Methanex announces USD 300 million redemption: UBS raises target for Methanex stock

Published on 10/01/2026 at 17:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 1.40 billion, up 75.00 percent year over year. Methanex stock costs EUR 51.56 on October 1, 2026, with a EUR 51.34 bid.

MEOH, CA59151K1084, Illustration mit AI erstellt.

Methanex Corporation (CA59151K1084) announced on September 21, 2026, that it would redeem USD 300.0 million of senior notes due in 2027 on October 19, 2026, according to FinanzNachrichten. On July 31, 2026, UBS raised its target from USD 70.00 to USD 71.00 and maintained a Buy rating, as MarketBeat reported.

Debt reduction meets stronger cash flow

The redemption follows Methanex's repayment of the remaining USD 290.0 million Term Loan A balance during the second quarter of 2026. The company ended that quarter with USD 382.9 million in cash and generated USD 439.5 million of operating cash flow.

Management's second-quarter 2026 results show the scale of the improvement. Revenue reached USD 1.40 billion, up 75.00 percent from the prior-year quarter, while diluted earnings per share came to USD 2.45. The reported revenue and earnings figures are also reflected in the latest financial statements.

Pricing remains the key swing factor

In the second quarter of 2026, Methanex's average realized methanol price reached USD 529.00 per ton, while adjusted EBITDA totaled USD 577.0 million, according to the company's earnings-call transcript published by Yahoo Finance on July 29, 2026.

The same call set a July and August realized-price range of USD 460.00 to USD 485.00 per ton, below the USD 529.00 second-quarter level. That comparison points to a potentially softer third quarter even as the balance sheet benefits from elevated operating cash flow.

Stock price and next results date

Methanex stock was trading at EUR 51.56 at Lang & Schwarz on October 1, 2026 at 4:59 p.m. CEST. The bid was EUR 51.34 and the ask was EUR 51.78. On Nasdaq, MEOH was trading at USD 57.93 at 11:00 a.m. EDT on October 1, 2026, with a market capitalization of USD 4.5 billion and a 52-week range of USD 32.00 to USD 66.75.

Methanex lists its next earnings release for October 29, 2026, with the earnings call scheduled for October 30, 2026, on its Methanex investor-relations page.