Petróleos Mexicanos recorded a net loss of 38763 million pesos for the January to September 2026 period. Mexican crude averaged $81.4 per barrel over the window, 30.5% higher year over year.

Pemex processed 1.143 million barrels of crude daily at its national refining system during the third quarter. This volume is the highest recorded since 2014.

Total financial debt for the company stood at 77.6 billion US dollars as of 30 September 2026. This marks an 8.9% reduction from end 2025 levels.

Finamex analysts have concluded that Pemex and CFE remain structurally dependent on Mexican federal fiscal support despite observed balance sheet improvements.