Methanex (MEOH) Tops Q1 EPS by 93c

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Go back to Methanex (MEOH) Tops Q1 EPS by 93c

Methanex Reports Excellent First Quarter 2022 Results

April 27, 2022 5:19 PM EDT

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

Continued strong methanol pricing generated net income attributable to Methanex shareholders of $119 million and Adjusted EBITDA of $337 million.Methanol industry fundamentals remain solid entering the second quarter. High global energy prices have shifted the industry cost curve up and continue to provide methanol pricing support.Geismar 3 ("G3") project continues to progress safely, on schedule and on budget and is expected to reach... More