Methanex Corporation (TSX: MX)

Canada flag Canada · Delayed Price · Currency is CAD
62.12
+0.03 (0.05%)
Nov 20, 2024, 4:00 PM EST
3.07%
Market Cap 4.19B
Revenue (ttm) 4.99B
Net Income (ttm) 205.89M
Shares Out 67.39M
EPS (ttm) 2.87
PE Ratio 21.66
Forward PE 11.84
Dividend 1.04 (1.67%)
Ex-Dividend Date Sep 16, 2024
Volume 77,845
Open 62.40
Previous Close 62.09
Day's Range 61.50 - 62.84
52-Week Range 49.21 - 74.25
Beta 1.80
Analysts n/a
Price Target n/a
Earnings Date Nov 6, 2024

About Methanex

Methanex Corporation produces and supplies methanol in China, Europe, the United States, South America, South Korea, Canada, and Asia. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities. The company owns and manages a fleet of approximately 30 ocean-going vessels. It serves chemical and petrochemical producers. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada. [Read more]

Industry Chemicals
Sector Materials
Founded 1968
Employees 1,451
Stock Exchange Toronto Stock Exchange
Ticker Symbol MX
Full Company Profile

Financial Performance

In 2023, Methanex's revenue was $3.72 billion, a decrease of -13.63% compared to the previous year's $4.31 billion. Earnings were $174.14 million, a decrease of -50.78%.

Financial numbers in USD Financial Statements

News

Methanex's subsidiary announces $500M debt offering via issuance of senior unsecured notes

Methanex (MEOH) said that its wholly-owned subsidiary, Methanex US Operations Inc., has launched an offering of $500 million principal amount of senior unsecured notes due 2032 in a

1 day ago - Seeking Alpha

Methanex Announces Offering of Senior Unsecured Notes

VANCOUVER, British Columbia, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) (“Methanex”) announced today that its wholly-owned subsidiary, Methanex US Operations Inc., h...

1 day ago - GlobeNewsWire

Methanex Corp (MEOH) Trading 3.35% Higher on Nov 19

Methanex Corp (MEOH) Trading 3.35% Higher on Nov 19

2 days ago - GuruFocus

Methanex Corporation (MEOH) Q3 2024 Earnings Call Transcript

Methanex Corporation (NASDAQ:MEOH) Q3 2024 Earnings Call Transcript November 7, 2024 11:00 AM ET Company Participants Sarah Herriott - Director of Investor Relations Rich Sumner - President and Chief...

12 days ago - Seeking Alpha

Q3 2024 Methanex Corp Earnings Call Transcript

Q3 2024 Methanex Corp Earnings Call Transcript

13 days ago - GuruFocus

Methanex Reports Third Quarter 2024 Results

Except where otherwise noted, all currency amounts are stated in United States dollars. Financial and Production Highlights Net income attributable to Methanex shareholders of $31 million and Adjusted...

14 days ago - GlobeNewsWire

Exploring Methanex's Earnings Expectations

Methanex (NASDAQ: MEOH) is set to give its latest quarterly earnings report on Wednesday, 2024-11-06. Here's what investors need to know before the announcement. Analysts estimate that Methanex will ...

15 days ago - Benzinga

Methanex Corporation Announces Successful Syndication of Acquisition Financing

VANCOUVER, British Columbia, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) (“Company”) announced today the successful syndication of acquisition financing to support th...

22 days ago - GlobeNewsWire

Another blow for industry- Methanex proposes idling one plant indefinitely, job cuts

In another blow for industry in New Zealand, Methanex , the countrys largest gas user , has proposed shedding staff and moving from a two-plant operation to...

2 months ago - NZ Herald

Methanex: Becoming A Methanol Giant

Methanex produced 6.6 million tons of methanol in 2023, up nearly 9% from the year before. Find out more on MEOH stock here.

2 months ago - Seeking Alpha

Methanex Analyst Says $2B Acquisition Will Be An Overhang On Shares

Methanex have been on a downtrend since the company announced it had inked a $2-billion deal to buy OCI Global's methanol business. Latest Ratings ... Full story available on Benzinga.com

2 months ago - Benzinga

Methanex Analyst Says $2B Acquisition Will Be An Overhang On Shares

Shares of Methanex Corp MEOH have been on a downtrend since the company announced it had inked a definitive agreement to buy OCI Global‘s international methanol business.

2 months ago - Benzinga

US Stocks Higher; Dow Surges Over 200 Points

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 200 points on Monday. Following the market opening Friday, the Dow traded up 0.58% to 40,581.00 while the NASDAQ rose...

2 months ago - Benzinga

Abu Dhabis Alpha Dhabi to exit its 11% stake in OCIs methanol business following Methanex acquisition

The ADX-listed investment conglomerate said the move will be part of the transaction, set to close in 2025

2 months ago - Zawya

Methanex To Buy OCI's International Methanol Business For $2.05B: Details

Methanex to acquire OCI Global's international ... Full story available on Benzinga.com

2 months ago - Benzinga

Sawiris-backed OCI sells global methanol business to Canada's Methanex for $2bln

The enterprise value to be paid through a combination of $1.15 billion of cash and the issuance of 9.9 million of common shares of Methanex

2 months ago - Zawya

Methanex to acquire OCI's methanol business in $2.05 bln deal

Canadian methanol producer Methanex said on Sunday it will acquire Dutch green fuel-maker OCI Global's methanol business in a $2.05 billion deal.

2 months ago - Reuters

OCI Sells Methanol Business to Methanex in $2 Billion Deal

Dutch chemicals company OCI NV agreed to sell its methanol business to Methanex Corp. in a deal worth more than $2 billion.

2 months ago - BNN Bloomberg

Methanex Corporation Signs Definitive Agreement to Acquire OCI Global's International Methanol Business for $2.05 Billion

Except where otherwise noted, all currency amounts are stated in United States dollars. Unique opportunity to acquire world-scale producing methanol assets with access to robust North American natural...

2 months ago - Benzinga

Methanex Corporation Signs Definitive Agreement to Acquire OCI Global's International Methanol Business for $2.05 Billion

Except where otherwise noted, all currency amounts are stated in United States dollars. Unique opportunity to acquire world-scale producing methanol assets with access to robust North American natural...

2 months ago - GlobeNewsWire

OCI Global Announces Agreement for the Sale of its Global Methanol Business to Methanex

OCI Global ("OCI", the "Company") has entered into a binding equity purchase agreement for the sale of 100% of its equity interests in its Global Methanol Business ("OCI Methanol") to Methanex Corpora...

2 months ago - PRNewsWire

Methanex sells contracted natural gas for more than it can earn making methanol

Methanex will bolster its profits through selling rather than using its gas supply.

3 months ago - NZ Herald