Quarterly ResultApr 29, 2026, 05:12 PM
MEOH Q1 Adjusted EBITDA $220M; Net Loss -$14M; Q2 Outlook Strong
AI Summary
Methanex reported a Q1 2026 net loss of $14 million, a significant improvement from the $89 million net loss in Q4 2025. Adjusted EBITDA rose to $220 million, up from $186 million in the prior quarter, with Adjusted net income reaching $23 million. The average realized methanol price increased to $351 per tonne, and the company expects significantly higher Adjusted EBITDA in Q2 2026, with prices projected at $500-$525 per tonne. Methanex also repaid $60 million of debt and returned $14 million to shareholders via dividends.
Key Highlights
- Q1 2026 Net loss attributable to shareholders: -$14 million (vs -$89 million in Q4 2025).
- Q1 2026 Adjusted EBITDA: $220 million (vs $186 million in Q4 2025).
- Q1 2026 Adjusted net income: $23 million (vs -$11 million in Q4 2025).
- Average realized price: $351 per tonne (Q1 2026), expected $500-$525 per tonne for April/May.
- Total methanol production: 2,391,000 tonnes (Q1 2026).
- Repaid $60 million of Term Loan A debt.
- Returned $14 million to shareholders through dividends.
- Ended Q1 with $379 million cash.
Price Impact
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