- Methanex press release ( NASDAQ: MEOH ): Q4 Non-GAAP EPS of $0.73 beats by $0.34 .
- Revenue of $986M (-21.1% Y/Y) beats by $99.32M .
- Adjusted EBITDA of $160M in the fourth quarter.
- The average realized price in the fourth quarter was $373 per tonne compared to $377 per tonne in the third quarter of 2022.
- Rich Sumner, President & CEO of Methanex, said, "Looking forward to 2023 we see continued balanced supply/demand fundamentals with a high energy price environment supporting the methanol cost curve and demand. We are well-positioned with our strong balance sheet and high level of liquidity to navigate any macro economic uncertainty. I look forward to continuing to advance our strategy of market leadership and unlocking additional value with the team in the coming years."
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Methanex Non-GAAP EPS of $0.73 beats by $0.34, revenue of $986M beats by $99.32M