Investor Presentation October 2023
Consistent capital allocation
priorities balancing growth
and shareholder returns
To manage cyclicality and maintain a strong
and flexible balance sheet we:
1. Target higher cash balances: maintain a
minimum of $300M cash
2. Target lower leverage: target 2-3x
3.
debt/EBITDA at $300 - $350/tonne average
realized price; next debt maturity in
December 2024 ($300M) which we plan to
retire
Continue shareholder distributions: return
excess cash to shareholders through a
sustainable dividend and greater weighting
on flexible share buybacks.
Maintain our business
Sustaining capital (~$150M),
debt service (~$140M) and
principal lease payments
(~$75M)
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Methanex | The Global Methanol Leader | Investor Presentation February 2024
Shareholder distributions
Strong track record of returning
excess cash to shareholders.
Returned $2.4B since 2013
through dividend and share
repurchases
Profitable growth
Pursue value accretive
conventional and low-carbon
growth opportunities which
will enhance cash flow
generation capability
methanex
the power of agilityView entire presentation