Methanex Corp. (TSE:MX)
TSX:MX
Earnings Data
Report Date
Apr 29, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.52Last Year’s EPS
1.8Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mix of operational and financial positives — excellent safety performance, strong cash position and active deleveraging, stable-to-improving operations at key plants, a clear 2026 production guide (9.0Mt), and a defined synergy target from the OCI acquisition — while also highlighting near-term challenges including Q4 outage-related costs, an adjusted net loss, integration costs not fully realized, structural and seasonal gas supply risks (Chile, Egypt, New Zealand), and significant market uncertainty from the Middle East escalation that affects supply reliability and pricing volatility. Management expects slightly higher adjusted EBITDA in Q1 and is prioritizing debt repayment, but material upside is contingent on market tightness and realization of synergies.Company Guidance
Outstanding Safety Performance
Zero Tier 1 process safety incidents over the past two years; recordable injury rates of 0.09 (2024) and 0.12 (2025) per 200,000 hours versus the chemical industry average of 0.59 in 2024 (company rates ~85% and ~80% lower than the industry average, respectively).
Q4 Financial and Sales Metrics
Fourth quarter average realized price of $331 per tonne; produced sales of approximately 2,400,000 tonnes; adjusted EBITDA of $180,000,000 and an adjusted net loss of $11,000,000.
Strong Cash Position and Deleveraging
Ended the year with $425,000,000 in cash; repaid $75,000,000 of Term Loan A in Q4 and a further $50,000,000 in early 2026; remaining Term Loan A balance $300,000,000 with priority to apply free cash flow to repay debt.
2026 Production Guidance
Expected equity production for 2026 of approximately 9,000,000 tonnes, with regional guidance of just over 6,000,000 tonnes in North America, ~1.3–1.4M tonnes in Chile, ~0.5–0.6M tonnes in Egypt, ~0.8M tonnes in Trinidad, and <0.5M tonnes in New Zealand.
Integration Progress and Synergy Target
Integration of acquired assets underway with operations improving (Geismar running stably); targeting $30,000,000 of synergies by end of 2026 with realization continuing into 2027; early CapEx below deal-model average due to recent turnarounds.
Q1 Price and EBITDA Outlook
First quarter average realized price estimated at $330–$340 per tonne (pre-current Middle East escalation) and the company expects slightly higher adjusted EBITDA in Q1 versus Q4.
Supply-Chain and Shipping Advantage
Dedicated Waterfront Shipping and time-chartered fleet provide supply-chain security and limited spot exposure; company notes shipping rates on many lanes have approximately doubled (+100%), but its fixed charters mitigate immediate cost exposure and provide competitive reliability benefits.
TSE:MX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:MX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 05, 2026 | C$77.71 | C$67.28 | -13.42% |
Oct 29, 2025 | C$47.10 | C$47.01 | -0.19% |
Jul 30, 2025 | C$44.87 | C$45.72 | +1.89% |
Apr 30, 2025 | C$42.42 | C$43.98 | +3.68% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Methanex Corp. (TSE:MX) report earnings?
Methanex Corp. (TSE:MX) is schdueled to report earning on Apr 29, 2026, TBA (Confirmed).
What is Methanex Corp. (TSE:MX) earnings time?
Methanex Corp. (TSE:MX) earnings time is at Apr 29, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TSE:MX EPS forecast?
TSE:MX EPS forecast for the fiscal quarter 2026 (Q1) is 0.52.