Overview

* Methanex ( MEOH ) Q2 adjusted EPS beats analysts' expectations, per LSEG data

* Adjusted EBITDA for Q2 beats estimates despite lower realized prices, per LSEG data

* Co closed OCI acquisition, expanding production footprint in North America

Outlook

* Methanex ( MEOH ) expects 2025 production to be approximately 8.0 mln tonnes

* Company anticipates higher Q3 Adjusted EBITDA than Q2

* Methanex ( MEOH ) projects average realized price of $335-$345 per tonne for July-August

* Company sees increased sales offset by lower realized price in Q3

Result Drivers

* OCI ACQUISITION - Methanex ( MEOH ) expanded production footprint with acquisition of OCI's methanol business, enhancing access to stable natural gas supplies

* PRODUCTION VARIABILITY - Higher production in Geismar and Trinidad offset by declines in Chile, New Zealand, and Egypt due to maintenance and gas supply issues

* PRICE DECLINE - Average realized price per tonne fell, affecting net income despite operational improvements

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $0.97 $0.33 (6

Adjusted Analysts

EPS )

Q2 EPS $0.93

Q2 Beat $66 mln $21.30

Adjusted mln (3

Net Analysts

Income )

Q2 Net $64 mln

Income

Q2 Beat $183 mln $167 mln

Adjusted (5

EBITDA Analysts

)

Q2 Basic $0.95

EPS

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the commodity chemicals peer group is "buy"

* The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)