Pemex ventures into US gas stations market
Pemex incursiona en el mercado de gasolineras en Estados Unidos
Intel ID : 231947
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Pemex, a Mexican oil company, announced its entry in United States gas stations market, as reported by the company through a press release on 3 December 2015. The first stage of this deal, began with the opening of five gas stations in Houston, Texas. Specifically, it was carried out through Pemex's franchise business, with investment from third parties; the owners these stations and who determine the fuel retail prices, according to the market conditions in the state.
(content in spanish)
Pemex, petrolera estatal mexicana, ha anunciado su ingreso al mercado gasolinero en Estados Unidos, según ha informado la propia compañía en una nota de prensa publicada por la firma el 3 de diciembre de 2015. La primera etapa de este negocio ha iniciado con la apertura de cinco estaciones de servicio en la ciudad de Houston, Texas. En concreto, el negocio se ha realizado por medio de la franquicia Pemex con inversión de terceros, quienes son los propietarios de dichas estaciones de servicio y determinan los precios de venta al público de los combustibles, de acuerdo con las condiciones de mercado en el Estado. |
Relevant Documents
| Press Release | 03 Dec 2015 | Pemex_Press_Release_2015.pdf | ES |
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| Intel ID | 231947 | |
| Value | ND | |
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US Dollar (USD)
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Financial Data - Pemex
(31 Dec 2015) |
Revenue: EUR 619.334,99m EBITDA: EUR 10.922.200,79m Exchange Rate:
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20.02.02 Multiline Oil & Gas 20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.