Methanex Corporation Company Profile (NASDAQ:MEOH)

About Methanex Corporation (NASDAQ:MEOH)

Methanex Corporation logoMethanex Corp is a Canada-based 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, as well as 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: Commodity Chemicals
  • Sub-Industry: N/A
  • Symbol: NASDAQ:MEOH
  • CUSIP: N/A
  • Web:
  • Market Cap: $4.5129 billion
  • Outstanding Shares: 86,124,000
Average Prices:
  • 50 Day Moving Avg: $47.37
  • 200 Day Moving Avg: $45.19
  • 52 Week Range: $29.03 - $53.35
  • Trailing P/E Ratio: 20.39
  • Foreward P/E Ratio: 14.86
  • P/E Growth: 1.02
Sales & Book Value:
  • Annual Revenue: $2.58 billion
  • Price / Sales: 1.74
  • Book Value: $18.51 per share
  • Price / Book: 2.81
  • Annual Dividend: $1.20
  • Dividend Yield: 2.3%
  • EBIDTA: $572.88 million
  • Net Margins: 8.92%
  • Return on Equity: 12.43%
  • Return on Assets: 4.96%
  • Debt-to-Equity Ratio: 0.80%
  • Current Ratio: 1.73%
  • Quick Ratio: 1.31%
  • Average Volume: 776,661 shs.
  • Beta: 1.74
  • Short Ratio: 6.37

Frequently Asked Questions for Methanex Corporation (NASDAQ:MEOH)

What is Methanex Corporation's stock symbol?

Methanex Corporation trades on the NASDAQ under the ticker symbol "MEOH."

How often does Methanex Corporation pay dividends? What is the dividend yield for Methanex Corporation?

Methanex Corporation announced a quarterly dividend on Friday, July 21st. Investors of record on Saturday, September 16th will be paid a dividend of $0.30 per share on Saturday, September 30th. This represents a $1.20 annualized dividend and a yield of 2.31%. The ex-dividend date of this dividend is Thursday, September 14th. View Methanex Corporation's Dividend History.

How will Methanex Corporation's stock buyback program work?

Methanex Corporation announced that its board has initiated a share buyback plan on Thursday, July 27th 2017, which authorizes the company to repurchase 1,660,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its shares are undervalued.

How were Methanex Corporation's earnings last quarter?

Methanex Corporation (NASDAQ:MEOH) posted its quarterly earnings results on Wednesday, July, 26th. The company reported $0.85 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.08 by $0.23. The firm had revenue of $669 million for the quarter, compared to analyst estimates of $772.41 million. Methanex Corporation had a net margin of 8.92% and a return on equity of 12.43%. Methanex Corporation's revenue was up 42.9% on a year-over-year basis. During the same period in the prior year, the business posted ($0.34) earnings per share. View Methanex Corporation's Earnings History.

When will Methanex Corporation make its next earnings announcement?

Methanex Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Methanex Corporation.

Where is Methanex Corporation's stock going? Where will Methanex Corporation's stock price be in 2017?

13 analysts have issued 12-month price targets for Methanex Corporation's shares. Their predictions range from $36.00 to $95.00. On average, they expect Methanex Corporation's share price to reach $59.62 in the next year. View Analyst Ratings for Methanex Corporation.

What are analysts saying about Methanex Corporation stock?

Here are some recent quotes from research analysts about Methanex Corporation stock:

  • 1. According to Zacks Investment Research, "Methanex is still exposed to a volatile methanol pricing environment. Moreover, it continues to face headwinds due to curtailment of gas supply. Short-term natural gas supply issues are expected to continue across the company’s Trinidad and Egypt operations. Production outages are also affecting its operations." (7/17/2017)
  • 2. Cowen and Company analysts commented, "We see a significant increase in MEOH share value over the next two years should the company choose to execute, on the suggestion of its largest shareholder, a more aggressive approach toward share repurchase. This would push repurchase to the limits of its FCF until its value per share better reflects methanol replacement costs of about $1,100/mt." (3/28/2017)
  • 3. Jefferies Group LLC analysts commented, "Methanol prices settled sharply higher again, in sharp contrast to relatively cautious investor sentiment. Given an expected average FCF yield before dividends of 10% over the next several years, we continue to expect the next fundamental catalysts for Methanex shares to be decisions this summer on the cadence of buybacks and appetite for investing in new capacity... North America methanol prices have settled at $499/t and Asia prices at $500/t. Pricing continues to settle higher than we expected, and supports the argument that Asia demand is coming in stronger than we had initially expected for this year, rather than pricing simply being distorted by inventory dynamics. At current levels, we believe demand destruction is a more significant risk, particularly for 2H17. Prices should retreat into 2018 as new supply enters the market." (2/27/2017)

Who are some of Methanex Corporation's key competitors?

Who are Methanex Corporation's key executives?

Methanex Corporation's management team includes the folowing people:

  • Thomas M. Hamilton Ph.D., Independent Chairman of the Board
  • John N. Floren, President, Chief Executive Officer, Director
  • Ian P. Cameron, Chief Financial Officer, Senior Vice President - Finance
  • Vanessa L. James, Senior Vice President - Global Marketing and Logistics
  • Wendy L. Bach, Senior Vice President - Corporate Resources
  • Kevin L. Henderson, Senior Vice President - Manufacturing
  • Michael J. Herz, Senior Vice President - Corporate Development
  • Kevin Price, General Counsel & Corporate Secretary
  • Bruce M. Aitken, Independent Director
  • Douglas James Arnell, Independent Director

Who owns Methanex Corporation stock?

Methanex Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Prudential PLC (20.33%), Boston Partners (4.47%), Bank of New York Mellon Corp (4.17%), Guardian Capital LP (3.92%), FMR LLC (3.48%) and Vanguard Group Inc. (2.40%). View Institutional Ownership Trends for Methanex Corporation.

Who sold Methanex Corporation stock? Who is selling Methanex Corporation stock?

Methanex Corporation's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Boston Partners, FIL Ltd, Carmignac Gestion, Addenda Capital Inc., Dimensional Fund Advisors LP, Fiera Capital Corp and Guardian Capital LP. View Insider Buying and Selling for Methanex Corporation.

Who bought Methanex Corporation stock? Who is buying Methanex Corporation stock?

Methanex Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Gotham Asset Management LLC, Neuberger Berman Group LLC, Bank of Montreal Can, AGF Investments Inc., Renaissance Technologies LLC, Russell Investments Group Ltd. and State of Tennessee Treasury Department. View Insider Buying and Selling for Methanex Corporation.

How do I buy Methanex Corporation stock?

Shares of Methanex Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Methanex Corporation's stock price today?

One share of Methanex Corporation stock can currently be purchased for approximately $52.00.

MarketBeat Community Rating for Methanex Corporation (NASDAQ MEOH)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  384 (Vote Outperform)
Underperform Votes:  332 (Vote Underperform)
Total Votes:  716
MarketBeat's community ratings are surveys of what our community members think about Methanex Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Methanex Corporation (NASDAQ:MEOH) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.54)
Consensus Price Target: $59.62 (14.64% upside)

Analysts' Ratings History for Methanex Corporation (NASDAQ:MEOH)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/18/2017TD SecuritiesBoost Price TargetBuy$71.00MediumView Rating Details
9/12/2017Jefferies Group LLCBoost Price TargetBuy$60.00MediumView Rating Details
9/1/2017Cowen and CompanyReiterated RatingBuy$55.00MediumView Rating Details
8/25/2017Royal Bank Of CanadaReiterated RatingHoldLowView Rating Details
7/28/2017Tudor PickeringDowngradeBuy -> Hold$52.00 -> $46.00LowView Rating Details
7/28/2017Monness Crespi & HardtLower Price TargetBuy$62.00 -> $59.00LowView Rating Details
7/27/2017ScotiabankBoost Price TargetSector Perform$53.00 -> $95.00LowView Rating Details
7/27/2017Alembic Global AdvisorsSet Price TargetBuy$65.00MediumView Rating Details
6/30/2017BMO Capital MarketsReiterated RatingBuyLowView Rating Details
6/1/2017Citigroup Inc.Reiterated RatingNeutral$50.00 -> $45.00LowView Rating Details
5/10/2017Sanford C. BernsteinInitiated CoverageUnderperform$36.00MediumView Rating Details
4/10/2017Raymond James Financial, Inc.Reiterated RatingOutperform$80.00LowView Rating Details
3/29/2017CIBCUpgradeSector Perform -> Sector Outperform$45.00 -> $56.00HighView Rating Details
9/21/2015Howard WeilInitiated CoverageOutperformN/AView Rating Details
(Data available from 9/21/2015 forward)


Earnings History for Methanex Corporation (NASDAQ:MEOH)
Earnings by Quarter for Methanex Corporation (NASDAQ:MEOH)
Earnings History by Quarter for Methanex Corporation (NASDAQ MEOH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/26/2017Q2$1.08$0.85$772.41 million$669.00 millionViewN/AView Earnings Details
4/26/2017Q1$1.38$1.56$833.32 million$810.00 millionViewN/AView Earnings Details
1/25/2017Q416$0.20$0.46$544.94 million$585.00 millionViewN/AView Earnings Details
10/26/2016Q316($0.21)($0.01)$2.09 million$2.48 millionViewN/AView Earnings Details
7/27/2016Q216($0.27)($0.34)$422.82 million$468.00 millionViewN/AView Earnings Details
10/28/2015Q315$0.28$0.54$641.40 million$527.00 millionViewListenView Earnings Details
7/29/2015Q215$0.75$0.52$639.19 million$637.80 millionViewListenView Earnings Details
4/29/2015Q115$0.50$0.09$612.54 million$576.74 millionViewN/AView Earnings Details
1/28/2015Q414$0.93$1.11$740.77 million$733.50 millionViewN/AView Earnings Details
10/29/2014Q314$0.65$0.54$685.80 million$730.00 millionViewN/AView Earnings Details
7/30/2014Q2 2014$1.02$1.01$822.40 million$791.31 millionViewN/AView Earnings Details
4/29/2014Q1 2014$1.84$1.50$1.00 billion$968.48 millionViewN/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)


Earnings Estimates for Methanex Corporation (NASDAQ:MEOH)
2017 EPS Consensus Estimate: $2.71
2018 EPS Consensus Estimate: $4.70
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$0.43$1.56$0.90
Q2 20175$0.14$1.05$0.70
Q3 20175$0.23$0.92$0.59
Q4 20173$0.18$0.72$0.52
Q1 20181$0.91$0.91$0.91
Q2 20181$1.15$1.15$1.15
Q3 20181$0.93$0.93$0.93
Q4 20181$1.71$1.71$1.71
(Data provided by Zacks Investment Research)


Current Dividend Information for Methanex Corporation (NASDAQ:MEOH)
Next Dividend:9/30/2017
Annual Dividend:$1.20
Dividend Yield:2.31%
Payout Ratio:47.81% (Trailing 12 Months of Earnings)
36.25% (Based on This Year's Estimates)
34.29% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Methanex Corporation (NASDAQ:MEOH)

Dividend History by Quarter for Methanex Corporation (NASDAQ MEOH)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Methanex Corporation (NASDAQ:MEOH)
No insider trades for this company have been tracked by


Headline Trends for Methanex Corporation (NASDAQ:MEOH)
Latest Headlines for Methanex Corporation (NASDAQ:MEOH)
DateHeadline logoMethanex Corporation (MEOH) PT Raised to $71.00 at TD Securities - September 18 at 3:18 PM logoMethanex Corporation (MEOH) Given Consensus Rating of "Hold" by Analysts - September 17 at 6:38 AM logoZacks: Analysts Anticipate Methanex Co. (MEOH) to Post $0.54 Earnings Per Share - September 16 at 8:24 PM logoLyondellBasell Industries NV (LYB) vs. Methanex Corporation (MEOH) Head-To-Head Survey - September 14 at 8:08 AM logoMethanex Corporation (MEOH) Ex-Dividend Date Scheduled for September 14, 2017 - Nasdaq - September 14 at 7:39 AM logoQ3 2017 EPS Estimates for Methanex Corporation Increased by Jefferies Group (MEOH) - September 14 at 6:36 AM logoReviewing Methanex Corporation (MEOH) and The Competition - September 9 at 6:22 PM logoMethanex to Webcast Investor Conference on September 15, 2017 - September 9 at 6:10 AM logoMethanex Corporation (MEOH) Given "Buy" Rating at Cowen and Company - September 4 at 9:26 PM logoMethanex Corp. – Value Analysis (NASDAQ:MEOH) : August 30, 2017 - August 30 at 6:30 AM logo$0.50 EPS Expected for Methanex Corporation (MEOH) This Quarter - August 29 at 8:18 AM logoMethanex Corporation (MEOH) and Eastman Chemical (EMN) Head-To-Head Comparison - August 27 at 6:08 PM logoMethanex Corporation (MEOH) Upgraded to Sell at BidaskClub - August 25 at 7:10 PM logoMethanex Corporation (MEOH) Earns Hold Rating from Royal Bank Of Canada - August 25 at 5:20 PM logoGlobal Methanol Market Business Report 2017-2024: MTO/MTP - The Fastest Growing End-use Segment for Methanol - August 24 at 9:07 AM logoGlobal Methanol Industry - August 24 at 9:07 AM logoMethanex Co. (MEOH) Receives Average Rating of "Hold" from Analysts - August 23 at 6:32 AM logoMethanex Corp. breached its 50 day moving average in a Bearish Manner : MEOH-US : August 22, 2017 - August 22 at 3:51 PM logoMethanex Corporation (MEOH) and NewMarket (NEU) Critical Review - August 21 at 10:22 PM logoBidaskClub Lowers Methanex Corporation (MEOH) to Strong Sell - August 18 at 9:32 PM logoContrasting Westlake Chemical Corporation (WLK) & Methanex Corporation (MEOH) - August 17 at 6:28 AM logoReviewing Methanex Corporation (MEOH) and CSW Industrials (CSWI) - August 15 at 12:46 PM logoMethanex Corp. breached its 50 day moving average in a Bearish Manner : MEOH-US : August 11, 2017 - August 12 at 5:01 AM logoETFs with exposure to Methanex Corp. : August 11, 2017 - August 12 at 5:01 AM logoSee what the IHS Markit Score report has to say about Methanex Corp. - August 11 at 6:27 AM logoMethanex Corporation (NASDAQ:MEOH) Given a $60.00 Price Target by Cowen and Company Analysts - July 30 at 11:34 PM logoMethanex Corporation's (MEOH) CEO John Floren on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha - July 30 at 7:06 PM logoMethanex Corporation (MEOH) Given Consensus Recommendation of "Hold" by Brokerages - July 29 at 7:46 AM logoMethanex Corporation (MEOH) Announces Earnings Results, Misses Expectations By $0.23 EPS - July 28 at 6:58 PM logoMethanex downgraded to Hold from Buy at Tudor Pickering - Seeking Alpha - July 28 at 4:03 PM logoMethanex Corp. :MEOH-US: Earnings Analysis: Q2, 2017 By the Numbers : July 28, 2017 - July 28 at 4:03 PM logoMethanex Corporation (NASDAQ:MEOH) PT Lowered to $54.00 - July 28 at 3:36 PM logoMethanex Corporation (MEOH) Stock Rating Lowered by Tudor Pickering - July 28 at 9:07 AM logoMethanex Corporation (NASDAQ:MEOH) PT Lowered to $59.00 at Monness Crespi & Hardt - July 28 at 8:30 AM logoMethanex Corporation (NASDAQ:MEOH) Price Target Cut to $55.00 by Analysts at Cowen and Company - July 28 at 7:53 AM logoBRIEF-Methanex increases share repurchase program to 10 pct of public float - July 28 at 4:02 AM logoMethanex posts 2Q profit - July 28 at 4:02 AM logoMethanex Corporation (NASDAQ:MEOH) Price Target Increased to $95.00 by Analysts at Scotiabank - July 27 at 4:04 PM logoMethanex Corporation (MEOH) Authorizes Stock Buyback Program - July 27 at 11:08 AM logoWhat Could Spoil the Chemical Industry's Upturn? - Nasdaq - July 27 at 4:15 AM logoMethanex (MEOH) Increases its Existing Buyback Program to 10 ... - - July 27 at 4:15 AM logoMethanex Increases its Existing Share Repurchase Program to 10% of Public Float - July 27 at 4:15 AM logoMethanex Reports Second Quarter 2017 Earnings - July 27 at 4:15 AM logoMethanex Corporation Plans Quarterly Dividend of $0.30 (MEOH) - July 21 at 4:29 PM logoGlobal Bio-Based Chemicals Market Forecast 2017-2025 - July 21 at 2:14 AM logoMethanex Corporation – Notice of Cash Dividend - July 21 at 2:14 AM logoMethanex Corporation (MEOH) Cut to Sell at Zacks Investment Research - July 17 at 2:52 PM logoMethanex Corporation (MEOH) Lifted to "Hold" at BidaskClub - July 16 at 12:58 PM logoMethanex Corporation to Post Q2 2017 Earnings of $1.05 Per Share, Jefferies Group Forecasts (NASDAQ:MEOH) - July 14 at 8:38 AM logoMethanex Corporation (MEOH) Given a $53.00 Price Target by Scotiabank Analysts - July 4 at 2:21 PM



Methanex Corporation (MEOH) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by Staff