|Bid||0.00 x 900|
|Ask||0.00 x 1300|
|Day's Range||18.36 - 18.97|
|52 Week Range||9.00 - 42.19|
|Beta (5Y Monthly)||2.46|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.15 (0.81%)|
|Ex-Dividend Date||Sep 15, 2020|
|1y Target Est||21.85|
This is a very challenging quarter for the methanol industry and our company. Due to the impact of COVID-19 and low oil prices, we recorded adjusted EBITDA of $32 million and an adjusted net loss of $64 million or $0.84 per share.
Lower methanol prices dent Methanex's (MEOH) revenues in Q2.
Methanex (MEOH) delivered earnings and revenue surprises of 20.00% and -13.61%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?