Methanex Reports Record North American Production and Second Quarter 2026 Earnings
Methanex reported Q2 net income of $198 million, or $2.45 per share, reversing a prior-quarter loss driven by record Adjusted EBITDA of $577 million. The results were bolstered by a 51% sequential increase in average realized pricing to $529 per tonne, though the company recorded a $115 million non-cash charge related to the indefinite idling of its Titan plant.
Key figures
- Eps
- 2.45
- Revenue
- 1395000000
- Guidance
- 2026 production expected to be approx 9.0 million tonnes methanol and 0.3 million tonnes ammonia; average realized price for July/August expected to be approx $460-$485 per tonne; lower Adjusted EBITDA expected in Q3 due to lower realized price
- Debt repaid
- 290000000
- Adjusted eps
- 3.87
- Cash balance
- 383000000
- Adjusted ebitda
- 577000000
- Asset impairment
- 115000000
- Production tonnes
- 2213000
- Adjusted net income
- 300000000
- Operating cash flow
- 439000000
- Average realized price
- 529
AI analysis
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