Methanex Corporation

MX

CA59151K1084

Commodity Chemicals

Market Closed - Toronto S.E. Other stock markets 21:00:00 04/07/2024 BST			5-day change	1st Jan Change
66.87 ^CAD	-0.22%		+1.36%	+6.68%

06-28	Methanex's Sector-Perform Rating, US$55.00 Price Target Maintained by RBC Capital Markets	MT
06-27	Methanex Maintained at Buy at TPH on Mixed Outlook for June Methanol Prices; Price Target at US$54.00	MT

Methanex Corporation Reports Earnings Results for the Full Year Ended December 31, 2021

January 26, 2022 at 10:19 pm

Methanex Corporation reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was USD 4,414.56 million compared to USD 2,649.96 million a year ago. Net income was USD 482.36 million compared to net loss of USD 156.68 million a year ago.

Basic earnings per share from continuing operations was USD 6.34 compared to basic loss per share from continuing operations of USD 2.06 a year ago. Diluted earnings per share from continuing operations was USD 6.13 compared to diluted loss per share from continuing operations of USD 2.06 a year ago.

Latest news about Methanex Corporation

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
Methanex Maintained at Buy at TPH as Methanol Prices Rise; Price Target at US$52.00	04-24	MT

Chart Methanex Corporation

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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)

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Ratings for Methanex Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

49.13 USD

Average target price

53.5 USD

Spread / Average Target

+8.90%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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