Methanex Corp（MEOH）资讯与事件MEOHMethanex Corp

Company Reports Q2 Revenue of $1.395B, Below Consensus

Reports Q2 revenue $1.395B, consensus $1.45B.

Methanex Suspends Trinidad Natural Gas Contract

Methanex announced that it has been unable to agree to a new natural gas contract for its Titan methanol plant in Trinidad and Tobago and, as a result, will begin the process of indefinitely idling the facility. Titan's existing natural gas contract expires in the third quarter of 2026. Methanex will undertake a preservation process at the Titan plant to provide optionality for a future restart should conditions materially improve. The Atlas methanol plant, a joint venture in which Methanex holds a 63.1% economic interest, remains indefinitely idled in a preserved state. Rich Sumner, President and CEO, Methanex Corporation, stated, "We have a long history in Trinidad and Tobago with an outstanding organization that has played an important role in our company's history. This difficult decision reflects our focus on preserving long-term shareholder value in a challenging environment where the structurally tight gas supply and demand balances in Trinidad and Tobago are making operations commercially unviable. Ahead of this decision, we engaged extensively with the Government of Trinidad and Tobago and the National Gas Company of Trinidad and Tobago, and we recognize and appreciate their ongoing efforts to address the country's gas supply challenges. We will monitor future developments closely, with a view to reassessing conditions and our position over the coming years. We are now focused on supporting our team members during this challenging period and safely idling and preserving the facility." Titan is not currently contributing to the company's adjusted EBITDA and adjusted free cash flow. Methanex does not expect to incur material cash costs as a result of this decision and any updates to production or financial guidance will be released with Methanex's regular second quarter financial communications scheduled for July 28.

OCI Global Authorizes Management to Consider Selling Methanex Shares

OCI Global provided the following update regarding its shareholding in Methanex. The company said, "Since OCI's H2 2025 earnings announcement on 16 March 2026, trading volumes in Methanex shares have increased significantly, which may provide additional flexibility with respect to potential future disposals. In light of these evolving circumstances, among other factors, the Board has authorized management to consider selling Methanex shares from time to time, as and when it determines appropriate."