Methanex Corporation (MEOH)

NASDAQ: MEOH · IEX Real-Time Price · USD
44.63
-0.38 (-0.84%)
Mar 28, 2024, 4:00 PM EDT - Market closed
-0.84%
Market Cap 3.03B
Revenue (ttm) 3.72B
Net Income (ttm) 174.14M
Shares Out 67.39M
EPS (ttm) 2.57
PE Ratio 17.38
Forward PE 14.23
Dividend $0.74 (1.66%)
Ex-Dividend Date Mar 13, 2024
Volume 360,204
Open 45.00
Previous Close 45.01
Day's Range 44.31 - 45.00
52-Week Range 38.18 - 49.48
Beta 1.95
Analysts Buy
Price Target 54.17 (+21.38%)
Earnings Date Apr 24, 2024

About MEOH

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 1,410
Stock Exchange NASDAQ
Ticker Symbol MEOH
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 Statements

Analyst Forecast

According to 6 analysts, the average rating for MEOH stock is "Buy." The 12-month stock price forecast is $54.17, which is an increase of 21.38% from the latest price.

Price Target
$54.17
(21.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Methanex Corporation Investigated Regarding Potential Securities Law Violations - Contact Levi & Korsinsky for Details - MEOH

NEW YORK, NY / ACCESSWIRE / March 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

12 hours ago - Accesswire

Methanex Corporation Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - MEOH

NEW YORK, NY / ACCESSWIRE / March 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

2 days ago - Accesswire

Lost Money on Methanex Corporation(MEOH)? Contact Levi & Korsinsky Regarding an Ongoing Investigation

NEW YORK, NY / ACCESSWIRE / March 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

3 days ago - Accesswire

Levi & Korsinsky Announces an Investigation on Behalf of Methanex Corporation (MEOH) Shareholders Who May Have Been Affected by Fraud

NEW YORK, NY / ACCESSWIRE / March 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

6 days ago - Accesswire

Shareholder Rights Advocates at Levi & Korsinsky Investigate Methanex Corporation (MEOH) Regarding Possible Securities Fraud Violations

NEW YORK, NY / ACCESSWIRE / March 21, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

7 days ago - Accesswire

Methanex Corporation INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by Methanex Corporation (MEOH)

NEW YORK, NY / ACCESSWIRE / March 14, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

14 days ago - Accesswire

Lost Money on Methanex Corporation (MEOH)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / March 13, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

15 days ago - Accesswire

Shareholders that lost money on Methanex Corporation(MEOH) should contact Levi & Korsinsky about Securities Fraud Investigation - MEOH

NEW YORK, NY / ACCESSWIRE / March 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

16 days ago - Accesswire

Levi & Korsinsky Reminds Shareholders of an Investigation into Methanex Corporation (MEOH) Regarding Potential Securities Fraud Allegations

NEW YORK, NY / ACCESSWIRE / March 11, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

17 days ago - Accesswire

Did Methanex Corporation Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - MEOH

NEW YORK, NY / ACCESSWIRE / March 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possibl...

19 days ago - Accesswire

Methanex Releases 2023 Sustainability Report

VANCOUVER, British Columbia, March 08, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) released its 2023 Sustainability Report today to share its progress on the sustainability to...

20 days ago - GlobeNewsWire

Lost Money on Methanex Corporation (MEOH)? Contact Levi & Korsinsky Regarding an Ongoing Investigation

NEW YORK, NY / ACCESSWIRE / March 7, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possibl...

21 days ago - Accesswire

Levi & Korsinsky Reminds Methanex Corporation Investors of the Ongoing Investigation into Potential Violations of Securities Laws - MEOH

NEW YORK, NY / ACCESSWIRE / March 7, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possibl...

21 days ago - Accesswire

MEOH ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Methanex Corporation

NEW YORK, NY / ACCESSWIRE / March 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possibl...

22 days ago - Accesswire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Methanex Corporation - MEOH

NEW YORK , March 3, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Methanex Corporation ("Hesai" or the "Company") (NASDAQ: MEOH). Such investors are advised to c...

25 days ago - PRNewsWire

Methanex Corporation (MEOH) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights

NEW YORK, NY / ACCESSWIRE / February 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning pos...

4 weeks ago - Accesswire

Investors who lost money on Methanex Corporation should contact Levi & Korsinsky about an ongoing investigation - MEOH

NEW YORK, NY / ACCESSWIRE / February 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning pos...

4 weeks ago - Accesswire

ATTENTION MEOH SHAREHOLDERS: Investors who lost money on Methanex Corporation are urged to contact Levi & Korsinsky about an ongoing investigation

NEW YORK, NY / ACCESSWIRE / February 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning pos...

4 weeks ago - Accesswire

Methanex Corporation (MEOH) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK--(BUSINESS WIRE)---- $MEOH #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Methanex Corporation (“Methanex”...

4 weeks ago - Business Wire

An Investigation Has Commenced on Behalf of Methanex Corporation Shareholders. Contact Levi & Korsinsky to Discuss your MEOH Losses.

NEW YORK, NY / ACCESSWIRE / February 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning pos...

4 weeks ago - Accesswire

MEOH ACTIVE INVESTIGATION: Contact Levi & Korsinsky if you lost money on your Methanex Corporation investment

NEW YORK, NY / ACCESSWIRE / February 24, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning pos...

4 weeks ago - Accesswire

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Methanex Corp. (MEOH)

NEW YORK--(BUSINESS WIRE)---- $MEOH #ClassActionLawsuit--The law firm of Kirby McInerney LLP is investigating potential claims against Methanex Corp. (“Methanex” or the “Company”) (NASDAQ:MEOH). The i...

5 weeks ago - Business Wire

Methanex Provides Update on Geismar 3 Methanol Plant in Geismar, Louisiana

VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that commercial production of its new 1.8 million tonne methanol plant, Geism...

5 weeks ago - GlobeNewsWire

Methanex Corporation – Notice of Cash Dividend

VANCOUVER, British Columbia, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has declared a quar...

2 months ago - GlobeNewsWire

Methanex Reports Higher Fourth Quarter 2023 Earnings as Methanol Prices Strengthen; Geismar 3 in Start Up Process

Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $33 million and Adjusted EBITDA of $148 million in the fourt...

2 months ago - GlobeNewsWire