MEOH

A month has gone by since the last earnings report for Innospec (IOSP). Shares have added about 2% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Innospec due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Innospec reported second-quarter 2026 adjusted earnings of $1.27 per share, up 0.8% year over year. The figure beat the Zacks Consensus Estimate of $1.05 by 21%.Net income (as reported) attributable to Innospec rose to $30.8 million or $1.25 per share from $23.5 million or 94 cents a year earlier. Revenues rose 11.8% year over year to $491.4 million and surpassed the consensus estimate of $462.4 million. Growth was supported by all three businesses.Total operating income increased 15.7% year over year to $39.7 million. Adjusted EBITDA rose 2% to $50.1 million. Gross profit increased to $138.3 million from $123.2 million a year ago, reflecting the higher sales base and contributions across the operating businesses. Performance Chemicals revenues increased 9.5% year over year to $190.3 million. A 2% volume decline was more than offset by an 8% positive price/mix contribution and a 3% favorable currency impact.The segment's gross margin edged down 0.2 percentage points to 17.3%. Operating income rose 14.7% to $16.4 million as operating leverage improved. Management said repairs, process improvements and upgrades at its North Carolina plants continued during the quarter.Fuel Specialties revenues climbed 12.5% year over year to $185.7 million. Volumes increased 7%, price/mix contributed 3% and currency added 2%, providing a balanced mix of growth drivers.Gross margin declined 1.5 percentage points to 36.6%, but operating income increased 2.5% to $36.3 million. Management said margins remained within its target range despite the year-over-year contraction.Oilfield Services revenues rose 14.5% year over year to $115.4 million. The business benefited from Innospec's recent DRA plant expansion and growing opportunities to supply the technology to customers.Operating income increased 40.3% to $8.7 million. Management also remained focused on growth and margin improvement in its U.S. and Middle East completions and production operations. Cash provided by operating activities was $7.2 million in the quarter compared with $10.5 million a year ago. Capital expenditures totaled $16.5 million. Management expects operating cash flow to increase in the second half as working capital efficiency improves.Innospec ended June with $250.2 million in cash and cash equivalents and no debt. The debt-free position leaves the company with flexibility to fund organic investment and potential acquisitions.During the quarter, Innospec paid a semi-annual dividend of 92 cents per share and repurchased $6.4 million of common stock. Management also highlighted dividend growth and buybacks among its capital-allocation options alongside investment in the business. Management expects Performance Chemicals to benefit from ongoing plant repairs, process improvements, upgrades and additional topline and margin opportunities. These actions remain central to the company's plan for better second-half performance.For Oilfield Services, Innospec expects its DRA expansion and opportunities in completions and production to support further sequential gains. Fuel Specialties, meanwhile, is expected to continue advancing opportunities across its established and newer end markets. The company continues to pursue opportunities across traditional fuel, renewable fuel and non-fuel applications. The company remains focused on technology development, topline growth and margin improvement across the portfolio. Management's outlook calls for further operating progress while preserving balance-sheet flexibility for investment and shareholder returns. It turns out, estimates revision have trended upward during the past month. At this time, Innospec has a poor Growth Score of F, however its Momentum Score is doing a lot better with a B. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for value investors. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Innospec has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months. Innospec belongs to the Zacks Chemical - Diversified industry. Another stock from the same industry, Methanex (MEOH), has gained 16.6% over the past month. More than a month has passed since the company reported results for the quarter ended June 2026. Methanex reported revenues of $1.4 billion in the last reported quarter, representing a year-over-year change of +75%. EPS of $3.87 for the same period compares with $0.97 a year ago. Methanex is expected to post earnings of $3.10 per share for the current quarter, representing a year-over-year change of +5066.7%. Over the last 30 days, the Zacks Consensus Estimate has changed +14.6%. Methanex has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of A. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Innospec Inc. (IOSP) : Free Stock Analysis Report Methanex Corporation (MEOH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in Methanex Corporation? Here are five stocks we like better. Strong Q2 results: Methanex reported $577 million in adjusted EBITDA and $300 million in adjusted net income, supported by higher methanol prices and record North American production. The company repaid its remaining $290 million Term Loan A balance and ended the quarter with more than $380 million in cash. Middle East disruption tightens supply: The conflict has disrupted 15 million to 20 million tons of annualized methanol supply that typically transits the Strait of Hormuz. Inventories have been substantially depleted, increasing pressure on demand—particularly China’s methanol-to-olefins sector—unless production and shipping routes normalize. Lower pricing but production outlook maintained: Methanex expects third-quarter realized prices of approximately $460 to $485 per ton, below Q2 levels, while elevated shipping costs create a $30 million to $40 million quarterly headwind. Despite idling its Trinidad Titan plant, the company maintained its 2026 equity production forecast at about 9 million tons. Methanex (NASDAQ:MEOH) reported second-quarter 2026 adjusted EBITDA of $577 million and adjusted net income of $300 million, supported by higher methanol prices and strong production from its North American operations. President and CEO Rich Sumner said the company generated its results from an average realized price of $529 per ton and produced sales of about 2.2 million tons. Adjusted EBITDA included a $12 million restructuring accrual related to operations in Trinidad and Tobago. → This Tiny AI Supplier Could Be More Important Than the Chipmakers The company used operating cash flow to repay the remaining $290 million outstanding under its Term Loan A facility, ending the quarter with more than $380 million in cash. Sumner said Methanex intends to continue directing most available free cash flow toward cash accumulation and debt reduction amid a volatile market environment. Methanex said the ongoing Middle East conflict has created an “unprecedented” disruption for the methanol industry. The company estimates that 15 million to 20 million tons of annualized methanol supply normally must transit the Strait of Hormuz to reach end markets. → Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There? According to Sumner, some supply, primarily from Iran, reached the market during the second quarter at reduced volumes and largely through inventories that existed before the conflict. Methanex estimates that roughly one-third of the affected volume entered the market during the quarter, including product released during a temporary ceasefire. The supply shortfall was initially offset by inventory drawdowns, particularly in Asia, and demand rationalization. Methanol-to-olefins, or MTO, demand in China bore much of the impact, while demand also declined in markets including the Middle East, India and Southeast Asia. → Innovative ETF Strategies That Are Paying Off This Summer Sumner said pre-conflict inventories have since been substantially reduced while the affected Middle Eastern production remains idle. He said that, under current conditions, the industry will face growing pressure to balance supply and demand through additional demand rationalization unless Middle Eastern production and shipping routes return to more normalized conditions. Methanex said it does not have confirmation of long-term damage to Iranian methanol plants, although it has heard reports concerning the South Pars gas field and potential limits on gas processing. The company said the ability to restore gas supply, plant operating rates and reliable navigation through the Strait of Hormuz will be important to any market normalization. Total equity methanol production was 2.2 million tons in the second quarter, slightly below the first quarter. North American production reached a record 1.6 million tons across Canada and the United States. Geismar produced 1.1 million tons, a quarterly record for the site. Beaumont produced 180,000 tons before being taken offline in early June for an unplanned cooling-tower repair. Methanex’s equity share of production from the Natgasoline joint venture was 204,000 tons. The Beaumont plant restarted in early July after the company completed the 30-day outage. Sumner said the company also addressed additional plant vulnerabilities during the shutdown. Methanex is conducting technical reviews of both Beaumont and Natgasoline and said the assets have performed above the operating levels assumed in the acquisition valuation. At Geismar, Sumner said the company’s production target is about 4 million tons annually, based on approximately 97% reliability, though output can vary depending on turnaround timing, catalyst life and unplanned outages. Elsewhere, Methanex produced 327,000 tons in Chile, where it shifted to operating one plant midway through the quarter because of seasonal reductions in Argentine gas availability during the Southern Hemisphere winter. Egypt operated at full rates and produced volumes similar to the prior quarter. New Zealand produced 46,000 tons, as the company shut down the plant during May and June to manage gas-supply uncertainty before restarting it in early July at reduced rates. On June 29, Methanex announced the indefinite idling of its Titan plant in Trinidad and Tobago after it was unable to secure a commercially viable natural gas contract. The company recorded a $115 million non-cash, after-tax asset impairment charge and the $12 million restructuring accrual. Sumner said the existing gas contract was linked to methanol prices, but the economics were not favorable when assessed against Trinidad’s position in the company’s supply chain. Methanex concluded that a future contract was likely to be less favorable and chose to idle the plant. The company expects 2026 equity production of approximately 9 million tons, maintaining its previous outlook despite Titan’s idling. Sumner said stronger-than-expected production in Egypt and New Zealand is expected to help offset the lost Trinidad volume. He also noted that production from Egypt is more cost competitive than output from Titan. Based on July and August contract price postings, Methanex expects its average realized price for those months to be approximately $460 to $485 per ton, assuming market conditions remain consistent. If that pricing holds through September and sales volumes remain near second-quarter levels, the company expects another strong quarter of earnings, though lower than the second quarter because of reduced pricing. Sumner said the company’s current pricing outlook incorporated a sharp decline in spot prices during and after the temporary ceasefire, particularly in Asia. However, he said prices had already begun to recover and were near the upper end of Methanex’s guided range during the call. Methanex also cited rising shipping expenses. Higher bunker costs and a less efficient fleet configuration are expected to create a $30 million to $40 million quarterly headwind versus the company’s planned run rate, with about half of the impact recognized in the second quarter and the remainder expected in the third quarter. The company said bunker costs rose about 40% during the period, while fewer backhaul opportunities have forced greater reliance on time-chartered vessels. Methanex typically uses time-chartered vessels for about 80% of its shipping, but currently has effectively no spot-market exposure as it uses its chartered fleet to move its own product. Looking ahead, Sumner said Methanex is nearing its initial leverage target of about three times adjusted debt to adjusted EBITDA. The company’s longer-term target is 2 to 2.5 times at mid-cycle pricing. Management said it is considering the timing and size of potential share repurchases as it evaluates future cash generation, debt reduction progress and the company’s share price. Methanex Corporation is a Vancouver, Canada–based company and one of the world's largest producers and suppliers of methanol. The company manufactures methanol, a key feedstock for a wide range of chemical products and industrial applications. Methanex markets its product to customers in energy, plastics, paints and coatings, and various chemical sectors, positioning the company as a critical link in the global supply chain for basic chemicals. The company's core product, methanol, serves as a building block for downstream chemicals such as formaldehyde, acetic acid and methyl tertiary butyl ether (MTBE). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Methanex Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

Methanex Corporation MEOH reported adjusted earnings of $3.87 per share for the second quarter of 2026, up sharply from 97 cents in the year-ago quarter. The figure missed the Zacks Consensus Estimate of $4.00. The year-over-year improvement reflected a significantly higher average realized methanol price and increased sales volume following the acquisition of the Beaumont and Natgasoline assets. Methanex posted net income attributable to shareholders of $198 million, or $2.45 per share, compared with $64 million, or 93 cents per share, in the prior-year quarter. Results included a $115 million non-cash asset impairment charge, net of tax, related to the Titan and Atlas facilities. Quarterly revenues surged 75.1% year over year to roughly $1.4 billion but missed the Zacks Consensus Estimate of $1.41 billion. Methanex Corporation price-consensus-eps-surprise-chart | Methanex Corporation Quote Methanex produced 2,213,000 tons of methanol in the second quarter, up 36.5% from 1,621,000 tons a year ago. The increase mainly reflected contributions from the Beaumont and Natgasoline facilities and record production at Geismar. The figure beat our estimate of 2,193,000 tons. Total methanol sales volume was 2,555,000 tons in the quarter, up from 2,133,000 tons in the year-ago period. Higher sales of Methanex-produced methanol more than offset lower purchased-methanol volumes. The figure lagged our estimate of 2,624,000 tons. The average realized price was $529 per ton, up 41.4% from $374 per ton in the year-ago quarter, reflecting the significant global supply disruption caused by the Middle East conflict. The figure topped our estimate of $523 per ton. Methanex ended the quarter with cash and cash equivalents of $383 million compared with $379 million at the end of the prior quarter. Cash flow from operating activities was $439 million, up 58.5% from $277 million in the year-ago quarter, primarily due to higher earnings from stronger realized pricing and increased produced-methanol sales, partly offset by working-capital outflows. The company returned $14 million to shareholders through regular dividends during the quarter. Methanex also repaid the remaining $290 million of Term Loan A, fully retiring the facility, and had access to a $400 million unutilized revolving credit facility at quarter-end. Methanex continues to expect 2026 production of approximately 9 million tons of methanol on a Methanex-interest basis and 0.3 million tons of ammonia. Actual quarterly production may vary depending on natural gas availability, planned turnarounds, unplanned outages and other unforeseen events. Based on July and August posted prices and assuming market conditions remain consistent, management expects the average realized price to be $460-$485 per ton for the two months. With a lower realized price and similar sales of produced methanol, Methanex expects adjusted EBITDA to decline sequentially in the third quarter. MEOH’s Price Performance Shares of Methanex have gained 62% over the past year compared with a 3.6% rise in its industry. Image Source: Zacks Investment Research MEOH currently carries a Zacks Rank #2 (Buy). Other top-ranked stocks in the Basic Materials space include The Chemours Company CC, Carpenter Technology Corporation CRS and Ternium S.A. TX. Chemours is expected to report second-quarter results on Aug. 4. The Zacks Consensus Estimate for CC’s second-quarter earnings is pegged at 43 cents per share. It carries a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. CRSnis slated to report fiscal fourth-quarter results on July 30. The Zacks Consensus Estimate for earnings is pegged at $3.03 per share. CRS has a Zacks Rank #1 at present. Ternium is scheduled to report second-quarter results on Aug. 4. The Zacks Consensus Estimate for TX’s second-quarter earnings is pegged at $1.29 per share. It currently carries a Zacks Rank #1. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Methanex Corporation (MEOH) : Free Stock Analysis Report Carpenter Technology Corporation (CRS) : Free Stock Analysis Report Ternium S.A. (TX) : Free Stock Analysis Report The Chemours Company (CC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Methanex (MEOH) came out with quarterly earnings of $3.87 per share, missing the Zacks Consensus Estimate of $4 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.25%. A quarter ago, it was expected that this methanol supplier would post earnings of $0.47 per share when it actually produced earnings of $0.3, delivering a surprise of -36.17%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Methanex, which belongs to the Zacks Chemical - Diversified industry, posted revenues of $1.4 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 1.36%. This compares to year-ago revenues of $797 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Methanex shares have added about 36.4% since the beginning of the year versus the S&P 500's gain of 8.3%. While Methanex has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Methanex was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.87 on $1.22 billion in revenues for the coming quarter and $9.18 on $4.82 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Chemical - Diversified is currently in the top 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Eastman Chemical (EMN), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 30. This specialty chemicals maker is expected to post quarterly earnings of $1.80 per share in its upcoming report, which represents a year-over-year change of +12.5%. The consensus EPS estimate for the quarter has been revised 5% lower over the last 30 days to the current level. Eastman Chemical's revenues are expected to be $2.37 billion, up 3.5% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Methanex Corporation (MEOH) : Free Stock Analysis Report Eastman Chemical Company (EMN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Except where otherwise noted, all currency amounts are stated in United States dollars. Financial and Production Highlights Net income attributable to Methanex shareholders of $198 million, Adjusted EBITDA of $577 million, and Adjusted net income of $300 million in the second quarter. Reported an average realized price in the second quarter of $529 per tonne compared to $351 per tonne in the first quarter of 2026. Based on our July and August posted prices and assuming market conditions remain consistent in this volatile macro environment, we expect that our average realized price range will be approximately $460 to $485 per tonne for these two months. Produced 2,213,000 tonnes of methanol in the second quarter, including over 1 million tonnes at the Geismar site. Announced the indefinite idling of the Titan plant and the commencement of restructuring activities in Trinidad and Tobago. This resulted in a $115 million non-cash asset impairment charge, net of tax, and a $12 million accrual for restructuring activities (Methanex share), which has been included as a deduction from Adjusted EBITDA. Generated $439 million of cash flows from operating activities, repaid the remaining $290 million of the Term Loan A loan, and returned $14 million to shareholders through regular dividends. Ended the second quarter with $383 million in cash. VANCOUVER, British Columbia, July 28, 2026 (GLOBE NEWSWIRE) -- For the second quarter of 2026, Methanex (TSX:MX) (NASDAQ:MEOH) reported net income attributable to Methanex shareholders of $198 million ($2.45 net income per common share on a diluted basis) compared to a net loss of $14 million ($0.18 net loss per common share on a diluted basis) in the first quarter of 2026. Adjusted EBITDA for the second quarter of 2026 was $577 million and Adjusted net income was $300 million ($3.87 Adjusted net income per common share). This compares with Adjusted EBITDA of $220 million and an Adjusted net income of $23 million ($0.30 Adjusted net income per common share) for the first quarter of 2026. Rich Sumner, President & CEO of Methanex, said, "The continuing Middle East conflict has resulted in an unprecedented impact on many industries, including methanol. During the second quarter of 2026, we delivered record Adjusted EBITDA largely due to higher pricing as a result of the significant loss of industry supply combined with continued strong production from our enhanced asset base, particularly in North America. Through this highly volatile and uncertain period, we remain focused on operating our assets and supply chain safely and reliably, completing the OCI acquisition integration activities, and delivering operating and financial results to drive a stronger and more resilient company." FURTHER INFORMATION The information set forth in this news release summarizes Methanex's key financial and operational data for the second quarter of 2026. It is not a complete source of information for readers and is not in any way a substitute for reading the second quarter 2026 Management’s Discussion and Analysis ("MD&A") dated July 28, 2026 and the unaudited condensed consolidated interim financial statements for the period ended June 30, 2026, both of which are available from the Investor Relations section of our website at www.methanex.com. The MD&A and the unaudited condensed consolidated interim financial statements for the period ended June 30, 2026 are also available on the Canadian Securities Administrators' SEDAR+ website at www.sedarplus.ca and on the United States Securities and Exchange Commission's EDGAR website at www.sec.gov. FINANCIAL AND OPERATIONAL DATA A reconciliation from net income attributable to Methanex shareholders to Adjusted EBITDA, Adjusted net income and the calculation of Adjusted net income per common share is as follows: We recorded net income attributable to Methanex shareholders of $198 million in the second quarter of 2026 compared to a net loss of $14 million in the first quarter of 2026. The net income in the second quarter of 2026 was higher compared to the prior quarter primarily due to a higher average realized price. This was partially offset by the impact of the asset impairment charge recorded in the second quarter of 2026. We sold 2,555,000 tonnes of methanol in the second quarter of 2026 compared to 2,622,000 tonnes of methanol in the first quarter of 2026. Sales of Methanex-produced methanol were 2,151,000 tonnes in the second quarter of 2026 compared to 2,226,000 tonnes in the first quarter of 2026. Production of methanol for the second quarter of 2026 was 2,213,000 tonnes compared to 2,391,000 tonnes for the first quarter of 2026. Despite continued strong performance across our North American assets, production was lower in the second quarter of 2026 compared to the first quarter of 2026 due to reduced production in Chile, where we experienced seasonal gas availability constraints, in New Zealand, where we took a planned winter outage, and in Trinidad, which experienced unplanned outages. We announced the indefinite idling of the Titan plant and the commencement of restructuring activities in Trinidad and Tobago. This resulted in a $115 million non-cash asset impairment charge, net of tax, and a $12 million accrual for restructuring activities (Methanex share), which has been included as a deduction from Adjusted EBITDA. In the second quarter of 2026 we paid a quarterly dividend of $0.185 per common share for a total of $14 million and repaid $290 million of the outstanding Term Loan A, fully repaying the loan. At June 30, 2026, we had a strong liquidity position including a cash balance of $383 million. We also have access to a $400 million unutilized revolving credit facility. PRODUCTION HIGHLIGHTS Key production and operational highlights during the second quarter include: United States Geismar produced a record 1,027,000 tonnes in the second quarter of 2026 compared to 934,000 tonnes in the first quarter of 2026. Beaumont produced 185,000 tonnes of methanol and 83,000 tonnes of ammonia in the second quarter of 2026 compared to 195,000 tonnes of methanol and 85,000 tonnes of ammonia in the first quarter of 2026. Beaumont's methanol production was lower as the plant was taken offline in early June to repair the cooling tower. The plant was offline for approximately 30 days and safely restarted during July. The Natgasoline plant produced 204,000 tonnes of methanol (Methanex share) in the second quarter of 2026 compared to 203,000 tonnes of methanol (Methanex share) in the first quarter of 2026. Canada Medicine Hat produced 143,000 tonnes in the second quarter of 2026 compared to 124,000 tonnes in the first quarter of 2026. Production was higher in the second quarter as the first quarter was impacted by an unplanned outage for repairs that were completed in the first quarter. Chile Chile produced 322,000 tonnes in the second quarter of 2026 compared to 398,000 tonnes in the first quarter of 2026. Production was lower in the second quarter compared to the first quarter as we shifted to operating one plant midway through the quarter due to the seasonal reduction of gas availability from Argentina. We have gas contracts in place with Chilean and Argentinean gas producers until 2030 and 2027, respectively, which underpin approximately 55% of the site's gas requirements year-round. While seasonality in production is expected to continue, we are seeing generally positive developments in natural gas availability to supply our Chile facilities. Egypt Egypt produced 330,000 tonnes (Methanex interest - 165,000 tonnes) in the second quarter of 2026 compared to 328,000 tonnes (Methanex interest - 164,000 tonnes) in the first quarter of 2026. Gas availability in Egypt is influenced by several factors, including domestic production levels, gas imports and seasonal demand fluctuations. We are monitoring the gas market closely and we may experience curtailments in the future, particularly in the summer months, depending on gas supply and demand dynamics in the domestic and international markets. New Zealand New Zealand produced 46,000 tonnes in the second quarter of 2026 compared to 158,000 tonnes in the first quarter of 2026. Production was lower in the second quarter as we took a planned winter outage to supply gas to the New Zealand electricity sector. The plant was restarted in July and is operating at reduced rates. Future production in New Zealand will be dependent on the performance of existing wells, future upstream development and any on-selling of gas into the electricity market to support the country's energy needs. Trinidad In Trinidad, the Titan plant produced 121,000 tonnes in the second quarter of 2026 compared to 215,000 tonnes in the first quarter of 2026. Production was lower in the second quarter as the plant experienced disruptions from unplanned outages in the quarter. On July 15 the plant ceased operations and we have commenced the process of indefinitely idling the facility. Outlook We expect our 2026 production to be approximately 9.0 million tonnes (Methanex interest) of methanol and 0.3 million tonnes of ammonia. Actual production may vary by quarter based on gas availability, turnarounds, unplanned outages and unanticipated events. Based on our July and August posted prices and assuming market conditions remain consistent in this volatile macro environment, we expect that our average realized price range will be approximately $460 to $485 per tonne for these two months. Based on a lower realized price and similar sales of produced methanol, we are expecting lower Adjusted EBITDA in the third quarter. CONFERENCE CALL A conference call is scheduled for July 29, 2026 at 11:00 am ET (8:00 am PT) to review these second quarter results. To access the call, dial the conferencing operator fifteen minutes prior to the start of the call at (647) 932-3411, or toll free at (800) 715-9871. The conference ID for the call is #2019292. A simultaneous audio-only webcast of the conference call can be accessed from our website at www.methanex.com/investor-relations/events and will also be available following the call. ABOUT METHANEX Methanex is a Vancouver-based, publicly traded company and is the world’s largest producer and supplier of methanol to customers globally. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol "MX" and on the Nasdaq Global Market in the United States under the trading symbol "MEOH". FORWARD-LOOKING INFORMATION WARNING This second quarter 2026 press release contains forward-looking statements with respect to us and the chemical industry. By its nature, forward-looking information is subject to numerous risks and uncertainties, some of which are beyond the Company's control. Readers are cautioned that undue reliance should not be placed on forward-looking information as actual results may vary materially from the forward-looking information. Methanex does not undertake to update, correct or revise any forward-looking information as a result of any new information, future events or otherwise, except as may be required by applicable law. Refer to Forward-Looking Information Warning in the second quarter 2026 Management's Discussion and Analysis for more information which is available from the Investor Relations section of our website at www.methanex.com, the Canadian Securities Administrators' SEDAR+ website at www.sedarplus.ca and on the United States Securities and Exchange Commission's EDGAR website at www.sec.gov. NON-GAAP MEASURES Throughout this document, the Company has used the terms Adjusted EBITDA, Adjusted net income, Adjusted net income per common share, and Adjusted Free Cash Flow. These items are non-GAAP measures and ratios that do not have any standardized meaning prescribed by GAAP. These measures represent the amounts that are attributable to Methanex Corporation shareholders and are calculated by excluding the mark-to-market impact of share-based compensation as a result of changes in our share price, the impact of the Egypt and New Zealand gas contract revaluations and the impact of certain items associated with specific identified events. Refer to Additional Information - Non-GAAP Measures on page 14 of the Company's MD&A for the period ended June 30, 2026 for reconciliations to the most comparable GAAP measures. Unless otherwise indicated, the financial information presented in this release is prepared in accordance with International Financial Reporting Standards ("IFRS") as issued by the International Accounting Standards Board ("IASB"). For further information, contact:Robert B. Winslow, CFAVice President, Investor RelationsMethanex Corporation604-661-2600

Methanex (MEOH) reported $1.4 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 75%. EPS of $3.87 for the same period compares to $0.97 a year ago. The reported revenue represents a surprise of -1.36% over the Zacks Consensus Estimate of $1.41 billion. With the consensus EPS estimate being $4.00, the EPS surprise was -3.25%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Methanex performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Sales volume in tonnes - Purchased methanol: 247.00 KTon compared to the 368.12 KTon average estimate based on three analysts. Sales volume in tonnes - Methanex-produced methanol: 2,151.00 KTon versus the three-analyst average estimate of 2,110.91 KTon. Sales volume in tonnes - Total: 2,555.00 KTon compared to the 2,612.73 KTon average estimate based on three analysts. Average realized methanol price ($/tonne): 529.00 $/Ton compared to the 517.29 $/Ton average estimate based on three analysts. Sales volume in tonnes - Commission sales: 157.00 KTon versus the three-analyst average estimate of 133.70 KTon. Production in tonnes - Canada (Medicine Hat): 143.00 KTon versus the two-analyst average estimate of 121.34 KTon. Production in tonnes - Total: 2,296.00 KTon versus the two-analyst average estimate of 2,270.13 KTon. Operating Capacity - New Zealand: 215.00 KTon versus 210.55 KTon estimated by two analysts on average. Operating Capacity - Chile: 425.00 KTon versus the two-analyst average estimate of 425.00 KTon. Operating Capacity - Canada (Medicine Hat): 140.00 KTon compared to the 138.00 KTon average estimate based on two analysts. Production in tonnes - Egypt (50% interest): 165.00 KTon versus the two-analyst average estimate of 121.68 KTon. Operating Capacity - Egypt (50% interest): 158.00 KTon versus the two-analyst average estimate of 157.75 KTon. View all Key Company Metrics for Methanex here>>> Shares of Methanex have returned +11% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Methanex Corporation (MEOH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Chemical companies’ second-quarter results are expected to reflect a recovery in demand in certain key markets and the end of customer inventory de-stocking. Improved demand in automotive and a rebound in construction end markets are likely to have supported their performance. The results of chemical makers are also likely to have been aided by effective self-help actions, including pricing, cost-saving and productivity improvement initiatives. We have handpicked a few chemical companies — The Chemours Company CC, Methanex Corporation MEOH, Avient Corporation AVNT, DuPont de Nemours, Inc. DD — which are set to beat earnings estimates this earnings season. Companies in the chemical space are expected to have benefited from an uptick in demand in certain major markets. The chemical industry bore the brunt of a demand slowdown and continued customer inventory de-stocking last year. The downturn in the key building & construction and consumer electronics markets played spoilsport. In North America, uncertainties surrounding the U.S. housing market have weighed on building & construction. Elevated borrowing costs and inflation took a bite out of the residential construction industry. The consumer electronics market, a key driver of demand for specialty chemicals and advanced materials, was among the hardest hit. Global electronics demand cooled amid high inflation, elevated interest rates and cautious consumer behavior. The automotive sector represents a crucial end market for chemical manufacturers. A decline in global vehicle production last year weighed on demand from this segment. Elevated interest rates, coupled with economic slowdown concerns and tariff-related uncertainties, further pressured the market. The automotive industry is expected to rebound this year, supported by accelerating electric vehicle adoption as governments worldwide advance carbon-neutral initiatives. Better affordability, robust demand for hybrid models and aggressive promotional incentives are expected to lift new vehicle sales. As production picks up, the recovery momentum is likely to strengthen through the year. Chemical companies are also seeing signs of a recovery in demand across the construction and electronics markets. Demand in healthcare and packaging markets also remains steady. On a further positive note, customer inventory destocking in building & construction and consumer durables has largely ended, leading to low inventory levels. This is expected to have led to an uptick in chemical demand and volumes.  Also, the benefits of strategic actions, including those to raise the selling prices of chemical products, cost-cutting and productivity improvement, operational efficiency enhancement, strategic acquisitions and actions to strengthen the balance sheet and boost cash flows, are expected to reflect on the performance of companies in this space in the June quarter.    Partly offsetting these tailwinds, chemical makers are likely to have faced challenges from raw-material and energy-cost inflation and supply-chain and freight-transportation disruptions. Tariffs have led to increased costs for raw materials, resulting in higher production expenses for the industry players. Moreover, the Middle East conflict and the blockade of the Strait of Hormuz have led to significant supply disruptions and feedstock cost pressure. The impacts of inflationary pressures are expected to have reflected on the margins of chemical companies in the second quarter. The chemical industry is housed within the broader Zacks Basic Materials sector.  Basic Materials is among the Zacks sectors that are expected to see double-digit growth in earnings for the second quarter. Overall earnings for the space are projected to increase 44.4% on 14.9% higher revenues, per the latest Earnings Trends. Given the large number of players operating in the chemical space, picking the right stocks is apparently not an easy task. But our proprietary methodology makes it fairly simple. One can trim the list with the combination of a favorable Zacks Rank — Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) — and a positive Zacks Earnings ESP. You can uncover the best stocks to buy or sell before they report with our Earnings ESP Filter.Earnings ESP — the percentage difference between the Most Accurate Estimate and the Zacks Consensus Estimate — is our proprietary methodology for determining stocks that have high chances of delivering earnings surprises in their next announcements. Our research shows that for stocks with this combination, the chance of a positive earnings surprise is as much as 70%. Below, we list four chemical stocks that have the right combination of elements to pull off an earnings surprise this time around:Chemours has an Earnings ESP of +27.17% and sports a Zacks Rank #1. The company is scheduled to report on Aug. 4.Chemours has a trailing four-quarter earnings surprise of roughly 69.8%, on average. The Zacks Consensus Estimate for second-quarter earnings stands at 43 cents. CC is expected to have benefited from seasonal volume strength in the quarter to be reported, driving top-line growth. Benefits from proactive cost-reduction and productivity initiatives aimed at supporting margin expansion are expected to reflect on its performance. Continued transition to Opteon Refrigerants and automotive Freon Refrigerant sales in North America are likely to have supported volume growth in the Thermal & Specialized Solutions segment. The Chemours Company price-eps-surprise | The Chemours Company Quote Methanex has an Earnings ESP of +0.06% and carries a Zacks Rank #2. It is slated to report on July 28. You can see the complete list of today’s Zacks #1 Rank stocks here.Methanex missed the Zacks Consensus Estimate in three of the trailing four quarters and beat once. The company has a trailing four-quarter negative earnings surprise of roughly 27.7%, on average. The Zacks Consensus Estimate for second-quarter earnings stands at 4 cents. MEOH is expected to have seen strong operating performance across its global production network, supported by improved natural gas availability in key regions and reliable contributions from newly acquired assets. Its production is likely to have been supported by additional output from Beaumont and Natgasoline, added from OCI’s methanol business acquisition. Higher realized methanol prices, aided by the supply disruptions stemming from the Middle East conflict, are also expected to have driven its top line and margins. Methanex Corporation price-eps-surprise | Methanex Corporation Quote Avient has an Earnings ESP of +0.87% and carries a Zacks Rank #2. The company is scheduled to report on Aug. 6.Avient surpassed the Zacks Consensus Estimate in each of the trailing four quarters at an average of 2.1%. The Zacks Consensus Estimate for earnings is pegged at 89 cents. AVNT is likely to have gained from the strength in sustainable solutions, cost-reduction actions and new business wins. Its mix toward defense, healthcare, telecom and chip packaging continues to support margins despite uneven volumes. Price/mix and productivity are expected to have contributed to margin expansion. Growth in healthcare and stable packaging are likely to have supported results. Avient Corporation price-eps-surprise | Avient Corporation Quote DuPont has an Earnings ESP of +0.25% and carries a Zacks Rank #3. It is slated to report on Aug. 4. DuPont surpassed the Zacks Consensus Estimate in each of the trailing four quarters. The company has a trailing four-quarter earnings surprise of roughly 8%, on average. The Zacks Consensus Estimate for second-quarter earnings stands at $1.76. DD’s second-quarter results are likely to have been supported by its innovation-driven investment, productivity actions and the contributions of acquisitions. Continued strength in healthcare and aerospace end markets is expected to have aided its performance. The benefits of its structural cost actions and strategic price increases are expected to reflect on its performance. DD continues to implement strategic price increases in the wake of raw material and energy cost inflation. DuPont de Nemours, Inc. price-eps-surprise | DuPont de Nemours, Inc. Quote Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DuPont de Nemours, Inc. (DD) : Free Stock Analysis Report Methanex Corporation (MEOH) : Free Stock Analysis Report The Chemours Company (CC) : Free Stock Analysis Report Avient Corporation (AVNT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Wall Street expects a year-over-year increase in earnings on higher revenues when Methanex (MEOH) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on July 28, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This methanol supplier is expected to post quarterly earnings of $4.00 per share in its upcoming report, which represents a year-over-year change of +312.4%. Revenues are expected to be $1.41 billion, up 77.4% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 13.87% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Methanex, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.06%. On the other hand, the stock currently carries a Zacks Rank of #2. So, this combination indicates that Methanex will most likely beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Methanex would post earnings of $0.47 per share when it actually produced earnings of $0.30, delivering a surprise of -36.17%. Over the last four quarters, the company has beaten consensus EPS estimates just once. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Methanex appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Among the stocks in the Zacks Chemical - Diversified industry, Dow Inc. (DOW), is soon expected to post earnings of $1.25 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +397.6%. This quarter's revenue is expected to be $12.01 billion, up 18.8% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for Dow Inc. has been revised 10.5% down to the current level. Nevertheless, the company now has an Earnings ESP of -3.63%, reflecting a lower Most Accurate Estimate. When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Dow Inc. will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Methanex Corporation (MEOH) : Free Stock Analysis Report Dow Inc. (DOW) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Methanex (TSX:MX) has attracted fresh attention after tighter global methanol supply, partly linked to disruptions in the Middle East, coincided with higher earnings estimates and stronger profitability expectations across the Basic Materials sector. See our latest analysis for Methanex. At a share price of CA$83.11, Methanex has logged a 48.49% year to date share price return and a 72.88% 1 year total shareholder return. Recent gains have been linked to tighter methanol supply and the completed OCI acquisition in Texas, although the 30 day share price return of 4.79% indicates some cooling in short term momentum. If you are looking beyond methanol and commodity plays, this could be a useful moment to broaden your watchlist with 8 top copper producer stocks With Methanex up sharply over the past year and its intrinsic value estimate suggesting a discount of about 62%, the key question now is whether the stock still offers mispriced upside or if the market is already pricing in future growth. Against a last close of CA$83.11, the most followed narrative sees fair value at CA$70.59, pointing to a premium that hinges on specific growth and margin assumptions. Read the complete narrative. Curious what has to happen for this valuation to add up? The narrative leans heavily on faster earnings, richer margins and a higher future profit multiple. The exact mix of those drivers is where the story gets interesting. Result: Fair Value of CA$70.59 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, gas supply issues at key sites, or a tougher OCI integration, could quickly pressure production, costs and the growth assumptions behind this fair value story. Find out about the key risks to this Methanex narrative. That 18% overvalued fair value narrative sits awkwardly beside the preferred valuation checks, which show Methanex trading at roughly 1.3x P/S against both a 1.3x fair ratio and a 1.3x industry average. In plain terms, the stock looks closer to fairly priced here than the headline premium suggests. Which lens do you trust more? See what the numbers say about this price — find out in our valuation breakdown. All this mixed sentiment only matters if you compare it with the numbers yourself, so review the signals promptly and determine whether Methanex still fits your thesis with 3 key rewards and 2 important warning signs If Methanex is already on your radar, do not stop there. Broaden your opportunity set now so you are not the last to spot the next idea. Target potential mispricings by scanning 8 high quality undervalued stocks that combine reasonable valuations with solid fundamentals. Strengthen your income focus by reviewing 6 dividend fortresses that aim to pair higher yields with resilient cash flows. Prioritize resilience by checking 11 resilient stocks with low risk scores designed to limit downside while still keeping your portfolio working. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include MX.TO. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]