Canadian methanol supplier Methanex posts Q4 loss due to impairment expense

Methanex

05/03/2026 22:16

Overview

Methanol producer's Q4 revenue rose

Adjusted EBITDA missed analyst expectations

Net loss driven by non-cash impairment expense related to New Zealand operations

Outlook

Methanex expects 2026 production of 9.0 mln tonnes of methanol

Company anticipates 2026 ammonia production of 0.3 mln tonnes

Methanex projects Q1 2026 Adjusted EBITDA to be slightly higher than Q4 2025

Result Drivers

PRODUCTION INCREASE - Methanex's Q4 methanol production rose due to higher output in Chile, supported by increased gas availability from Argentina

IMPAIRMENT EXPENSE - Net loss was largely driven by a non-cash impairment expense of $82 mln related to New Zealand operations

PRICE DECLINE - Average realized price of methanol fell to $331 per tonne from $345 per tonne in Q3, impacting revenue

Company press release: ID:nGNX1FW02x

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
Miss
-$0.14
$0.66 (5 Analysts)
Q4 Adjusted Net Income
Miss
-$11 mln
$45.33 mln (3 Analysts)
Q4 Net Income
-$89 mln
Q4 Adjusted EBITDA
Miss
$186 mln
$234.94 mln (4 Analysts)

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(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.)