Methanex Corporation (MEOH)
| Market Cap | 2.79B |
| Revenue (ttm) | 3.28B |
| Net Income (ttm) | 87.77M |
| Shares Out | 76.59M |
| EPS (ttm) | -1.59 |
| PE Ratio | n/a |
| Forward PE | 26.39 |
| Dividend | $0.15 |
| Dividend Yield | 0.41% |
| Trading Day | January 22 |
| Last Price | $36.42 |
| Previous Close | $37.10 |
| Change ($) | -0.68 |
| Change (%) | -1.83% |
| Day's Open | 36.47 |
| Day's Range | 35.71 - 37.37 |
| Day's Volume | 581,521 |
| 52-Week Range | 9.53 - 48.00 |
Methanex (MEOH) provides an update on its Trinidad facility. The company will restructure operations to support a one-plant operation henceforth.
VANCOUVER, British Columbia, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it expects its Titan methanol facility (“Titan”) in Trinidad (87...
Methanex's (MEOH) new eight 49,999 deadweight ton vessels will be built in Hyundai Mipo Dockyard, South Korea.
Waterfront Shipping renews fleet with 8 new methanol dual-fuel vessels Waterfront Shipping renews fleet with 8 new methanol dual-fuel vessels
VANCOUVER, British Columbia, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has declared a quarterly dividend of US$0...
Methanex Corporation (MEOH) CEO John Floren on Q3 2020 Results - Earnings Call Transcript
Methanex (MEOH) saw improved global demand for methanol on a sequential comparison basis in the third quarter.
Methanex (MEOH) delivered earnings and revenue surprises of -9.57% and 31.45%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Except where otherwise noted, all currency amounts are stated in United States dollars.
Methanex (MEOH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Methanex Corp (MEOH) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
As of late, it has definitely been a great time to be an investor in Methanex.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
VANCOUVER, British Columbia, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has priced an offering of senior unsecured notes. Methane...
VANCOUVER, British Columbia, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has launched an offering of senior unsecured notes. Methan...
Dividend Cuts - Starting To Outperform
Methanex (MEOH) reported earnings 30 days ago. What's next for the stock?
Lower methanol prices dent Methanex's (MEOH) revenues in Q2.
Methanex Corporation (MEOH) CEO John Floren on Q2 2020 Results - Earnings Call Transcript
Methanex (MEOH) delivered earnings and revenue surprises of 20.00% and -13.61%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Except where otherwise noted, all currency amounts are stated in United States dollars.
Methanex (NASDAQ: MEOH) announces its next round of earnings this Wednesday, July 29.
Methanex (MEOH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dividend Cuts - Stock Returns Are Improving
Methanex (MEOH) reported earnings 30 days ago. What's next for the stock?
The amendments to Methanex's (MEOH) credit facilities are expected to offer meaningful financial covenant relief and greater timeline flexibility for completing the Geismar 3 project.
Except where otherwise noted, all currency amounts are stated in United States dollars.
Lower methanol prices dent Methanex's (MEOH) revenues in Q1.
Methanex Corp (MEOH) CEO John Floren on Q1 2020 Results - Earnings Call Transcript
VANCOUVER, British Columbia, May 01, 2020 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting result...
VANCOUVER, British Columbia, April 20, 2020 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced that its annual general meeting of shareholders scheduled for Thursday, ...
Methanex (MEOH) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
Methanex (MEOH) has drawn $136 million of its credit facility to enhance its cash position and retain financial flexibility.
VANCOUVER, British Columbia, April 01, 2020 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that, in light of the significant uncertainty in the global econom...
VANCOUVER, British Columbia, March 24, 2020 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) today filed its Annual Report, which includes its audited Consolidated Financial S...
Methanex (MEOH) anticipates methanol demand to be affected in second-quarter 2020 due to COVID-19 outbreak.
Methanex (MEOH) reported earnings 30 days ago. What's next for the stock?
Methanex Corporation (MEOH) CEO John Floren on Q4 2019 Results - Earnings Call Transcript
Lower average realized methanol prices dent Methanex's (MEOH) Q4 margins.
While the current natural gas supply deal for Titan expires on Dec 31, 2019, this interim arrangement with NGC enables Methanex (MEOH) to continue operations at Titan.
VANCOUVER, British Columbia, Dec. 18, 2019 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has entered into an interim agreement with the National Gas...
VANCOUVER, British Columbia, Nov. 21, 2019 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has declared a quarterly dividend of US...
Adjusted EBITDA of Methanex (MEOH) declines in third-quarter 2019 mainly on a decrease in methanol prices.
Methanex Corporation (MEOH) CEO John Floren on Q3 2019 Results - Earnings Call Transcript
This deal and completion of the first phase of the Chile I refurbishment are major steps for Methanex (MEOH) to return its assets in Chile to full operating rates.
VANCOUVER, British Columbia, Oct. 08, 2019 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has restructured its existing commercial arrangements with ...
According to the GuruFocus All-In-One Screener, the following companies have grown their book value per share over the past decade.
Methanex looks like a cyclical buying opportunity now valued only at a 7.7x TTM P/E and 3.6x Price to Cash Flow.
About MEOH
Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. It also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, the company owns and leases storage and terminal facilities. It owns and manages a fleet of approximately 30 ocean-going vessels. The company serves chemical and petrochemical producers. Methanex Corporation was founded in 1968 and is headquartered in Vancouver, Canada.
| Industry Chemicals | Founded 1968 |
| CEO John Floren | Employees 1,544 |
| Stock Exchange NASDAQ | Ticker Symbol MEOH |
Financial Performance
In 2019, Methanex's revenue was $3.28 billion, a decrease of -26.75% compared to the previous year's $4.48 billion. Earnings were $87.77 million, a decrease of -84.57%.
Analyst Forecasts
According to 11 analysts, the average rating for Methanex stock is "Hold." The 12-month stock price forecast is 46.00, which is an increase of 26.30% from the latest price.