on...
MEXICO CITY - Petroleos Mexicanos posted a 345.5 billion peso loss for 2019 on Thursday, nearly doubling the previous year’s loss and dealing a major blow to the Mexican president’s quest to revive the heavily-indebted state oil company.
The company’s revenue during the October-December period totaled 320 billion pesos, a decline of around a fifth compared to the same three-month period in 2018, according to a statement Pemex filed with the Mexican stock exchange. The Mexican oil giant’s total financial debt stood at $105.2 billion pesos last year, down 0.6% compared to $105.8 billion in red ink posted at the end of 2018.
Only three of the 20 priority projects selected last year reported crude production as of December, according to data from Mexican oil regulator CNH.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Revolve Closes 2019 With Strong Sales and Profits as Coronavirus LoomsThe e-commerce brand targeting Gen Z shoppers endeared itself to Wall Street as the global outbreak starts to delay some supply shipments.
Les mer »
The 9 Trends Dominating 2020 (And the 2 We're Leaving Behind in 2019)Read on for their insight for the styles to stock up on, plus the two trends they're leaving behind the last decade, here.f
Les mer »
RIAA Study Shows 2019 Music Revenue Increased 13%, Subscription Income Up 25%A study just released by the RIAA shows bad and worse news for sectors of the recorded music business like physical media sales and digital downloads … but better and better news for streamin…
Les mer »
Ryman Hospitality's Revenue From Country Music Properties Jumped 24% in 2019The Grand Ole Opry owner's bet on the country lifestyle is paying off, even though global fears of an uncontained coronavirus is hammering its stock.
Les mer »