Date | Price Target | Rating | Analyst |
---|---|---|---|
9/10/2024 | $56.00 → $44.00 | Overweight → Equal Weight | Barclays |
8/7/2024 | $50.00 → $51.00 | Neutral → Overweight | Piper Sandler |
2/8/2024 | $51.00 → $60.00 | Neutral → Buy | UBS |
11/2/2023 | $40.00 → $45.00 | Sell → Neutral | UBS |
10/30/2023 | $47.00 → $54.00 | Sector Perform → Sector Outperform | Scotiabank |
9/19/2023 | $50.00 → $60.00 | Mkt Perform → Outperform | Raymond James |
6/12/2023 | $60.00 → $47.00 | Sector Outperform → Sector Perform | Scotiabank |
4/12/2023 | $46.00 → $49.00 | Underweight → Neutral | Piper Sandler |
Scotiabank analyst Ben Isaacson maintains Methanex (NASDAQ:MEOH) with a Sector Outperform and raises the price target from $58 to $60.
UBS analyst Joshua Spector maintains Methanex (NASDAQ:MEOH) with a Buy and raises the price target from $62 to $64.
6-K - METHANEX CORP (0000886977) (Filer)
6-K - METHANEX CORP (0000886977) (Filer)
6-K - METHANEX CORP (0000886977) (Filer)
Barclays downgraded Methanex from Overweight to Equal Weight and set a new price target of $44.00 from $56.00 previously
Piper Sandler upgraded Methanex from Neutral to Overweight and set a new price target of $51.00 from $50.00 previously
UBS upgraded Methanex from Neutral to Buy and set a new price target of $60.00 from $51.00 previously
Except where otherwise noted, all currency amounts are stated in United States dollars. Unique opportunity to acquire world-scale producing methanol assets with access to robust North American natural gas feedstock Aligns with Methanex's strategic priorities and value-creation strategyAcquisition expected to be immediately accretive to free cash flow per share OCI to hold a 13 percent ownership interest upon closing VANCOUVER, British Columbia, Sept. 08, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation ("Methanex" or the "Company") (TSX:MX) (NASDAQ:MEOH) announced today that it has entered into a definitive agreement to acquire OCI Global's ("OCI") international methanol business for $2.05
VANCOUVER, British Columbia, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has entered into short-term commercial arrangements to provide its contracted natural gas into the New Zealand electricity market. As a result, it is temporarily idling its manufacturing operations in New Zealand until the end of October 2024. These commercial arrangements are expected to positively impact Methanex's Q3 and Q4 2024 earnings with after-tax proceeds expected to meaningfully exceed the margin lost on New Zealand methanol production delivered to customers. The commercial arrangements are structured to provide Methanex with a base price for each uni
Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $35 million and Adjusted EBITDA of $164 million in the second quarter. Our average realized price in the second quarter was $352 per tonne compared to $343 per tonne in the first quarter of 2024.The repairs to the autothermal reformer are complete on the 1.8 million tonne methanol plant, Geismar 3 ("G3"). First methanol was successfully produced in late July and the plant is in the process of of ramping up to full rates. We have completed the repairs on the autothermal reformer and successfully operated the unit under design conditions. G3 will signific
Except where otherwise noted, all currency amounts are stated in United States dollars. Unique opportunity to acquire world-scale producing methanol assets with access to robust North American natural gas feedstock Aligns with Methanex's strategic priorities and value-creation strategyAcquisition expected to be immediately accretive to free cash flow per share OCI to hold a 13 percent ownership interest upon closing VANCOUVER, British Columbia, Sept. 08, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation ("Methanex" or the "Company") (TSX:MX) (NASDAQ:MEOH) announced today that it has entered into a definitive agreement to acquire OCI Global's ("OCI") international methanol business for $2.05
Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $35 million and Adjusted EBITDA of $164 million in the second quarter. Our average realized price in the second quarter was $352 per tonne compared to $343 per tonne in the first quarter of 2024.The repairs to the autothermal reformer are complete on the 1.8 million tonne methanol plant, Geismar 3 ("G3"). First methanol was successfully produced in late July and the plant is in the process of of ramping up to full rates. We have completed the repairs on the autothermal reformer and successfully operated the unit under design conditions. G3 will signific
VANCOUVER, British Columbia, July 18, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (the "Company" or "Methanex") (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has declared a quarterly dividend of US$0.185 per share. The dividend will be payable on September 30, 2024, to holders of common shares of record on September 16, 2024. Methanex is a Vancouver-based, publicly traded company and is one of the world's largest producers and suppliers of methanol to major international markets. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol "MX" and on the NASDAQ Global Select Market in the United States under the trading sy
SC 13G/A - METHANEX CORP (0000886977) (Subject)
SC 13G/A - METHANEX CORP (0000886977) (Subject)
SC 13G/A - METHANEX CORP (0000886977) (Subject)
VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held on April 25, 2024 in Vancouver, British Columbia. Voting Results from Annual General Meeting A total of 57,127,836 common shares were voted at the meeting, representing 84.78% of all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows: DirectorVotes For% of Votes ForVotes Against% of Votes AgainstDoug Arnell55,781,22199.66188,6140.34Jim Bertram55,600,77999.34369
VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) is pleased to announce the appointment of John Sampson, Senior Vice President, Operations, Manufacturing and Engineering at Dow Inc., to its Board of Directors effective October 1, 2023. With a career spanning 40 years in the chemical and materials sector, Mr. Sampson brings a wealth of industry knowledge and business acumen. From 1996 to 2015, Mr. Sampson held a variety of increasingly senior management positions at Dow, including Vice President, Environment, Health & Safety and Manufacturing Vice President, Chemicals & Energy. In 2015, Mr. Sampson joined Olin Corp as Vice Presiden
VANCOUVER, British Columbia, April 28, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held on April 27, 2023 in Vancouver, British Columbia. Voting Results from Annual General Meeting A total of 59,123,988 common shares were voted at the meeting, representing 86% of all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows: DirectorVotes For% of Votes ForVotes Against% of Votes AgainstDoug Arnell57,577,30498.90641,9951.10Jim Bertram53,779,52292.374,439,