Globenewswire·2026-03-05 22:00Core Viewpoint - Methanex reported a significant net loss of $89 million for Q4 2025, primarily due to an asset impairment charge and lower average realized prices, despite achieving a strong production volume and operational performance throughout the year [3][4][28]. Financial Performance - For Q4 2025, Methanex's net loss attributable to shareholders was $89 million ($1.15 per share), compared to a net loss of $7 million ($0.09 per share) in Q3 2025 [3][28]. - Adjusted EBITDA for Q4 2025 was $186 million, a slight decrease from $191 million in Q3 2025 [29]. - The company reported a full-year net income of $80 million for 2025, with total cash flows from operating activities amounting to $1,016 million [7][28]. Production and Sales - Methanex produced 2,364,000 tonnes of methanol in Q4 2025, an increase from 2,212,000 tonnes in Q3 2025, driven by higher production in Chile [7][14]. - Total methanol sales volume for Q4 2025 was 2,689,000 tonnes, up from 2,476,000 tonnes in Q3 2025, with Methanex-produced methanol sales reaching 2,390,000 tonnes [6][14]. - The average realized price for methanol in Q4 2025 was $331 per tonne, down from $345 per tonne in Q3 2025 [8][35]. Operational Highlights - The company achieved its best two-year safety performance in history and successfully integrated the acquired OCI Global's methanol business [4]. - Methanex ended 2025 with a cash balance of $425 million and repaid $200 million of its Term Loan A, aligning with its deleveraging strategy [7][14]. Market Outlook - Methanex anticipates production of approximately 9.0 million tonnes of methanol in 2026, with expectations for a slightly higher Adjusted EBITDA in Q1 2026 compared to Q4 2025 [26][27].