Methanex

Methanex Corp. engages in the production and supply of methanol. The firm supplies in the international market such as North America, Asia Pacific, Europe, and South America. It also operates the methanol ocean tanker fleet. The company was founded on March 11, 1968 and is headquartered in Vancouver, Canada.

Earnings data Q3 2023

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Methanex (MEOH) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Methanex (MEOH) Stock Jumps 5.6%: Will It Continue to Soar?

VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) is pleased to announce the appointment of John Sampson, Senior Vice President, Operations, Manufacturing and Engineering at Dow Inc., to its Board of Directors effective October 1, 2023.

Methanex Corporation Appoints John Sampson to its Board of Directors

Methanex is the largest producer of methanol in the world, with a market share of around 12%. The company's cash flow remained (relatively) strong in Q2 and H1, despite low methanol prices. Methanex expects the methanol market to remain strong and offers income opportunities through its bonds.

Methanex: Buying The 7.2% Yielding Bonds For Income And Shares For Capital Gains

Methanex Corporation (NASDAQ:MEOH ) Q2 2023 Earnings Conference Call July 27, 2023 11:00 AM ET Company Participants Sarah Herriott – Director of Investor Relations Rich Sumner – President and Chief Executive Officer Conference Call Participants Jacob Bout – CIBC Joel Jackson – BMO Capital Markets Nelson Ng – RBC Capital Markets Hassan Ahmed – Alembic Global Steve Hansen – Raymond James Ben Isaacson – Scotiabank Kevin Estok – Jefferies Matthew Blair – TPH Josh Spector – UBS Operator Good morning. My name is Chris, and I will be your conference operator today.

Methanex Corporation (MEOH) Q2 2023 Earnings Call Transcript

Production of Methanex (MEOH) in Q2 totals 1,658,000 tons, up around 6.9% year over year.

Methanex's (MEOH) Q2 Earnings & Revenues Surpass Estimates

The headline numbers for Methanex (MEOH) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Methanex (MEOH) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Methanex (MEOH) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $1.16 per share a year ago.

Methanex (MEOH) Beats Q2 Earnings and Revenue Estimates

Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $57 million and Adjusted EBITDA of $160 million in the second quarter.

Methanex Reports Second Quarter 2023 Results

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.

Analysts Estimate Methanex (MEOH) to Report a Decline in Earnings: What to Look Out for

VANCOUVER, British Columbia, July 13, 2023 (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 September 30, 2023, to holders of common shares of record on September 16, 2023.

Methanex Corporation – Notice of Cash Dividend

Methanex Corporation (NASDAQ:MEOH ) Q1 2023 Earnings Conference Call April 27, 2023 11:00 AM ET Company Participants Sarah Herriott - Director of Investor Relations Rich Sumner - President and Chief Executive Officer Conference Call Participants Joel Jackson - BMO Capital Markets Ben Isaacson - Scotiabank Hassan Ahmed - Alembic Global Steve Hansen - Raymond James Laurence Alexander - Jefferies Matthew Blair - TPH Nelson Ng - RBC Capital Markets Jacob Bout - CIBC Joshua Spector - UBS Operator Good morning. My name is Brent and I will be your conference operator today.

Methanex Corporation (MEOH) Q1 2023 Earnings Call Transcript

VANCOUVER, British Columbia, April 28, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held on April 27, 2023 in Vancouver, British Columbia.

Methanex Reports on Annual General Meeting of Shareholders

Lower average realized prices on a year-over-year basis hurt Methanex's (MEOH) Q1 earnings.

Methanex's (MEOH) Q1 Earnings & Revenues Surpass Estimates

Methanex (MEOH) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $2.16 per share a year ago.

Methanex (MEOH) Q1 Earnings and Revenues Top Estimates

Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $60 million and Adjusted EBITDA of $209 million in the first quarter.

Methanex Reports First Quarter 2023 Results

VANCOUVER, British Columbia, April 26, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has approved a 6% increase in its quarterly dividend to US$0.185 per share from US$0.175 per share. The increased dividend will apply to the dividend payable on June 30, 2023, to holders of common shares of record on June 16, 2023.

Methanex Corporation Announces a 6% Dividend Increase

Earnings Preview: Methanex (MEOH) Q1 Earnings Expected to Decline

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 the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Methanex (MEOH) Stock?

Methanex (MEOH) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Despite Fast-paced Momentum, Methanex (MEOH) Is Still a Bargain Stock

Methanex (MEOH) gains from healthy methanol prices. The Geismar 3 project will also enhance its asset portfolio and future cash generation.

Why You Should Add Methanex (MEOH) Stock to Your Portfolio

VANCOUVER, British Columbia, March 10, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world's largest producer and supplier of methanol, released its 2022 Sustainability Report today to share its progress on material environmental, social and governance (ESG) topics that are important to the company's business and stakeholders.

Methanex Releases 2022 Sustainability Report

Methanex posted strong results during early 2022, although these began weakening during the fourth quarter. They still generated free cash flow, and absent of their flagship Geismar 3 project, they would sport a very high 14%+ free cash flow yield.

Methanex: Shareholder Returns To Be Fully Unlocked In 2023

VANCOUVER, British Columbia and TOKYO, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (Methanex) and Mitsui O.S.K. Lines, Ltd. (MOL) are pleased to announce the dual-fuel vessel “Cajun Sun” successfully completed the first-ever net-zero voyage fuelled by bio-methanol. The voyage is an example of how Methanex and MOL are collaborating to demonstrate the viability of methanol as a marine fuel with a pathway to net-zero emissions.

Methanex and MOL Complete First-Ever Net-Zero Voyage Fuelled by Bio-Methanol

Are Investors Undervaluing Methanex (MEOH) Right Now?

Does Methanex (MEOH) have what it takes to be a top stock pick for momentum investors? Let's find out.

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