MEOH Stock Recent News

Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $35 million and Adjusted EBITDA of $164 million in the second quarter.

Methanex (MEOH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

VANCOUVER, British Columbia, July 18, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has declared a quarterly dividend of US$0.185 per share. The dividend will be payable on September 30, 2024, to holders of common shares of record on September 16, 2024.

The investment by Methanex (MEOH) is expected to generate approximately 200 construction jobs and numerous permanent jobs once operational.

Leading Canadian Companies Enter Pre-FEED for Carbon Capture Utilization and Sequestration Deployment in Alberta Leading Canadian Companies Enter Pre-FEED for Carbon Capture Utilization and Sequestration Deployment in Alberta

VANCOUVER, British Columbia, June 04, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its 1.26 million tonne Egypt methanol production facility (Methanex 50% equity interest of 0.63 million tonnes per annum) was temporarily idled this morning as lower gas supply and increased seasonal demand for power generation has led to gas curtailments to industrial plants. Methanex is working closely with its partner and gas supplier to resume gas supply.

Methanex (MEOH) reported earnings 30 days ago. What's next for the stock?

Methanex Corporation (NASDAQ:MEOH ) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants Sarah Herriott - Director, Investor Relations Rich Sumner - President & Chief Executive Officer Conference Call Participants Joshua Spector - UBS Joel Jackson - BMO Capital Markets Hassan Ahmed - Alembic Global Steve Hansen - Raymond James Matthew Blair - TPH Nelson Ng - RBC Capital Markets Operator Good morning. My name is Kathleen and I will be your conference operator today.

Adjusted EBITDA of Methanex (MEOH) is hurt by lower year-over-year average realized prices in Q1.

Although the revenue and EPS for Methanex (MEOH) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.