Methanex Corp
NASDAQ:MEOH

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Methanex Corp
NASDAQ:MEOH
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Price: 38.8 USD -1.12% Market Closed
Market Cap: 2.6B USD

Methanex Corp
Investor Relations

In the shifting landscapes of global energy markets, Methanex Corporation stands as the world's largest producer and supplier of methanol. Headquartered in Vancouver, Canada, Methanex is an enterprise that bridges a complex supply chain, converting natural gas into methanol, a key component used in the manufacture of countless everyday products, from adhesives and paints to windshield washer fluids and refrigerants. The company navigates a tightly controlled operation, orchestrating its production across strategically located plants in North America, South America, Europe, and Asia. This geographical diversity offers a competitive edge, allowing Methanex to serve its global clientele efficiently while mitigating risks associated with regional disruptions.

Methanex's revenue stream thrives on its ability to penetrate diverse markets with precision. Its business model capitalizes on both direct sales and long-term strategic partnerships, hence securing a constant demand for methanol. The firm's logistics arm plays an integral role in its economic success, ensuring a seamless distribution from production sites to end-users via chartered ocean tankers and an extensive network of terminals. By optimizing its operations with strategic fleet management and port terminals, Methanex not only maximizes supply chain efficiency but also leverages bulk pricing strategies to remain competitive. Despite facing the inherent volatility of commodity markets, Methanex fortifies its position through technological innovation and strategic risk management, thereby retaining its dominance in the global methanol industry.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 30, 2025
AI Summary
Q3 2025

EBITDA Growth: Adjusted EBITDA rose to $191 million in Q3, higher than Q2 due to increased sales of produced product, even as realized prices fell.

Asset Integration: The newly acquired Beaumont and Natgasoline plants ran at high rates, with integration efforts on track and expected synergies mainly from IT, insurance, and logistics.

Production Uplift: Company-wide methanol production and sales will increase further in Q4 as new assets' output fully flows through results.

Guidance: Q4 adjusted EBITDA is expected to be meaningfully higher than Q3, with average realized prices forecast between $335 and $345 per tonne.

Capital Allocation: All free cash flow will go to debt repayment in the near term, with $350 million left on the Term Loan A facility.

Stable Demand: Global methanol markets remain tight, with demand stable and supply constraints supporting prices.

No Major Growth Capex: No significant new growth investments planned in the next few years; focus remains on deleveraging and maintaining financial flexibility.

Key Financials
Average Realized Price
$345 per tonne
Produced Methanol Sales
1.9 million tonnes
Adjusted EBITDA
$191 million
Adjusted Net Income Per Share
$0.06 per share
Beaumont & Natgasoline Methanol Production
482,000 tonnes
Beaumont & Natgasoline Ammonia Production
92,000 tonnes
Equity Production Guidance (2025)
8 million tonnes (7.8 million methanol, 0.2 million ammonia)
Cash Balance
$413 million
Term Loan A Facility Repayment
$125 million repaid in Q3; $350 million remaining
Capital Expenditures
$150 million per year
European Posted Methanol Price (Q4 2025)
EUR 535 per tonne
North America Posted Methanol Price (November)
$802 per tonne
Asia Pacific Posted Methanol Price (November)
$360 per tonne
China Posted Methanol Price (November)
$340 per tonne
Earnings Call Recording
Other Earnings Calls

Management

Mr. Richard W. Sumner
President, CEO & Director
No Bio Available
Mr. Dean Richardson
Senior VP of Finance & Chief Financial Officer
No Bio Available
Ms. Karine Delbarre
Senior Vice President of Global Marketing & Logistics
No Bio Available
Mr. Bradley W. Boyd
Senior Vice President of Corporate Resources
No Bio Available
Mr. Gustavo Parra
Senior Vice President of Manufacturing
No Bio Available
Sarah Herriott
Director of Investor Relations
No Bio Available
Mr. Kevin Price
Senior VP, General Counsel & Corporate Secretary
No Bio Available
Mr. Kevin M. Maloney
Senior Vice President of Corporate Development
No Bio Available
Mark Allard
Senior Vice President of Low Carbon Solutions
No Bio Available
Rawle Ramlochan
Plant Manager
No Bio Available

Contacts

Address
BRITISH COLUMBIA
Vancouver
1800-200 Burrard St
Contacts
+16046612600.0
www.methanex.com