OCI stock trades on a 2026 earnings reset

OCI stock (OCI N.V., ISIN NL0010558797) is shaped by a 2026 earnings reset that sits on top of full-year 2024 results of $4.90 billion in revenue, $770.7 million in EBITDA and a $774.0 million net loss. The Dutch fertilizer and chemicals group said on 16 July 2026 that it agreed to sell its international methanol business to Methanex for $1.6 billion in cash, a transaction that adds a fresh valuation marker to the shares.

2024 loss and 2026 deal

OCI reported $4.90 billion in 2024 revenue, down from $5.14 billion in 2023, while EBITDA declined to $770.7 million from $1.13 billion a year earlier. Net loss widened to $774.0 million in 2024 from $368.0 million in 2023, and the gap between revenue and earnings underlines how sensitive the company remains to fertilizer and methanol pricing.

The 16 July 2026 transaction gives the market another point of reference: OCI investor relations said the international methanol business will be sold for $1.6 billion in cash to Methanex. That is a concrete asset value against a business that contributed to a 2024 EBITDA base of $770.7 million.

$1.6 billion asset value

The cash consideration is larger than OCI's reported 2024 EBITDA, which gives investors a simple way to frame the divestment. The comparison is not a valuation model, but it does show that the methanol exit is material relative to the group's latest disclosed operating profit.

OCI also said in its annual report that adjusted EBITDA remained positive at $770.7 million in 2024 despite the net loss, which suggests the company still has operating earnings power even as accounting charges and price pressure weigh on bottom-line results. The 2024 revenue decline of $240 million year on year and the EBITDA decline of about 31.9% from $1.13 billion to $770.7 million are the clearest reference points for the current debate.

Methanol sale shapes focus

The methanol sale matters because it can reshape OCI's portfolio around nitrogen and fertilizer exposure rather than a broader chemicals mix. For the stock, the important point is not only the cash proceeds, but also the way the transaction narrows the earnings base toward the segments that remain after the disposal.

OCI's 2024 figures already show how much the market has to weigh: revenue of $4.90 billion, EBITDA of $770.7 million and a net loss of $774.0 million. Against that backdrop, the $1.6 billion deal value gives the stock a concrete reference point for the value of the asset being sold.

Fertilizer core remains

The group remains tied to ammonia, nitrogen and fertilizer demand, and that business is the part investors will now compare more directly with the cash proceeds from the methanol exit. In 2024, OCI still generated $770.7 million of EBITDA, which indicates that the remaining portfolio has earnings capacity even after a difficult pricing cycle.

The same report showed a 2024 net loss of $774.0 million, so the path from EBITDA to bottom-line profit still depends on financing costs, depreciation and other non-cash charges. That makes the post-divestment capital structure and operating mix the key variables rather than a single quarter's result.

Product focus: ammonia

Ammonia is the clearest representative product in OCI's remaining industrial base, because it sits at the center of nitrogen fertilizer production and industrial applications. The product line matters now because the business is being reweighted toward the core operations that should define future EBITDA after the methanol sale.

That shift is easier to read when set against the latest numbers: $4.90 billion in 2024 revenue, $770.7 million in EBITDA and a $1.6 billion transaction value disclosed on 16 July 2026. The product story is therefore linked to a very concrete balance-sheet and portfolio story.

Stock level and venue

OCI N.V. is listed in Amsterdam, and the current stock story centers on how investors price the 16 July 2026 methanol disposal against the 2024 earnings base. The most useful reference points in the public record are the $1.6 billion sale value, the $770.7 million EBITDA figure and the $774.0 million net loss.

Those numbers frame the stock without needing a speculative price call. They also show why OCI remains a portfolio and earnings story rather than a simple momentum trade.