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Last $40.66 USD
Change Today +0.74 / 1.85%
Volume 551.8K
MEOH On Other Exchanges
Symbol
Exchange
NASDAQ GS
Toronto
Frankfurt
As of 11:38 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

methanex corp (MEOH) Snapshot

Open
$39.44
Previous Close
$39.92
Day High
$40.66
Day Low
$38.83
52 Week High
09/16/14 - $70.89
52 Week Low
08/24/15 - $35.34
Market Cap
3.7B
Average Volume 10 Days
1.2M
EPS TTM
$2.26
Shares Outstanding
90.5M
EX-Date
09/14/15
P/E TM
18.0x
Dividend
$1.10
Dividend Yield
2.52%
Current Stock Chart for METHANEX CORP (MEOH)

methanex corp (MEOH) Details

Methanex Corporation produces and supplies methanol in the Asia Pacific, North America, Europe, and South America. It also purchases methanol produced by others under methanol offtake contracts and on the spot market. The company was founded in 1968 and is headquartered in Vancouver, Canada.

1,231 Employees
Last Reported Date: 03/10/15
Founded in 1968

methanex corp (MEOH) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$844.8K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: C$490.0K
Senior Vice President of Manufacturing
Total Annual Compensation: C$413.0K
Senior Vice President of Corporate Developmen...
Total Annual Compensation: C$413.0K
Senior Vice President of Global Marketing & L...
Total Annual Compensation: C$435.0K
Compensation as of Fiscal Year 2014.

methanex corp (MEOH) Key Developments

Methanex Corporation Announces Unaudited Consolidated Earnings and Operating Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Capital Expenditure Guidance for the Fiscal 2016

Methanex Corporation announced unaudited consolidated earnings and operating results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue USD 637.799 million against USD 791.310 million a year ago. Operating income was USD 129.571 million against USD 190.962 million a year ago. Income before income taxes was USD 121.651 million against USD 185.274 million a year ago. Net income attributable to the company shareholders was USD 104.580 million against USD 124.784 million a year ago. Diluted net income per common share was USD 1.15 against USD 1.24 a year ago. Cash flows from operating activities was USD 82.138 million against USD 240.172 million a year ago. Property, plant and equipment was USD 43.886 million against USD 15.936 million a year ago. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) attributable to Methanex shareholders were down by 42.9% at USD 129 million against USD 160 million a year ago. The change in average realized price for the second quarter of 2015 decreased adjusted EBITDA by USD 198 million compared with the second quarter of 2014. Adjusted net income was USD 51 million against USD 91 million a year ago. Adjusted net income per common share was USD 0.56 against USD 0.94 a year ago. Adjusted revenue (attributable to Methanex shareholders) was USD 696 million against USD 794 million a year ago. For the six months, the company reported revenue USD 1,214.54 million against USD 1,759.79 million a year ago. Operating income was USD 157.38 million against USD 414.94 million a year ago. Income before income taxes was USD 128.94 million against USD 405.344 million a year ago. Net income attributable to the company shareholders was USD 113.23 million against USD 269.9 million a year ago. Diluted net income per common share was USD 1.23 against USD 2.79 a year ago. Cash flows from operating activities was USD 119.21 million against USD 419.24 million a year ago. Property, plant and equipment was USD 62.61 million against USD 31.76 million a year ago. Adjusted net income was USD 72 million against USD 251 million a year ago. Adjusted net income per common share was USD 0.79 against USD 2.59 a year ago. Adjusted revenue (attributable to Methanex shareholders) was USD 1,321 million against USD 1,760 million a year ago. Adjusted EBITDA was USD 226 million against USD 415 million a year ago. The company's average realized price fell by 22.2% year on year to USD 350 per tonne in the second quarter of 2015 against USD 450 per tonne a year ago. Production for the second quarter of 2015 was 1,281,000 tonnes compared with 1,264,000 tonnes for the first quarter of 2015. Sales of Methanex-produced methanol were 1,203,000 tonnes in the second quarter of 2015 compared with 1,143,000 tonnes a year ago. Total sales volume was 2,125,000 against 1,992,000 a year ago. For the six months, the company reported production was 2,545,000 tonnes against 2,442,000 tonnes a year ago. Sales of Methanex-produced methanol were 2,440,000 tonnes compared with 2,371,000 tonnes a year ago. Total sales volume was 4,199,000 against 4,170,000 a year ago. Average realized price was USD 344 per tonne against USD 488 per tonne a year ago. The planned capital maintenance expenditure program directed towards maintenance, turnarounds and catalyst changes for existing operations is currently estimated to be USD 130 million for the 18 month period to the end of 2016. The estimated remaining capital expenditures related to Geismar project are approximately USD 185 million, excluding capitalized interest.

Methanex Corporation to Report Q2, 2015 Results on Jul 29, 2015

Methanex Corporation announced that they will report Q2, 2015 results on Jul 29, 2015

Methanex Corporation Declares Quarterly Dividend Payable on September 30, 2015

Methanex Corporation announced that its Board of Directors has declared a quarterly dividend of $0.275 per share that will be payable on September 30, 2015 to holders of common shares of record on September 16, 2015.

 

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Industry Analysis

MEOH

Industry Average

Valuation MEOH Industry Range
Price/Earnings 11.9x
Price/Sales 1.3x
Price/Book 2.0x
Price/Cash Flow 7.3x
TEV/Sales 0.4x
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