Private company
MEXICAN PETROLEUM
In its 2026 annual report (Form 20-F) the company says: “We are the largest company in Mexico in terms of revenue, according to the July 2025 edition of Expansión magazine. Our executive offices are located at Avenida Marina Nacional No. 329, Colonia Verónica Anzures, 11300, Alcaldía Miguel Hildalgo, Ciudad de México, México.”4
Last updated Oct 21, 2026.
Overview
- IndustryCrude Petroleum & Natural Gas1
- HeadquartersO51
- Incorporated inMexico3
- Business addressAvenida Marina Nacional No. 329, Colonia Veronica Anzures, Mexico City, O5 113003
- Filer categoryNon-accelerated filer3
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We are the largest company in Mexico in terms of revenue, according to the July 2025 edition of Expansión magazine. According to the November 18, 2025, issue of Energy Intelligence Top 100: Global NOC & IOC Rankings, we are the ninetieth largest oil and gas company in the world based on 2024 data, taking into account parameters such as oil reserves, natural gas reserves, oil production, natural gas production, refinery distillation capacity and refined product sales.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Selling, general and admin54¢$187.3B
- Interest42¢$144.3B
- Income tax4¢$14.3B
Out of $82.5B in revenue.2 The company lost money this year.
Where each dollar of operating cash went, fiscal 2024
- Capital spending71¢$11.4B
- Kept or used elsewhere29¢$4.6B
Out of $15.9B of cash from operations.2
Financial statements
No quarterly figures reported.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $70.6B5 | $85.4B6 | $74.4B7 | $47.8B8 | $72.7B9 | $122.8B10 | $101.6B11 | $82.5B2 |
| Gross profit | $12.2B5 | $25.6B6 | $9.7B7 | $4.2B8 | $20.8B9 | $31.0B10 | $18.3B11 | $9.1B2 |
| Selling, general and admin | 165.5B MXN11 | 168.1B MXN2 | 182.8B MXN2 | 187.3B MXN2 | ||||
| Operating income | $5.3B5 | $18.7B6 | $2.0B7 | -$3.2B8 | $11.1B9 | $22.9B10 | $7.3B11 | -$788.9M2 |
| Interest | 151.7B MXN11 | 139.5B MXN2 | 141.0B MXN2 | 144.3B MXN2 | ||||
| Income before tax | $610.8M9 | $21.6B10 | $13.5B11 | -$24.2B2 | ||||
| Income tax | $14.9B9 | $16.5B10 | $13.0B11 | $14.3B2 | ||||
| Net income | -$14.2B5 | -$9.2B6 | -$18.5B7 | -$25.5B8 | -$14.3B9 | $5.2B10 | $481.7M11 | -$38.5B2 |
No quarterly figures reported.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash | $5.0B6 | $4.3B7 | $3.0B8 | $1.9B9 | $3.9B10 | $3.8B11 | $3.4B2 | $4.4B2 |
| Inventory | $4.2B9 | $6.5B10 | $6.6B11 | $4.4B2 | ||||
| Current assets | $22.3B9 | $27.2B10 | $31.8B11 | $21.7B2 | ||||
| Property, plant and equipment | $61.9B9 | $70.5B10 | $87.6B11 | $81.4B2 | ||||
| Intangible assets | $972.4M9 | $1.5B10 | $1.2B11 | $843.1M2 | ||||
| Total assets | $107.7B5 | $105.4B6 | $101.8B7 | $96.7B8 | $99.7B9 | $115.7B10 | $136.1B11 | $109.0B2 |
| Short-term debt | $23.9B9 | $24.0B10 | $28.2B11 | $21.0B2 | ||||
| Current liabilities | $44.8B9 | $47.9B10 | $66.4B11 | $59.6B2 | ||||
| Long-term debt | $85.4B9 | $83.7B10 | $77.8B11 | $76.6B2 | ||||
| Long-term liabilities | $160.3B9 | $158.9B10 | $167.4B11 | $147.3B2 | ||||
| Total liabilities | $183.7B5 | $179.6B6 | $207.8B7 | $217.2B8 | $205.1B9 | $206.8B10 | $233.8B11 | $206.9B2 |
| Retained earnings | -$132.3B9 | -$155.5B10 | -$172.4B11 | -$143.5B2 | ||||
| Shareholders’ equity | -$75.9B5 | -$74.1B6 | -$106.0B7 | -$120.5B8 | -$105.4B9 | -$91.1B10 | -$97.7B11 | -$97.9B2 |
| Shares outstanding | 0 shares5 | 0 shares6 | 0 shares7 | 0 shares8 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $3.2B5 | $7.2B6 | $4.5B7 | $3.3B8 | $9.2B9 | $18.4B10 | $18.4B11 | $15.9B2 |
| Depreciation and amortization | 133.4B MXN11 | 139.8B MXN2 | 137.6B MXN2 | 146.9B MXN2 | ||||
| Capital spending | $4.6B5 | $4.8B6 | $5.8B7 | $5.8B8 | $10.2B9 | $15.7B10 | $15.2B11 | $11.4B2 |
| Free cash flow | -$1.4B | $2.4B | -$1.3B | -$2.5B | -$989.0M | $2.6B | $3.3B | $4.6B |
| Cash from investing | -$12.7B9 | -$19.2B10 | -$15.8B11 | -$13.4B2 | ||||
| Cash from financing | $4.8B9 | $576.3M10 | -$1.7B11 | -$2.9B2 |
What it owns
What MEXICAN PETROLEUM reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $81.4B2 Dec 31, 2024 | $87.6B11 Dec 31, 2023 | −7.0% |
| Operating-lease assets (leased space) | $2.1B2 Dec 31, 2024 | $2.6B11 Dec 31, 2023 | −18.9% |
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $843.1M2 Dec 31, 2024 | $1.2B11 Dec 31, 2023 | −29.9% |
Inventory
Filings
87 filings to the SEC since October 2021: 7 annual reports, 80 other. The latest 20:
- Sep 25, 2026SD EDGAR
- Sep 8, 20266-K EDGAR
- Aug 25, 20266-K EDGAR
- Jul 23, 202620-F/A EDGAR
- Jul 13, 202620-F/A EDGAR
- Jun 22, 20266-K EDGAR
- Jun 15, 20266-K EDGAR
- Jun 15, 20266-K EDGAR
- Apr 30, 202620-F EDGAR
- Mar 25, 20266-K EDGAR
- Dec 15, 20256-K EDGAR
- Nov 12, 20256-K EDGAR
- Oct 30, 20256-K EDGAR
- Oct 3, 20256-K EDGAR
- Sep 26, 2025SD EDGAR
- Sep 26, 20256-K EDGAR
- Sep 2, 20256-K EDGAR
- Sep 2, 20256-K EDGAR
- Aug 18, 20256-K EDGAR
- Jun 23, 20256-K EDGAR
The 87 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How MEXICAN PETROLEUM is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARMEXICAN PETROLEUM1
- CIK0000932782
- Filer statusNon-accelerated filer not an emerging growth company; not a shell company4
- Incorporated inUnited Mexican States4
- Fiscal year endsDecember 311
- Industry code (SIC)1311 Crude Petroleum & Natural Gas1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business addressAvenida Marina Nacional No. 329, Colonia Veronica Anzures, Mexico City, O5 113001
- Phone5255-1944-25001
- AuditorKPMG Cárdenas Dosal, S.C., Mexico City, Mexico PCAOB ID 1141; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceJul 1, 20021
- Filings561 in all: 6-K (337), CORRESP (55), UPLOAD (30), 424B3 (28), 20-F (25), F-4 (23), EFFECT (17), F-4/A (17)1
All 14 form types
20-F/A (10), 6-K/A (8), NT 20-F (5), SD (3), F-4 POS (2), 39-304D (1)
- Latest filingsAnnual report (20-F) Apr 30, 2026
Sources
The numbers on this page point here. Each one links to the record it came from.
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