|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||59.21 - 60.55|
|52 Week Range||45.48 - 83.23|
|Beta (3Y Monthly)||1.21|
|PE Ratio (TTM)||8.72|
|Forward Dividend & Yield||1.32 (2.28%)|
|1y Target Est||63.00|
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.
Methanex (MEOH) will make purchases of the common shares from time to time at current market price, and all such shares bought under the Normal Course Issuer Bid will be cancelled.
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.
Shares of DowDuPont Inc. fell 0.7% in morning trade Wednesday, after Cowen downgraded the chemical company and the industry, citing weakening macro conditions. Analyst Charles Neivert cut his rating on DowDuPont to market perform from outperform, and reduced his industry outlook to cautious. "Our industry view has become more circumspect in light of multiple risk factors which may constrain earnings, with a particular focus on the expanding supply/demand imbalance, strained feedstock supply and logistics, low oil prices and slowing GDP growth especially in regions important to U.S. chemical trade," Neivert wrote in a note to clients. "It has been 11-to-12 years since we were so universally ambivalent about owning chemical shares." DowDuPont's stock has shed 25% over the past 12 months, while the Dow Jones Industrial Average has gained 1.9%. Neivert also downgraded Celanese Corp. , Eastman Chemical Co. , Methanex Corp. and AdvanSix Inc. , all to market perform from outperform.
Lower sales of Methanex-produced methanol, lower average realized methanol prices and higher costs dent Methanex's (MEOH) Q4 margins.
VANCOUVER, British Columbia, Jan. 31, 2019 -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has declared a quarterly dividend of.
The Vancouver, British Columbia-based company said it had net income of $1.68 per share. Earnings, adjusted for non-recurring gains, came to $1.15 per share. The methanol supplier posted revenue of $976.6 ...
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.
# Methanex Corp ### NASDAQ/NGS:MEOH View full report here! ## Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short interest is low for MEOH with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $1.14 billion over the last one-month into ETFs that hold MEOH are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
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.
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.
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,.
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