Investor Presentation March 2024
2024 Modeling Information
Financial profile (Methanex share)
Sales mix
~$75M
~$395M
Lease Principal Payments
Depreciation + Amortization
35%
China
~$140M
~25%
Interest Expense
Effective tax rate
20%
Asia Pacific
(ex. China)
25%
Americas
20%
Europe
2024 Capital expenditures
~$130M
~$150M ~$110M
CAPEX includes
pre-spending for
Run-rate
2025 turnarounds
sustaining
CAPEX 2025+
2024E Production
Remaining
G3 CAPEX (cash basis)
assuming $1.30B budget
Gas cost structure
~35 mmbtu/MT
Portfolio efficiency
~70%
Near-term gas hedge position in North America
~$4.00/mmbtu²
Avg. gas cost at $400/MT with Henry Hub
forward curve of ~$3.50/mmbtu
~50%
Gas costs linked to Average Realized Price (ARP)³
1
Turnaround impacting
Q2 2024
~8.1 mmt
equity production¹
1. Assumes Chile production at 1.1-1.2 mmt, New Zealand at 1.0-1.1 mmt, Egypt operating at full rates Q2 to Q4, and G3 start up in
February. All other plants assumed at full operating rates. Guidance will be updated in April 2024 for G3 timing.
2. $50/MT change in average realized price (ARP) impacts portfolio gas cost/MT by ~$7.
3. Average realized price is calculated as revenue divided by the total sales volume.
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Methanex | The Global Methanol Leader | Investor Presentation March 2024
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