Methanex Company Profile (TSE:MX)

About Methanex (TSE:MX)

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: Basic Materials
  • Industry: Chemicals - Major Diversified
  • Sub-Industry: N/A
  • Symbol: TSE:MX
  • CUSIP: N/A
  • Web:
  • Market Cap: C$5.52 billion
  • Outstanding Shares: 86,124,000
Average Prices:
  • 50 Day Moving Avg: C$59.10
  • 200 Day Moving Avg: C$59.04
  • 52 Week Range: C$38.32 - C$69.88
  • Trailing P/E Ratio: 25.03
  • P/E Growth: 1.05
Sales & Book Value:
  • Annual Revenue: C$2.58 billion
  • Price / Sales: 2.14
  • Book Value: C$18.51 per share
  • Price / Book: 3.46
  • Dividend Yield: 2.4%
  • EBIDTA: C$572.88 million
  • Net Margins: 15.06%
  • Return on Equity: 20.71%
  • Return on Assets: 8.68%
  • Average Volume: 327,659 shs.
  • Short Ratio: 0.98

Frequently Asked Questions for Methanex (TSE:MX)

What is Methanex's stock symbol?

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

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

Methanex declared 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 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from Methanex's previous quarterly dividend of $0.28. View Methanex's Dividend History.

When will Methanex make its next earnings announcement?

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

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

5 brokers have issued 12-month price targets for Methanex's stock. Their forecasts range from C$48.00 to C$73.50. On average, they expect Methanex's share price to reach C$59.50 in the next year. View Analyst Ratings for Methanex.

Who are some of Methanex's key competitors?

Who are Methanex's key executives?

Methanex's management team includes the folowing people:

  • Thomas M. Hamilton Ph.D., Independent Chairman of the Board
  • John 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

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.

What is Methanex's stock price today?

One share of Methanex stock can currently be purchased for approximately C$64.04.

MarketBeat Community Rating for Methanex (TSE MX)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  128 (Vote Outperform)
Underperform Votes:  212 (Vote Underperform)
Total Votes:  340
MarketBeat's community ratings are surveys of what our community members think about Methanex 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 (TSE:MX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: C$59.50

Analysts' Ratings History for Methanex (TSE:MX)
DateFirmActionRatingPrice TargetDetails
9/18/2017BMO Capital MarketsReiterated RatingOutperformC$57.00View Rating Details
7/4/2017ScotiabankReiterated RatingSector PerformC$69.00View Rating Details
4/28/2017Royal Bank Of CanadaLower Price TargetSector PerformC$73.50View Rating Details
1/27/2017TD SecuritiesBoost Price TargetHoldC$47.00 -> C$50.00View Rating Details
1/3/2017Raymond James Financial, Inc.DowngradeOutperform -> Market PerformC$48.00View Rating Details
(Data available from 9/22/2015 forward)


Earnings History for Methanex (TSE:MX)
Earnings by Quarter for Methanex (TSE:MX)
Earnings History by Quarter for Methanex (TSE MX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/30/2014C$1.04C$1.07C$911.64 millionC$856.09 millionViewN/AView Earnings Details
4/29/2014C$1.99C$1.65C$1.12 billionC$1.07 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Methanex (TSE:MX)
2017 EPS Consensus Estimate: $3.20
2018 EPS Consensus Estimate: $6.06
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.58$1.21$0.91
Q2 20174$0.18$1.36$0.87
Q3 20174$0.42$1.09$0.71
Q4 20173$0.22$1.02$0.72
Q1 20181$1.17$1.17$1.17
Q2 20181$1.48$1.48$1.48
Q3 20181$1.20$1.20$1.20
Q4 20181$2.21$2.21$2.21
(Data provided by Zacks Investment Research)


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

Insider Trades

Insider Trading and Institutional Ownership History for Methanex (TSE:MX)
Insider Trades by Quarter for Methanex (TSE:MX)
Insider Trades by Quarter for Methanex (TSE:MX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/12/2017David ValemboisInsiderSell2,000C$51.90C$103,800.00
9/8/2017Rudinauth ChadeeDirectorSell100C$49.85C$4,985.00
8/16/2017Mohamed ShindyDirectorSell100C$44.20C$4,420.00
8/16/2017Simon Christopher MaddrenInsiderSell5,000C$56.15C$280,750.00
8/9/2017Dean RichardsonDirectorSell200C$44.50C$8,900.00
6/9/2017Paul HexterDirectorSell2,000C$55.75C$111,500.00
5/19/2017Douglas James ArnellDirectorBuy30C$59.60C$1,788.00
5/16/2017Mohamed ShindyDirectorBuy1,500C$43.54C$65,310.00
5/4/2017Douglas James ArnellDirectorBuy500C$58.24C$29,120.00
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)


Headline Trends for Methanex (TSE:MX)
Latest Headlines for Methanex (TSE:MX)
DateHeadline logoMethanex Co. (MX) Receives Outperform Rating from BMO Capital Markets - September 18 at 3:18 PM logoMethanex Co. to Post Q3 2017 Earnings of $0.50 Per Share, Jefferies Group Forecasts (MX) - September 14 at 6:12 AM logoMethanex Co. (MX) Insider David Valembois Sells 2,000 Shares - September 12 at 10:16 PM logoMethanex Co. (MX) Announces Dividend Increase - $0.30 Per Share - September 9 at 2:16 PM logoMethanex Corp. breached its 50 day moving average in a Bullish Manner : MX-CA : August 24, 2017 - August 24 at 9:51 AM logoMethanex Corp. breached its 50 day moving average in a Bullish Manner : MX-CA : August 24, 2017 - August 24 at 9:51 AM logoInsider Selling: Methanex Co. (MX) Insider Sells 5,000 Shares of Stock - August 17 at 4:38 PM logoReport Coverage on Basic Materials Stocks, Argex Titanium, Methanex, Chemtrade Logistics Income Fund, and EcoSynthetix - August 17 at 3:47 PM logoEdited Transcript of MX.TO earnings conference call or presentation 27-Jul-17 4:00pm GMT - August 13 at 1:06 AM logoMethanex Corp. breached its 50 day moving average in a Bullish Manner : MX-CA : August 8, 2017 - August 9 at 1:58 AM logoToday's Research Reports on AltaGas Ltd., Bombardier Inc., Finning International Inc. and Methanex Corporation - August 4 at 3:35 PM logoMethanex Corp. :MX-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 4, 2017 - August 4 at 3:35 PM logoMethanex Corp. breached its 50 day moving average in a Bearish Manner : MX-CA : July 28, 2017 - July 29 at 4:56 AM logoMethanex Corp. breached its 50 day moving average in a Bullish Manner : MX-CA : July 18, 2017 - July 19 at 12:04 AM logoMethanex Co. (TSE:MX) Forecasted to Post Q2 2017 Earnings of $1.36 Per Share - July 14 at 11:22 AM logoQ1 2018 EPS Estimates for Methanex Co. (MX) Reduced by Analyst - July 13 at 1:04 PM logoMethanex Corp. – Value Analysis (TORONTO:MX) : July 7, 2017 - July 8 at 12:53 PM logoMethanex Corp. breached its 50 day moving average in a Bearish Manner : MX-CA : July 6, 2017 - July 7 at 7:37 AM logoBMO Capital Markets Analysts Give Methanex Co. (MX) a C$57.00 Price Target - July 6 at 2:38 PM logoMethanex Co. (MX) Receives Sector Perform Rating from Scotiabank - July 4 at 5:20 PM logoJefferies Group Equities Analysts Raise Earnings Estimates for Methanex Co. (MX) - June 22 at 7:18 AM logoJefferies Group Research Analysts Reduce Earnings Estimates for Methanex Co. (MX) - June 21 at 8:52 AM logoMethanex Co. (MX) Director Sells C$111,500.00 in Stock - June 12 at 4:38 PM logo2 Excellent Dividend-Growth Stocks Yielding up to 4.4% - June 12 at 4:04 PM logoCanadian Basic Materials Stocks Under Review: Argex Titanium, Methanex, Chemtrade Logistics Income Fund, and EcoSynthetix - June 12 at 9:02 AM logoJefferies Group Brokers Lower Earnings Estimates for Methanex Co. (MX) - June 1 at 9:44 AM logoBrokers Offer Predictions for Methanex Co.'s Q2 2017 Earnings (MX) - May 31 at 7:24 AM logoInsider Buying: Methanex Co. (MX) Director Buys 1,500 Shares of Stock - May 16 at 4:28 PM logoTop Ranked Growth Stocks to Buy for May 10th - May 10 at 12:11 PM logoTop Ranked Value Stocks to Buy for May 8th - May 8 at 12:27 PM logoBecome a TFSA Millionaire With Methanex Corporation and Linamar Corporation - May 5 at 7:00 PM logoDouglas James Arnell Purchases 500 Shares of Methanex Co. (MX) Stock - May 5 at 9:40 AM logoTop Ranked Growth Stocks to Buy for May 2nd - May 2 at 4:40 PM logoMethanex (MEOH) Earnings and Sales Beat Estimates in Q1 - May 1 at 12:25 PM logoWhy Methanex (MEOH) Could Shock the Market Soon - May 1 at 12:25 PM logoJefferies Group Weighs in on Methanex Co.'s Q3 2017 Earnings (MX) - May 1 at 8:47 AM logoEdited Transcript of MX.TO earnings conference call or presentation 27-Apr-17 4:00pm GMT - April 29 at 7:12 PM logoRoyal Bank of Canada Trims Methanex Co. (MX) Target Price to C$73.50 - April 29 at 3:48 PM logoCentury Aluminum (CENX) Q1 Loss Narrower than Expectation - April 28 at 9:05 AM logoMethanex beats 1Q profit forecasts - April 26 at 6:09 PM logoWhy Methanex (MEOH) Could Be Positioned for a Surge - April 20 at 9:49 AM logoMethanex Corp. – Value Analysis (TORONTO:MX) : April 12, 2017 - April 12 at 7:40 PM logoMethanex Corp. breached its 50 day moving average in a Bullish Manner : MX-CA : April 11, 2017 - April 11 at 11:05 AM logoMethanex Co. (MX) Stock Rating Reaffirmed by Royal Bank of Canada - March 28 at 11:22 AM logoMethanex Comments on 13D Filing by Largest Shareholder - March 27 at 10:15 AM logoMethanex Co. (MX) PT Set at C$51.00 by Scotiabank - March 21 at 2:31 PM logoMethanex Co. (MX) Earns Sector Perform Rating from Scotiabank - March 21 at 7:49 AM logoResearch Reports Initiated on Chemicals Stocks Methanex, EcoSynthetix, and Argex Titanium - March 20 at 10:05 AM logoEdited Transcript of MX.TO earnings conference call or presentation 26-Jan-17 5:00pm GMT - January 27 at 3:29 AM logoWhy Methanex Corporation (MEOH) Stock Might be a Great Pick - January 23 at 10:00 AM



Methanex (MX) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by Staff