Overview
Pemex, the state oil and gas company, heads the 2026 edition of Expansión’s ranking with 2025 sales of MXN 1,528,538.8 million, about 1.53 trillion pesos.[1] It is also heavily indebted: according to figures cited from Expansión, its financial liabilities were MXN 1.98 trillion at the end of 2024 and its total liabilities MXN 4.11 trillion, and it reported a net loss of MXN 45,201.6 million for 2025.[1] Fortune, which ranks Pemex 169th in its 2026 Global 500, records 126,905 employees and notes that it is government-owned at 50% or more.[2][3]
Pemex (Petróleos Mexicanos) strengths and limitations
Strengths
- Large domestic production and refining base
- 126,905 employees
Limitations
- Loss of US$4,252m in 2025
- Revenue fell 12.9% in 2025
Appears in
Pemex (Petróleos Mexicanos) peers and competitors
Companies ranked in the same lists as Pemex (Petróleos Mexicanos).
- Walmart de México y Centroamérica (Walmex)
Phillips 66- Orlen
- PTT
Energy Transfer
SK Inc.- Petrobras
- Indian Oil Corporation
Eni- Rosneft
- Equinor ASA
- Gazprom
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