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Methanex (MEOH)

Company Profile

Company profile

Ticker

MEOH, MX

Exchange

Website

www.methanex.com

CEO

Mr. Richard W. Sumner

Incorporated

British Columbia, Canada

Location

British Columbia, Canada

Fiscal year end

Sector

Manufacturing > All Other Miscellaneous Chemical Product and Preparation Manufacturing

Industry (SIC)

Industrial Organic Chemicals

LyondellBasell Industries • Westlake • International Flavors & Fragrances • Sensient Technologies • Green Plains • NewMarket • Westlake Chemical Partners • Renewable Energy • FutureFuel • Alto Ingredients ...

Former names

KLEVER MARKETING INC

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

MEOH stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$59.50

Low target

$53.00

High target

$71.00

Latest filings (excl ownership)

View all

Current report (foreign)

Current report (foreign)

Current report (foreign)

Current report (foreign)

Current report (foreign)

Current report (foreign)

Current report (foreign)

Current report (foreign)

Current report (foreign)

Current report (foreign)

Transcripts

View all

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Latest ownership filings

View all

M&G INVESTMENT MANAGEMENT LTD

WELLINGTON MANAGEMENT GROUP LLP

WELLINGTON MANAGEMENT GROUP LLP

Financial summary

Financial statements Chart MEOH financial data

Quarter (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Methanex earnings reports.

Institutional ownership, Q3 2024

MEOH institutional ownership history Ownership history

70.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	163	162	+0.6%
Opened positions	24	28	-14.3%
Closed positions	23	17	+35.3%
Increased positions	59	59	–
Reduced positions	53	47	+12.8%

13F shares	Current	Prev Q	Change
Total value	1.95 tn	2.35 tn	-17.1%
Total shares	47.71 mm	49.13 mm	-2.9%
Total puts	146.20 k	86.50 k	+69.0%
Total calls	682.60 k	471.80 k	+44.7%
Total put/call ratio	0.2	0.2	+16.8%

Largest owners	Shares	Value	Change
M&G	12.86 mm	$527.46 bn	-1.2%
FIL	7.16 mm	$295.65 bn	-6.8%
Wellington Management	4.77 mm	$197.40 bn	-0.2%
FMR	3.23 mm	$133.70 bn	-7.3%
Vanguard	2.08 mm	$85.91 bn	+0.2%
RY Royal Bank of Canada	1.53 mm	$63.38 bn	-18.7%
Millennium Management	1.51 mm	$62.26 bn	+196.0%
Dixon Mitchell Investment Counsel	1.18 mm	$49.02 bn	+9.9%
Dimensional Fund Advisors	997.90 k	$41.25 bn	+5.7%
BMO Bank of Montreal	894.98 k	$37.17 bn	-21.2%

Largest transactions	Shares	Bought/sold	Change
Connor, Clark & Lunn Investment Management	458.48 k	-1.21 mm	-72.6%
Millennium Management	1.51 mm	+997.32 k	+196.0%
Norges Bank	0.00	-683.66 k	EXIT
Alliancebernstein	689.11 k	+676.21 k	+5239.5%
Schonfeld Strategic Advisors	0.00	-640.35 k	EXIT
FIL	7.16 mm	-518.51 k	-6.8%
BAC Bank of America	530.30 k	+422.40 k	+391.5%
RY Royal Bank of Canada	1.53 mm	-353.53 k	-18.7%
Alberta Investment Management	51.10 k	-328.89 k	-86.6%
FMR	3.23 mm	-255.83 k	-7.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

News

From Benzinga Pro

Scotiabank Maintains Sector Outperform on Methanex, Raises Price Target to $66

Scotiabank analyst Ben Isaacson maintains Methanex (NASDAQ:MEOH) with a Sector Outperform and raises the price target from $60 to $66.

Methanex Projects ~7.5M Tonnes Production For 2025, OCI Acquisition Impact Excluded; Expects Higher Adjusted EBITDA Compared To Q4, With Produced Sales Expected To Be Closer To Production Levels In Q4 2024, And A Higher Average Realized Price; Says Based On January And February Posted Prices, Expect Average Realized Price Range Will Be Between ~$395-$405/Tonne For These Two Months

OutlookOur 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

Methanex Q4 Adj $1.24 Beats $1.08 Estimate, Sales $949.00M Miss $1.00B Estimate

Methanex (NASDAQ:MEOH) reported quarterly earnings of $1.24 per share which beat the analyst consensus estimate of $1.08 by 14.81 percent. This is a 138.46 percent increase over earnings of $0.52 per share from the same

Earnings Scheduled For January 29, 2025

Barclays Maintains Equal-Weight on Methanex, Raises Price Target to $54

Press releases

From Benzinga Pro

Methanex Reports Higher Production and Adjusted EBITDA in Fourth Quarter 2024

Except where otherwise noted, all currency amounts are stated in United States dollars. Financial and Production Highlights Net income attributable to Methanex shareholders of $45 million and Adjusted EBITDA of $224

Methanex Announces Upsize and Pricing of Senior Unsecured Notes

VANCOUVER, British Columbia, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) ("Methanex") announced today that its wholly-owned subsidiary, Methanex US Operations Inc., has priced an

Methanex Corporation – Notice of Cash Dividend

VANCOUVER, British Columbia, Nov. 19, 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

Methanex Announces Offering of Senior Unsecured Notes

Methanex Reports Third Quarter 2024 Results

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