The Globe and Mail reports in its Tuesday edition that RBC Dominion Securities analyst Nelson Ng has raised his earnings expectations for Methanex through fiscal 2027. The Globe's David Leeder writes that Mr. Ng maintains his forecast for strong cash flows, which are expected to be supported by the ongoing contributions from the OCI asset acquisition at current methanol prices. Additionally, Mr. Ng says there is potential for even higher cash flows if methanol prices increase. Mr. Ng is keeping his "outperform" call and $50 share target for Methanex intact (all figures U.S.). Analysts on average target the shares at $49.67. Mr. Ng says in a note, "We continue to believe the company should make sufficient progress on deleveraging to enable share buybacks beginning in H2/26." In a client report, Mr. Ng moved his adjusted earnings per share projections for 2026 and 2027 to $2.92 and $4.27, from $2.18 and $3.48, after updating his model to incorporate several recent developments including a potential one-month outage at its Chilean facilities following a Dec. 19 pipeline fire at ENAP's Posesion natural gas plant in Magallanes, Chile, which could leave its facilities in the country offline through the middle of January.
© 2026 Canjex Publishing Ltd. All rights reserved.