Methanex（MEOH）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、南米でメタノールとアンモニアの製造・販売を行っている。 詳細MEOH 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1/6報酬当社が推定した公正価値より61.5%で取引されている 収益は年間44.62%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 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MEOH Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$60.1225.7% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-75m5b2016201920222025202620282031Revenue US$4.3bEarnings US$403.0mAdvancedSet Fair ValueView all narrativesMethanex Corporation 競合他社CabotSymbol: NYSE:CBTMarket cap: US$4.3bOlinSymbol: NYSE:OLNMarket cap: US$3.0bHawkinsSymbol: NasdaqGS:HWKNMarket cap: US$3.2bWestlakeSymbol: NYSE:WLKMarket cap: US$11.4b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$60.1252週高値CA$66.7552週安値CA$31.57ベータ0.841ヶ月の変化0.82%3ヶ月変化23.25%1年変化82.90%3年間の変化44.00%5年間の変化69.11%IPOからの変化479.47%最新ニュースPrice Target Changed • May 19Price target increased by 7.4% to US$72.33Up from US$67.33, the current price target is provided by 1 analyst. New target price is 17% above last closing price of US$62.07. Stock is up 84% over the past year. The company is forecast to post earnings per share of US$9.00 for next year compared to US$1.10 last year.Declared Dividend • May 04First quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.0%. 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.Reported Earnings • Apr 30First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: US$0.18 loss per share (down from US$1.65 profit in 1Q 2025). Revenue: US$973.7m (up 8.6% from 1Q 2025). Net loss: US$13.6m (down 112% from profit in 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Price Target Changed • Apr 09Price target increased by 7.7% to US$64.00Up from US$59.44, the current price target is provided by 1 analyst. New target price is 10% above last closing price of US$57.94. Stock is up 120% over the past year. The company is forecast to post earnings per share of US$2.85 for next year compared to US$1.10 last year.Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$65.22, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Chemicals industry in the US. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$92.47 per share.最新情報をもっと見るRecent updatesPrice Target Changed • May 19Price target increased by 7.4% to US$72.33Up from US$67.33, the current price target is provided by 1 analyst. New target price is 17% above last closing price of US$62.07. Stock is up 84% over the past year. The company is forecast to post earnings per share of US$9.00 for next year compared to US$1.10 last year.Declared Dividend • May 04First quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.0%. 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.Reported Earnings • Apr 30First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: US$0.18 loss per share (down from US$1.65 profit in 1Q 2025). Revenue: US$973.7m (up 8.6% from 1Q 2025). Net loss: US$13.6m (down 112% from profit in 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Price Target Changed • Apr 09Price target increased by 7.7% to US$64.00Up from US$59.44, the current price target is provided by 1 analyst. New target price is 10% above last closing price of US$57.94. Stock is up 120% over the past year. The company is forecast to post earnings per share of US$2.85 for next year compared to US$1.10 last year.Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$65.22, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Chemicals industry in the US. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$92.47 per share.Price Target Changed • Mar 10Price target increased by 8.4% to US$55.67Up from US$51.33, the current price target is an average from 2 analysts. New target price is 10% above last closing price of US$50.49. Stock is up 38% over the past year. The company is forecast to post earnings per share of US$2.85 for next year compared to US$1.10 last year.Upcoming Dividend • Mar 10Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 17 March 2026. Payment date: 31 March 2026. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.7%).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, 2026Reported Earnings • Mar 06Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: US$1.10 (down from US$2.43 in FY 2024). Revenue: US$3.59b (down 3.5% from FY 2024). Net income: US$79.9m (down 51% from FY 2024). Profit margin: 2.2% (down from 4.4% in FY 2024). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 68%. Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Chemicals industry in the US. 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 1% per year, which means it is well ahead of earnings.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.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to US$57.05, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Chemicals industry in the US. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$78.75 per share.お知らせ • Feb 09Methanex Corporation, Annual General Meeting, Apr 30, 2026Methanex Corporation, Annual General Meeting, Apr 30, 2026.Declared Dividend • Feb 04Third quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 17th March 2026 Payment date: 31st March 2026 Dividend yield will be 1.4%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (6% 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 grow by 6.8% over the next 2 years, which should provide support to the dividend and adequate earnings cover.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.Upcoming Dividend • Dec 10Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 17 December 2025. Payment date: 31 December 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (2.2%).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.Declared Dividend • Nov 21Third quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 17th December 2025 Payment date: 31st December 2025 Dividend yield will be 2.1%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (6% 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 grow by 26% over the next 2 years, which should provide support to the dividend and adequate earnings cover.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.Reported Earnings • Oct 31Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: US$0.091 loss per share (down from US$0.46 profit in 3Q 2024). Revenue: US$927.4m (flat on 3Q 2024). Net loss: US$7.07m (down 123% from profit in 3Q 2024). Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.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.Upcoming Dividend • Sep 10Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 16 September 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (1.9%).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, 2025Recent Insider Transactions • Sep 08Insider recently bought US$448k worth of stockOn the 5th of September, Karine Delbarre bought around 12k shares on-market at roughly US$38.14 per share. This transaction increased Karine'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. Insiders have collectively bought US$2.3m more in shares than they have sold in the last 12 months.New Risk • Aug 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.5% 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 1.5% per year for the foreseeable future. Minor Risks High level of debt (85% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Declared Dividend • Aug 01Second quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 16th September 2025 Payment date: 30th September 2025 Dividend yield will be 2.2%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (6% 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 decline by 13% over the next 3 years. However, it would need to fall by 78% to increase the payout ratio to a potentially unsustainable range.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.Seeking Alpha • Jul 14Methanex: Very Cheap, New Acquisitions, And A Significant InvestorSummary Methanex's recent acquisitions in Texas and the Netherlands are expected to drive revenue and free cash flow growth, enhancing future financial performance. A major activist investor's stake could accelerate stock demand and potentially lead to value-creating actions like asset sales or share repurchases. Despite operational and debt-related risks, Methanex trades at a significant discount to peers and appears undervalued based on my DCF models. I rate MEOH a buy, anticipating stock price appreciation as investors recognize its improved fundamentals and potential for further value creation. Read the full article on Seeking Alpha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.Price Target Changed • Apr 07Price target decreased by 12% to US$53.60Down from US$60.80, the current price target is provided by 1 analyst. New target price is 96% above last closing price of US$27.39. Stock is down 45% over the past year. The company is forecast to post earnings per share of US$2.79 for next year compared to US$2.43 last year.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to US$28.72, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Chemicals industry in the US. Total loss to shareholders of 45% over the past three years.Seeking Alpha • Mar 28Methanex: A Strong Start To 2025 Is Now ReversingSummary Methanex Corporation's acquisition of OCI Global's methanol assets aims to create the largest methanol producer. Despite volatile financials, Methanex's production and sales volumes have grown, with Geismar 3 and OCI expected to boost future output. Good news includes a strong end to 2024 and an initial positive 2025 outlook. MEOH shares have fallen substantially in recent weeks amidst falling methanol prices and Geismar´s 3 outages, as share levels start to look more compelling. Read the full article on Seeking Alpha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.Recent Insider Transactions • Mar 13Insider recently bought US$423k worth of stockOn the 11th of March, Kevin Maloney bought around 11k shares on-market at roughly US$37.14 per share. This transaction amounted to 61% 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 US$1.2m more in shares than they have sold in the last 12 months.Upcoming Dividend • Mar 10Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 17 March 2025. Payment date: 31 March 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.0%).Reported Earnings • Mar 09Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$2.43 (down from US$2.57 in FY 2023). Revenue: US$3.72b (flat on FY 2023). Net income: US$164.0m (down 5.8% from FY 2023). Profit margin: 4.4% (down from 4.7% in FY 2023). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.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, 2025Price Target Changed • Feb 07Price target increased by 7.9% to US$63.10Up from US$58.50, the current price target is an average from 2 analysts. New target price is 25% above last closing price of US$50.66. Stock is up 10% over the past year. The company is forecast to post earnings per share of US$3.87 for next year compared to US$2.43 last year.お知らせ • Feb 07Methanex Corporation, Annual General Meeting, May 01, 2025Methanex Corporation, Annual General Meeting, May 01, 2025.Declared Dividend • Feb 03Fourth quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 17th March 2025 Payment date: 31st March 2025 Dividend yield will be 1.4%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (9% 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 grow by 57% over the next 2 years, which should provide support to the dividend and adequate earnings cover.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.Reported Earnings • Jan 30Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$2.43 (down from US$2.57 in FY 2023). Revenue: US$3.72b (flat on FY 2023). Net income: US$164.0m (down 5.8% from FY 2023). Profit margin: 4.4% (down from 4.7% in FY 2023). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.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.Upcoming Dividend • Dec 10Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 17 December 2024. Payment date: 31 December 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (2.0%).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, 2025Declared Dividend • Nov 22Third quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 17th December 2024 Payment date: 31st December 2024 Dividend yield will be 1.6%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (11% 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 grow by 86% over the next 2 years, which should provide support to the dividend and adequate earnings cover.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.Reported Earnings • Nov 12Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$0.46 (up from US$0.36 in 3Q 2023). Revenue: US$934.8m (up 14% from 3Q 2023). Net income: US$31.1m (up 28% from 3Q 2023). Profit margin: 3.3% (up from 2.9% in 3Q 2023). Revenue exceeded analyst estimates by 8.8%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.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.Seeking Alpha • Sep 10Methanex: Becoming A Methanol GiantSummary Methanex Corporation is the world's largest methanol producer. The company was set to benefit from its Geismar 3 plant opening this year, adding efficient production capacity to its line-up. Given this background, an expensive deal with OCI to grow capacity even further comes a bit surprising. Increased debt, and a relatively pricey deal, makes me hesitant to invest even after the share price pullback. Read the full article on Seeking Alpha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.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$40.68, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Chemicals industry in the US. Total returns to shareholders of 22% over the past three years.Reported Earnings • Jul 31Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond 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 missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 44%. 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 the US. 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 12% per year, which means it is well ahead of earnings.Declared Dividend • Jul 22First quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 16th September 2024 Payment date: 30th September 2024 Dividend yield will be 1.5%, which is lower than the industry average of 2.0%. 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 American dividend payers (4.7%). Lower than average of industry peers (1.9%).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 announcedDividend of US$0.18 is the same as last year. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.0%. 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.Seeking Alpha • Feb 06Methanex: New G3 Project, Natural Gas Supply Agreement Highlight Positive OutlookSummary Methanex Corporation appears to be the methanol supply company with the greatest presence in international markets, reaching the Asian, North American, South American, and European markets. The new G3 project, two-year supply agreement, and repairs in Egypt contribute to the positive outlook. Natural gas infrastructure investments in Argentina may bring beneficial news in the coming years about production capacity and FCF growth. Read the full article on Seeking Alpha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 30New 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 (70% 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 (4.8% net profit margin).Reported Earnings • Oct 26Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: US$0.36 (down from US$0.98 in 3Q 2022). Revenue: US$823.3m (down 19% from 3Q 2022). Net income: US$24.2m (down 65% from 3Q 2022). Profit margin: 2.9% (down from 6.8% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.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 American dividend payers (4.9%). Lower than average of industry peers (2.1%).Reported Earnings • Jul 28Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond 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 exceeded analyst estimates by 6.8%. Earnings per share (EPS) missed analyst estimates by 6.4%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Chemicals industry in the US. 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 33% 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 American dividend payers (5.0%). Lower than average of industry peers (2.3%).Recent Insider Transactions • May 01Independent Director recently bought US$142k worth of stockOn the 28th of April, James Bertram bought around 3k shares on-market at roughly US$44.67 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 US$865k more in shares than they have sold in the last 12 months.Reported Earnings • Mar 12Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull 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 exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 64%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Chemicals industry in the US. 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 46% 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 American dividend payers (4.4%). Lower than average of industry peers (2.1%).Price Target Changed • Feb 07Price target increased by 18% to US$52.45Up from US$44.36, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of US$52.35. Stock is up 8.8% over the past year. The company is forecast to post earnings per share of US$3.89 for next year compared to US$4.95 last year.Reported Earnings • Feb 05Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull 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 exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 64%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Chemicals industry in the US. 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 15% 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 22Independent Director recently bought US$251k worth of stockOn the 19th of December, Paul Dobson bought around 7k shares on-market at roughly US$36.28 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 US$258k 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 American dividend payers (4.3%). In line with average of industry peers (2.1%).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, 2023Reported Earnings • Oct 27Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird 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 exceeded analyst estimates by 8.0%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Chemicals industry in the US.株主還元MEOHUS ChemicalsUS 市場7D-5.1%0.1%1.1%1Y82.9%8.9%28.7%株主還元を見る業界別リターン: MEOH過去 1 年間で8.9 % の収益を上げたUS Chemicals業界を上回りました。リターン対市場: MEOH過去 1 年間で28.7 % の収益を上げたUS市場を上回りました。価格変動Is MEOH's price volatile compared to industry and market?MEOH volatilityMEOH Average Weekly Movement9.8%Chemicals Industry Average Movement7.5%Market Average Movement7.2%10% most volatile stocks in US Market16.5%10% least volatile stocks in US Market3.1%安定した株価: MEOH 、 US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: MEOHの 週次ボラティリティ ( 10% ) 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メタネックス・コーポレーションは、アジア太平洋、北米、欧州、南米でメタノールとアンモニアの生産と販売を行っている。また、地域内の貯蔵およびターミナル施設の所有とリースも行っている。同社は化学および石油化学メーカーにサービスを提供している。メタネックス コーポレーションは1968年に設立され、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。MEOH 基礎統計学時価総額US$4.65b収益（TTM）-US$45.03m売上高(TTM)US$3.67b1.3xP/Sレシオ-103.3xPER（株価収益率MEOH 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MEOH 損益計算書（TTM）収益US$3.67b売上原価US$2.78b売上総利益US$883.60mその他の費用US$928.64m収益-US$45.03m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-0.58グロス・マージン24.10%純利益率-1.23%有利子負債／自己資本比率99.6%MEOH 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1.2%現在の配当利回り-123%配当性向MEOH 配当は確実ですか？MEOH 配当履歴とベンチマークを見るMEOH 、いつまでに購入すれば配当金を受け取れますか？Methanex 配当日配当落ち日Jun 16 2026配当支払日Jun 30 2026配当落ちまでの日数22 days配当支払日までの日数36 daysMEOH 配当は確実ですか？MEOH 配当履歴とベンチマークを見る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2026/05/24 16:21終値2026/05/22 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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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
Price Target Changed • May 19Price target increased by 7.4% to US$72.33Up from US$67.33, the current price target is provided by 1 analyst. New target price is 17% above last closing price of US$62.07. Stock is up 84% over the past year. The company is forecast to post earnings per share of US$9.00 for next year compared to US$1.10 last year.
Declared Dividend • May 04First quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.0%. 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.
Reported Earnings • Apr 30First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: US$0.18 loss per share (down from US$1.65 profit in 1Q 2025). Revenue: US$973.7m (up 8.6% from 1Q 2025). Net loss: US$13.6m (down 112% from profit in 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Price Target Changed • Apr 09Price target increased by 7.7% to US$64.00Up from US$59.44, the current price target is provided by 1 analyst. New target price is 10% above last closing price of US$57.94. Stock is up 120% over the past year. The company is forecast to post earnings per share of US$2.85 for next year compared to US$1.10 last year.
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$65.22, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Chemicals industry in the US. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$92.47 per share.
Price Target Changed • May 19Price target increased by 7.4% to US$72.33Up from US$67.33, the current price target is provided by 1 analyst. New target price is 17% above last closing price of US$62.07. Stock is up 84% over the past year. The company is forecast to post earnings per share of US$9.00 for next year compared to US$1.10 last year.
Declared Dividend • May 04First quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.0%. 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.
Reported Earnings • Apr 30First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: US$0.18 loss per share (down from US$1.65 profit in 1Q 2025). Revenue: US$973.7m (up 8.6% from 1Q 2025). Net loss: US$13.6m (down 112% from profit in 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Price Target Changed • Apr 09Price target increased by 7.7% to US$64.00Up from US$59.44, the current price target is provided by 1 analyst. New target price is 10% above last closing price of US$57.94. Stock is up 120% over the past year. The company is forecast to post earnings per share of US$2.85 for next year compared to US$1.10 last year.
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$65.22, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Chemicals industry in the US. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$92.47 per share.
Price Target Changed • Mar 10Price target increased by 8.4% to US$55.67Up from US$51.33, the current price target is an average from 2 analysts. New target price is 10% above last closing price of US$50.49. Stock is up 38% over the past year. The company is forecast to post earnings per share of US$2.85 for next year compared to US$1.10 last year.
Upcoming Dividend • Mar 10Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 17 March 2026. Payment date: 31 March 2026. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.7%).
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
Reported Earnings • Mar 06Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: US$1.10 (down from US$2.43 in FY 2024). Revenue: US$3.59b (down 3.5% from FY 2024). Net income: US$79.9m (down 51% from FY 2024). Profit margin: 2.2% (down from 4.4% in FY 2024). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 68%. Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Chemicals industry in the US. 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 1% per year, which means it is well ahead of earnings.
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.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to US$57.05, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Chemicals industry in the US. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$78.75 per share.
お知らせ • Feb 09Methanex Corporation, Annual General Meeting, Apr 30, 2026Methanex Corporation, Annual General Meeting, Apr 30, 2026.
Declared Dividend • Feb 04Third quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 17th March 2026 Payment date: 31st March 2026 Dividend yield will be 1.4%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (6% 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 grow by 6.8% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
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.
Upcoming Dividend • Dec 10Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 17 December 2025. Payment date: 31 December 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (2.2%).
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.
Declared Dividend • Nov 21Third quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 17th December 2025 Payment date: 31st December 2025 Dividend yield will be 2.1%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (6% 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 grow by 26% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
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.
Reported Earnings • Oct 31Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: US$0.091 loss per share (down from US$0.46 profit in 3Q 2024). Revenue: US$927.4m (flat on 3Q 2024). Net loss: US$7.07m (down 123% from profit in 3Q 2024). Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
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.
Upcoming Dividend • Sep 10Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 16 September 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (1.9%).
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
Recent Insider Transactions • Sep 08Insider recently bought US$448k worth of stockOn the 5th of September, Karine Delbarre bought around 12k shares on-market at roughly US$38.14 per share. This transaction increased Karine'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. Insiders have collectively bought US$2.3m more in shares than they have sold in the last 12 months.
New Risk • Aug 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.5% 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 1.5% per year for the foreseeable future. Minor Risks High level of debt (85% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Declared Dividend • Aug 01Second quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 16th September 2025 Payment date: 30th September 2025 Dividend yield will be 2.2%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (6% 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 decline by 13% over the next 3 years. However, it would need to fall by 78% to increase the payout ratio to a potentially unsustainable range.
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.
Seeking Alpha • Jul 14Methanex: Very Cheap, New Acquisitions, And A Significant InvestorSummary Methanex's recent acquisitions in Texas and the Netherlands are expected to drive revenue and free cash flow growth, enhancing future financial performance. A major activist investor's stake could accelerate stock demand and potentially lead to value-creating actions like asset sales or share repurchases. Despite operational and debt-related risks, Methanex trades at a significant discount to peers and appears undervalued based on my DCF models. I rate MEOH a buy, anticipating stock price appreciation as investors recognize its improved fundamentals and potential for further value creation. Read the full article on Seeking Alpha
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.
Price Target Changed • Apr 07Price target decreased by 12% to US$53.60Down from US$60.80, the current price target is provided by 1 analyst. New target price is 96% above last closing price of US$27.39. Stock is down 45% over the past year. The company is forecast to post earnings per share of US$2.79 for next year compared to US$2.43 last year.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to US$28.72, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Chemicals industry in the US. Total loss to shareholders of 45% over the past three years.
Seeking Alpha • Mar 28Methanex: A Strong Start To 2025 Is Now ReversingSummary Methanex Corporation's acquisition of OCI Global's methanol assets aims to create the largest methanol producer. Despite volatile financials, Methanex's production and sales volumes have grown, with Geismar 3 and OCI expected to boost future output. Good news includes a strong end to 2024 and an initial positive 2025 outlook. MEOH shares have fallen substantially in recent weeks amidst falling methanol prices and Geismar´s 3 outages, as share levels start to look more compelling. Read the full article on Seeking Alpha
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.
Recent Insider Transactions • Mar 13Insider recently bought US$423k worth of stockOn the 11th of March, Kevin Maloney bought around 11k shares on-market at roughly US$37.14 per share. This transaction amounted to 61% 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 US$1.2m more in shares than they have sold in the last 12 months.
Upcoming Dividend • Mar 10Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 17 March 2025. Payment date: 31 March 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.0%).
Reported Earnings • Mar 09Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$2.43 (down from US$2.57 in FY 2023). Revenue: US$3.72b (flat on FY 2023). Net income: US$164.0m (down 5.8% from FY 2023). Profit margin: 4.4% (down from 4.7% in FY 2023). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
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
Price Target Changed • Feb 07Price target increased by 7.9% to US$63.10Up from US$58.50, the current price target is an average from 2 analysts. New target price is 25% above last closing price of US$50.66. Stock is up 10% over the past year. The company is forecast to post earnings per share of US$3.87 for next year compared to US$2.43 last year.
お知らせ • Feb 07Methanex Corporation, Annual General Meeting, May 01, 2025Methanex Corporation, Annual General Meeting, May 01, 2025.
Declared Dividend • Feb 03Fourth quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 17th March 2025 Payment date: 31st March 2025 Dividend yield will be 1.4%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (9% 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 grow by 57% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
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.
Reported Earnings • Jan 30Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$2.43 (down from US$2.57 in FY 2023). Revenue: US$3.72b (flat on FY 2023). Net income: US$164.0m (down 5.8% from FY 2023). Profit margin: 4.4% (down from 4.7% in FY 2023). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
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.
Upcoming Dividend • Dec 10Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 17 December 2024. Payment date: 31 December 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (2.0%).
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
Declared Dividend • Nov 22Third quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 17th December 2024 Payment date: 31st December 2024 Dividend yield will be 1.6%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (11% 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 grow by 86% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
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.
Reported Earnings • Nov 12Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$0.46 (up from US$0.36 in 3Q 2023). Revenue: US$934.8m (up 14% from 3Q 2023). Net income: US$31.1m (up 28% from 3Q 2023). Profit margin: 3.3% (up from 2.9% in 3Q 2023). Revenue exceeded analyst estimates by 8.8%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
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.
Seeking Alpha • Sep 10Methanex: Becoming A Methanol GiantSummary Methanex Corporation is the world's largest methanol producer. The company was set to benefit from its Geismar 3 plant opening this year, adding efficient production capacity to its line-up. Given this background, an expensive deal with OCI to grow capacity even further comes a bit surprising. Increased debt, and a relatively pricey deal, makes me hesitant to invest even after the share price pullback. Read the full article on Seeking Alpha
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.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$40.68, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Chemicals industry in the US. Total returns to shareholders of 22% over the past three years.
Reported Earnings • Jul 31Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond 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 missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 44%. 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 the US. 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 12% per year, which means it is well ahead of earnings.
Declared Dividend • Jul 22First quarter dividend of US$0.18 announcedDividend of US$0.18 is the same as last year. Ex-date: 16th September 2024 Payment date: 30th September 2024 Dividend yield will be 1.5%, which is lower than the industry average of 2.0%. 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 American dividend payers (4.7%). Lower than average of industry peers (1.9%).
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 announcedDividend of US$0.18 is the same as last year. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.0%. 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.
Seeking Alpha • Feb 06Methanex: New G3 Project, Natural Gas Supply Agreement Highlight Positive OutlookSummary Methanex Corporation appears to be the methanol supply company with the greatest presence in international markets, reaching the Asian, North American, South American, and European markets. The new G3 project, two-year supply agreement, and repairs in Egypt contribute to the positive outlook. Natural gas infrastructure investments in Argentina may bring beneficial news in the coming years about production capacity and FCF growth. Read the full article on Seeking Alpha
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 30New 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 (70% 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 (4.8% net profit margin).
Reported Earnings • Oct 26Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: US$0.36 (down from US$0.98 in 3Q 2022). Revenue: US$823.3m (down 19% from 3Q 2022). Net income: US$24.2m (down 65% from 3Q 2022). Profit margin: 2.9% (down from 6.8% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
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 American dividend payers (4.9%). Lower than average of industry peers (2.1%).
Reported Earnings • Jul 28Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond 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 exceeded analyst estimates by 6.8%. Earnings per share (EPS) missed analyst estimates by 6.4%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Chemicals industry in the US. 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 33% 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 American dividend payers (5.0%). Lower than average of industry peers (2.3%).
Recent Insider Transactions • May 01Independent Director recently bought US$142k worth of stockOn the 28th of April, James Bertram bought around 3k shares on-market at roughly US$44.67 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 US$865k more in shares than they have sold in the last 12 months.
Reported Earnings • Mar 12Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull 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 exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 64%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Chemicals industry in the US. 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 46% 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 American dividend payers (4.4%). Lower than average of industry peers (2.1%).
Price Target Changed • Feb 07Price target increased by 18% to US$52.45Up from US$44.36, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of US$52.35. Stock is up 8.8% over the past year. The company is forecast to post earnings per share of US$3.89 for next year compared to US$4.95 last year.
Reported Earnings • Feb 05Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull 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 exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 64%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Chemicals industry in the US. 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 15% 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 22Independent Director recently bought US$251k worth of stockOn the 19th of December, Paul Dobson bought around 7k shares on-market at roughly US$36.28 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 US$258k 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 American dividend payers (4.3%). In line with average of industry peers (2.1%).
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
Reported Earnings • Oct 27Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird 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 exceeded analyst estimates by 8.0%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Chemicals industry in the US.
