Pemex Q2 Net Profit Plunges 70% Despite Debt Reduction

Mexican state oil company Pemex reported a significant 69.7% decline in net profit for the second quarter of 2025, reaching 18.02 billion pesos (US $1.04 billion), despite efforts to reduce its debt.

3 Aug, 23:29 — 3 Aug, 23:29

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Mexico NewsMixed1h ago

Pemex net profit plunges 70% in Q2 despite debt reduction

In a filing with the Mexican Stock Exchange on Friday, Pemex reported a net profit of 18.02 billion pesos (US $1.04 billion) between April and June, a decline of 69.7% compared to the second quarter of 2025. The post Pemex net profit plunges 70% in Q2 despite debt reduction appeared first on Mexico News Daily

By MND Staff

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Pemex Q2 Net Profit Plunges 70% Despite Debt Reduction

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Pemex net profit plunges 70% in Q2 despite debt reduction

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