Methanex (MEOH) Tops Q2 EPS by 6c

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Go back to Methanex (MEOH) Tops Q2 EPS by 6c

Methanex Reports Second Quarter 2023 Results

July 26, 2023 5:00 PM EDT

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

Net income attributable to Methanex shareholders of $57 million and Adjusted EBITDA of $160 million in the second quarter. The average realized price in the second quarter was $338 per tonne compared to $371 per tonne in the first quarter of 2023.Geismar 3 ("G3") project is approximately 90% complete and is progressing safely, on time and on budget. Production expected in the fourth quarter of 2023. The remaining cash spend... More