Pemex Set to Hit 2017 Oil Production Output Goal

The video discusses the impact of a recent earthquake on operations, noting that while there were no structural damages, power generators need to be restored, which will take two to three weeks. It also covers crude output, highlighting maintenance and weather challenges, but affirms the goal of meeting the yearly target of 1,944,000 barrels per day. Financially, the company has met its needs through 2018 but may return to the market to improve debt profiles if opportunities arise.

What was the main operational challenge faced by Pemex due to the earthquake?

• Loss of crude oil reserves

• Power generators needing restoration

• Process disruptions

• Structural damage to facilities

Despite maintenance and weather challenges, what is Pemex's crude production target for the year?

• 1,944,000 barrels per day

• 2,000,000 barrels per day

• 1,800,000 barrels per day

• 1,500,000 barrels per day

What external factor has made traffic within the Gulf difficult for Pemex?

• Floods

• Hurricanes

• Tornadoes

• Earthquake

What has Pemex accomplished regarding its financial needs for the upcoming years?

• Secured financing needs through 2018

• Secured financing needs through 2020

• Secured financing needs through 2017

• Secured financing needs through 2019

Why might Pemex return to the financial markets despite having met its financing needs?

• To increase crude production

• To improve debt profile

• To expand operations

• To hire more staff