Methanex Company Profile (TSE:MX)

About Methanex

Methanex 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: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: MX
  • CUSIP:
Key Metrics:
  • Previous Close: $68.84
  • 50 Day Moving Average: $63.74
  • 200 Day Moving Average: $52.31
  • 52-Week Range: C$35.01 - C$69.88
  • Trailing P/E Ratio: N/A
  • P/E Growth: 1.10
  • Market Cap: $6.18B
  • Outstanding Shares: 89,825,000
Additional Links:

Analyst Ratings

Consensus Ratings for Methanex (TSE:MX) (?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: C$53.40

Analysts' Ratings History for Methanex (TSE:MX)
Show:
DateFirmActionRatingPrice TargetDetails
2/22/2017ScotiabankReiterated RatingSector PerformC$48.00View Rating Details
1/27/2017TD SecuritiesBoost Price TargetHoldC$47.00 -> C$50.00View Rating Details
1/26/2017Royal Bank of CanadaReiterated RatingSector PerformC$68.00View Rating Details
1/3/2017BMO Capital MarketsSet Price TargetOutperformC$53.00View Rating Details
1/3/2017Raymond James Financial, Inc.DowngradeOutperform -> Market PerformC$48.00View Rating Details
7/16/2015CIBCLower Price TargetSector PerformC$59.00 -> C$55.00View Rating Details
(Data available from 2/28/2015 forward)

Earnings

Earnings History for Methanex (TSE:MX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
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: $3.64 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($0.21)$0.86$0.34
Q4 20162$0.21$0.73$0.47
Q1 20173$0.58$1.21$0.91
Q2 20173$0.18$1.08$0.70
Q3 20173$0.42$1.09$0.78
Q4 20172$0.91$1.02$0.97
(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
1/30/2017Wade WigginsDirectorSell150C$49.98C$7,497.00
11/8/2016Wendy BachInsiderBuy4,619C$48.08C$222,081.52
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
capitalcube.com logoMethanex Corp. :MX-CA: Earnings Analysis: 2016 By the Numbers : January 30, 2017 (TSE:MX)
www.capitalcube.com - January 30 at 7:24 PM
News IconRoyal Bank Of Canada Reaffirms Sector Perform Rating for Methanex Co. (MX) (TSE:MX)
cote-ivoire.com - January 28 at 6:49 PM
News IconNext Weeks Broker Price Targets For Methanex Corporation (NASDAQ:MEOH) (TSE:MX)
itapunta.com - January 28 at 6:49 PM
News Icon(MX) Given a C$47.00 Price Target at Scotiabank (TSE:MX)
prensariotiretail.com - January 28 at 6:49 PM
finance.yahoo.com logoEdited Transcript of MX.TO earnings conference call or presentation 26-Jan-17 5:00pm GMT (TSE:MX)
finance.yahoo.com - January 27 at 3:29 AM
finance.yahoo.com logoWhy Methanex Corporation (MEOH) Stock Might be a Great Pick (TSE:MX)
finance.yahoo.com - January 23 at 10:00 AM
News Icon(MX) Downgraded to Market Perform at Raymond James Financial, Inc (TSE:MX)
larampadinapoli.com - January 5 at 12:35 AM
News IconMarket Rating: Methanex (TSE:MX) Investors: Scotia Capital Reconfirms Sector Perform Rating, Sees $47.00/Share - Thorold News (TSE:MX)
www.whatsonthorold.com - December 22 at 5:36 AM
capitalcube.com logoMethanex Corp. : MX-CA: Dividend Analysis : December 17th, 2016 (record date) : By the numbers : December 21, 2016 (TSE:MX)
www.capitalcube.com - December 21 at 10:46 AM
capitalcube.com logoETFs with exposure to Methanex Corp. : December 12, 2016 (TSE:MX)
www.capitalcube.com - December 12 at 6:50 PM
capitalcube.com logoMethanex Corp. :MX-CA: Earnings Analysis: Q3, 2016 By the Numbers : December 9, 2016 (TSE:MX)
www.capitalcube.com - December 9 at 9:02 AM
News IconResearch Reports Initiated on Chemicals Stocks Argex Titanium, Methanex, Canexus, and Chemtrade Logistics Income Fund (TSE:MX)
news.investornetwork.com - November 7 at 10:07 AM
finance.yahoo.com logoEdited Transcript of MX.TO earnings conference call or presentation 27-Oct-16 4:00pm GMT (TSE:MX)
finance.yahoo.com - October 28 at 9:59 AM
biz.yahoo.com logoQ3 2016 Methanex Corp Earnings Release - After Market Close (TSE:MX)
biz.yahoo.com - October 26 at 9:41 AM
capitalcube.com logoMethanex Corp. : MX-CA: Dividend Analysis : September 16th, 2016 (record date) : By the numbers : September 29, 2016 (TSE:MX)
www.capitalcube.com - September 29 at 6:15 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

What is Methanex's stock symbol?

Methanex trades on the Tornton Stock Exchange (TSX) under the ticker symbol "MX."

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

5 brokerages have issued 1 year target prices for Methanex's stock. Their predictions range from C$48.00 to C$68.00. On average, they anticipate Methanex's share price to reach C$53.40 in the next twelve months.

When will Methanex announce their earnings?

Methanex is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

How do I buy Methanex stock?

Shares of Methanex and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

How much does a share of Methanex stock cost?

One share of Methanex stock can currently be purchased for approximately C$68.84.

Methanex (TSE:MX) Chart for Tuesday, February, 28, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Methanex (TSE:MX)

Earnings History Chart

Earnings by Quarter for Methanex (TSE:MX)

Dividend History Chart

Dividend Payments by Quarter for Methanex (TSE:MX)

Last Updated on 2/28/2017 by MarketBeat.com Staff