Methanex Corp. Company Profile (NASDAQ:MEOH)

About Methanex Corp.

Methanex Corp. logoMethanex Corporation is a producer and supplier of methanol to a range of international markets. The Company operates production sites in Canada, Chile, Egypt, New Zealand, the United States, and Trinidad and Tobago. Its global operations are supported by a global supply chain of terminals, storage facilities and a fleet of methanol ocean tankers. The Company's subsidiary, Waterfront Shipping Company Limited, operates its fleet, which is made up of over 20 vessels ranging from 3,000 to 50,000 deadweight tons of capacity. It has over three production facilities in New Zealand that supply methanol primarily to customers in Asia Pacific. The Company operates over two plants in Trinidad, Titan and Atlas, which supply methanol to markets in North America, Europe, Asia Pacific and South America. Its joint venture facility in Egypt supplies methanol to markets in Europe and Asia Pacific. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Specialty Chemicals
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MEOH
  • CUSIP:
Key Metrics:
  • Previous Close: $28.34
  • 50 Day Moving Average: $28.62
  • 200 Day Moving Average: $30.97
  • Trailing P/E Ratio: 64.26
  • Foreward P/E Ratio: 21.97
  • P/E Growth: -2.86
  • Market Cap: $2.54B
  • Outstanding Shares: 89,796,000
  • Beta: 2.1
Additional Links:
Companies Related to Methanex Corp.:

Analyst Ratings

Consensus Ratings for Methanex Corp. (NASDAQ:MEOH) (?)
Ratings Breakdown: 3 Hold Ratings, 7 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.82)
Consensus Price Target: $42.45 (49.79% upside)

Analysts' Ratings History for Methanex Corp. (NASDAQ:MEOH)
Show:
DateFirmActionRatingPrice TargetDetails
8/4/2016Cowen and CompanyLower Price TargetOutperform$43.00 -> $40.00View Rating Details
7/29/2016TD SecuritiesUpgradeHold -> BuyView Rating Details
7/15/2016Citigroup Inc.Reiterated RatingHold$35.00 -> $31.00View Rating Details
7/6/2016Jefferies GroupReiterated RatingBuyView Rating Details
7/5/2016CIBCUpgradeSector Perform -> Outperform$37.00View Rating Details
6/6/2016Royal Bank Of CanadaReiterated RatingSector Perform$48.50View Rating Details
5/17/2016Raymond James Financial Inc.UpgradeOutperform -> Strong-BuyView Rating Details
1/19/2016Monness Crespi & HardtDowngradeBuy -> NeutralView Rating Details
10/29/2015ScotiabankReiterated RatingSector Outperform$52.00 -> $50.00View Rating Details
9/21/2015Howard WeilInitiated CoverageOutperformView Rating Details
9/14/2015BMO Capital MarketsLower Price TargetOutperform$60.00 -> $55.00View Rating Details
(Data available from 8/29/2014 forward)

Earnings

Earnings History for Methanex Corp. (NASDAQ:MEOH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/28/2016Q216($0.25)($0.34)$422.82 million$468.00 millionViewN/AView Earnings Details
4/27/2016Q116($0.19)($0.27)$445.80 millionViewN/AView Earnings Details
1/27/2016Q415$0.18$0.16$535.98 millionViewListenView Earnings Details
10/28/2015Q315$0.38$0.26$604.49 millionViewListenView Earnings Details
7/29/2015Q215$0.72$0.56$639.19 million$637.80 millionViewListenView Earnings Details
4/29/2015Q115$0.40$0.09$612.80 millionViewN/AView Earnings Details
1/28/2015Q414$0.94$1.11$766.10 millionViewN/AView Earnings Details
10/30/2014Q314$0.66$0.69$685.80 million$730.00 millionViewN/AView Earnings Details
8/1/2014$1.02$1.01ViewN/AView Earnings Details
5/1/2014$1.84$1.50ViewN/AView Earnings Details
1/29/2014Q4$1.51$1.72ViewN/AView Earnings Details
1/31/2013Q412$0.55$0.64$713.48 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Methanex Corp. (NASDAQ:MEOH)
Current Year EPS Consensus Estimate: $-0.78 EPS
Next Year EPS Consensus Estimate: $1.29 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20168($0.42)$0.76$0.18
Q2 20165($0.28)$0.64$0.12
Q3 20165($0.13)$0.66$0.29
Q4 20165$0.17$0.82$0.52
Q1 20174$0.09$0.98$0.65
Q2 20174$0.11$0.91$0.60
Q3 20174$0.02$0.92$0.58
Q4 20172$0.13$0.72$0.43
Q1 20181$0.28$0.28$0.28
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Methanex Corp. (NASDAQ:MEOH)
Annual Dividend:$1.10
Dividend Yield:3.88%
Payout Ratio:305.56% (Based on Trailing 12 Months of Earnings)
-141.03% (Based on Current Year Consensus EPS Estimate)
85.27% (Based on Next Year Consensus EPS Estimate)

Dividend History for Methanex Corp. (NASDAQ:MEOH)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/15/2016quarterly$0.283.74%9/14/20169/16/20169/30/2016
4/29/2016quarterly$0.283.15%6/14/20166/16/20166/30/2016
1/29/2016quarterly$0.284.15%3/15/20163/17/20163/31/2016
11/20/2015quarterly$0.282.98%12/15/201512/17/201512/31/2015
7/17/2015quarterly$0.282.28%9/14/20159/16/20159/30/2015
5/1/2015quarterly$0.281.81%6/12/20156/16/20156/30/2015
1/30/2015quarterly$0.252.27%3/13/20153/17/20153/31/2015
12/1/2014quarterly$0.251.97%12/15/201412/17/201412/31/2014
7/18/2014quarterly$0.251.51%9/12/20149/16/20149/30/2014
4/29/2014quarterly$0.251.61%6/12/20146/16/20146/30/2014
1/30/2014quarterly$0.201.34%3/13/20143/17/20143/31/2014
11/29/2013quarterly$0.201.3%12/13/201312/17/201312/31/2013
7/19/2013quarterly$0.201.76%9/12/20139/16/20139/30/2013
4/25/2013quarterly$0.201.9%6/12/20136/16/20136/30/2013
1/31/2013quarterly$0.192.11%3/13/20133/17/20133/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Methanex Corp. (NASDAQ:MEOH)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Methanex Corp. (NASDAQ:MEOH)
DateHeadline
News IconThe Key Numbers To Watch From Methanex Corporation (NASDAQ:MEOH)'s Earnings - The Voice Registrar (NASDAQ:MEOH)
voiceregistrar.com - August 24 at 5:57 PM
baystreet.ca logoLatest Reports on Market Movers Birchcliff Energy, Centerra Gold, Methanex, and Silver Standard Resources (NASDAQ:MEOH)
www.baystreet.ca - August 24 at 9:13 AM
News IconReview of Dividend Stock With Upside Potential: Methanex Corporation (NASDAQ:MEOH) - Post News (NASDAQ:MEOH)
www.kentuckypostnews.com - August 23 at 10:33 AM
capitalcube.com logoETF’s with exposure to Methanex Corp. : August 22, 2016 (NASDAQ:MEOH)
www.capitalcube.com - August 22 at 6:08 PM
realistinvestor.com logoAnalysts Set $38.083 Price Target For Methanex Corporation (NASDAQ:MEOH) - RealistInvestor.com (NASDAQ:MEOH)
www.realistinvestor.com - August 21 at 5:31 PM
News IconCrowd Perspectives & Analyst Views on Methanex Corporation (NASDAQ:MEOH)? - Post News (NASDAQ:MEOH)
www.kentuckypostnews.com - August 19 at 9:09 AM
capitalcube.com logoMethanex Corp. breached its 50 day moving average in a Bullish Manner : MEOH-US : August 19, 2016 (NASDAQ:MEOH)
www.capitalcube.com - August 19 at 9:09 AM
News IconEarnings Analysis & Update for Methanex Corporation (NASDAQ:MEOH)? - Post News (NASDAQ:MEOH)
www.kentuckypostnews.com - August 18 at 6:13 PM
News IconReview of Dividend Stock With Upside Possibilities: Methanex Corporation (NASDAQ:MEOH) - Post News (NASDAQ:MEOH)
www.kentuckypostnews.com - August 17 at 6:19 PM
News IconJust Published: "NWF Group plc (NWF) - Financial and Strategic SWOT Analysis Review" (NASDAQ:MEOH)
reports.pr-inside.com - August 15 at 6:19 PM
capitalcube.com logoETF’s with exposure to Methanex Corp. : August 9, 2016 (NASDAQ:MEOH)
www.capitalcube.com - August 9 at 6:23 PM
prnewswire.com logoMethanol Market by Feedstock, Derivative, Sub-derivative, End-Use Industry and by Region - Global Trends & Forecasts to 2021 (NASDAQ:MEOH)
www.prnewswire.com - August 8 at 6:20 PM
capitalcube.com logoMethanex Corp. :MEOH-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NASDAQ:MEOH)
www.capitalcube.com - August 8 at 6:20 PM
fidaily.com logoNeuberger Berman Group LLC Modifies Its Position in Methanex Corporation (MEOH) Stock Last Quarter - Finance Daily (NASDAQ:MEOH)
www.fidaily.com - August 5 at 6:20 PM
News IconProvince has no Plan B if LNG development fails (NASDAQ:MEOH)
www.princegeorgecitizen.com - August 5 at 9:10 AM
News IconMethanex's Chile plant signs gas supply deal (NASDAQ:MEOH)
www.fibre2fashion.com - August 1 at 10:49 AM
breakingfinancenews.com logoMethanex (TSE:MX) target price upped to $35 as reported today by TD Securities (NASDAQ:MEOH)
breakingfinancenews.com - July 31 at 10:16 AM
publicnow.com logoMethanex Enters Into Gas Supply Agreements With Chile Gas Suppliers (NASDAQ:MEOH)
www.publicnow.com - July 28 at 5:08 PM
News IconExplore Asia's methanol market that is anticipated to reach USD 31.6 billion by 2020 (NASDAQ:MEOH)
www.whatech.com - July 28 at 9:22 AM
sg.finance.yahoo.com logoMethanex reports 2Q loss (NASDAQ:MEOH)
sg.finance.yahoo.com - July 27 at 7:36 PM
publicnow.com logoMethanex Reports Second Quarter Results (NASDAQ:MEOH)
www.publicnow.com - July 27 at 5:28 PM
newsmaker.com.au logoGlobal Methanol Industry - Market Outlook - Latest Development and Market Trends 2021 (NASDAQ:MEOH)
www.newsmaker.com.au - July 25 at 10:38 AM
realistinvestor.com logoPrice Target of $38.916 Set For Methanex Corporation (NASDAQ:MEOH) - RealistInvestor.com (NASDAQ:MEOH)
www.realistinvestor.com - July 24 at 5:42 PM
benzinga.com logoGlobal Methanol Market Trends & Forecasts to... (NASDAQ:MEOH)
www.benzinga.com - July 22 at 9:07 AM
News IconMethanol market developments (NASDAQ:MEOH)
www.energyglobal.com - July 20 at 9:03 AM
ftsenews.co.uk logoMethanex Corporation (NASDAQ:MEOH) Updated Price Targets - FTSE News (NASDAQ:MEOH)
www.ftsenews.co.uk - July 18 at 6:17 PM
News IconTrading Performance and Target Watch for Methanex Corporation (NASDAQ:MEOH) - Press Telegraph (NASDAQ:MEOH)
presstelegraph.com - July 18 at 11:28 AM
News IconCrowd Rating and Earnings Recap for Methanex Corporation (NASDAQ:MEOH) - Telanagana Press (NASDAQ:MEOH)
telanaganapress.com - July 15 at 10:36 AM
fiscalstandard.com logoBrokers Issue Average Price Target Of 41.06 On Methanex Corporation (NASDAQ:MEOH) - Fiscal Standard (NASDAQ:MEOH)
www.fiscalstandard.com - July 15 at 10:36 AM
News IconShares Turning Downward: Methanex Corporation (NASDAQ:MEOH) - Telanagana Press (NASDAQ:MEOH)
telanaganapress.com - July 14 at 6:25 PM
sbwire.com logoGlobal Alcohol Market to Find New Growth Prospects in Extensive Use as Fuels, Solvents, and in Beverages (NASDAQ:MEOH)
www.sbwire.com - July 6 at 10:47 AM
fiscalstandard.com logoMethanex Corporation (NASDAQ:MEOH) Broker Price Targets For The Coming Week - Fiscal Standard (NASDAQ:MEOH)
www.fiscalstandard.com - July 5 at 5:58 PM
fidaily.com logoCIBC Upgrades Rating On Methanex Corporation (MEOH) (NASDAQ:MEOH)
www.fidaily.com - July 5 at 10:43 AM
fiscalstandard.com logoRecently Issued Stock Ratings For Methanex Corporation (NASDAQ:MEOH) - Fiscal Standard (NASDAQ:MEOH)
www.fiscalstandard.com - July 3 at 5:40 PM
baystreet.ca logoResearch Report Initiated on Select Specialty Chemicals Equities - Baystreet.ca (NASDAQ:MEOH)
www.baystreet.ca - June 30 at 6:29 PM
News IconAnalyst Rating Update on Methanex Corporation (MEOH) - TheFounders Daily (NASDAQ:MEOH)
www.thefoundersdaily.com - June 30 at 6:29 PM
News IconEquity Research and Technical Review on Methanex Corporation (NASDAQ:MEOH) - Press Telegraph (NASDAQ:MEOH)
presstelegraph.com - June 29 at 8:57 AM
News IconIs Major Move Coming For Methanex Corporation (USA) After This Gap Down? - Engelwood Daily (NASDAQ:MEOH)
www.engelwooddaily.com - June 24 at 6:05 PM
einnews.com logoGlobal Dimethyl Ether (DME) Market: forecast to 2027 (NASDAQ:MEOH)
www.einnews.com - June 22 at 10:51 AM
fiscalstandard.com logoThis Weeks Broker Views For Methanex Corporation (NASDAQ:MEOH) - Fiscal Standard (NASDAQ:MEOH)
www.fiscalstandard.com - June 20 at 6:42 AM
realistinvestor.com logoMethanex Corporation (NASDAQ:MEOH) Low Price Is Set At $34 - RealistInvestor.com (NASDAQ:MEOH)
www.realistinvestor.com - June 18 at 5:32 PM
finance.yahoo.com logoMethanex Inks Settlement Agreement with Petrobras Argentina (NASDAQ:MEOH)
finance.yahoo.com - June 17 at 12:04 AM
nasdaq.com logoMethanex Poised on Healthy Demand, Expansion Amid Headwinds - Nasdaq (NASDAQ:MEOH)
www.nasdaq.com - June 15 at 6:05 PM
streetinsider.com logoMethanex (MEOH), Petrobras Argentina Enter Settlement Agreement - StreetInsider.com (NASDAQ:MEOH)
www.streetinsider.com - June 15 at 6:05 PM
publicnow.com logoMethanex Enters Into a Settlement Agreement With Argentina Gas Supplier (NASDAQ:MEOH)
www.publicnow.com - June 15 at 5:29 PM
nasdaq.com logoMethanex Corporation (MEOH) Ex-Dividend Date Scheduled for June 14, 2016 - Nasdaq (NASDAQ:MEOH)
www.nasdaq.com - June 14 at 10:55 AM
finance.yahoo.com logoMethanex Poised on Healthy Demand, Expansion Amid Headwinds (NASDAQ:MEOH)
finance.yahoo.com - June 14 at 9:32 AM
capitalcube.com logoMethanex Corp. breached its 50 day moving average in a Bearish Manner : MEOH-US : June 14, 2016 (NASDAQ:MEOH)
www.capitalcube.com - June 14 at 8:38 AM
capitalcube.com logoETF’s with exposure to Methanex Corp. : June 10, 2016 (NASDAQ:MEOH)
www.capitalcube.com - June 10 at 7:30 PM
einnews.com logoGlobal Dimethyl Ether (DME) Market (LPG Blending, Aerosol Propellant, Transportation Fuel and Others) Forecast to 2027 (NASDAQ:MEOH)
world.einnews.com - June 10 at 6:22 PM

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Methanex Corp. (NASDAQ:MEOH) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff