Methanex Corporation

MX

CA59151K1084

Commodity Chemicals

Market Closed - Toronto S.E. Other stock markets 21:00:00 15/07/2024 BST			5-day change	1st Jan Change
70.77 ^CAD	+1.81%		+8.66%	+12.91%

07-09	UBS Raises Price Target on Methanex to $64 From $62, Maintains Buy Rating	MT
06-28	Methanex's Sector-Perform Rating, US$55.00 Price Target Maintained by RBC Capital Markets	MT

METHANEX CORPORATION PARTICIPATED IN THE 26TH ANNUAL CIBC WESTERN INSTITUTIONAL INVESTOR CONFERENCE

January 23, 2023 at 02:42 pm

VANCOUVER, British Columbia - Methanex Corporation's (TSX:MX) (NASDAQ:MEOH) President and CEO, Mr. Rich Sumner, participated in a fireside chat at the 26th Annual CIBC Western Institutional Investor Conference on Thursday, January 19, 2023.

An audio replay of Mr. Sumner's remarks may be accessed through Methanex's website at https://www.methanex.com/investor-relations/events.

Methanex is a Vancouver-based, publicly traded company and is the world's largest supplier of methanol to major international markets. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol 'MX' and on the NASDAQ Global Market in the United States under the trading symbol 'MEOH'. Methanex can be visited online at www.methanex.com.

Contact:

Investor

Sarah Herriott

Director

Methanex Corporation

T: 604-661-2600

Toll Free: 1-800-661-8851

WEB: www.methanex.com

Latest news about Methanex Corporation

UBS Raises Price Target on Methanex to $64 From $62, Maintains Buy Rating	07-09	MT
Methanex's Sector-Perform Rating, US$55.00 Price Target Maintained by RBC Capital Markets	06-28	MT
Methanex Maintained at Buy at TPH on Mixed Outlook for June Methanol Prices; Price Target at US$54.00	06-27	MT
Methanex Maintained at Buy at UBS as Egypt Production Suspended on Gas-Supply Disruption; Price Target Raised to US$62.00	06-06	MT
RBC on Methanex's Egypt Operations Update	06-05	MT
Methanex Says its 50% Owned Egyptian Methanol Plant Idled on Low Natural-Gas Supply	06-04	MT
Methanex Shuts Egypt Methanol Plant Temporarily on Low Gas Supply	06-04	MT
Methanex Brief: Providing Update on Egypt Operations	06-04	MT
Methanex Price Target Raised to US$55 at RBC	06-03	MT
RBC Raises Price Target on Methanex to $55 From $50 on Higher Near-Term Methanol Prices, Maintains Sector Perform Rating	06-03	MT
Methanex Maintained at Buy at TPH as June Methanol Prices Rise; Price Target at US$54.00	05-30	MT
UBS Adjusts Price Target on Methanex to $60 From $62, Maintains Buy Rating	04-30	MT
Methanex Price Target Raised to US$50 at RBC	04-26	MT
Methanex Corporation Approves Appointment of Roger Perreault to its Board of Directors	04-25	CI
RBC Capital Markets Maintains Methanex's Sector Perform Rating, US$45 Price Target, After In-Line Q1 Results	04-25	MT
UBS Adjusts Methanex Price Target to $62 From $59, Maintains Buy Rating	04-25	MT
Transcript : Methanex Corporation, Q1 2024 Earnings Call, Apr 25, 2024	04-25
Methanex Corporation Declares Quarterly Cash Dividend, Payable on June 28, 2024	04-25	CI
Methanex Up 2.2% After Hours as its Q1 Profit Falls 42% on Lower Prices and Production, But Tops Estimates	04-24	MT
Methanex Brief: Says Work is "Progressing" to safely repair the Geismar 3 Plant and Co believes Plant is "On Track" to start up in the third quarter of 2024	04-24	MT
Methanex Brief: Q1 Net income attributable to Methanex shareholders of US$53 million	04-24	MT
Methanex Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	04-24	CI
Methanex Brief: Renewing and Adding New Tranche to Revolving Credit Facility	04-24	MT
Methanex Corporation Updates Production Guidance for the Year 2024	04-24	CI
Methanex Corporation Renews and Adds New Tranche to Revolving Credit Facility	04-24	CI

Chart Methanex Corporation

Duration

Period

More charts

Company Profile

Methanex Corporation is a Canada-based producer and supplier of methanol to international markets. The Company supplies methanol to international markets in North America, Asia Pacific, Europe, and South America. Its operations consist of the production and sale of methanol, a commodity chemical. It operates production sites in Canada, Chile, Egypt, New Zealand, Trinidad and Tobago and the United States. It has three plants in New Zealand, Motunui 1, Motunui 2 and Waitara Valley. Its two plants in Geismar serve customers in methanol markets. It has two plants in Trinidad, Titan and Atlas that supplies methanol to various methanol markets. Its Chile production site supplies methanol to customers in South America and Asia Pacific, having two plants in Chile, Chile I and Chile IV. Its Egypt plant is located on the Mediterranean Sea and primarily supply methanol to the domestic and European market. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America.

Sector

Commodity Chemicals

Calendar

23/07/2024 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Methanex Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

51.79 USD

Average target price

53.5 USD

Spread / Average Target

+3.29%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Commodity Chemicals

	1st Jan change	Capi.
METHANEX CORPORATION	+12.91%	3.49B
AIR LIQUIDE	+1.82%	103B
SABIC	-6.47%	61.99B
PT CHANDRA ASRI PACIFIC TBK	+84.76%	51.87B
WANHUA CHEMICAL GROUP CO., LTD.	+6.22%	35.32B
LYONDELLBASELL INDUSTRIES N.V.	+0.60%	31.15B
WESTLAKE CORPORATION	+4.57%	18.82B
NINGXIA BAOFENG ENERGY GROUP CO., LTD.	+18.55%	17.65B
HENGLI PETROCHEMICAL CO.,LTD.	+8.96%	13.92B
SOLAR INDUSTRIES INDIA LIMITED	+75.12%	13.01B

Other Commodity Chemicals