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Summary Methanex boosted their dividends significantly during 2022 whilst also conducting large share buybacks. Despite this wave of cash, their share price suffered during recent months on the back of recession fears. Notwithstanding these concerns, methanol prices held up qu...
VANCOUVER, British Columbia, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce it has made a significant investment to reduce carbon emissions at its Motunui facility in New Ze...
Methanex ( NASDAQ: MEOH ) on Monday was upgraded to Sector Outperform from Sector Perform by analysts at Scotiabank because the methanol producer's valuation is compelling after a significant selloff. “We offer no elaborate multi-pronged thesis to our upgrade,”...
VANCOUVER, British Columbia, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX:MX) (NASDAQ:MEOH) announced today that the Toronto Stock Exchange (the “TSX”) has approved the Company’s previously announ...
Methanex ( NASDAQ: MEOH ) said Thursday John Floren, president and CEO, will retire as of Dec. 31 . Floren will also step down from MEOH's board. MEOH appointed Rich Sumner as president, CEO and board member, effective Jan. 1, 2023. Sumner currently serves as ...
VANCOUVER, British Columbia, Sept. 15, 2022 (GLOBE NEWSWIRE) -- The Board of Directors (“Board”) of Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that John Floren will retire as President and CEO and from the Board as of December 31, 2022. The Board has appointed...
VANCOUVER, British Columbia, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has approved a Normal Course Issuer Bid (“NCIB”) whereby the Compan...
Methanex Corporation (MEOH) Q2 2022 Earnings Conference Call July 28, 2022 11:00 AM ET Company Participants Sarah Herriott - Director, IR John Floren - President and CEO Conference Call Participants Ben Isaacson - Scotiabank Joel Jackson - BMO Capital...
Methanex press release ( NASDAQ: MEOH ): Q2 Non-GAAP EPS of $1.16 misses by $0.57 . Revenue of $1.14B (+6.5% Y/Y) in-line. Adjusted EBITDA for the second quarter of 2022 was $243 million For further details see: Methanex Non-GAAP EPS of $1.16 misses by $0...
Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $125 million and Adjusted EBITDA of $243 million. Geismar 3 ("G3") project capital cost and schedule review completed in July. First methanol...
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VANCOUVER, British Columbia and CALGARY. Alberta, July 17, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (“Methanex”) (TSX:MX) (NASDAQ:MEOH), one of the world’s largest methanol producers and suppliers and Entropy Inc. (“Entropy”), a leader in carbon capture and...
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