Methanex Corporation (MEOH)

NASDAQ: MEOH · IEX Real-Time Price · USD
50.59
+0.33 (0.66%)
May 10, 2024, 11:33 AM EDT - Market open
0.66%
Market Cap 3.40B
Revenue (ttm) 3.60B
Net Income (ttm) 166.99M
Shares Out 67.39M
EPS (ttm) 2.36
PE Ratio 21.30
Forward PE 15.03
Dividend $0.74 (1.46%)
Ex-Dividend Date Jun 14, 2024
Volume 96,366
Open 50.75
Previous Close 50.26
Day's Range 50.06 - 51.23
52-Week Range 38.18 - 51.42
Beta 1.92
Analysts Buy
Price Target 55.17 (+9.05%)
Earnings Date Apr 24, 2024

About MEOH

Methanex Corporation produces and supplies methanol in China, Europe, the United States, South America, South Korea, Canada, and Asia. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities. The company owns and manages a fleet of approximately 30 ocean-going vessels. It serves chemical and petrochemical producers. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada. [Read more]

Industry Chemicals
Sector Materials
Founded 1968
Employees 1,410
Stock Exchange NASDAQ
Ticker Symbol MEOH
Full Company Profile

Financial Performance

In 2023, Methanex's revenue was $3.72 billion, a decrease of -13.63% compared to the previous year's $4.31 billion. Earnings were $174.14 million, a decrease of -50.78%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for MEOH stock is "Buy." The 12-month stock price forecast is $55.17, which is an increase of 9.05% from the latest price.

Price Target
$55.17
(9.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

MEOH ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Methanex Corporation Shareholders Who Lost Money

NEW YORK, NY / ACCESSWIRE / May 10, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possible...

4 hours ago - Accesswire

Methanex Corporation (MEOH) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates

NEW YORK, NY / ACCESSWIRE / May 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possible ...

1 day ago - Accesswire

MEOH ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Methanex Corporation Shareholders Who Lost Money

NEW YORK, NY / ACCESSWIRE / May 8, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possible ...

2 days ago - Accesswire

Did Methanex Corporation Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - MEOH

NEW YORK, NY / ACCESSWIRE / May 7, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possible ...

3 days ago - Accesswire

Lost Money on Methanex Corporation(MEOH)? Contact Levi & Korsinsky Regarding an Ongoing Investigation

NEW YORK, NY / ACCESSWIRE / May 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possible ...

4 days ago - Accesswire

Did Methanex Corporation Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate – MEOH

NEW YORK, NY / ACCESSWIRE / May 3, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possible ...

7 days ago - Accesswire

Methanex Reports on Annual General Meeting of Shareholders and Welcomes Roger Perreault to Its Board of Directors

VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results from i...

14 days ago - GlobeNewsWire

Methanex Corporation – Notice of Cash Dividend

VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has declared a qua...

15 days ago - GlobeNewsWire

Methanex Reports Higher First Quarter 2024 Earnings as Methanol Prices Increase

Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $53 million and Adjusted EBITDA of $160 million in the first...

15 days ago - GlobeNewsWire

Methanex Renews and Adds New Tranche to Revolving Credit Facility

VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has renewed its US$300 million revolving credit facility, which repl...

15 days ago - GlobeNewsWire

Shareholders that lost money on Methanex Corporation (MEOH) should contact Levi & Korsinsky about Securities Fraud Investigation - MEOH

NEW YORK, NY / ACCESSWIRE / April 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

4 weeks ago - Accesswire

Levi & Korsinsky Reminds Shareholders of an Investigation into Methanex Corporation (MEOH) Regarding Potential Securities Fraud Allegations

NEW YORK, NY / ACCESSWIRE / April 11, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

4 weeks ago - Accesswire

ATTENTION Methanex Corporation Investors: You May Have Been Affected by Fraud- Contact Levi & Korsinsky to Discuss Your Rights

NEW YORK, NY / ACCESSWIRE / April 10, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

4 weeks ago - Accesswire

Levi & Korsinsky Announces an Investigation on Behalf of Methanex Corporation (MEOH) Shareholders Who May Have Been Affected by Fraud

NEW YORK, NY / ACCESSWIRE / April 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possibl...

4 weeks ago - Accesswire

Lost Money on Methanex Corporation (MEOH)? You May Have Been Affected by Fraud - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possibl...

4 weeks ago - Accesswire

Methanex Corporation Investigated Regarding Potential Securities Law Violations - Contact Levi & Korsinsky for Details - MEOH

NEW YORK, NY / ACCESSWIRE / March 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

6 weeks ago - Accesswire

Methanex Corporation Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - MEOH

NEW YORK, NY / ACCESSWIRE / March 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

6 weeks ago - Accesswire

Shareholder Rights Advocates at Levi & Korsinsky Investigate Methanex Corporation (MEOH) Regarding Possible Securities Fraud Violations

NEW YORK, NY / ACCESSWIRE / March 21, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

7 weeks ago - Accesswire

Methanex Corporation INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by Methanex Corporation (MEOH)

NEW YORK, NY / ACCESSWIRE / March 14, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

2 months ago - Accesswire

Lost Money on Methanex Corporation (MEOH)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / March 13, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

2 months ago - Accesswire

Shareholders that lost money on Methanex Corporation(MEOH) should contact Levi & Korsinsky about Securities Fraud Investigation - MEOH

NEW YORK, NY / ACCESSWIRE / March 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possib...

2 months ago - Accesswire

Methanex Releases 2023 Sustainability Report

VANCOUVER, British Columbia, March 08, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) released its 2023 Sustainability Report today to share its progress on the sustainability to...

2 months ago - GlobeNewsWire

Lost Money on Methanex Corporation (MEOH)? Contact Levi & Korsinsky Regarding an Ongoing Investigation

NEW YORK, NY / ACCESSWIRE / March 7, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possibl...

2 months ago - Accesswire

Levi & Korsinsky Reminds Methanex Corporation Investors of the Ongoing Investigation into Potential Violations of Securities Laws - MEOH

NEW YORK, NY / ACCESSWIRE / March 7, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possibl...

2 months ago - Accesswire

MEOH ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Methanex Corporation

NEW YORK, NY / ACCESSWIRE / March 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methanex Corporation ("Methanex Corporation") (NASDAQ:MEOH) concerning possibl...

2 months ago - Accesswire