In accordance with Petroleos Mexicanos (Pemex) during the first quarter of 2023 earned more than 3 thousand 134 million dollars, equivalent to 56 thousand 736 million pesos; 53.7 percent less than in the same period of 2022.

The general director of Pemex, Octavio Romero Oropeza, attributed the results to the stability of the oil pricesa “favorable” environment, the increase in crude oil extraction.

He also stated that the positive figure This compares with earnings of 122 thousand 494 million pesos (about 6 thousand 767.6 million dollars) in the same period of 2022, when the state oil company benefited from the rise in prices. crude oil prices.

How much did Pemex earn in the first quarter of 2023?

Pemex made profits in the first quarter of 2023

In relation to the year-on-year decrease, the official pointed out that this is 19.1 percent in total income from sales and services from January to last March, when they totaled 23 thousand 112 million dollars (418 thousand 439 million pesos).

Regarding total sales, it was revealed that they reached a value of 9 thousand 698 million dollars (175 thousand 579 million pesos), while national sales decreased by 4.5 percent to 13 thousand 384 million dollars (242 thousand 315 million pesos).

The yield or gross profit fell 64.3 percent to 4 thousand 105 million dollars (74 thousand 319 million dollars).

The oil company specified that the yield before taxes and duties (ebitda) plummeted 42.1 percent, to 7.1 billion dollars (128.541 billion pesos).

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On the subject of crude oil production, the director of Pemex reported a 5.9 percent year-on-year increase in crude oil production, which reached an average of 1.85 million barrels per day (Mbd) in the first three months of 2023 compared to the average of 1.75 million in the first period of 2022.

Likewise, the production of natural gas rose by 6 percent, reaching 4 thousand 917 million cubic feet per day.

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