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MethanexNASDAQ: MEOH

Profile

Industry:

Chemicals

Country:

Canada

IPO:

19 May 1992

Next earnings report:

31 January 2025

Last dividends:

16 September 2024

Next dividends:

N/A
$3.10 B
-25%vs. 3y high
65%vs. sector
-12%vs. 3y high
54%vs. sector
-37%vs. 3y high
47%vs. sector
-20%vs. 3y high
31%vs. sector

Price

after hours | Fri, 22 Nov 2024 21:00:13 GMT
$46.02+$0.86(+1.90%)
$934.80 M$979.92 M
$934.80 M$31.07 M

Analysts recommendations

Institutional Ownership

MEOH Latest News

All You Need to Know About Methanex (MEOH) Rating Upgrade to Buy
zacks.com21 November 2024 Sentiment: POSITIVE

Methanex (MEOH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Methanex Declares Upsize and Pricing of Senior Unsecured Notes
zacks.com21 November 2024 Sentiment: POSITIVE

MEOH expects to use the net proceeds of the offering to partly fund its acquisition of OCI Global's international methanol business.

Methanex Announces Upsize and Pricing of Senior Unsecured Notes
globenewswire.com19 November 2024 Sentiment: POSITIVE

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., has priced an offering of US$600 million aggregate principal amount of 6.250% senior unsecured notes due 2032 (the “notes”) in a private offering (the “Offering”) exempt from the registration requirements of the United States Securities Act of 1933, as amended (the “Securities Act”). The size of the Offering was increased to US$600 million from the previously announced Offering size of US$500 million in aggregate principal amount of notes. The notes will be issued at a price of 99.289% of the aggregate principal amount, with an effective yield to maturity of 6.375%, and will be guaranteed on a senior basis by Methanex. The Offering is expected to close on or about November 22, 2024, subject to the satisfaction of customary closing conditions.

Methanex Corporation – Notice of Cash Dividend
globenewswire.com19 November 2024 Sentiment: POSITIVE

VANCOUVER, British Columbia, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has declared a quarterly dividend of US$0.185 per share. The dividend will be payable on December 31, 2024, to holders of common shares of record on December 17, 2024.

Methanex Announces Offering of Senior Unsecured Notes
globenewswire.com19 November 2024 Sentiment: POSITIVE

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., has launched an offering of US$500 million aggregate principal amount of senior unsecured notes due 2032 (the “notes”) in a private offering (the “Offering”) exempt from the registration requirements of the United States Securities Act of 1933, as amended (the “Securities Act”). The notes will be guaranteed on a senior basis by Methanex. Methanex intends to use the net proceeds from the Offering to fund a portion of the cash purchase price of its previously announced agreement to acquire OCI Global's international methanol business (the “OCI Acquisition”).

Methanex Corporation (MEOH) Q3 2024 Earnings Call Transcript
seekingalpha.com09 November 2024 Sentiment: NEUTRAL

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 Executive Officer Conference Call Participants James Cannon - UBS Joel Jackson - BMO Capital Markets Steve Hansen - Raymond James Hassan Ahmed - Alembic Global Matthew Blair - TPH Roger Spitz - Bank of America Operator Good morning. My name is Pam, and I will be your conference operator today.

Here's What Key Metrics Tell Us About Methanex (MEOH) Q3 Earnings
zacks.com06 November 2024 Sentiment: POSITIVE

While the top- and bottom-line numbers for Methanex (MEOH) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Methanex Reports Third Quarter 2024 Results
globenewswire.com06 November 2024 Sentiment: POSITIVE

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 EBITDA of $216 million in the third quarter.

Methanex Corporation Announces Successful Syndication of Acquisition Financing
globenewswire.com29 October 2024 Sentiment: POSITIVE

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 the earlier announced agreement to acquire OCI Global's international methanol business (“OCI Acquisition”) for $2.05 billion.

Why Methanex (MEOH) Could Beat Earnings Estimates Again
zacks.com25 October 2024 Sentiment: POSITIVE

Methanex (MEOH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

What type of business is 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.

What sector is Methanex in?

Methanex is in the Basic Materials sector

What industry is Methanex in?

Methanex is in the Chemicals industry

What country is Methanex from?

Methanex is headquartered in Canada

When did Methanex go public?

Methanex initial public offering (IPO) was on 19 May 1992

What is Methanex website?

https://www.methanex.com

Is Methanex in the S&P 500?

No, Methanex is not included in the S&P 500 index

Is Methanex in the NASDAQ 100?

No, Methanex is not included in the NASDAQ 100 index

Is Methanex in the Dow Jones?

No, Methanex is not included in the Dow Jones index

When was Methanex the previous earnings report?

No data

When does Methanex earnings report?

The next expected earnings date for Methanex is 31 January 2025