Quarterly results reported Wednesday by Pemex could prompt the state company to offer sales or mortgages of valuable assets, including major pipelines and deepwater upstream rights, analysts said. Crude production in the third quarter stood at 2.266 million b/d, down 5.5% from 2.398 million b/d in the same period last year, Pemex said in a report to the Mexico Stock Exchange. The company registered a net loss of 167.7 billion Mexican pesos (about $10 billion), almost three times as much as the 59 billion pesos it lost in last year’s third quarter. Pemex pointed out that its crude export earnings were slashed as the price of its oil dropped to $42.75/b from $90.40/b over the period. “The results may be shocking but they hardly come as a surprise,” said Arturo Carranza of the Mexico City-based Solana consultancy. “These sort of negative results have been going on for two years […]