Methanex MEOH Posts Record Quarter but Warns Prices Are Fading
As seen on the 24/7 Wall St. homepage on July 28, 2026.
Methanex slipped past consensus on earnings and revenue, but the world's largest methanol supplier just posted its best quarter ever on $529/tonne pricing as Middle East supply disruptions squeezed global volumes. The catch: management warns prices are already rolling over to $460-$485 in Q3, signaling the commodity windfall is fading fast.
Continue ReadingShow less
Methanex reported Q2 2026 EPS of $3.87 against a consensus estimate of roughly $4.01, a miss of about 3.5%, and revenue of $1.395 billion fell short of the $1.447 billion analysts had penciled in. Even so, the quarter stands as the company's best ever, powered by methanol pricing that reached $529 per tonne as supply disruptions in the Middle East tightened global availability and sent volumes through Methanex's favor.
That record revenue of $1.395 billion marks a sharp jump from the $973.7 million Methanex posted just one quarter earlier in Q1 2026, and it dwarfs the $796.5 million trough seen in Q2 2025. The trajectory over the past several quarters had already been climbing — Q4 2025 came in at $968.8 million — making the Q2 2026 spike look all the more dramatic in context.
Disclosure
*$149 for two years (or $1.43 per week) is an introductory promotion for new members only. 62% discount based on the current list price of Stock Advisor of $199/year. Membership will renew at the then-current list price at the end of the membership term. Stock Advisor returns are 930% as compared to the S&P 500 returns of 185% as of April 7, 2026.
The same investor newsletter that told subscribers to buy Amazon in 2002, Netflix in 2004, and Nvidia in 2005 still publishes two new stock picks every month. Over 23 years, Motley Fool's Stock Advisor has more than quadrupled the S&P 500. New members get this month's picks, the Top 10 Rankings, and a 30-day money-back guarantee. Click here to unlock their next top stocks while new members are still being accepted.
The forward picture is considerably cooler. Management has guided that methanol prices are already pulling back, with Q3 2026 realizations expected to land in the $460–$485 per tonne range, well below the $529 that fueled the record quarter. Investors will be watching whether demand recovers enough to arrest that slide or whether the commodity tailwind that drove the blowout result continues to unwind.
Mentioned: MEOH