|Bid||57.63 x 10000|
|Ask||57.69 x 267000|
|Day's Range||56.86 - 58.31|
|52 Week Range||42.81 - 67.34|
|PE Ratio (TTM)||453.94|
|Dividend & Yield||0.03 (0.90%)|
|1y Target Est||N/A|
U.S. energy company Chevron Corp and trading firm Glencore on Thursday announced separate plans to enter Mexico's fuel market, as the long-hidebound sector begins to attract major foreign players. Glencore expects to start importing fuel for Mexico's domestic market in February 2018 through its own terminal in the southern state of Tabasco, according to Alex Beard, the head of the firm's oil division.
Profit at Mexican mining, rail and infrastructure company Grupo Mexico rose by 60 percent in the second quarter, lifted by lower taxes and higher sales, results published by the company showed on Thursday. Net profit at the company jumped to $557 million from $348 million in the second quarter of last year, the company said in a filing to the Mexican stock exchange. Revenues at Grupo Mexico rose to $2.25 billion in the April-June period from $2.09 billion in the same quarter a year earlier, an increase of 7.7 percent.
Mexican conglomerate Alfa on Wednesday posted a 68 percent year-on-year surge in net profit for the second quarter, citing increased sales and a more favorable exchange rate. The company, which manufactures car parts, petrochemicals and other products, said in a report to Mexico's bourse that it earned 1.37 billion pesos ($75.6 million) in net profit over the three-month period. In recent quarters, Alfa's results have been undercut by the peso currency's volatility.