Methanex Corp Files 6-K for Q3 2025

TL;DR

Methanex Corp (MEOH) filed its Q3 2025 6-K, standard foreign issuer report.

AI Summary

Methanex Corporation filed a Form 6-K on October 30, 2025, reporting for the period ending September 30, 2025. The filing is a report of a foreign private issuer and indicates Methanex Corporation is incorporated in Canada. The company's principal executive offices are located in Vancouver, BC.

Why It Matters

This filing provides an update on Methanex Corporation's financial reporting as a foreign private issuer, relevant for investors tracking the company's regulatory disclosures.

Risk Assessment

Risk Level: low — This filing is a routine regulatory disclosure for a foreign private issuer and does not contain new material financial information or significant corporate events.

Key Players & Entities

• Methanex Corporation (company) — Registrant
• 0000886977-25-000009 (filing_id) — Accession Number
• 20251030 (date) — Filing Date
• 20250930 (date) — Period of Report
• Vancouver, BC (location) — Principal Executive Offices

FAQ

Key Financial Figures

• $191 m — the third quarter. Adjusted EBITDA of $191 million, Adjusted net income of $5 millio
• $5 m — of $191 million, Adjusted net income of $5 million, and net loss attributable to Met
• $7 million — ttributable to Methanex shareholders of $7 million in the third quarter. Our average reali
• $345 — realized price in the third quarter was $345 per tonne compared to $374 per tonne in
• $374 — quarter was $345 per tonne compared to $374 per tonne in the second quarter of 2025
• $184 million — availability from Argentina. Generated $184 million in cash from operations and repaid $125
• $125 million — lion in cash from operations and repaid $125 million of our Term Loan A in line with our goa
• $14.3 million — e balance sheet. In the third quarter, $14.3 million was returned to shareholders through re
• $413 million — idends. We ended the third quarter with $413 million in cash. VANCOUVER, BRITISH COLUMBIA -
• $0.09 — to Methanex shareholders of $7 million ($0.09 net loss per common share on a diluted
• $64 million — iluted basis) compared to net income of $64 million ($0.93 net income per common share on a
• $0.93 — compared to net income of $64 million ($0.93 net income per common share on a dilute
• $191 million — BITDA for the third quarter of 2025 was $191 million and Adjusted net income was $5 million
• $5 million — 191 million and Adjusted net income was $5 million ($0.06 Adjusted net income per common s
• $0.06 — and Adjusted net income was $5 million ($0.06 Adjusted net income per common share).

Filing Documents

• mdafsnotes_q32025.htm (6-K) — 1540KB
• mx_logoa07.jpg (GRAPHIC) — 43KB
• 0000886977-25-000009.txt ( ) — 1595KB

Management's Discussion and Analysis for the

Management's Discussion and Analysis for the Three and Nine Months Ended September 30, 2025 At October 28, 2025 the Company had 77,339,520 common shares issued and outstanding and stock options exercisable for 1,336,707 additional common shares. THIRD QUARTER MANAGEMENT'S DISCUSSION AND ANALYSIS (MDA) Except where otherwise noted, all currency amounts are stated in United States dollars. This Third Quarter 2025 Management's Discussion and Analysis dated October 29, 2025 for Methanex Corporation (the Company) should be read in conjunction with the Company's unaudited condensed consolidated interim financial statements for the period ended September 30, 2025 as well as the 2024 Annual Consolidated Financial Statements and MDA included in the Methanex 2024 Annual Report. Unless otherwise indicated, the financial information presented in this interim report is prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB). The Methanex 2024 Annual Report and additional information relating to Methanex is available on our website at www.methanex.com, the Canadian Securities Administrators' SEDAR+ website at www.sedarplus.ca and on the United States Securities and Exchange Commission's EDGAR website at www.sec.gov . METHANEX CORPORATION 2025 THIRD QUARTER

MANAGEMENT'S DISCUSSION AND ANALYSIS PAGE 1

MANAGEMENT'S DISCUSSION AND ANALYSIS PAGE 1 FINANCIAL AND OPERATIONAL DATA Three Months Ended Nine Months Ended ($ millions except per share amounts and where noted) Sep 30 2025 Jun 30 2025 Sep 30 2024 Sep 30 2025 Sep 30 2024 Production (thousands of tonnes) (attributable to Methanex shareholders) 1 2,212 1,621 1,347 5,452 4,490 Sales volume (thousands of tonnes) Methanex-produced methanol 1,891 1,528 1,378 5,122 4,639 Purchased methanol 488 451 987 1,321 2,560 Commission sales 97 154 258 383 706 Total methanol sales volume 2,476 2,133 2,623 6,826 7,905 Methanex average non-discounted posted price ($ per tonne) 2 578 605 519 606 496 Average realized price ($ per tonne) 3 345 374 356 373 350 Revenue 927 797 935 2,620 2,771 Net income (loss) (attributable to Methanex shareholders) (7) 64 31 169 119 Adjusted net income 4 5 66 82 159 168 Adjusted EBITDA 4 191 183 216 622 540 Cash flows from operating activities 184 277 210 776 456 Basic net income (loss) per common share (0.09) 0.95 0.46 2.38 1.77 Diluted net income (loss) per common share (0.09) 0.93 0.35 2.21 1.62 Adjusted net income per common share 4 0.06 0.97 1.21 2.23 2.48 Common share information (millions of shares) Weighted average number of common shares 77 68 67 71 67 Diluted weighted average number of common shares 77 68 68 71 68 Number of common shares outstanding, end of period 77 77 67 77 67 1 Methanex-produced methanol represents our equity share of methanol volume produced at our facilities and excludes volume marketed on a commission basis related to the 36.9% of the Atlas facility and 50% of the Egypt facility that we do not own. 2 Methanex average non-discounted posted price represents the average of our non-discounted posted prices in North America, Europe, China and Asia Pacific weighted by total methanol sales volume. Current and historical pricing information is available at www.methanex.com . 3 The Company has used Average realized price (ARP) throughout

MANAGEMENT'S DISCUSSION AND ANALYSIS PAGE 2

MANAGEMENT'S DISCUSSION AND ANALYSIS PAGE 2 FINANCIAL AND OPERATIONAL HIGHLIGHTS A reconciliation from net income attributable to Methanex shareholders to Adjusted net income and the calculation of Adjusted net income per common share is as follows Three Months Ended Nine Months Ended ($ millions except number of shares and per share amounts) Sep 30 2025 Jun 30 2025 Sep 30 2024 Sep 30 2025 Sep 30 2024 Net income (loss) attributable to Methanex shareholders $ (7) $ 64 $ 31 $ 169 $ 119 Mark-to-market impact of share-based compensation, net of tax 11 (4) (15) (19) (17) Mark-to-market impact of gas contract revaluations, net of tax 1 6 (24) 9 (24) Asset impairment charge, net of tax — — 90 — 90 Adjusted net income 1 $ 5 $ 66 $ 82 $ 159 $ 168 Diluted weighted average shares outstanding (millions) 77 68 68 71 68 Adjusted net income per common share 1 $ 0.06 $ 0.97 $ 1.21 $ 2.23 $ 2.48 1 The Company has used the terms Adjusted EBITDA, Adjusted net income and Adjusted net income per common share throughout this document. These items are non-GAAP measures and ratios that do not have any standardized meaning prescribed by GAAP and therefore are unlikely to be comparable to similar measures presented by other companies. Refer to Additional Information - Non-GAAP Measures on page 16 of the MDA for reconciliations to the most comparable GAAP measures. We recorded net loss attributable to Methanex shareholders of $7 million in the third quarter of 2025 compared to net income of $64 million in the second quarter of 2025. Net income in the third quarter of 2025 was lower compared to the prior quarter primarily due to a lower average realized price, the mark-to-market impact of share based compensation, lower New Zealand gas sale net proceeds, higher depreciation and higher finance costs, partially offset by higher sales of produced product. We sold 2,476,000 tonnes of methanol in the third quarter of 2025 compared to 2,133,000 tonnes of methanol in the second

MANAGEMENT'S DISCUSSION AND ANALYSIS PAGE 3

MANAGEMENT'S DISCUSSION AND ANALYSIS PAGE 3 PRODUCTION HIGHLIGHTS Q3 2025 Q2 2025 Q3 2024 YTD Q3 2025 YTD Q3 2024 (thousands of tonnes) Operating Capacity 1 Production Production Production Production Production USA Geismar 1,000 931 829 605 2,377 1,690 Beaumont 2 228 239 11 — 250 — Natgasoline (50% interest) 2 213 222 10 — 232 — Chile 425 224 295 173 948 793 Trinidad 3 215 203 216 262 556 751 New Zealand 4 215 123 53 72 336 527 Egypt (50% interest) 158 130 124 93 390 305 Canada (Medicine Hat) 140 140 83 142 363 424 Total Methanol Production 2,594 2,212 1,621 1,347 5,452 4,490 Beaumont Ammonia 5 85 88 4 — 92 — Total Production 2,679 2,300 1,625 1,347 5,544 4,490 1 The operating capacity of our production facilities may be higher or lower than original nameplate capacity as, over time, these figures have been adjusted to reflect ongoing operating efficiencies at these facilities. Actual production for a facility in any given year may be higher or lower than operating capacity due to a number of factors, including natural gas availability, feedstock composition, the age of the faci

View Full Filing

View this 6-K filing on SEC EDGAR