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Methanex posts $265M net income in Q3 2026, boosts cash flow amid supply challenges.

Company Fundamentals
30 Oct 2026, 00:06 WIB
GlobeNewsWire
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Bullish
Methanex posts $265M net income in Q3 2026, boosts cash flow amid supply challenges.

Methanex reported a net income of $265 million and adjusted EBITDA of $543 million in Q3 2026, driven by strong North American production despite lower average realized prices. The company plans to idle its New Zealand facilities in early 2027 and has agreed to sell its remaining New Zealand gas contracts. Methanex also announced a $300 million bond redemption and a 5% share buyback program. Looking ahead, it expects higher adjusted EBITDA in Q4 due to improved pricing and steady sales volumes.

Methanex's Q3 2026 earnings and cash flow report provides context for readers, with Pluang's Basic Materials sector data as of Oct 30, 2026 03:22 WIB. Among 83 priced US stocks in the sector, 27 rose and 56 fell. Notable movers include BHP at USD 82.60 with a 4.39% increase and a typical hold time of 143 days, Silvercorp Metals Inc. (SVM) down 4.30% at USD 8.24, and Americas Gold and Silver Corporation (USAS) at USD 3.06 with 100% buy order activity. The most notable figure is BHP's 4.39% gain.

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