Methanex（MX5）株式概要メタネクス・コーポレーションは、アジア太平洋、北米、欧州、南米でメタノールを生産・供給している。 詳細MX5 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長3/6過去の実績0/6財務の健全性3/6配当金2/6報酬当社が推定した公正価値より69.3%で取引されている 収益は年間44.84%増加すると予測されています リスク分析利払いは収益で十分にカバーされない 1.61%の配当は利益で十分にカバーされていない 過去3か月間に大規模なインサイダー売却が発生 すべてのリスクチェックを見るMX5 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW496,346 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG496,346 investors already sharing narrativesYour Fair Value€Current Price€39.3442.0% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-75m5b2016201920222025202620282031Revenue US$4.0bEarnings US$366.5mAdvancedSet Fair ValueView all narrativesMethanex Corporation 競合他社FuchsSymbol: XTRA:FPE3Market cap: €4.7bSIMONASymbol: DB:SIM0Market cap: €357.0mIBU-tec advanced materialsSymbol: XTRA:IBUMarket cap: €75.1mK+SSymbol: XTRA:SDFMarket cap: €2.4b価格と性能株価の高値、安値、推移の概要Methanex過去の株価現在の株価CA$39.3452週高値CA$55.6052週安値CA$27.80ベータ0.871ヶ月の変化-23.97%3ヶ月変化-22.86%1年変化34.73%3年間の変化4.35%5年間の変化40.45%IPOからの変化125.32%最新ニュースお知らせ • Jun 30Methanex Begins Process of Indefinitely Idling Titan Methanol Plant in Trinidad and TobagoMethanex Corporation announced that it has been unable to agree to a new natural gas contract for its Titan methanol plant in Trinidad and Tobago (860,000 tonnes per year capacity) and, as a result, will begin the process of indefinitely idling the facility. Titan’s existing natural gas contract expires in the third quarter of 2026. Methanex will undertake a preservation process at the Titan plant to provide optionality for a future restart should conditions materially improve. The Atlas methanol plant, a joint venture in which Methanex holds a 63.1% economic interest, remains indefinitely idled in a preserved state. Titan is not currently contributing to the Company’s Adjusted EBITDA and Adjusted Free Cash Flow. Methanex does not expect to incur material cash costs as a result of this decision and any updates to production or financial guidance will be released with Methanex’s regular second quarter financial communications scheduled for July 28, 2026.New Risk • Jun 26New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 1.5% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Paying a dividend despite being loss-making. Significant insider selling over the past 3 months (€1.2m sold).お知らせ • Jun 10Methanex Corporation to Report Q2, 2026 Results on Jul 28, 2026Methanex Corporation announced that they will report Q2, 2026 results at 5:00 PM, US Eastern Standard Time on Jul 28, 2026Upcoming Dividend • Jun 09Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 16 June 2026. Payment date: 30 June 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.9%).Declared Dividend • May 20First quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (8% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.お知らせ • May 02Methanex Corporation Declares Quarterly Dividend, Payable on June 30, 2026Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on June 30, 2026, to holders of common shares of record on June 16, 2026.最新情報をもっと見るRecent updatesお知らせ • Jun 30Methanex Begins Process of Indefinitely Idling Titan Methanol Plant in Trinidad and TobagoMethanex Corporation announced that it has been unable to agree to a new natural gas contract for its Titan methanol plant in Trinidad and Tobago (860,000 tonnes per year capacity) and, as a result, will begin the process of indefinitely idling the facility. Titan’s existing natural gas contract expires in the third quarter of 2026. Methanex will undertake a preservation process at the Titan plant to provide optionality for a future restart should conditions materially improve. The Atlas methanol plant, a joint venture in which Methanex holds a 63.1% economic interest, remains indefinitely idled in a preserved state. Titan is not currently contributing to the Company’s Adjusted EBITDA and Adjusted Free Cash Flow. Methanex does not expect to incur material cash costs as a result of this decision and any updates to production or financial guidance will be released with Methanex’s regular second quarter financial communications scheduled for July 28, 2026.New Risk • Jun 26New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 1.5% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Paying a dividend despite being loss-making. Significant insider selling over the past 3 months (€1.2m sold).お知らせ • Jun 10Methanex Corporation to Report Q2, 2026 Results on Jul 28, 2026Methanex Corporation announced that they will report Q2, 2026 results at 5:00 PM, US Eastern Standard Time on Jul 28, 2026Upcoming Dividend • Jun 09Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 16 June 2026. Payment date: 30 June 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.9%).Declared Dividend • May 20First quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (8% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.お知らせ • May 02Methanex Corporation Declares Quarterly Dividend, Payable on June 30, 2026Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on June 30, 2026, to holders of common shares of record on June 16, 2026.お知らせ • Mar 10Methanex Corporation to Report Q1, 2026 Results on Apr 29, 2026Methanex Corporation announced that they will report Q1, 2026 results at 5:00 PM, US Eastern Standard Time on Apr 29, 2026お知らせ • Mar 06Methanex Corporation Provides Production Guidance for the Year 2026Methanex Corporation provided production guidance for the year 2026. For the year, the company expects production to be approximately 9.0 million tonnes (Methanex interest) of methanol and 0.3 million tonnes of ammonia.お知らせ • Feb 09Methanex Corporation, Annual General Meeting, Apr 30, 2026Methanex Corporation, Annual General Meeting, Apr 30, 2026.お知らせ • Jan 30Methanex Corporation Declares Quarterly Dividend, Payable on March 31, 2026Methanex Corporation announced today that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on March 31, 2026, to holders of common shares of record on March 17, 2026.お知らせ • Dec 09Methanex Corporation to Report Q4, 2025 Results on Mar 05, 2026Methanex Corporation announced that they will report Q4, 2025 results on Mar 05, 2026お知らせ • Nov 26Methanex Corporation Appoints Don Marchand to Its Board of DirectorsMethanex Corporation announced the appointment of Don Marchand to its Board of Directors effective December 1, 2025. With a career spanning nearly four decades in finance and energy infrastructure, Mr. Marchand brings extensive expertise in financial leadership and corporate strategy. From 1994 onward, he held positions of increasing responsibility in finance at TC Energy (formerly TransCanada Corporation), a leading North American energy infrastructure company. From 2010 until his retirement in 2021, Mr. Marchand served as the Executive Vice President and Chief Financial Officer at TC Energy, with additional responsibility for Strategy and Corporate Development for three years during this period. Mr. Marchand graduated with a Bachelor of Commerce from the University of Manitoba and subsequently qualified as a Chartered Accountant and Chartered Financial Analyst. He is a member of the Institute of Chartered Professional Accountants of Alberta, the CFA Institute and the Calgary Society of Financial Analysts. Mr. Marchand also serves as a director of Fortis Inc.お知らせ • Nov 18Methanex Corporation Declares Quarterly Dividend, Payable on December 31, 2025Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on December 31, 2025, to holders of common shares of record on December 17, 2025.お知らせ • Oct 30Methanex Corporation Provides Production Guidance for the Fourth quarter and full Year 2025Methanex Corporation provided production guidance Fourth quarter and full Year 2025. For the year, The company expects production, inclusive of newly acquired assets, to be approximately 8.0 million tonnes (Methanex interest), of which 7.8 million tonnes are methanol and 0.2 million tonnes are ammonia. Actual production may vary by quarter based on gas availability, turnarounds, unplanned outages and unanticipated events. In the fourth quarter,company expected higher produced sales combined with a slightly lower average realized price.お知らせ • Sep 09Methanex Corporation to Report Q3, 2025 Results on Oct 29, 2025Methanex Corporation announced that they will report Q3, 2025 results at 5:00 PM, US Eastern Standard Time on Oct 29, 2025お知らせ • Jul 31Methanex Corporation Provides Production Guidance for the Year 2025Methanex Corporation provided production guidance for the year 2025. For the year, The company expects 2025 production, inclusive of the newly acquired assets, to be approximately 8.0 million tonnes (Methanex interest). Actual production may vary by quarter based on gas availability, turnarounds, unplanned outages and unanticipated.お知らせ • Jul 18Methanex Corporation Declares Quarterly Dividend, Payable on September 30, 2025Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on September 30, 2025, to holders of common shares of record on September 16, 2025.お知らせ • Jun 27Methanex Corporation (TSX:MX) completed the acquisition of OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC.Methanex Corporation (TSX:MX) entered into a definitive agreement to acquire OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC for $2.1 billion on September 8, 2024. A cash consideration of $1.15 billion will be paid by Methanex Corporation subject to customary closing adjustments, 9.9 million common equity of Methanex Corporation to be issued and and the assumption of $450 million in debt and leases. Under the definitive agreement with OCI, the approximate $2.05 billion purchase price will consist of $1.18 billion in cash, the issuance of 9.9 million common shares of Methanex valued at $450 million (based on a $45 per share price) and the assumption of approximately $450 million in debt and leases. Purchase price consideration of $2.05 billion on a cash-free and debt-free basis following a competitive process. OCI is expected to become an approximately 13% shareholder, and the second largest shareholder in Methanex following the Transaction. Acquisition expected to be immediately accretive to free cash flow per share. The transaction reflects TEV/EBITDA multiple of 7.5x. Methanex intends to fund the cash consideration of the transaction through a combination of cash on hand and new debt issuance. Following the announcement of the sale of OCI Methanol, OCI repurchased its 11% and 4% minority stakes in OCI Methanol from Alpha Dhabi Holding PJSC and ADQ, respectively. The Company has obtained a fully committed debt financing package from Royal Bank of Canada to support the transaction. Proceeds from the Transaction will be prioritized to significantly reduce OCI holding company gross debt and to return capital to shareholders. OCI holds 85% stake, and Alpha Dhabi Holding and ADQ holds 15% stake in OCI Methanol. Net proceeds to OCI expected to be approximately $1.2 billion after adjusting for net indebtedness, payments to minority interest holders (ADH/ADQ), outstanding gas hedges and other adjustments. The Transaction is expected to close in the first half of 2025 subject to satisfaction of certain regulatory approvals, customary closing conditions, and other closing conditions including TSX approval for the issuance of Methanex shares to OCI and receipt of OCI shareholder approval. The transaction has been approved by the boards of directors of both companies. An agreement to vote for the Transaction has been signed by the largest shareholder of OCI with an interest of approximately 39% in the Company. As on October 29, 2024, Methanex announced the successful syndication of acquisition financing to support the earlier announced agreement to acquire OCI Global’s international methanol business (“OCI Acquisition”) for $2.05 billion. The new financing arrangements are with a syndicate of highly rated financial institutions and include, up to $650 million in Term Loan A commitments which can be drawn upon closing of the OCI Acquisition. The Term Loan A carries a variable interest rate and is split between three and four-year tenors that can be flexibly repaid to support de-levering, $600 million in revolving credit facility commitments, split between a $400 million tranche which will have a renewed five-year tenor and a $200 million tranche with a three-year tenor, both from closing of the OCI Acquisition. This new facility will replace the Company’s existing $500 million facility which remains available until transaction closing. Both the Term Loan A and new revolving credit facility include financial covenants consistent with the Company’s existing credit facilities. The syndication banks continue to underwrite the remaining bridge facility of $525 million. As of May 14, 2025, European Commission had approved the acquisition on May 14, 2025. As of June 12, 2025, All regulatory approvals required for the closing of the Transaction have been obtained. The transaction is now expected to complete on June 27, 2025. Morgan Stanley & Co. International plc is serving as financial advisor and Romain Dambre, Andrew Schoorlemmer, Oliver Bacon and Tim Stevens of A&O Shearman is acting as legal advisor to OCI. Methanex’s financial advisors for the transaction were Deutsche Bank and RBC Capital Markets. McCarthy Tétrault LLP, Baker McKenzie LLP, Loyens & Loeff N.V. and Reed Smith LLP acted as legal counsel for Methanex. Deutsche Bank and RBC Capital Markets provided fairness opinions to Methanex’s Board of Directors. Andrew Bab, Jennifer Chu of Debevoise & Plimpton LLP represented Deutsche Bank as financial advisor to Methanex Corporation. Stikeman Elliott LLP acted as legal advisor to OCI N.V. (ENXTAM:OCI). Methanex Corporation (TSX:MX) completed the acquisition of OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC on June 27, 2025.お知らせ • Jun 04Methanex Corporation to Report Q2, 2025 Results on Jul 30, 2025Methanex Corporation announced that they will report Q2, 2025 results at 5:00 PM, US Eastern Standard Time on Jul 30, 2025お知らせ • May 01+ 2 more updatesMethanex Corporation Announces Successful Restart of Geismar 3Methanex Corporation announced that its 1.8 million tonne methanol plant, Geismar 3 (G3), in Geismar, Louisiana has successfully restarted and begun producing methanol following an unplanned outage in late February.お知らせ • Mar 21Robert Kostelnik and Margaret Walker Announces Not Stand for Re-Election to the Board of Methanex CorporationMethanex Corporation announced that Mr. Robert Kostelnik and Ms. Margaret Walker are not standing for re-election at the Meeting.お知らせ • Mar 06Methanex Corporation to Report Q1, 2025 Results on Apr 30, 2025Methanex Corporation announced that they will report Q1, 2025 results at 5:00 PM, Eastern Standard Time on Apr 30, 2025お知らせ • Feb 07Methanex Corporation, Annual General Meeting, May 01, 2025Methanex Corporation, Annual General Meeting, May 01, 2025.お知らせ • Jan 31Methanex Corporation Declares Quarterly Dividend, Payable on March 31, 2025Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on March 31, 2025, to holders of common shares of record on March 17, 2025.お知らせ • Jan 30Methanex Corporation Provides Consolidated Production Guidance for the Year 2025Methanex Corporation provided consolidated production guidance for the year 2025. The company's expected production guidance for 2025 is approximately 7.5 million tonnes (Methanex interest), which excludes any incremental production from OCI assets post-acquisition closing date. In 2025, production will be impacted by three turnarounds occurring in the first three quarters of 2025. Actual production may vary by quarter based on gas availability, turnarounds, unplanned outages and unanticipated events.お知らせ • Nov 27Methanex Corporation to Report Q4, 2024 Results on Jan 29, 2025Methanex Corporation announced that they will report Q4, 2024 results at 5:00 PM, US Eastern Standard Time on Jan 29, 2025お知らせ • Nov 20Methanex Corporation Declares Quarterly Dividend, Payable on December 31, 2024Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on December 31, 2024, to holders of common shares of record on December 17, 2024.お知らせ • Nov 07Methanex Corporation Provides Production Guidance for the Fourth Quarter 2024Methanex Corporation provided production guidance for the fourth quarter 2024. The expected production guidance for Fourth Quarter 2024 is approximately 1.9 million tonnes (Methanex interest) which will be sold through in the fourth quarter of 2024 and the first quarter of 2025 as produced sales normalize to the increased production.お知らせ • Sep 10Methanex Corporation (TSX:MX) entered into a definitive agreement to acquire OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC for $2.02 billion.Methanex Corporation (TSX:MX) entered into a definitive agreement to acquire OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC for $2.02 billion on September 8, 2024. A cash consideration of $1.15 billion will be paid by Methanex Corporation, 9.9 million common equity of Methanex Corporation to be issued and and the assumption of $450 million in debt and leases. Purchase price consideration of $2.05 billion on a cash-free and debt-free basis following a competitive process. OCI is expected to become an approximately 13% shareholder, and the second largest shareholder in Methanex following the Transaction. Acquisition expected to be immediately accretive to free cash flow per share. The transaction reflects TEV/EBITDA multiple of 7.5x. Methanex intends to fund the cash consideration of the transaction through a combination of cash on hand and new debt issuance. The Company has obtained a fully committed debt financing package from Royal Bank of Canada to support the transaction. Proceeds from the Transaction will be prioritized to significantly reduce OCI holding company gross debt and to return capital to shareholders. OCI holds 85% stake, and Alpha Dhabi Holding and ADQ holds 15% stake in OCI Methanol. The Transaction is expected to close in the first half of 2025 subject to satisfaction of certain regulatory approvals, customary closing conditions, and other closing conditions including TSX approval for the issuance of Methanex shares to OCI and receipt of OCI shareholder approval. The transaction has been approved by the boards of directors of both companies. An agreement to vote for the Transaction has been signed by the largest shareholder of OCI with an interest of approximately 39% in the Company. Morgan Stanley & Co. International plc is serving as financial advisor and A&O Shearman is acting as legal advisor to OCI. Methanex’s financial advisors for the transaction were Deutsche Bank and RBC Capital Markets. McCarthy Tétrault LLP, Baker McKenzie LLP, Loyens & Loeff N.V. and Reed Smith LLP acted as legal counsel for Methanex. Deutsche Bank and RBC Capital Markets provided fairness opinions to Methanex’s Board of Directors. Andrew Bab, Jennifer Chu of Debevoise & Plimpton LLP represented Deutsche Bank as financial advisor to Methanex Corporation.お知らせ • Sep 04Methanex Corporation to Report Q3, 2024 Results on Nov 06, 2024Methanex Corporation announced that they will report Q3, 2024 results on Nov 06, 2024お知らせ • Aug 13Methanex Corporation Announces to Temporarily Idle New Zealand Operations to Assist in Improving Energy BalancesMethanex Corporation announced 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 Third Quarter and Fourth Quarter 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 unit of gas delivered with further incremental value shared between the parties depending on electricity pricing over the period.Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: US$0.52 (vs US$0.84 in 2Q 2023)Second quarter 2024 results: EPS: US$0.52 (down from US$0.84 in 2Q 2023). Revenue: US$920.4m (down 2.0% from 2Q 2023). Net income: US$35.2m (down 38% from 2Q 2023). Profit margin: 3.8% (down from 6.0% in 2Q 2023). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Declared Dividend • Jul 29First quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 16th September 2024 Payment date: 30th September 2024 Dividend yield will be 1.6%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.お知らせ • Jul 19Methanex Corporation Declares Quarterly Dividend, Payable on September 30, 2024Methanex Corporation announced that its board of directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on September 30, 2024, to holders of common shares of record on September 16, 2024.Upcoming Dividend • Jun 07Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (5.1%).お知らせ • May 29Methanex Corporation to Report Q2, 2024 Results on Jul 30, 2024Methanex Corporation announced that they will report Q2, 2024 results at 5:00 PM, US Eastern Standard Time on Jul 30, 2024Declared Dividend • May 20First quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 1.4%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.お知らせ • Apr 27Methanex Corporation Approves Appointment of Roger Perreault to its Board of DirectorsMethanex Corporation announced at annual general meeting held on April 25, 2024, the shareholders elected Roger Perreault as Director. The company announced the appointment of Roger Perreault to its Board of Directors effective April 25, 2024. Mr. Perreault served most recently at UGI Corporation from 2015 until 2023 and held the roles of President & Chief Executive Officer, Executive Vice President of Global LPG, and Vice President of UGI International. Prior to this, he worked at Air Liquide for over 22 years in a variety of increasingly senior global management roles. Mr. Perreault holds a Bachelor of Science in Chemical Engineering from Toronto Metropolitan University (formerly known as Ryerson University), a Graduate Diploma of Management (Applied) from McGill University and has completed the International Development Program and the Advanced Management Program at INSEAD.お知らせ • Apr 26+ 1 more updateMethanex Corporation Updates Production Guidance for the Year 2024Methanex Corporation updated production guidance for the year 2024. The company expects production guidance for 2024 to approximately 7.0 million tonnes (Methanex interest). 2024 production guidance has been lowered primarily because of the Geismar 3 start-up delay. This expected production guidance is based on the mid-point of Chile and New Zealand production guidance, G3 starting up in the third quarter and operating at full rates in the fourth quarter, Egypt restart in the first half of February, and all other plants operating at full rates. Actual production may vary by quarter based on timing of turnarounds, gas availability, unplanned outages and unanticipated events.お知らせ • Mar 07Methanex Corporation to Report Q1, 2024 Results on Apr 24, 2024Methanex Corporation announced that they will report Q1, 2024 results at 5:00 PM, US Eastern Standard Time on Apr 24, 2024お知らせ • Feb 21Methanex Corporation Provides Update on Geismar 3 Methanol Plant in Geismar, LouisianaMethanex Corporation announced that commercial production of its new 1.8 million tonne methanol plant, Geismar 3 (G3), in Geismar, Louisiana has been delayed due to complications that occurred in the autothermal reformer (ATR) during the late stages of the initial start-up process. This issue required the ATR to be cooled and brought to a safe state where teams could conduct detailed inspections of the vessel. Upon completing initial inspections, it has been determined that there is significant damage to a large number of supporting refractory bricks in the vessel which will require replacement. The specialty formed refractory bricks require time to procure and, as a result, management believes commercial production could be delayed up to the end of the third quarter of 2024. The investigation and planning to rectify the issue is ongoing and management is exploring all avenues to accelerate the repair time. Based on the preliminary findings of its root cause analysis, management believes that this issue relates to complications in the initial start-up process and is not a plant design or construction issue. Management believes that the total capital cost will not significantly exceed the upper end of the capital cost guidance of $1.30 billion.お知らせ • Feb 02Methanex Corporation Declares Quarterly Dividend, Payable on March 28, 2024Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on March 28, 2024, to holders of common shares of record on March 14, 2024.お知らせ • Nov 28Methanex Corporation to Report Fiscal Year 2023 Results on Jan 31, 2024Methanex Corporation announced that they will report fiscal year 2023 results at 5:00 PM, US Eastern Standard Time on Jan 31, 2024お知らせ • Nov 23Methanex Corporation Provides Update on Egypt OperationsMethanex Corporation announced that its 1.26 million tonne Egypt methanol production facility (Methanex 50% equity interest of 0.63 million tonnes per annum) was impacted by an unplanned outage in mid-October caused by a mechanical failure in the synthesis gas compressor. The unit has since been removed from service and is currently being repaired on an expedited schedule at the manufacturer overseas. The Company currently estimates that production will resume towards the end of the first quarter of 2024.お知らせ • Nov 17Methanex Corporation Declares Quarterly Dividend, Payable on December 29, 2023Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of $0.185 per share. The dividend will be payable on December 29, 2023, to holders of common shares of record on December 15, 2023.New Risk • Oct 26New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Earnings are forecast to decline by an average of 55% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.8% net profit margin).お知らせ • Oct 26Methanex Corporation Provides Production Guidance for the Year 2023Methanex Corporation provided production guidance for the year 2023. The company expects actual production for 2023 to be slightly above 2023 production guidance of approximately 6.5 million equity tonnes, excluding any production from G3.お知らせ • Sep 19Methanex Corporation Appoints John Sampson to Its Board of DirectorsMethanex Corporation announced 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 President, Operations and in 2019, he became Olin Corp’s Executive Vice President, Business Operations. Mr. Sampson returned to Dow in 2020 and in his current role as Senior Vice President, Operations, Manufacturing and Engineering he is accountable for the global Operations team consisting of more than 22,000 employees worldwide. He is also member of Dow’s Leadership Team, which is responsible for executing the Company’s strategy. Mr. Sampson holds a Bachelor of Science in Chemical Engineering from Louisiana State University and also serves as Vice Chair of the Board of Directors of Sadara Chemical Company.Upcoming Dividend • Sep 07Upcoming dividend of US$0.18 per share at 1.8% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 30 September 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: US$0.84 (vs US$1.74 in 2Q 2022)Second quarter 2023 results: EPS: US$0.84 (down from US$1.74 in 2Q 2022). Revenue: US$939.4m (down 17% from 2Q 2022). Net income: US$56.7m (down 55% from 2Q 2022). Profit margin: 6.0% (down from 11% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 22Methanex Corporation to Report Q3, 2023 Results on Oct 25, 2023Methanex Corporation announced that they will report Q3, 2023 results at 5:00 PM, Eastern Standard Time on Oct 25, 2023お知らせ • Jul 14Methanex Corporation Declares Quarterly Dividend, Payable on September 30, 2023Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of $0.185 per share. The dividend will be payable on September 30, 2023, to holders of common shares of record on September 16, 2023.New Risk • Jun 27New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 18% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risks High level of debt (58% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (7.1% net profit margin).Upcoming Dividend • Jun 08Upcoming dividend of US$0.18 per share at 1.6% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.8%).Recent Insider Transactions • May 01Independent Director recently bought €129k worth of stockOn the 28th of April, James Bertram bought around 3k shares on-market at roughly €40.48 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €817k more in shares than they have sold in the last 12 months.Reported Earnings • Mar 12Full year 2022 earnings released: EPS: US$4.95 (vs US$6.34 in FY 2021)Full year 2022 results: EPS: US$4.95 (down from US$6.34 in FY 2021). Revenue: US$4.31b (down 2.3% from FY 2021). Net income: US$353.8m (down 27% from FY 2021). Profit margin: 8.2% (down from 11% in FY 2021). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 09Upcoming dividend of US$0.17 per share at 1.4% yieldEligible shareholders must have bought the stock before 16 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.3%).Reported Earnings • Feb 05Full year 2022 earnings released: EPS: US$4.95 (vs US$6.34 in FY 2021)Full year 2022 results: EPS: US$4.95 (down from US$6.34 in FY 2021). Revenue: US$4.31b (down 2.3% from FY 2021). Net income: US$353.8m (down 27% from FY 2021). Profit margin: 8.2% (down from 11% in FY 2021). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 03Methanex Corporation Provides Production Guidance for the Year 2023Methanex Corporation provided production guidance for the year 2023. Forecasted production for 2023 is approximately 6.5 million equity tonnes, excluding any production from G3. Actual production may vary by quarter based on timing of turnarounds, gas availability, unplanned outages and unanticipated events.お知らせ • Jan 27Methanex Corporation Declares Quarterly Cash Dividend, Payable on March 31, 2023Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.175 per share. The dividend will be payable on March 31, 2023, to holders of common shares of record on March 17, 2023.Recent Insider Transactions • Dec 21Independent Director recently bought €236k worth of stockOn the 19th of December, Paul Dobson bought around 7k shares on-market at roughly €34.19 per share. This transaction increased Paul's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €201k more in shares than they bought in the last 12 months.Upcoming Dividend • Dec 08Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 15 December 2022. Payment date: 31 December 2022. Payout ratio is a comfortable 8.1% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.6%).お知らせ • Dec 07Methanex Corporation to Report Q4, 2022 Results on Feb 02, 2023Methanex Corporation announced that they will report Q4, 2022 results at 5:00 PM, US Eastern Standard Time on Feb 02, 2023お知らせ • Nov 18Methanex Corporation Announces Quarterly Dividend, Payable on December 31, 2022Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.175 per share. The dividend will be payable on December 31, 2022, to holders of common shares of record on December 17, 2022.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: US$0.98 (vs US$0.93 in 3Q 2021)Third quarter 2022 results: EPS: US$0.98. Revenue: US$1.01b (down 6.1% from 3Q 2021). Net income: US$69.2m (down 1.9% from 3Q 2021). Profit margin: 6.8% (up from 6.5% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat.Recent Insider Transactions • Sep 24Independent Director recently bought €63k worth of stockOn the 19th of September, Maureen Howe bought around 2k shares on-market at roughly €33.14 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €273k more in shares than they bought in the last 12 months.お知らせ • Sep 16+ 1 more updateMethanex Corporation Announces Executive ChangesThe Board of Directors of Methanex Corporation announced that John Floren will retire as President and from the Board as of December 31, 2022. The Board has appointed Rich Sumner as President and member of the Board of Directors, effective January 1, 2023. Mr. Sumner currently holds the position of Methanex’s Senior Vice President, Global Marketing & Logistics and has been with the company since 2004. Rich Sumner Biography: Rich Summer is currently Methanex’s Senior Vice President, Global Marketing and Logistics. In this role Mr. Sumner oversees Methanex’s Marketing & Logistics functions, including the jointly owned shipping subsidiary, Waterfront Shipping, as well as Global Market Development. He also has executive oversight for Methanex’s North American manufacturing operations. Mr. Sumner is focused on strategies that enhance Methanex’s global leadership position as the world’s largest producer and supplier of methanol. Prior to his current role, Mr. Sumner held a variety of senior leadership roles in marketing and logistics, working in both North America and Asia, as well as leading the Supply Chain function. In addition, Mr. Sumner has a strong financial background and held several senior finance leadership positions at Methanex. Mr. Sumner holds a Bachelor of Business Administration from Simon Fraser University, and he is a Chartered Professional Accountant. John Floren Biography: As Methanex's President & CEO, John Floren has been with Methanex since 2000 and appointed President & CEO in 2013. Under John’s leadership, Methanex increased its production, increased its earnings capability, delivered strong cash flows and maintained a balanced approach to capital allocation including returning approximately $2 billion to shareholders through share repurchases and the quarterly dividend.Upcoming Dividend • Sep 08Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 15 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 7.5% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.9%).お知らせ • Aug 26Methanex Corporation to Report Q3, 2022 Results on Oct 26, 2022Methanex Corporation announced that they will report Q3, 2022 results at 5:00 PM, US Eastern Standard Time on Oct 26, 2022Reported Earnings • Jul 28Second quarter 2022 earnings released: EPS: US$1.74 (vs US$1.40 in 2Q 2021)Second quarter 2022 results: EPS: US$1.74 (up from US$1.40 in 2Q 2021). Revenue: US$1.14b (up 6.5% from 2Q 2021). Net income: US$125.1m (up 17% from 2Q 2021). Profit margin: 11% (up from 10.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 9.4% compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 15Methanex Corporation Announces 20% Dividend Increase, Payable on September 30, 2022Methanex Corporation announced that its Board of Directors has approved a 20% increase in its quarterly dividend to USD 0.175 per share from USD 0.145 per share. The increased dividend will apply to the dividend payable on September 30, 2022, to holders of common shares of record on September 16, 2022.お知らせ • Jul 07Methanex Corporation to Report Q2, 2022 Results on Jul 27, 2022Methanex Corporation announced that they will report Q2, 2022 results on Jul 27, 2022Upcoming Dividend • Jun 08Upcoming dividend of US$0.14 per shareEligible shareholders must have bought the stock before 15 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 6.3% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (4.9%).Recent Insider Transactions • May 11Insider recently bought €372k worth of stockOn the 9th of May, Nojan Abrary bought around 8k shares on-market at roughly €46.24 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €221k more in shares than they bought in the last 12 months.Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: US$1.61 (vs US$1.37 in 1Q 2021)First quarter 2022 results: EPS: US$1.61 (up from US$1.37 in 1Q 2021). Revenue: US$1.18b (up 16% from 1Q 2021). Net income: US$118.5m (up 13% from 1Q 2021). Profit margin: 10% (in line with 1Q 2021). Over the next year, revenue is expected to shrink by 7.6% compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 28Methanex Corporation Approves 16% Dividend Increase, Payable on June 30, 2022Methanex Corporation announced that its Board of Directors has approved a 16% increase in its quarterly dividend to $0.145 per share from $0.125 per share. The increased dividend will apply to the dividend payable on June 30, 2022 to holders of common shares of record on June 16, 2022.Recent Insider Transactions • Apr 06Insider recently sold €369k worth of stockOn the 31st of March, Vanessa James sold around 8k shares on-market at roughly €49.14 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €593k more than they bought in the last 12 months.Recent Insider Transactions • Mar 24Insider recently sold €55k worth of stockOn the 21st of March, Sarah Boon sold around 1k shares on-market at roughly €50.41 per share. In the last 3 months, there was an even bigger sale from another insider worth €151k. Despite this recent sale, insiders have collectively bought €97k more than they sold in the last 12 months.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to €50.00, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Chemicals industry in Germany. Total returns to shareholders of 8.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €54.60 per share.Reported Earnings • Mar 16Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$6.34 (up from US$2.06 loss in FY 2020). Revenue: US$4.41b (up 67% from FY 2020). Net income: US$482.4m (up US$639.0m from FY 2020). Profit margin: 11% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Over the next year, revenue is expected to shrink by 8.1% compared to a 4.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 09Upcoming dividend of US$0.13 per shareEligible shareholders must have bought the stock before 16 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 5.1% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (5.2%).Recent Insider Transactions • Mar 09Insider recently sold €151k worth of stockOn the 7th of March, Allard Mark sold around 3k shares on-market at roughly €50.48 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €152k more than they sold in the last 12 months.お知らせ • Feb 04Methanex Corporation, Annual General Meeting, Apr 28, 2022Methanex Corporation, Annual General Meeting, Apr 28, 2022.Reported Earnings • Jan 29Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$6.34 (up from US$2.06 loss in FY 2020). Revenue: US$4.41b (up 67% from FY 2020). Net income: US$482.4m (up US$639.0m from FY 2020). Profit margin: 11% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Over the next year, revenue is expected to shrink by 8.6% compared to a 5.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Jan 28Methanex Corporation Declares Quarterly Dividend, Payable on March 31, 2022Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.125 per share. The dividend will be payable on March 31, 2022 to holders of common shares of record on March 17, 2022.Recent Insider Transactions • Dec 17Independent Director recently bought €270k worth of stockOn the 14th of December, James Bertram bought around 8k shares on-market at roughly €34.25 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €181k more in shares than they have sold in the last 12 months.Upcoming Dividend • Dec 09Upcoming dividend of US$0.13 per shareEligible shareholders must have bought the stock before 16 December 2021. Payment date: 31 December 2021. Payout ratio is a comfortable 7.1% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.7%).Recent Insider Transactions • Dec 08Insider recently sold €106k worth of stockOn the 3rd of December, Alejandro Larrive sold around 3k shares on-market at roughly €35.23 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €160k more than they bought in the last 12 months.Reported Earnings • Oct 29Third quarter 2021 earnings released: EPS US$0.93 (vs US$1.15 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$1.08b (up 86% from 3Q 2020). Net income: US$70.5m (up US$158.4m from 3Q 2020). Profit margin: 6.5% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Sep 08Upcoming dividend of US$0.13 per shareEligible shareholders must have bought the stock before 15 September 2021. Payment date: 30 September 2021. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.6%).Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to €29.46, the stock trades at a trailing P/E ratio of 27.5x. Average forward P/E is 14x in the Chemicals industry in Germany. Total loss to shareholders of 49% over the past three years.Recent Insider Transactions • Aug 07Independent Director recently bought €140k worth of stockOn the 5th of August, Phillip Cook bought around 5k shares on-market at roughly €28.08 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €757k more in shares than they bought in the last 12 months.Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS US$1.40 (vs US$0.85 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$1.07b (up 109% from 2Q 2020). Net income: US$106.6m (up US$171.3m from 2Q 2020). Profit margin: 10.0% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Jun 08Upcoming dividend of US$0.037 per shareEligible shareholders must have bought the stock before 15 June 2021. Payment date: 30 June 2021. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.5%).お知らせ • Jun 03Methanex Corporation Releases Sasb-Aligned 2020 Sustainability ReportMethanex Corporation released its 2020 Sustainability Report to share its progress on the material environmental, social and governance (ESG) topics of most importance to the company’s business and stakeholders. Methanex has reported on its sustainability performance since 1997 and this year’s report provides greater transparency and comparability by aligning its disclosures with the Sustainability Accounting Standards Board (SASB) standards and some elements of the Task Force on Climate-related Financial Disclosures (TCFD) and Global Reporting Initiative (GRI).株主還元MX5DE ChemicalsDE 市場7D-6.9%0.8%3.8%1Y34.7%5.0%3.9%株主還元を見る業界別リターン: MX5過去 1 年間で5 % の収益を上げたGerman Chemicals業界を上回りました。リターン対市場: MX5過去 1 年間で3.9 % の収益を上げたGerman市場を上回りました。価格変動Is MX5's price volatile compared to industry and market?MX5 volatilityMX5 Average Weekly Movement6.9%Chemicals Industry Average Movement5.4%Market Average Movement5.6%10% most volatile stocks in DE Market12.5%10% least volatile stocks in DE Market2.7%安定した株価: MX5 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: MX5の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19681,649Rich Sumnerwww.methanex.comアジア太平洋、北米、欧州、南米でメタノールを生産・供給。貯蔵およびターミナル施設を所有、リース。同社は化学および石油化学メーカーを顧客としている。1968年に法人化され、カナダのバンクーバーに本社を置く。もっと見るMethanex Corporation 基礎のまとめMethanex の収益と売上を時価総額と比較するとどうか。MX5 基礎統計学時価総額€3.10b収益（TTM）-€39.37m売上高(TTM)€3.21b1.0xP/Sレシオ-78.7xPER（株価収益率MX5 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計MX5 損益計算書（TTM）収益US$3.67b売上原価US$2.76b売上総利益US$907.60mその他の費用US$952.64m収益-US$45.03m直近の収益報告Mar 31, 2026次回決算日Jul 28, 2026一株当たり利益（EPS）-0.58グロス・マージン24.75%純利益率-1.23%有利子負債／自己資本比率99.6%MX5 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.6%現在の配当利回り-123%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/05 19:58終値2026/07/03 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Methanex Corporation 8 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。16 アナリスト機関null nullAlembic Global AdvisorsMichael LeitheadBarclaysJonas OxgaardBernstein13 その他のアナリストを表示
お知らせ • Jun 30Methanex Begins Process of Indefinitely Idling Titan Methanol Plant in Trinidad and TobagoMethanex Corporation announced that it has been unable to agree to a new natural gas contract for its Titan methanol plant in Trinidad and Tobago (860,000 tonnes per year capacity) and, as a result, will begin the process of indefinitely idling the facility. Titan’s existing natural gas contract expires in the third quarter of 2026. Methanex will undertake a preservation process at the Titan plant to provide optionality for a future restart should conditions materially improve. The Atlas methanol plant, a joint venture in which Methanex holds a 63.1% economic interest, remains indefinitely idled in a preserved state. Titan is not currently contributing to the Company’s Adjusted EBITDA and Adjusted Free Cash Flow. Methanex does not expect to incur material cash costs as a result of this decision and any updates to production or financial guidance will be released with Methanex’s regular second quarter financial communications scheduled for July 28, 2026.
New Risk • Jun 26New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 1.5% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Paying a dividend despite being loss-making. Significant insider selling over the past 3 months (€1.2m sold).
お知らせ • Jun 10Methanex Corporation to Report Q2, 2026 Results on Jul 28, 2026Methanex Corporation announced that they will report Q2, 2026 results at 5:00 PM, US Eastern Standard Time on Jul 28, 2026
Upcoming Dividend • Jun 09Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 16 June 2026. Payment date: 30 June 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.9%).
Declared Dividend • May 20First quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (8% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
お知らせ • May 02Methanex Corporation Declares Quarterly Dividend, Payable on June 30, 2026Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on June 30, 2026, to holders of common shares of record on June 16, 2026.
お知らせ • Jun 30Methanex Begins Process of Indefinitely Idling Titan Methanol Plant in Trinidad and TobagoMethanex Corporation announced that it has been unable to agree to a new natural gas contract for its Titan methanol plant in Trinidad and Tobago (860,000 tonnes per year capacity) and, as a result, will begin the process of indefinitely idling the facility. Titan’s existing natural gas contract expires in the third quarter of 2026. Methanex will undertake a preservation process at the Titan plant to provide optionality for a future restart should conditions materially improve. The Atlas methanol plant, a joint venture in which Methanex holds a 63.1% economic interest, remains indefinitely idled in a preserved state. Titan is not currently contributing to the Company’s Adjusted EBITDA and Adjusted Free Cash Flow. Methanex does not expect to incur material cash costs as a result of this decision and any updates to production or financial guidance will be released with Methanex’s regular second quarter financial communications scheduled for July 28, 2026.
New Risk • Jun 26New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 1.5% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Paying a dividend despite being loss-making. Significant insider selling over the past 3 months (€1.2m sold).
お知らせ • Jun 10Methanex Corporation to Report Q2, 2026 Results on Jul 28, 2026Methanex Corporation announced that they will report Q2, 2026 results at 5:00 PM, US Eastern Standard Time on Jul 28, 2026
Upcoming Dividend • Jun 09Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 16 June 2026. Payment date: 30 June 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.9%).
Declared Dividend • May 20First quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (8% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
お知らせ • May 02Methanex Corporation Declares Quarterly Dividend, Payable on June 30, 2026Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on June 30, 2026, to holders of common shares of record on June 16, 2026.
お知らせ • Mar 10Methanex Corporation to Report Q1, 2026 Results on Apr 29, 2026Methanex Corporation announced that they will report Q1, 2026 results at 5:00 PM, US Eastern Standard Time on Apr 29, 2026
お知らせ • Mar 06Methanex Corporation Provides Production Guidance for the Year 2026Methanex Corporation provided production guidance for the year 2026. For the year, the company expects production to be approximately 9.0 million tonnes (Methanex interest) of methanol and 0.3 million tonnes of ammonia.
お知らせ • Feb 09Methanex Corporation, Annual General Meeting, Apr 30, 2026Methanex Corporation, Annual General Meeting, Apr 30, 2026.
お知らせ • Jan 30Methanex Corporation Declares Quarterly Dividend, Payable on March 31, 2026Methanex Corporation announced today that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on March 31, 2026, to holders of common shares of record on March 17, 2026.
お知らせ • Dec 09Methanex Corporation to Report Q4, 2025 Results on Mar 05, 2026Methanex Corporation announced that they will report Q4, 2025 results on Mar 05, 2026
お知らせ • Nov 26Methanex Corporation Appoints Don Marchand to Its Board of DirectorsMethanex Corporation announced the appointment of Don Marchand to its Board of Directors effective December 1, 2025. With a career spanning nearly four decades in finance and energy infrastructure, Mr. Marchand brings extensive expertise in financial leadership and corporate strategy. From 1994 onward, he held positions of increasing responsibility in finance at TC Energy (formerly TransCanada Corporation), a leading North American energy infrastructure company. From 2010 until his retirement in 2021, Mr. Marchand served as the Executive Vice President and Chief Financial Officer at TC Energy, with additional responsibility for Strategy and Corporate Development for three years during this period. Mr. Marchand graduated with a Bachelor of Commerce from the University of Manitoba and subsequently qualified as a Chartered Accountant and Chartered Financial Analyst. He is a member of the Institute of Chartered Professional Accountants of Alberta, the CFA Institute and the Calgary Society of Financial Analysts. Mr. Marchand also serves as a director of Fortis Inc.
お知らせ • Nov 18Methanex Corporation Declares Quarterly Dividend, Payable on December 31, 2025Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on December 31, 2025, to holders of common shares of record on December 17, 2025.
お知らせ • Oct 30Methanex Corporation Provides Production Guidance for the Fourth quarter and full Year 2025Methanex Corporation provided production guidance Fourth quarter and full Year 2025. For the year, The company expects production, inclusive of newly acquired assets, to be approximately 8.0 million tonnes (Methanex interest), of which 7.8 million tonnes are methanol and 0.2 million tonnes are ammonia. Actual production may vary by quarter based on gas availability, turnarounds, unplanned outages and unanticipated events. In the fourth quarter,company expected higher produced sales combined with a slightly lower average realized price.
お知らせ • Sep 09Methanex Corporation to Report Q3, 2025 Results on Oct 29, 2025Methanex Corporation announced that they will report Q3, 2025 results at 5:00 PM, US Eastern Standard Time on Oct 29, 2025
お知らせ • Jul 31Methanex Corporation Provides Production Guidance for the Year 2025Methanex Corporation provided production guidance for the year 2025. For the year, The company expects 2025 production, inclusive of the newly acquired assets, to be approximately 8.0 million tonnes (Methanex interest). Actual production may vary by quarter based on gas availability, turnarounds, unplanned outages and unanticipated.
お知らせ • Jul 18Methanex Corporation Declares Quarterly Dividend, Payable on September 30, 2025Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on September 30, 2025, to holders of common shares of record on September 16, 2025.
お知らせ • Jun 27Methanex Corporation (TSX:MX) completed the acquisition of OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC.Methanex Corporation (TSX:MX) entered into a definitive agreement to acquire OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC for $2.1 billion on September 8, 2024. A cash consideration of $1.15 billion will be paid by Methanex Corporation subject to customary closing adjustments, 9.9 million common equity of Methanex Corporation to be issued and and the assumption of $450 million in debt and leases. Under the definitive agreement with OCI, the approximate $2.05 billion purchase price will consist of $1.18 billion in cash, the issuance of 9.9 million common shares of Methanex valued at $450 million (based on a $45 per share price) and the assumption of approximately $450 million in debt and leases. Purchase price consideration of $2.05 billion on a cash-free and debt-free basis following a competitive process. OCI is expected to become an approximately 13% shareholder, and the second largest shareholder in Methanex following the Transaction. Acquisition expected to be immediately accretive to free cash flow per share. The transaction reflects TEV/EBITDA multiple of 7.5x. Methanex intends to fund the cash consideration of the transaction through a combination of cash on hand and new debt issuance. Following the announcement of the sale of OCI Methanol, OCI repurchased its 11% and 4% minority stakes in OCI Methanol from Alpha Dhabi Holding PJSC and ADQ, respectively. The Company has obtained a fully committed debt financing package from Royal Bank of Canada to support the transaction. Proceeds from the Transaction will be prioritized to significantly reduce OCI holding company gross debt and to return capital to shareholders. OCI holds 85% stake, and Alpha Dhabi Holding and ADQ holds 15% stake in OCI Methanol. Net proceeds to OCI expected to be approximately $1.2 billion after adjusting for net indebtedness, payments to minority interest holders (ADH/ADQ), outstanding gas hedges and other adjustments. The Transaction is expected to close in the first half of 2025 subject to satisfaction of certain regulatory approvals, customary closing conditions, and other closing conditions including TSX approval for the issuance of Methanex shares to OCI and receipt of OCI shareholder approval. The transaction has been approved by the boards of directors of both companies. An agreement to vote for the Transaction has been signed by the largest shareholder of OCI with an interest of approximately 39% in the Company. As on October 29, 2024, Methanex announced the successful syndication of acquisition financing to support the earlier announced agreement to acquire OCI Global’s international methanol business (“OCI Acquisition”) for $2.05 billion. The new financing arrangements are with a syndicate of highly rated financial institutions and include, up to $650 million in Term Loan A commitments which can be drawn upon closing of the OCI Acquisition. The Term Loan A carries a variable interest rate and is split between three and four-year tenors that can be flexibly repaid to support de-levering, $600 million in revolving credit facility commitments, split between a $400 million tranche which will have a renewed five-year tenor and a $200 million tranche with a three-year tenor, both from closing of the OCI Acquisition. This new facility will replace the Company’s existing $500 million facility which remains available until transaction closing. Both the Term Loan A and new revolving credit facility include financial covenants consistent with the Company’s existing credit facilities. The syndication banks continue to underwrite the remaining bridge facility of $525 million. As of May 14, 2025, European Commission had approved the acquisition on May 14, 2025. As of June 12, 2025, All regulatory approvals required for the closing of the Transaction have been obtained. The transaction is now expected to complete on June 27, 2025. Morgan Stanley & Co. International plc is serving as financial advisor and Romain Dambre, Andrew Schoorlemmer, Oliver Bacon and Tim Stevens of A&O Shearman is acting as legal advisor to OCI. Methanex’s financial advisors for the transaction were Deutsche Bank and RBC Capital Markets. McCarthy Tétrault LLP, Baker McKenzie LLP, Loyens & Loeff N.V. and Reed Smith LLP acted as legal counsel for Methanex. Deutsche Bank and RBC Capital Markets provided fairness opinions to Methanex’s Board of Directors. Andrew Bab, Jennifer Chu of Debevoise & Plimpton LLP represented Deutsche Bank as financial advisor to Methanex Corporation. Stikeman Elliott LLP acted as legal advisor to OCI N.V. (ENXTAM:OCI). Methanex Corporation (TSX:MX) completed the acquisition of OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC on June 27, 2025.
お知らせ • Jun 04Methanex Corporation to Report Q2, 2025 Results on Jul 30, 2025Methanex Corporation announced that they will report Q2, 2025 results at 5:00 PM, US Eastern Standard Time on Jul 30, 2025
お知らせ • May 01+ 2 more updatesMethanex Corporation Announces Successful Restart of Geismar 3Methanex Corporation announced that its 1.8 million tonne methanol plant, Geismar 3 (G3), in Geismar, Louisiana has successfully restarted and begun producing methanol following an unplanned outage in late February.
お知らせ • Mar 21Robert Kostelnik and Margaret Walker Announces Not Stand for Re-Election to the Board of Methanex CorporationMethanex Corporation announced that Mr. Robert Kostelnik and Ms. Margaret Walker are not standing for re-election at the Meeting.
お知らせ • Mar 06Methanex Corporation to Report Q1, 2025 Results on Apr 30, 2025Methanex Corporation announced that they will report Q1, 2025 results at 5:00 PM, Eastern Standard Time on Apr 30, 2025
お知らせ • Feb 07Methanex Corporation, Annual General Meeting, May 01, 2025Methanex Corporation, Annual General Meeting, May 01, 2025.
お知らせ • Jan 31Methanex Corporation Declares Quarterly Dividend, Payable on March 31, 2025Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on March 31, 2025, to holders of common shares of record on March 17, 2025.
お知らせ • Jan 30Methanex Corporation Provides Consolidated Production Guidance for the Year 2025Methanex Corporation provided consolidated production guidance for the year 2025. The company's expected production guidance for 2025 is approximately 7.5 million tonnes (Methanex interest), which excludes any incremental production from OCI assets post-acquisition closing date. In 2025, production will be impacted by three turnarounds occurring in the first three quarters of 2025. Actual production may vary by quarter based on gas availability, turnarounds, unplanned outages and unanticipated events.
お知らせ • Nov 27Methanex Corporation to Report Q4, 2024 Results on Jan 29, 2025Methanex Corporation announced that they will report Q4, 2024 results at 5:00 PM, US Eastern Standard Time on Jan 29, 2025
お知らせ • Nov 20Methanex Corporation Declares Quarterly Dividend, Payable on December 31, 2024Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on December 31, 2024, to holders of common shares of record on December 17, 2024.
お知らせ • Nov 07Methanex Corporation Provides Production Guidance for the Fourth Quarter 2024Methanex Corporation provided production guidance for the fourth quarter 2024. The expected production guidance for Fourth Quarter 2024 is approximately 1.9 million tonnes (Methanex interest) which will be sold through in the fourth quarter of 2024 and the first quarter of 2025 as produced sales normalize to the increased production.
お知らせ • Sep 10Methanex Corporation (TSX:MX) entered into a definitive agreement to acquire OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC for $2.02 billion.Methanex Corporation (TSX:MX) entered into a definitive agreement to acquire OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC for $2.02 billion on September 8, 2024. A cash consideration of $1.15 billion will be paid by Methanex Corporation, 9.9 million common equity of Methanex Corporation to be issued and and the assumption of $450 million in debt and leases. Purchase price consideration of $2.05 billion on a cash-free and debt-free basis following a competitive process. OCI is expected to become an approximately 13% shareholder, and the second largest shareholder in Methanex following the Transaction. Acquisition expected to be immediately accretive to free cash flow per share. The transaction reflects TEV/EBITDA multiple of 7.5x. Methanex intends to fund the cash consideration of the transaction through a combination of cash on hand and new debt issuance. The Company has obtained a fully committed debt financing package from Royal Bank of Canada to support the transaction. Proceeds from the Transaction will be prioritized to significantly reduce OCI holding company gross debt and to return capital to shareholders. OCI holds 85% stake, and Alpha Dhabi Holding and ADQ holds 15% stake in OCI Methanol. The Transaction is expected to close in the first half of 2025 subject to satisfaction of certain regulatory approvals, customary closing conditions, and other closing conditions including TSX approval for the issuance of Methanex shares to OCI and receipt of OCI shareholder approval. The transaction has been approved by the boards of directors of both companies. An agreement to vote for the Transaction has been signed by the largest shareholder of OCI with an interest of approximately 39% in the Company. Morgan Stanley & Co. International plc is serving as financial advisor and A&O Shearman is acting as legal advisor to OCI. Methanex’s financial advisors for the transaction were Deutsche Bank and RBC Capital Markets. McCarthy Tétrault LLP, Baker McKenzie LLP, Loyens & Loeff N.V. and Reed Smith LLP acted as legal counsel for Methanex. Deutsche Bank and RBC Capital Markets provided fairness opinions to Methanex’s Board of Directors. Andrew Bab, Jennifer Chu of Debevoise & Plimpton LLP represented Deutsche Bank as financial advisor to Methanex Corporation.
お知らせ • Sep 04Methanex Corporation to Report Q3, 2024 Results on Nov 06, 2024Methanex Corporation announced that they will report Q3, 2024 results on Nov 06, 2024
お知らせ • Aug 13Methanex Corporation Announces to Temporarily Idle New Zealand Operations to Assist in Improving Energy BalancesMethanex Corporation announced 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 Third Quarter and Fourth Quarter 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 unit of gas delivered with further incremental value shared between the parties depending on electricity pricing over the period.
Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: US$0.52 (vs US$0.84 in 2Q 2023)Second quarter 2024 results: EPS: US$0.52 (down from US$0.84 in 2Q 2023). Revenue: US$920.4m (down 2.0% from 2Q 2023). Net income: US$35.2m (down 38% from 2Q 2023). Profit margin: 3.8% (down from 6.0% in 2Q 2023). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Declared Dividend • Jul 29First quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 16th September 2024 Payment date: 30th September 2024 Dividend yield will be 1.6%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.
お知らせ • Jul 19Methanex Corporation Declares Quarterly Dividend, Payable on September 30, 2024Methanex Corporation announced that its board of directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on September 30, 2024, to holders of common shares of record on September 16, 2024.
Upcoming Dividend • Jun 07Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (5.1%).
お知らせ • May 29Methanex Corporation to Report Q2, 2024 Results on Jul 30, 2024Methanex Corporation announced that they will report Q2, 2024 results at 5:00 PM, US Eastern Standard Time on Jul 30, 2024
Declared Dividend • May 20First quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 1.4%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.
お知らせ • Apr 27Methanex Corporation Approves Appointment of Roger Perreault to its Board of DirectorsMethanex Corporation announced at annual general meeting held on April 25, 2024, the shareholders elected Roger Perreault as Director. The company announced the appointment of Roger Perreault to its Board of Directors effective April 25, 2024. Mr. Perreault served most recently at UGI Corporation from 2015 until 2023 and held the roles of President & Chief Executive Officer, Executive Vice President of Global LPG, and Vice President of UGI International. Prior to this, he worked at Air Liquide for over 22 years in a variety of increasingly senior global management roles. Mr. Perreault holds a Bachelor of Science in Chemical Engineering from Toronto Metropolitan University (formerly known as Ryerson University), a Graduate Diploma of Management (Applied) from McGill University and has completed the International Development Program and the Advanced Management Program at INSEAD.
お知らせ • Apr 26+ 1 more updateMethanex Corporation Updates Production Guidance for the Year 2024Methanex Corporation updated production guidance for the year 2024. The company expects production guidance for 2024 to approximately 7.0 million tonnes (Methanex interest). 2024 production guidance has been lowered primarily because of the Geismar 3 start-up delay. This expected production guidance is based on the mid-point of Chile and New Zealand production guidance, G3 starting up in the third quarter and operating at full rates in the fourth quarter, Egypt restart in the first half of February, and all other plants operating at full rates. Actual production may vary by quarter based on timing of turnarounds, gas availability, unplanned outages and unanticipated events.
お知らせ • Mar 07Methanex Corporation to Report Q1, 2024 Results on Apr 24, 2024Methanex Corporation announced that they will report Q1, 2024 results at 5:00 PM, US Eastern Standard Time on Apr 24, 2024
お知らせ • Feb 21Methanex Corporation Provides Update on Geismar 3 Methanol Plant in Geismar, LouisianaMethanex Corporation announced that commercial production of its new 1.8 million tonne methanol plant, Geismar 3 (G3), in Geismar, Louisiana has been delayed due to complications that occurred in the autothermal reformer (ATR) during the late stages of the initial start-up process. This issue required the ATR to be cooled and brought to a safe state where teams could conduct detailed inspections of the vessel. Upon completing initial inspections, it has been determined that there is significant damage to a large number of supporting refractory bricks in the vessel which will require replacement. The specialty formed refractory bricks require time to procure and, as a result, management believes commercial production could be delayed up to the end of the third quarter of 2024. The investigation and planning to rectify the issue is ongoing and management is exploring all avenues to accelerate the repair time. Based on the preliminary findings of its root cause analysis, management believes that this issue relates to complications in the initial start-up process and is not a plant design or construction issue. Management believes that the total capital cost will not significantly exceed the upper end of the capital cost guidance of $1.30 billion.
お知らせ • Feb 02Methanex Corporation Declares Quarterly Dividend, Payable on March 28, 2024Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.185 per share. The dividend will be payable on March 28, 2024, to holders of common shares of record on March 14, 2024.
お知らせ • Nov 28Methanex Corporation to Report Fiscal Year 2023 Results on Jan 31, 2024Methanex Corporation announced that they will report fiscal year 2023 results at 5:00 PM, US Eastern Standard Time on Jan 31, 2024
お知らせ • Nov 23Methanex Corporation Provides Update on Egypt OperationsMethanex Corporation announced that its 1.26 million tonne Egypt methanol production facility (Methanex 50% equity interest of 0.63 million tonnes per annum) was impacted by an unplanned outage in mid-October caused by a mechanical failure in the synthesis gas compressor. The unit has since been removed from service and is currently being repaired on an expedited schedule at the manufacturer overseas. The Company currently estimates that production will resume towards the end of the first quarter of 2024.
お知らせ • Nov 17Methanex Corporation Declares Quarterly Dividend, Payable on December 29, 2023Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of $0.185 per share. The dividend will be payable on December 29, 2023, to holders of common shares of record on December 15, 2023.
New Risk • Oct 26New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Earnings are forecast to decline by an average of 55% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.8% net profit margin).
お知らせ • Oct 26Methanex Corporation Provides Production Guidance for the Year 2023Methanex Corporation provided production guidance for the year 2023. The company expects actual production for 2023 to be slightly above 2023 production guidance of approximately 6.5 million equity tonnes, excluding any production from G3.
お知らせ • Sep 19Methanex Corporation Appoints John Sampson to Its Board of DirectorsMethanex Corporation announced 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 President, Operations and in 2019, he became Olin Corp’s Executive Vice President, Business Operations. Mr. Sampson returned to Dow in 2020 and in his current role as Senior Vice President, Operations, Manufacturing and Engineering he is accountable for the global Operations team consisting of more than 22,000 employees worldwide. He is also member of Dow’s Leadership Team, which is responsible for executing the Company’s strategy. Mr. Sampson holds a Bachelor of Science in Chemical Engineering from Louisiana State University and also serves as Vice Chair of the Board of Directors of Sadara Chemical Company.
Upcoming Dividend • Sep 07Upcoming dividend of US$0.18 per share at 1.8% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 30 September 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).
Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: US$0.84 (vs US$1.74 in 2Q 2022)Second quarter 2023 results: EPS: US$0.84 (down from US$1.74 in 2Q 2022). Revenue: US$939.4m (down 17% from 2Q 2022). Net income: US$56.7m (down 55% from 2Q 2022). Profit margin: 6.0% (down from 11% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 22Methanex Corporation to Report Q3, 2023 Results on Oct 25, 2023Methanex Corporation announced that they will report Q3, 2023 results at 5:00 PM, Eastern Standard Time on Oct 25, 2023
お知らせ • Jul 14Methanex Corporation Declares Quarterly Dividend, Payable on September 30, 2023Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of $0.185 per share. The dividend will be payable on September 30, 2023, to holders of common shares of record on September 16, 2023.
New Risk • Jun 27New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 18% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risks High level of debt (58% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (7.1% net profit margin).
Upcoming Dividend • Jun 08Upcoming dividend of US$0.18 per share at 1.6% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.8%).
Recent Insider Transactions • May 01Independent Director recently bought €129k worth of stockOn the 28th of April, James Bertram bought around 3k shares on-market at roughly €40.48 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €817k more in shares than they have sold in the last 12 months.
Reported Earnings • Mar 12Full year 2022 earnings released: EPS: US$4.95 (vs US$6.34 in FY 2021)Full year 2022 results: EPS: US$4.95 (down from US$6.34 in FY 2021). Revenue: US$4.31b (down 2.3% from FY 2021). Net income: US$353.8m (down 27% from FY 2021). Profit margin: 8.2% (down from 11% in FY 2021). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 09Upcoming dividend of US$0.17 per share at 1.4% yieldEligible shareholders must have bought the stock before 16 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.3%).
Reported Earnings • Feb 05Full year 2022 earnings released: EPS: US$4.95 (vs US$6.34 in FY 2021)Full year 2022 results: EPS: US$4.95 (down from US$6.34 in FY 2021). Revenue: US$4.31b (down 2.3% from FY 2021). Net income: US$353.8m (down 27% from FY 2021). Profit margin: 8.2% (down from 11% in FY 2021). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 03Methanex Corporation Provides Production Guidance for the Year 2023Methanex Corporation provided production guidance for the year 2023. Forecasted production for 2023 is approximately 6.5 million equity tonnes, excluding any production from G3. Actual production may vary by quarter based on timing of turnarounds, gas availability, unplanned outages and unanticipated events.
お知らせ • Jan 27Methanex Corporation Declares Quarterly Cash Dividend, Payable on March 31, 2023Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.175 per share. The dividend will be payable on March 31, 2023, to holders of common shares of record on March 17, 2023.
Recent Insider Transactions • Dec 21Independent Director recently bought €236k worth of stockOn the 19th of December, Paul Dobson bought around 7k shares on-market at roughly €34.19 per share. This transaction increased Paul's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €201k more in shares than they bought in the last 12 months.
Upcoming Dividend • Dec 08Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 15 December 2022. Payment date: 31 December 2022. Payout ratio is a comfortable 8.1% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.6%).
お知らせ • Dec 07Methanex Corporation to Report Q4, 2022 Results on Feb 02, 2023Methanex Corporation announced that they will report Q4, 2022 results at 5:00 PM, US Eastern Standard Time on Feb 02, 2023
お知らせ • Nov 18Methanex Corporation Announces Quarterly Dividend, Payable on December 31, 2022Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.175 per share. The dividend will be payable on December 31, 2022, to holders of common shares of record on December 17, 2022.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: US$0.98 (vs US$0.93 in 3Q 2021)Third quarter 2022 results: EPS: US$0.98. Revenue: US$1.01b (down 6.1% from 3Q 2021). Net income: US$69.2m (down 1.9% from 3Q 2021). Profit margin: 6.8% (up from 6.5% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat.
Recent Insider Transactions • Sep 24Independent Director recently bought €63k worth of stockOn the 19th of September, Maureen Howe bought around 2k shares on-market at roughly €33.14 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €273k more in shares than they bought in the last 12 months.
お知らせ • Sep 16+ 1 more updateMethanex Corporation Announces Executive ChangesThe Board of Directors of Methanex Corporation announced that John Floren will retire as President and from the Board as of December 31, 2022. The Board has appointed Rich Sumner as President and member of the Board of Directors, effective January 1, 2023. Mr. Sumner currently holds the position of Methanex’s Senior Vice President, Global Marketing & Logistics and has been with the company since 2004. Rich Sumner Biography: Rich Summer is currently Methanex’s Senior Vice President, Global Marketing and Logistics. In this role Mr. Sumner oversees Methanex’s Marketing & Logistics functions, including the jointly owned shipping subsidiary, Waterfront Shipping, as well as Global Market Development. He also has executive oversight for Methanex’s North American manufacturing operations. Mr. Sumner is focused on strategies that enhance Methanex’s global leadership position as the world’s largest producer and supplier of methanol. Prior to his current role, Mr. Sumner held a variety of senior leadership roles in marketing and logistics, working in both North America and Asia, as well as leading the Supply Chain function. In addition, Mr. Sumner has a strong financial background and held several senior finance leadership positions at Methanex. Mr. Sumner holds a Bachelor of Business Administration from Simon Fraser University, and he is a Chartered Professional Accountant. John Floren Biography: As Methanex's President & CEO, John Floren has been with Methanex since 2000 and appointed President & CEO in 2013. Under John’s leadership, Methanex increased its production, increased its earnings capability, delivered strong cash flows and maintained a balanced approach to capital allocation including returning approximately $2 billion to shareholders through share repurchases and the quarterly dividend.
Upcoming Dividend • Sep 08Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 15 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 7.5% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.9%).
お知らせ • Aug 26Methanex Corporation to Report Q3, 2022 Results on Oct 26, 2022Methanex Corporation announced that they will report Q3, 2022 results at 5:00 PM, US Eastern Standard Time on Oct 26, 2022
Reported Earnings • Jul 28Second quarter 2022 earnings released: EPS: US$1.74 (vs US$1.40 in 2Q 2021)Second quarter 2022 results: EPS: US$1.74 (up from US$1.40 in 2Q 2021). Revenue: US$1.14b (up 6.5% from 2Q 2021). Net income: US$125.1m (up 17% from 2Q 2021). Profit margin: 11% (up from 10.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 9.4% compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 15Methanex Corporation Announces 20% Dividend Increase, Payable on September 30, 2022Methanex Corporation announced that its Board of Directors has approved a 20% increase in its quarterly dividend to USD 0.175 per share from USD 0.145 per share. The increased dividend will apply to the dividend payable on September 30, 2022, to holders of common shares of record on September 16, 2022.
お知らせ • Jul 07Methanex Corporation to Report Q2, 2022 Results on Jul 27, 2022Methanex Corporation announced that they will report Q2, 2022 results on Jul 27, 2022
Upcoming Dividend • Jun 08Upcoming dividend of US$0.14 per shareEligible shareholders must have bought the stock before 15 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 6.3% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (4.9%).
Recent Insider Transactions • May 11Insider recently bought €372k worth of stockOn the 9th of May, Nojan Abrary bought around 8k shares on-market at roughly €46.24 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €221k more in shares than they bought in the last 12 months.
Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: US$1.61 (vs US$1.37 in 1Q 2021)First quarter 2022 results: EPS: US$1.61 (up from US$1.37 in 1Q 2021). Revenue: US$1.18b (up 16% from 1Q 2021). Net income: US$118.5m (up 13% from 1Q 2021). Profit margin: 10% (in line with 1Q 2021). Over the next year, revenue is expected to shrink by 7.6% compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 28Methanex Corporation Approves 16% Dividend Increase, Payable on June 30, 2022Methanex Corporation announced that its Board of Directors has approved a 16% increase in its quarterly dividend to $0.145 per share from $0.125 per share. The increased dividend will apply to the dividend payable on June 30, 2022 to holders of common shares of record on June 16, 2022.
Recent Insider Transactions • Apr 06Insider recently sold €369k worth of stockOn the 31st of March, Vanessa James sold around 8k shares on-market at roughly €49.14 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €593k more than they bought in the last 12 months.
Recent Insider Transactions • Mar 24Insider recently sold €55k worth of stockOn the 21st of March, Sarah Boon sold around 1k shares on-market at roughly €50.41 per share. In the last 3 months, there was an even bigger sale from another insider worth €151k. Despite this recent sale, insiders have collectively bought €97k more than they sold in the last 12 months.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to €50.00, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Chemicals industry in Germany. Total returns to shareholders of 8.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €54.60 per share.
Reported Earnings • Mar 16Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$6.34 (up from US$2.06 loss in FY 2020). Revenue: US$4.41b (up 67% from FY 2020). Net income: US$482.4m (up US$639.0m from FY 2020). Profit margin: 11% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Over the next year, revenue is expected to shrink by 8.1% compared to a 4.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 09Upcoming dividend of US$0.13 per shareEligible shareholders must have bought the stock before 16 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 5.1% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (5.2%).
Recent Insider Transactions • Mar 09Insider recently sold €151k worth of stockOn the 7th of March, Allard Mark sold around 3k shares on-market at roughly €50.48 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €152k more than they sold in the last 12 months.
お知らせ • Feb 04Methanex Corporation, Annual General Meeting, Apr 28, 2022Methanex Corporation, Annual General Meeting, Apr 28, 2022.
Reported Earnings • Jan 29Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$6.34 (up from US$2.06 loss in FY 2020). Revenue: US$4.41b (up 67% from FY 2020). Net income: US$482.4m (up US$639.0m from FY 2020). Profit margin: 11% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Over the next year, revenue is expected to shrink by 8.6% compared to a 5.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 28Methanex Corporation Declares Quarterly Dividend, Payable on March 31, 2022Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.125 per share. The dividend will be payable on March 31, 2022 to holders of common shares of record on March 17, 2022.
Recent Insider Transactions • Dec 17Independent Director recently bought €270k worth of stockOn the 14th of December, James Bertram bought around 8k shares on-market at roughly €34.25 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €181k more in shares than they have sold in the last 12 months.
Upcoming Dividend • Dec 09Upcoming dividend of US$0.13 per shareEligible shareholders must have bought the stock before 16 December 2021. Payment date: 31 December 2021. Payout ratio is a comfortable 7.1% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.7%).
Recent Insider Transactions • Dec 08Insider recently sold €106k worth of stockOn the 3rd of December, Alejandro Larrive sold around 3k shares on-market at roughly €35.23 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €160k more than they bought in the last 12 months.
Reported Earnings • Oct 29Third quarter 2021 earnings released: EPS US$0.93 (vs US$1.15 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$1.08b (up 86% from 3Q 2020). Net income: US$70.5m (up US$158.4m from 3Q 2020). Profit margin: 6.5% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Sep 08Upcoming dividend of US$0.13 per shareEligible shareholders must have bought the stock before 15 September 2021. Payment date: 30 September 2021. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.6%).
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to €29.46, the stock trades at a trailing P/E ratio of 27.5x. Average forward P/E is 14x in the Chemicals industry in Germany. Total loss to shareholders of 49% over the past three years.
Recent Insider Transactions • Aug 07Independent Director recently bought €140k worth of stockOn the 5th of August, Phillip Cook bought around 5k shares on-market at roughly €28.08 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €757k more in shares than they bought in the last 12 months.
Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS US$1.40 (vs US$0.85 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$1.07b (up 109% from 2Q 2020). Net income: US$106.6m (up US$171.3m from 2Q 2020). Profit margin: 10.0% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Jun 08Upcoming dividend of US$0.037 per shareEligible shareholders must have bought the stock before 15 June 2021. Payment date: 30 June 2021. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.5%).
お知らせ • Jun 03Methanex Corporation Releases Sasb-Aligned 2020 Sustainability ReportMethanex Corporation released its 2020 Sustainability Report to share its progress on the material environmental, social and governance (ESG) topics of most importance to the company’s business and stakeholders. Methanex has reported on its sustainability performance since 1997 and this year’s report provides greater transparency and comparability by aligning its disclosures with the Sustainability Accounting Standards Board (SASB) standards and some elements of the Task Force on Climate-related Financial Disclosures (TCFD) and Global Reporting Initiative (GRI).
