MEOH - Earnings announcements

Except where otherwise noted, all currency amounts are stated in United States dollars. Financial and Operational Highlights Production in the fourth quarter was 2,364,000 tonnes of methanol compared to 2,212,000 tonnes in the third quarter of 2025.Continued to progress the acquisition integration plan with a focus on safe and reliable operations, ending 2025 with the best two-year safety record in Methanex history.Achieved an average realized price in the fourth quarter of $331 per tonne compared to $345 per tonne in the third quarter of 2025. For the fourth quarter of 2025, Adjusted EBITDA was $186 million, Adjusted net loss was $11 million, and net loss attributable to Methanex shar

Except where otherwise noted, all currency amounts are stated in United States dollars. Financial and Production Highlights Delivered first full quarter of safe, reliable operations at newly acquired Beaumont and Natgasoline plants, producing 239,000 tonnes and 222,000 tonnes (Methanex share) of methanol respectively. Beaumont also produced 88,000 tonnes of ammonia in the third quarter.Adjusted EBITDA of $191 million, Adjusted net income of $5 million, and net loss attributable to Methanex shareholders of $7 million in the third quarter. Our average realized price in the third quarter was $345 per tonne compared to $374 per tonne in the second quarter of 2025.Production in the third quarte

Except where otherwise noted, all currency amounts are stated in United States dollars. Financial and Production Highlights Net income attributable to Methanex shareholders of $64 million and Adjusted EBITDA of $183 million in the second quarter. Our average realized price in the second quarter was $374 per tonne compared to $404 per tonne in the first quarter of 2025. On June 27, 2025, we closed the acquisition of OCI Global's international methanol business ("OCI Acquisition") including an interest in two world-scale methanol facilities in Beaumont, Texas. Both plants have been operating safely and at 100% rates since acquisition. Production in the second quarter was 1,621,000 tonnes c

VANCOUVER, British Columbia, June 12, 2025 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that the regulatory review period under the U.S. Hart-Scott-Rodino Antitrust Act has lapsed. Accordingly, all regulatory approvals required for Methanex to close its previously announced acquisition of OCI Global's international methanol business have been obtained. The transaction is expected to close on June 27, 2025, and remains subject to the satisfaction of customary closing conditions. "We are pleased to have received regulatory clearance and look forward to closing the transaction and welcoming new team members to Methanex." said Rich Sumner, President and CE

VANCOUVER, British Columbia, April 30, 2025 (GLOBE NEWSWIRE) -- Except where otherwise noted, all currency amounts are stated in United States dollars. Financial and Production Highlights Net income attributable to Methanex shareholders of $111 million and Adjusted EBITDA of $248 million in the first quarter. Our average realized price in the first quarter was $404 per tonne compared to $370 per tonne in the fourth quarter of 2024.Production in the first quarter was 1,619,000 tonnes compared to 1,868,000 tonnes in the fourth quarter of 2024. The lower production in the first quarter was due to a planned turnaround at Geismar 2 and an unplanned outage at Geismar 3, which was somewhat offs

Except where otherwise noted, all currency amounts are stated in United States dollars. Financial and Production Highlights Net income attributable to Methanex shareholders of $45 million and Adjusted EBITDA of $224 million in the fourth quarter. Our average realized price in the fourth quarter was $370 per tonne compared to $356 per tonne in the third quarter of 2024.Full year 2024 net income attributable to Methanex shareholders of $164 million and Adjusted EBITDA of $764 million.Fourth quarter production of 1,868 kmt was higher than third quarter production of 1,347 kmt driven by higher production from Chile, New Zealand, Geismar, and Egypt.In 2024, $50 million was returned to sharehold

Except where otherwise noted, all currency amounts are stated in United States dollars. Financial and Production Highlights Net income attributable to Methanex shareholders of $31 million and Adjusted EBITDA of $216 million in the third quarter. Our average realized price in the third quarter was $356 per tonne compared to $352 per tonne in the second quarter of 2024.Announced the signing of a definitive agreement to acquire OCI Global's international methanol business for approximately $2.05 billion, including OCI's interest in two world class methanol facilities in Beaumont, Texas. The transaction is expected to close in the first half of 2025.Geismar 3 ("G3") produced first methanol in

Except where otherwise noted, all currency amounts are stated in United States dollars. Unique opportunity to acquire world-scale producing methanol assets with access to robust North American natural gas feedstock Aligns with Methanex's strategic priorities and value-creation strategyAcquisition expected to be immediately accretive to free cash flow per share OCI to hold a 13 percent ownership interest upon closing VANCOUVER, British Columbia, Sept. 08, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation ("Methanex" or the "Company") (TSX:MX) (NASDAQ:MEOH) announced today that it has entered into a definitive agreement to acquire OCI Global's ("OCI") international methanol business for $2.05

Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $35 million and Adjusted EBITDA of $164 million in the second quarter. Our average realized price in the second quarter was $352 per tonne compared to $343 per tonne in the first quarter of 2024.The repairs to the autothermal reformer are complete on the 1.8 million tonne methanol plant, Geismar 3 ("G3"). First methanol was successfully produced in late July and the plant is in the process of of ramping up to full rates. We have completed the repairs on the autothermal reformer and successfully operated the unit under design conditions. G3 will signific

Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $53 million and Adjusted EBITDA of $160 million in the first quarter. Our average realized price in the first quarter was $343 per tonne compared to $322 per tonne in the fourth quarter of 2023.Work is progressing to safely repair the Geismar 3 ("G3") plant and we believe that the plant is on track to start up in the third quarter of 2024. Repair costs are expected to be $15 million and the total capital cost for the project is expected to remain at approximately $1.30 billion. The remaining capital cost of $70 million is fully funded with cash on hand.

Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $33 million and Adjusted EBITDA of $148 million in the fourth quarter. The average realized price in the fourth quarter was $322 per tonne compared to $303 per tonne in the third quarter of 2023.Full year 2023 net income attributable to Methanex shareholders of $174 million and Adjusted EBITDA of $622 million.Fourth quarter production was higher compared to the third quarter due to higher production in Chile, New Zealand, Geismar and Medicine Hat, which was partially offset by lower production in Egypt.The 1.8 million tonne methanol plant, Geismar 3 ("G

Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $24 million and Adjusted EBITDA of $105 million in the third quarter. The average realized price in the third quarter was $303 per tonne compared to $338 per tonne in the second quarter of 2023.Geismar 3 ("G3") project is progressing safely to plan and construction is near completion with commercial production expected around the end of 2023. The remaining cash spend of $140 - 190 million is fully funded with cash on hand.Chile I restarted in September with increased gas availability from Argentina. We are increasing our 2023 production guidance for Chi

Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $57 million and Adjusted EBITDA of $160 million in the second quarter. The average realized price in the second quarter was $338 per tonne compared to $371 per tonne in the first quarter of 2023.Geismar 3 ("G3") project is approximately 90% complete and is progressing safely, on time and on budget. Production expected in the fourth quarter of 2023. The remaining cash spend of $240 - 290 million is fully funded with cash on hand.Returned $51 million to shareholders through dividends and share repurchases and ended the second quarter with $646 million in

Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $60 million and Adjusted EBITDA of $209 million in the first quarter. The average realized price in the first quarter was $371 per tonne compared to $373 per tonne in the fourth quarter of 2022.Geismar 3 ("G3") project is over 80% complete and is progressing safely, on time and on budget. Production expected in the fourth quarter of 2023. The remaining capital spend of $330 - 380 million is fully funded with cash on hand.The Board approved a 6% dividend increase to $0.185 per share per quarter, applicable to the dividend payable on June 30th, 20

Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $41 million and Adjusted EBITDA of $160 million in the fourth quarter. The average realized price in the fourth quarter was $373 per tonne compared to $377 per tonne in the third quarter of 2022.Full year 2022 net income attributable to Methanex shareholders of $354 million and Adjusted EBITDA of $932 million.Higher production in New Zealand, Chile and Egypt led to a 22% increase in production in the fourth quarter compared to the third quarter.Geismar 3 ("G3") project progressing on time and on budget. Production expected in the fourth quarter of 2023.

Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $69 million and Adjusted EBITDA of $192 million.Geismar 3 ("G3") project progressing on time and on budget. First methanol production expected in the fourth quarter of 2023. The remaining capital of approximately $450 to $500 million is fully funded with cash on hand.Increased the quarterly dividend by 20% in July and announced the approval of a 5% share repurchase program in September.Successfully completed scheduled turnarounds in New Zealand and Egypt. The timing of the Egypt turnaround enabled an agreement to redirect and sell the plant's contracted

Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $125 million and Adjusted EBITDA of $243 million.Geismar 3 ("G3") project capital cost and schedule review completed in July. First methanol production is now expected in the fourth quarter of 2023 and the upper band of the capital cost range has been lowered by $50 million to $1.3 billion. The remaining capital spend of $525 to $575 million is fully funded with cash on hand.The Board approved a 20% dividend increase to $0.175 per share per quarter. The increased dividend along with our share buyback program highlights our continued commitment to return

Except where otherwise noted, all currency amounts are stated in United States dollars. Continued strong methanol pricing generated net income attributable to Methanex shareholders of $119 million and Adjusted EBITDA of $337 million.Methanol industry fundamentals remain solid entering the second quarter. High global energy prices have shifted the industry cost curve up and continue to provide methanol pricing support.Geismar 3 ("G3") project continues to progress safely, on schedule and on budget and is expected to reach commercial production by late 2023/early 2024. The remaining capital spend of $625 to $725 million is fully funded with cash on hand.Closed the strategic shipping partnersh

Except where otherwise noted, all currency amounts are stated in United States dollars. Generated outstanding 2021 financial results of net income attributable to Methanex shareholders of $482 million and Adjusted EBITDA of $1,108 million.Robust methanol prices coupled with strong production leading to records for both net income attributable to Methanex shareholders of $201 million and Adjusted EBITDA of $340 million in the fourth quarter.Higher production in Chile, New Zealand and record production in Geismar led to a 31% increase in production in the fourth quarter compared to the third quarter.Construction of the Geismar 3 project progressing to plan and is well-positioned to be compl

Methanol prices reached multi-year highs leading to net income attributable to Methanex shareholders of $71 million and Adjusted EBITDA of $264 millionRestarted construction on our advantaged Geismar 3 project which has been substantially de-risked and is well-positioned to be completed on-time and on budget with commercial operations targeted by late 2023/early 2024 Recently announced a reset of our quarterly dividend to $0.125 per share and approval of a 5% share repurchase programRobust outlook for the fourth quarter as global energy shortages and rising feedstock costs are leading to a sharp increase in methanol prices and a significant steepening of the industry cost curveIn early Octo

Except where otherwise noted, all currency amounts are stated in United States dollars. Robust methanol prices supported an increase in net income attributable to Methanex shareholders to $107 million and Adjusted EBITDA to $262 millionStrong liquidity and financial strength supported by a healthy cash balance, deleveraging initiatives and meaningful cash generationAnnounced key decisions aligned with our capital allocation priorities, including a restart of construction on the Company's advantaged Geismar 3 project, agreement on key commercial terms for a strategic shipping partnership and a reset of the quarterly dividend to $0.125 per share VANCOUVER, British Columbia, July 28,