Overview
- CFE, which reported to the Mexican stock exchange on Wednesday, recorded a 402 million peso net loss for the first quarter of 2026 due to exchange-rate effects on foreign-currency obligations.
- Operations strengthened in the quarter with 159,659 million pesos in revenue, 32,761 million in operating profit, and 55,843 million of EBITDA for a 35% margin.
- Total costs fell 15.9% as spending on fuels dropped 33.2% thanks to cheaper North American natural gas.
- Total financial debt stood at 489,283 million pesos, down 7.1% from a year earlier, though EL CEO noted it remains among the highest first‑quarter levels since 2018.
- As context, audited 2025 results showed record revenue of 681,999 million pesos and net income of 130,740 million, even as a 34.8% jump in gas prices pushed up fourth‑quarter operating costs.