Methanex Company Profile (TSE:MX)

About Methanex

Methanex 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: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: MX
  • CUSIP:
Key Metrics:
  • Previous Close: $42.72
  • 50 Day Moving Average: $38.91
  • 200 Day Moving Average: $40.14
  • 52-Week Range: C$31.63 - C$58.66
  • Trailing P/E Ratio: 99.89
  • P/E Growth: 0.00
  • Market Cap: $3.96B
  • Outstanding Shares: 89,796,000
Additional Links:

Analyst Ratings

Consensus Ratings for Methanex (TSE:MX) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: C$39.50

Analysts' Ratings History for Methanex (TSE:MX)
Show:
DateFirmActionRatingPrice TargetDetails
8/30/2016ScotiabankReiterated RatingOutperformC$35.00View Rating Details
7/29/2016TD SecuritiesBoost Price TargetHold -> BuyC$32.00 -> C$35.00View Rating Details
6/6/2016Royal Bank Of CanadaReiterated RatingSector PerformC$48.50View Rating Details
7/16/2015CIBCLower Price TargetSector PerformC$59.00 -> C$55.00View Rating Details
12/15/2014Raymond James Financial Inc.DowngradeStrong-Buy -> OutperformC$80.00 -> C$70.00View Rating Details
(Data available from 9/28/2014 forward)

Earnings

Earnings History for Methanex (TSE:MX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2016        
8/1/2014$1.04$1.07ViewN/AView Earnings Details
5/1/2014$1.99$1.65ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Methanex (TSE:MX)
Current Year EPS Consensus Estimate: $-0.78 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164($0.23)$0.31($0.03)
Q2 20163($0.32)$0.74$0.11
Q3 20163$0.07$0.86$0.43
Q4 20162$0.40$0.73$0.57
Q1 20172$0.94$1.21$1.08
Q2 20172$0.85$1.08$0.97
Q3 20172$0.83$1.09$0.96
Q4 20171$1.02$1.02$1.02
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Methanex (TSE:MX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/12/2015QuarterlyC$0.281.63%6/12/20156/30/20156/30/2015
3/13/2015QuarterlyC$0.251.46%3/13/20153/31/20153/31/2015
11/26/2014quarterlyC$0.251.87%12/15/201412/17/201412/31/2014
7/17/2014quarterlyC$0.251.31%9/12/20149/16/20149/30/2014
6/12/2014QuarterlyC$0.251.54%6/12/20146/30/20146/30/2014
3/13/2014QuarterlyC$0.201.05%3/13/20143/31/20143/31/2014
11/27/2013quarterlyC$0.201.32%12/13/201312/17/201312/31/2013
7/18/2013quarterlyC$0.209/16/20139/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Methanex (TSE:MX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/3/2016Hussein KhattabInsiderSell3,500C$46.00C$161,000.00
3/2/2016Hussein KhattabInsiderSell3,500C$44.48C$155,680.00
3/1/2016Wade WigginsDirectorSell1,618C$42.66C$69,023.88
2/26/2016Kevin PriceInsiderSell4,500C$43.27C$194,715.00
2/26/2016Rich SumnerDirectorSell8,400C$42.52C$357,168.00
2/2/2016Mohamed ShindyDirectorSell200C$23.78C$4,756.00
12/22/2015Kevin HendersonInsiderSell12,000C$45.25C$543,000.00
12/21/2015Juan Enrique GonzalezDirectorSell12,000C$44.41C$532,920.00
12/17/2015Albert Terence PooleDirectorBuy500C$45.20C$22,600.00
12/9/2015Mohamed ShindyDirectorSell950C$48.96C$46,512.00
11/5/2015Simon Christopher MaddrenInsiderBuy3,000C$42.05C$126,150.00
8/24/2015Phillip Henry CookDirectorBuy3,000C$39.85C$119,538.00
5/15/2015John FlorenDirectorSell12,286C$70.60C$867,391.60
5/11/2015Margaret Reese WalkerDirectorBuy3,076C$58.57C$180,161.32
5/6/2015Ian Peter CameronInsiderSell15,000C$70.86C$1,062,900.00
5/4/2015Ian Peter CameronInsiderSell15,000C$73.96C$1,109,400.00
5/4/2015Vanessa JamesDirectorSell12,000C$74.00C$888,000.00
5/1/2015John FlorenDirectorSell1,200C$60.64C$72,768.00
3/23/2015Harvey WeakeInsiderSell20,000C$65.89C$1,317,800.00
3/17/2015Jone HognestadDirectorSell2,000C$66.31C$132,620.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Methanex (TSE:MX)
DateHeadline
News IconRBC Capital Reiterates Sector Perform Rating for Methanex Co. (MX) - DailyQuint (TSE:MX)
dailyquint.com - September 21 at 5:58 PM
news.sys-con.com logoMethanex Corporation Appoints Doug Arnell to Its Board of Directors - SYS-CON Media (press release) (TSE:MX)
news.sys-con.com - September 16 at 9:49 AM
publicnow.com logoMethanex Corporation Appoints Doug Arnell to Its Board of Directors (TSE:MX)
www.publicnow.com - September 15 at 6:21 PM
capitalcube.com logoETF’s with exposure to Methanex Corp. : August 25, 2016 (TSE:MX)
www.capitalcube.com - August 25 at 11:28 AM
capitalcube.com logoETF’s with exposure to Methanex Corp. : August 4, 2016 (TSE:MX)
www.capitalcube.com - August 4 at 6:41 PM
News IconBC has no Plan B for LNG - Business in Vancouver (TSE:MX)
www.biv.com - August 3 at 9:40 AM
biz.yahoo.com logoQ2 2016 Methanex Corp Earnings Release - After Market Close (TSE:MX)
biz.yahoo.com - July 27 at 7:07 AM
capitalcube.com logoMethanex Corp. – Value Analysis (TORONTO:MX) : June 20, 2016 (TSE:MX)
www.capitalcube.com - June 20 at 3:41 PM
capitalcube.com logoETF’s with exposure to Methanex Corp. : June 20, 2016 (TSE:MX)
www.capitalcube.com - June 20 at 2:54 PM
news.sys-con.com logoMethanex Enters Into a Settlement Agreement With Argentina Gas Supplier - SYS-CON Media (press release) (TSE:MX)
news.sys-con.com - June 15 at 6:19 PM
capitalcube.com logoMethanex Corp. breached its 50 day moving average in a Bullish Manner : MX-CA : May 26, 2016 (TSE:MX)
www.capitalcube.com - May 26 at 8:48 AM
capitalcube.com logoETF’s with exposure to Methanex Corp. : May 3, 2016 (TSE:MX)
www.capitalcube.com - May 3 at 2:21 PM
capitalcube.com logoMethanex Corp. breached its 50 day moving average in a Bearish Manner : MX-CA : May 3, 2016 (TSE:MX)
www.capitalcube.com - May 3 at 8:40 AM
finance.yahoo.com logoMethanex (MEOH) Q1 Loss Wider than Expected, Sales Trail (TSE:MX)
finance.yahoo.com - May 3 at 6:04 AM
capitalcube.com logoMethanex Corp. :MX-CA: Earnings Analysis: Q1, 2016 By the Numbers (TSE:MX)
www.capitalcube.com - May 2 at 1:20 PM
news.sys-con.com logoMethanex Reports on Annual General Meeting of Shareholders - SYS-CON Media (press release) (TSE:MX)
news.sys-con.com - April 30 at 8:04 AM
finance.yahoo.com logoEdited Transcript of MX.TO earnings conference call or presentation 28-Apr-16 4:00pm GMT (TSE:MX)
finance.yahoo.com - April 29 at 12:45 AM
biz.yahoo.com logoQ1 2016 Methanex Corp Earnings Release - After Market Close (TSE:MX)
biz.yahoo.com - April 27 at 7:07 AM
News IconMethanex to Webcast Annual General Meeting-April 28, 2016 - SYS-CON Media (press release) (TSE:MX)
www.sys-con.com - April 22 at 9:09 AM
News IconDNV GL welcomes Lindanger to fleet – world’s first methanol fuelled ocean-going vessel (TSE:MX)
www.bymnews.com - April 21 at 9:04 AM
capitalcube.com logoMethanex Corp. – Value Analysis (TORONTO:MX) : April 19, 2016 (TSE:MX)
www.capitalcube.com - April 19 at 11:17 AM
capitalcube.com logoMethanex Corp. breached its 50 day moving average in a Bearish Manner : MX-CA : April 18, 2016 (TSE:MX)
www.capitalcube.com - April 18 at 8:25 AM
marketwired.com logoIndustry Welcomes World's First Ocean-Going Vessels Capable of Running on Methanol - Marketwired (press release) (TSE:MX)
www.marketwired.com - April 11 at 3:01 PM
capitalcube.com logoMethanex Corp. breached its 50 day moving average in a Bearish Manner : MX-CA : April 5, 2016 (TSE:MX)
www.capitalcube.com - April 5 at 8:26 AM
News IconMethanex Co. (MX) Downgraded by TD Securities to “Hold” - MicroCap Magazine (TSE:MX)
microcapmagazine.com - March 24 at 2:55 PM
news.sys-con.com logoMethanex Corporation Appoints Benita Warmbold to its Board of Directors - SYS-CON Media (press release) (TSE:MX)
news.sys-con.com - February 10 at 12:14 PM
finance.yahoo.com logoEdited Transcript of MX.TO earnings conference call or presentation 28-Jan-16 5:00pm GMT (TSE:MX)
finance.yahoo.com - January 28 at 9:30 PM
news.sys-con.com logoMethanex Corporation - Notice of Cash Dividend - SYS-CON Media (press release) (TSE:MX)
news.sys-con.com - January 28 at 6:10 PM
publicnow.com logoMethanex Corporation - Notice of Cash Dividend (TSE:MX)
www.publicnow.com - January 28 at 5:17 PM
biz.yahoo.com logoQ4 2015 Methanex Corp Earnings Release - After Market Close (TSE:MX)
biz.yahoo.com - January 27 at 7:07 AM
baystreet.ca logoGDP Due Out in Canada, U.S., Next Week (TSE:MX)
www.baystreet.ca - January 22 at 5:40 PM
finance.yahoo.com logoU.S. confirms import duties on melamine from China (TSE:MX)
finance.yahoo.com - December 2 at 2:09 PM
capitalcube.com logoMethanex Corp. breached its 50 day moving average in a Bearish Manner : November 30, 2015 (TSE:MX)
www.capitalcube.com - November 30 at 9:30 AM
capitalcube.com logoMethanex Corp. – Value Analysis (TORONTO:MX) : November 27, 2015 (TSE:MX)
www.capitalcube.com - November 27 at 11:33 AM
capitalcube.com logoMethanex Corp. breached its 50 day moving average in a Bearish Manner : November 20, 2015 (TSE:MX)
www.capitalcube.com - November 20 at 9:22 AM

Social

Methanex (TSE:MX) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff