Methanex publishes Q3 2026 earnings call transcript
MEOH•Methanex said fourth-quarter adjusted EBITDA should exceed $543 million if current pricing persists through December and sales volumes remain steady. It repaid $300 million of 2027 senior notes after the third quarter and expects to redeem the remaining $400 million in the fourth quarter.
1. Earnings and debt
On its Q3 2026 earnings call, Methanex CEO Rich Sumner and CFO Dean Richardson discussed earnings expectations and debt repayments. The company said fourth-quarter adjusted EBITDA should exceed $543 million if current pricing persists through December and produced sales volumes remain steady. It repaid $300 million of 2027 senior notes after the third quarter and expects to redeem the remaining $400 million in the fourth quarter.
2. Capital and supply
A new normal course issuer bid allows Methanex to buy and cancel up to 5% of its outstanding shares, while most free cash flow is targeted for deleveraging. Middle East methanol supply is running at 5%–10% of normal levels, and all coastal Chinese methanol-to-olefins operations are shut down.
