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Home > Company Index > Energy > Integrated Oil & Gas > Petróleos Mexicanos

Petróleos Mexicanos
 PROFILE
Petróleos Mexicanos (PEMEX) not only fuels Mexico's automobile engines, the state-owned oil company also fuels the nation's economy, accounting for one-third of the Mexican government's revenues and 7% of its export earnings. The integrated company's operations, spread throughout Mexico, range from exploration and production to refining and petrochemicals. PEMEX's P.M.I. Comercio Internacional subsidiary manages the company's trading operations outside the country. Mexico's vast oil and gas resources include proved oil reserves of 28.4 billion barrels of oil equivalent.

 COMPETITION
Exxon Mobil Corporation (XOM)
Petróleos de Venezuela S.A. (dossier)
Royal Dutch/Shell Group (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 24,400.10
1-Yr. Sales Growth: 16.8%
Employees: 131,433
Revenue per employee: $185,646.68

 KEY PEOPLE
• Raúl Muñoz Leos
    CEO
• Juan M. Romero Ortega
    CFO

 CONTACT INFO
Marina Nacional 329, Colonia Huasteca
11311 México, D.F., Mexico
Phone: 52-5-531-6061
Fax: 52-5-531-6321
Online: Web Site

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