Methanex (MEOH) Tops Q4 EPS by 7c, Revenues Beat

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Go back to Methanex (MEOH) Tops Q4 EPS by 7c, Revenues Beat

Methanex Reports Higher Fourth Quarter 2020 Results

January 27, 2021 5:12 PM EST

Except where otherwise noted, all currency amounts are stated in United States dollars.

Average realized methanol price increased to $282 per tonne in the fourth quarter from $217 per tonne in the third quarter of 2020Continued improvement in global methanol demand, methanol industry supply outages and delayed start-up of new industry capacity additions supported higher methanol pricesNet loss attributable to Methanex shareholders of $27 million on Adjusted EBITDA of $136 million, reflecting a $96 million increase over the third quarter,... More