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Methanex ( (TSE:MX) ) has issued an update.
Methanex reported first-quarter 2026 results on April 29, posting a net loss attributable to shareholders of $14 million, largely due to mark-to-market share-based compensation tied to a higher share price, alongside adjusted EBITDA of $220 million and adjusted net income of $23 million. The company lifted its average realized methanol price to $351 per tonne from $331 in the prior quarter, produced 2.39 million tonnes, repaid $60 million on its Term Loan A, returned $14 million via dividends and highlighted that Middle East conflict-driven supply disruptions have sharply boosted methanol prices into the second quarter, reinforcing its positioning as a reliable supplier while it continues integration of the Beaumont assets and pursues deleveraging in a volatile macro environment.
The most recent analyst rating on (TSE:MX) stock is a Hold with a C$65.00 price target. To see the full list of analyst forecasts on Methanex stock, see the TSE:MX Stock Forecast page.
Spark’s Take on MX Stock
According to Spark, TipRanks’ AI Analyst, MX is a Neutral.
The score is driven primarily by mixed financial performance—strong cash generation but pressured net profitability and meaningful leverage—tempered by a high P/E valuation. Technicals are a notable positive with a strong uptrend, while the earnings call was balanced: slightly improving near-term EBITDA outlook and deleveraging focus, but ongoing integration, operational risks, and market uncertainty.
To see Spark’s full report on MX stock, click here.
More about Methanex
Methanex Corporation is a Canadian-based global producer and supplier of methanol, serving petrochemical and energy markets worldwide. The company operates a diversified asset base, including recently acquired methanol facilities in Beaumont, Texas, and focuses on reliable supply, cost-efficient operations and balance sheet deleveraging.
Average Trading Volume: 372,554
Technical Sentiment Signal: Buy
Current Market Cap: C$6.4B
For an in-depth examination of MX stock, go to TipRanks’ Overview page.