MEOH - Methanex Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
31.75
-0.94 (-2.88%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close32.69
Open32.78
Bid0.00 x 1400
Ask0.00 x 800
Day's Range31.49 - 32.99
52 Week Range31.49 - 83.23
Volume242,040
Avg. Volume452,700
Market Cap2.403B
Beta (3Y Monthly)1.55
PE Ratio (TTM)6.81
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.44 (4.41%)
Ex-Dividend Date2019-09-13
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • GlobeNewswire

    Industry Welcomes Second-Generation Low Emission Methanol-Fuelled Vessels

    VANCOUVER, British Columbia, Aug. 20, 2019 -- Waterfront Shipping Company Ltd., a wholly owned subsidiary of Methanex Corporation, and Marinvest/Skagerack Invest (Marinvest).

  • GlobeNewswire

    Methanex Files Shelf Prospectus for Future Debt Offerings

    Methanex Corporation (MX.TO) (MEOH) announced today that it has filed a preliminary short form base shelf prospectus with the securities regulatory authority in the Province of British Columbia. A corresponding prospectus will also be filed with the U.S. Securities and Exchange Commission (the “SEC”) as part of a registration statement on Form F-10 in accordance with the Multijurisdictional Disclosure System established between Canada and the United States at the time that the final short form base shelf prospectus is filed. The shelf prospectus and the registration statement, when made final or effective, will allow the Company, by way of one or more prospectus supplements, to offer up to an aggregate principal amount of US$1,200,000,000 of debt securities.

  • GlobeNewswire

    Methanex Reports Second Quarter 2019 Results

    VANCOUVER, British Columbia, July 31, 2019 -- For the second quarter of 2019, Methanex (TSX:MX) (NASDAQ:MEOH) reported net income attributable to Methanex shareholders of $50.

  • GlobeNewswire

    Methanex Corporation Appoints Kevin Rodgers to Its Board of Directors

    Methanex Corporation (MX.TO) (MEOH) announced the appointment of Kevin Rodgers to its Board of Directors effective July 26, 2019. Mr. Rodgers brings almost thirty years of financial and capital market experience to the Board. Mr. Rodgers also served as the Managing Director and Global Head of Foreign Exchange at Deutsche Bank from 2012 to 2014 and held several other leadership roles at Deutsche Bank since 1999.

  • GlobeNewswire

    Methanex Announces Final Investment Decision for Advantaged Geismar 3 Project

    Methanex Corporation (MX.TO) (MEOH) announced today that its Board of Directors reached a unanimous final investment decision to construct a 1.8 million tonne methanol plant in Geismar, Louisiana adjacent to its existing Geismar 1 and Geismar 2 facilities. Construction on the Geismar 3 plant will begin later this year and operations are targeted in the second half of 2022. The Company has a robust and flexible financing plan for the Geismar 3 project.

  • GlobeNewswire

    Methanex Corporation – Notice of Cash Dividend

    VANCOUVER, British Columbia, July 18, 2019 -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has declared a quarterly dividend of.

  • GlobeNewswire

    Methanex Reports on Annual General Meeting of Shareholders

    VANCOUVER, British Columbia, April 26, 2019 -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results.

  • GlobeNewswire

    Methanex Announces a 9% Dividend Increase

    VANCOUVER, British Columbia, April 24, 2019 -- Methanex Corporation (the “Company” or “Methanex”) (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has.

  • GlobeNewswire

    Methanex Reports First Quarter 2019 Results and Increases Dividend by 9%

    For the first quarter of 2019, Methanex (MX.TO) (MEOH) reported net income attributable to Methanex shareholders of $38 million ($0.50 per common share on a diluted basis) compared to net income of $161 million ($1.68 per common share on a diluted basis) in the fourth quarter of 2018. Adjusted EBITDA for the first quarter of 2019 was $194 million and Adjusted net income was $56 million ($0.73 per common share). Excluding the impact of IFRS 16, Adjusted EBITDA would have been $166 million in the first quarter of 2019. This compares with Adjusted EBITDA of $197 million and Adjusted net income of $90 million ($1.15 per common share) for the fourth quarter of 2018.

  • GlobeNewswire

    Methanex Announces Cooperation Agreement with M&G

    Methanex Corporation (“Methanex” or the “Company”) (MX.TO) (MEOH) announces that it has reached a cooperation agreement (the “Agreement”) with M&G Investments (“M&G”) pursuant to which the Company will recommend Paul Dobson for election to its eleven member board of directors at the upcoming annual general meeting of shareholders (the “Meeting”) on April 25, 2019. “We are pleased to have come to a cooperation agreement with our largest shareholder that is both responsive to their views and allows us to move forward with our mutual goal of maintaining Methanex’s leading position in the methanol industry while generating strong returns for shareholders,” said Chairman of the Board, Tom Hamilton.

  • GlobeNewswire

    Leading Independent Proxy Advisor Recommends Methanex Shareholders Vote the WHITE Proxy for Management’s Nominees

    Methanex Corporation (“Methanex” or the “Company”) (MX.TO) (MEOH) announces that leading independent proxy advisor Glass Lewis and Co. (“Glass Lewis”) has recommended that Methanex shareholders vote “FOR” all the Company director nominees at the upcoming annual general meeting of shareholders on April 25, 2019.

  • PR Newswire

    M&G Investments Sends Letter to Methanex Shareholders

    LONDON, April 3, 2019 /PRNewswire/ -- M&G Investments, the investment manager of approximately 16.5% of the shares of Methanex Corporation ("Methanex" or the "Company") (MX.TO) (MEOH) today released the following open letter to its fellow shareholders. This focus has not changed.

  • GlobeNewswire

    Methanex Releases Letter to Shareholders, Highlights Consistent Strategy and Proven Results

    Methanex Corporation (“Methanex” or the “Company”) (MX.TO) (MEOH) filed a letter to shareholders today ahead of the Company’s upcoming annual general meeting (the “Meeting”) on April 25, 2019. The letter, included below, spotlights the clear choice for shareholders: Methanex’s consistent strategy that has balanced profitable growth with a demonstrated commitment to returning excess cash to shareholders, versus M&G Investments’ (“M&G”) singular focus on divesting, not investing in the Company’s growth.

  • PR Newswire

    M&G Investments Issues Letter to Methanex Shareholders

    LONDON, March 28, 2019 /PRNewswire/ -- M&G Investments, the investment manager of approximately 16.5% of the shares of Methanex Corporation ("Methanex" or the "Company") (MX.TO) (MEOH) today released the following open letter to its fellow shareholders. It is precisely because of those basic principles, and because of our concerns about Methanex's corporate governance, that we have made the decision to provide Methanex shareholders with the opportunity to elect four new, highly-qualified, independent directors. Under appropriate circumstances we would continue to own Methanex indefinitely.

  • GlobeNewswire

    Analysis: Positioning to Benefit within JD, Five9, Ambarella, Natera, Methanex, and Virtusa — Research Highlights Growth, Revenue, and Consolidated Results

    NEW YORK, March 28, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • PR Newswire

    M&G Investments Announces Four Highly-Qualified Director Nominees for Methanex Board

      Urgent Change is Needed to Protect the Investment of All Methanex Shareholders Pursuing Geismar 3 Without a Partner Introduces Material Financial Risk to Methanex Shareholders M&G is Company's Largest ...

  • GlobeNewswire

    Methanex Comments on Shareholder Letter

    Methanex Corporation (“Methanex” or the “Company”) (MX.TO) (MEOH) confirms that it has received a letter from M&G Investment Management Limited and M&G (Lux) Investment Funds 1 (together, “M&G”) indicating that M&G is preparing to nominate individuals to the Board of Directors (the “Board”) at the Company’s upcoming meeting of shareholders on April 25, 2019. The Company has not received any formal nomination pursuant to the Advance Notice provision in its by-laws. Methanex advises shareholders no action is required with respect to M&G’s letter.

  • GlobeNewswire

    Methanex Announces A 5% Share Repurchase Program

    Methanex Corporation (the “Company” or “Methanex”) (MX.TO) (MEOH) announced today that its Board of Directors has approved a Normal Course Issuer Bid (“NCIB”) whereby the Company will purchase for cancellation up to 3,863,298 common shares ("Shares"), representing approximately 5% of the 77,265,973 Shares issued and outstanding as of March 8, 2019. Purchases under the NCIB will commence on March 18, 2019 and end no later than March 17, 2020. John Floren, President and CEO of Methanex commented, “Our announcement of a new share repurchase program builds on a long track record of returning excess cash to shareholders.

  • GlobeNewswire

    Methanex Reports Fourth Quarter 2018 Results

    VANCOUVER, British Columbia, Jan. 30, 2019 -- For the fourth quarter of 2018, Methanex (TSX:MX) (NASDAQ:MEOH) reported net income attributable to Methanex shareholders of $161.

  • GlobeNewswire

    Methanex Corporation to Speak at the CIBC 22nd Annual Whistler Institutional Investor Conference

    VANCOUVER, British Columbia, Jan. 21, 2019 -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that Mr. John Floren, Methanex’s President and CEO, will speak at the.

  • GlobeNewswire

    Methanex Corporation Announces Passing of Director

    Methanex Corporation (MX.TO) (MEOH) announced today with great sadness that Mr. Douglas Mahaffy, a member of Methanex’s Board of Directors, passed away on January 6, 2019 after a brief illness. Mr. Mahaffy was appointed to the Company’s Board of Directors in May 2006 and served on the Corporate Governance and Human Resources Committees. Mr. Tom Hamilton, Chairman of the Board of Methanex stated, “We are deeply saddened to announce Doug’s passing.

  • GlobeNewswire

    Analysis: Positioning to Benefit within Snap, Kansas City Southern, Intel, Methanex, Retail Opportunity Investments, and Acadia Healthcare — Research Highlights Growth, Revenue, and Consolidated Results

    NEW YORK, Dec. 07, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • GlobeNewswire

    New Research: Key Drivers of Growth for CVR Refining, LP, First American, Southern Copper, Retail Opportunity Investments, Methanex, and OSI — Factors of Influence, Major Initiatives and Sustained Production

    NEW YORK, Oct. 31, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.