Investor Presentation October 2023
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)
Capital expenditures
~$130M
~$150M ~$60-110M
2024 CAPEX includes Run-rate
pre-spending for
sustaining
2025 turnarounds
CAPEX 2025+
2024 remaining
G3 CAPEX (cash basis)
as of Q4 2023
Gas cost structure
~35 mmbtu/MT
Portfolio efficiency
2024E Production
1
Turnaround impacting
Q2 2024
25%
Americas
20%
Europe
~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
~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.
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.
26
Methanex | The Global Methanol Leader | Investor Presentation February 2024
methanex
the power of agilityView entire presentation