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: https://www.methanex.com/
Capitalization:
  • 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
P/E:
  • 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:
  • Dividend Yield: 2.4%
Profitability:
  • EBIDTA: C$572.88 million
  • Net Margins: 15.06%
  • Return on Equity: 20.71%
  • Return on Assets: 8.68%
Misc:
  • 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)
Show:
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

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
10/25/2017        
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)

Estimates

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)

Dividends

Dividend History by Quarter for Methanex (TSE MX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/21/2017Quarterly$0.301.92%9/14/20179/16/20179/30/2017
6/12/2015Quarterly$0.281.63%6/12/20156/30/20156/30/2015
3/13/2015Quarterly$0.251.46%3/13/20153/31/20153/31/2015
11/26/2014quarterly$0.251.87%12/15/201412/17/201412/31/2014
7/17/2014quarterly$0.251.31%9/12/20149/16/20149/30/2014
6/12/2014Quarterly$0.251.54%6/12/20146/30/20146/30/2014
3/13/2014Quarterly$0.201.05%3/13/20143/31/20143/31/2014
11/27/2013quarterly$0.201.32%12/13/201312/17/201312/31/2013
7/18/2013quarterly$0.209/16/20139/30/2013
(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)

Headlines

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

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Chart

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

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