Preliminary Results at March 31, 2020 Sonda de Campeche
Complejo Procesador de Gas Ciudad Pemex
1Q20 Liquid Hydrocarbons Production Liquid Hydrocarbons Production (including partners)1 2018-2020 (Mbd) Production of liquid hydrocarbons increased 1,899 1,869 1,829 compared to 1Q19 1,738 1,690 1,690 1,712 1,712 1,759…
1Q20 PEMEXs Production Liquid Hydrocarbons Production (without partners)1 2018-2020 (Mbd) 1,893 1,860 1,816 1,723 1,675 1,673 1,694 1,693 1,739 Production -1.8% -2.3% -5.1% -2.8% 0.1% +1.2% 0.07% 2.7% Variation Considering…
1Q20 Crude Oil Processing Crude Oil Processing, 2018-2020 Thousand barrels per day (Mdb) 705 640 657 597 595 559 557 542 505 Crude oil processing at the National Refining System decreased due to the rehabilitation works…
1Q20 Gasoline and Diesel Production Gasoline Production1 Thousand barrels per day (Mbd) 243 219 211 218 192 174 192 193 173 Due to the fact that rehabilitation works continued during 1Q20, the production of high yield refined…
1Q20 Purchases for Resale Purchases for Resale MXN billion 115.9 104.1 Purchases for resale decreased by 10.2%, as compared to 1Q19 1Q19 1Q20 7
Mexican Mix Export Price Mexican Mix Export Price (MME) In 1Q20, the average price USD/b of the Mexican export mix was 15.6 per barrel below the 1Q19 average 61.9 60.3 56.8 59.0 56.8 57.8 55.1 This decrease in the price 53.8…
1Q20 Total Crude Oil Exports Total Crude Oil Exports Thousand barrels per day (Mbd) 2019 1,600 2020 1,400 Mbd 1,200 1,000 800 600 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Variation 189 -382 --6 (mbd)…
MXN Depreciation Generated an Atypical High Foreign Exchange Loss (non-cash variable) The Mexican peso depreciated against the US dollar by 24.8% from MXN 18.8452 in December 2019 to MXN 23.5122 in March 2020. Therefore, there is a…
1Q20 Financial Highlights MXN billion 1Q19 4Q191 1Q20 1 Sales 356.2 318.5 284.1 2 Cost of sales 256.6 320.3 243.0 3 Impairment (reversal) 5.1 104.7 -26.3 4 Gross Income 94.4 -106.5 67.3 Distribution and administrative 5 37.7 37.4…
EBITDA & EBITDA Margin EBITDA1 Margen EBITDA1 MXN million % 69,246 21.7 18.7 53,009 4T19 1T20 4T19 1T20 As with the entire O&G industry, the low crude oil prices in March significantly affected the profitability levels of…
1Q20 Tax Contribution Payments During the first quarter of 2020, PEMEX paid a total of MXN 167,773 million in fiscal contributions as a result of its substantial activity.1 If we add to this amount the entire amount of tax withholdings…
General Expenses at 1T20 Distribution, transportation and sales expenses Administrative expenses MXN billion MXN billion 34.9 5.5 32.2 3.3 1Q19 1Q20 1Q19 1Q20 14
Measures to mitigate the effects of lower oil prices and low fuels demand 15
Measures to mitigate the effects of lower oil prices and low fuels demand Since mid-February, Petrleos Mexicanos activated a protocol to protect its finances in the face of a low oil price scenario It should be noted that the…
Federal Government Support in 2020 PEMEX has the support of the Federal Government to strengthen its financial position during 2020 through various support measures: Concept MXN million Observations Profit Sharing Duty rate…
Decree to Reduce Duties Payment On April 21, the Executive published the Decree granting a fiscal incentive for the payment of the Profit-Sharing Duty (DUC, for its Spanish acronym) during 2020 The incentive consists of a tax credit…
Measures to mitigate the effects of lower oil prices and low fuels demand The geopolitical situation that has impacted the prices of the Mexican crude oil mix, as well as the lower export volumes and the drop in domestic demand for…
Measures to mitigate the effects of lower oil prices and low fuels demand Petrleos Mexicanos estimates that it will receive MXN 7,540 million for the oil hedge contracted for 2020 Another factor that will have an impact on our cost…
Instruments available to alleviate the effects of the drop in crude oil prices 1. Access to available committed credit lines of nearly USD 6 billion 2. Reduction of MXN 45.5 billion to 2020 investment budget 3. Additional tax…
Net Indebtedness 2020 MXN billion Approved net Net indebtedness goal indebtedness 2020 for 2020 Financing 176.0 141.0 Amortizations 141.0 141.0 Net Indebtedness 35.0 0 Annual net indebtedness and net indebtedness goal The…
Pozo Chejekbal 1, Tabasco
Liquid Hydrocarbons Production Increased Liquids Quarterly Production Heavy Light Extra-light Condensates Mbd Crude Oil Production 1,674 1,673 1,694 1,693 1,739 1Q20 1% 1% 2% 8% 2% 7% 1% 8% 1,600 8% 8% 28% 27% 28% 28% 27% 19%…
The increase in production was due to the incorporation of new developments and the early production of new fields, at the end of March there was an increase of 46 Mbd 60 Deferred production of the new fields is due to: Delay in the…
Natural Gas Production Remains Stable Natural Gas Production1 MMcfd Natural Gas Production 4,000 3,668 3,637 3,685 3,767 3,738 1Q20 25% 25% 26% 25% 25% 3,000 2,000 46% 54% 75% 75% 74% 75% 75% 1,000 0 1Q19 2Q19 3Q19 4Q19 1Q20…
Gas Processing and Production Wet Gas Processing Sweet Wet Gas MMcfd 2,780 2,753 2,889 2,881 2,826 Sour Wet Gas 2,800 430 420 417 455 446 2,100 1,400 2,360 2,336 2,458 2,427 2,380 700 - 1Q19 2Q19 3Q19 4Q19 1Q20 Dry Gas and Gas…
Petrochemicals Production Production of petrochemicals Thousand tons (Mt) 600 Other*1 510 Carbon black 500 478 453 54 46 423 Sulfur 50 73 402 400 56 49 53 43 Propylene and 99 43 57 Derivatives 93 300 92 Aromatics and 39…
Industrial Safety Performance Frequency index Severity Index Accident with disabling injuries/ MMhh Total number of days lost/ MMhh 0.6 30 25 0.5 25 20 0.4 20 0.35 15 0.3 0.27 15 0.21 0.19 0.2 10 0.13 7 5 0.1 5 0.0 - 1Q19 2Q19…
Centro de Proceso Akal-C
Centro de Proceso Akal-C
Questions and Answers Alberto Velzquez Chief Financial Officer Francisco Flamenco Acting General Director at Pemex Exploration and Production Reinaldo Wences Deputy Director of Evaluation and Regulatory Compliance at…
Investor Relations (+52 55) 9126-2940 ripemex.com www.pemex.com/en/investors Sonda de Campeche
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