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MEOH $47.77

MEOH target price
47.77
0
0
Methanex Corporation
Type
Public
Traded as TSX: MX
NASDAQ: MEOH
Industry Methanol
Headquarters Vancouver, Canada
Key people
John Floren, CEO
Ian Cameron, CFO
Products Methanol
Subsidiaries Waterfront Shipping Ltd.
Website www.methanex.com

Methanex Corporation is a Canadian company that supplies, distributes and markets methanol worldwide.

Methanex is the world’s largest producer and supplier of methanol to major international markets in North America, Asia Pacific, Europe and South America. Methanex is headquartered in Vancouver, Canada, and operates production sites in Canada, Chile, Egypt, New Zealand, the United States and Trinidad and Tobago. Its global operations are supported by an extensive global supply chain of terminals, storage facilities and the world’s largest dedicated fleet of methanol ocean tankers.

Methanex Corporation challenged California's plan to eliminate methyl tertiary butyl ether (MTBE) from gasoline on grounds of water pollution prevention, claiming protection under Chapter 11 of NAFTA and demanding $970 million in compensation from the state.

In January 2012, Methanex announced it would move one of its idle Chilean plants to the United States. Methanex later confirmed that they acquired land in Geismar, LA and Geismar would be the site in the United States where the idle Chilean plant would be moved to. Methanex CEO, Bruce Aitken, confirmed in a press release on January 17, 2012 that the reason Methanex was shifting a methanol production plant from Chile to North America, specifically Louisiana, is due to the low price of natural gas available in North America and Louisiana.

Regional marketing offices are located in Belgium, Chile, China, Egypt, Korea, Japan, the United Arab Emirates, the United Kingdom and the United States.

Methanex's wholly owned subsidiary, Waterfront Shipping Limited, is a global marine transportation company that operates a fleet of 28 ocean tankers. In 2016, the company announced the delivery of seven first Korean and Japanese built methanol-fueled ocean tankers.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-25 Future report Set alerts
Q2 2022 2022-07-27 1.16 1.16
Q1 2022 2022-04-27 2.16 2.16
Q4 2021 2022-01-26 2.43 2.43
Q3 2021 2021-10-27 1.29 1.29
Q2 2021 2021-07-28 1.24 1.24
Q1 2021 2021-04-28 1.07 1.07
Q4 2020 2021-01-27 0.15 0.15
Q2 2020 2020-07-29 -0.84 -0.85
Q1 2020 2020-05-05 0.10 0.21

Ratings

2016-07-06 Reiterated Rating Jefferies Group Buy
2016-07-05 Upgrade CIBC Sector Perform to Outperform $37.00
2016-06-15 Reiterated Rating Jefferies Group Buy $41.00
2016-06-06 Reiterated Rating RBC Capital Sector Perform $48.50
2016-06-06 Reiterated Rating Royal Bank Of Canada Sector Perform $48.50
2016-05-31 Reiterated Rating Jefferies Group Buy
2016-05-17 Upgrade Raymond James Outperform to Strong-Buy
2016-05-17 Upgrade Raymond James Financial Inc. Outperform to Strong-Buy
2016-05-01 Reiterated Rating RBC Capital Sector Perform $43.00 to $48.00
2016-03-24 Downgrade TD Securities Buy to Hold $34.00
2016-03-23 Reiterated Rating Jefferies Group Buy $33.00 to $41.00
2016-03-14 Downgrade Citigroup Inc. Buy to Neutral $30.00 to $35.00
2016-03-02 Upgrade Raymond James Market Perform to Outperform $32.00 to $40.00
2016-01-30 Lower Price Target RBC Capital Sector Perform $45.00 to $34.00
2016-01-29 Lower Price Target TD Securities $40.00 to $34.00
2016-01-29 Lower Price Target Raymond James Market Perform $43.00 to $32.00
2016-01-29 Lower Price Target CIBC Sector Performer $35.00 to $27.00
2016-01-27 Reiterated Rating Jefferies Group Buy $38.00 to $33.00
2016-01-24 Lower Price Target RBC Capital Sector Perform $45.00 to $34.00
2016-01-19 Downgrade Monness Crespi & Hardt Buy to Neutral
2016-01-12 Lower Price Target CIBC $45.00 to $35.00
2016-01-05 Lower Price Target Citigroup Inc. $45.00 to $39.00
2015-12-18 Lower Price Target Jefferies Group Buy $44.00 to $38.00
2015-12-14 Downgrade Raymond James Outperform to Market Perform $50.00 to $43.00
2015-11-30 Reiterated Rating Jefferies Group Buy $44.00
2015-11-24 Lower Price Target Cowen and Company Buy $52.00 to $50.00
2015-10-30 Lower Price Target RBC Capital Sector Perform $56.00 to $45.00
2015-10-30 Lower Price Target Monness Crespi & Hardt $66.00 to $48.00
2015-10-29 Reiterated Rating Scotiabank Sector Outperform $52.00 to $50.00
2015-10-27 Lower Price Target Raymond James Outperform $55.00 to $50.00
2015-10-19 Lower Price Target CIBC $46.00
2015-09-23 Reiterated Rating Jefferies Group Buy $44.00
2015-09-22 Lower Price Target TD Securities Buy $57.00 to $52.00
2015-09-21 Initiated Coverage Howard Weil Outperform
2015-09-21 Reiterated Rating Scotiabank Outperform
2015-09-14 Lower Price Target BMO Capital Markets Outperform $60.00 to $55.00
2015-09-09 Lower Price Target Cowen and Company Outperform $68.00 to $52.00
2015-08-19 Downgrade Raymond James Strong-Buy to Outperform $65.00 to $55.00
2015-08-06 Reiterated Rating Jefferies Group Buy $52.00
2015-08-03 Lower Price Target Citigroup Inc. Buy $63.00 to $57.00
2015-08-02 Reiterated Rating RBC Capital Hold
2015-07-31 Upgrade TD Securities Hold to Buy
2015-07-31 Lower Price Target RBC Capital Sector Perform $63.00 to $56.00
2015-07-28 Reiterated Rating Scotiabank Sector Outperform $60.00
2015-07-27 Upgrade Scotiabank Sector Perform to Outperform
2015-07-27 Upgrade Howard Weil Sector Perform to Outperform
2015-07-18 Lower Price Target CIBC Sector Performer $59.00 to $55.00
2015-07-07 Lower Price Target BMO Capital Markets Outperform $65.00 to $63.00
2015-05-13 Boost Price Target Jefferies Group Buy $60.00 to $70.00
2015-05-12 Reiterated Rating Cowen and Company Outperform $65.00 to $68.00
2015-05-09 Reiterated Rating TD Securities Outperform $60.00 to $61.00
2015-05-09 Reiterated Rating RBC Capital Sector Perform $57.00 to $63.00
2015-04-16 Downgrade Scotiabank Sector Outperform to Sector Perform $60.00
2015-04-10 Downgrade TD Securities Buy to Hold
2015-03-05 Upgrade Raymond James Outperform to Strong-Buy $60.00 to $70.00
2015-01-30 Lower Price Target Jefferies Group Buy $69.00 to $60.00
2015-01-29 Reiterated Rating Scotiabank Sector Outperform
2015-01-13 Upgrade CIBC Underperform to Sector Perform
2015-01-05 Lower Price Target Jefferies Group Buy $78.00 to $69.00
2015-01-05 Upgrade Scotiabank Sector Perform to Outperform
2014-12-31 Lower Price Target Monness Crespi & Hardt Buy $81.00 to $64.00
2014-12-16 Upgrade TD Securities Hold to Buy $69.00 to $60.00
2014-12-15 Downgrade Raymond James Strong-Buy to Outperform
2014-11-28 Reiterated Rating Scotiabank Sector Perform
2014-10-31 Reiterated Rating Citigroup Inc. Buy $79.00 to $71.00
2014-10-14 Reiterated Rating Jefferies Group Buy $84.00 to $78.00
2014-10-06 Reiterated Rating Citigroup Inc. Buy $82.00 to $79.00
2014-09-12 Reiterated Rating Scotiabank Sector Perform
2014-09-12 Initiated Coverage Citigroup Inc. Buy $82.00
2014-08-01 Boost Price Target RBC Capital $66.00 to $70.00
2014-08-01 Downgrade Scotiabank Outperform to Sector Perform
2014-07-31 Downgrade TD Securities Buy to Hold $69.00
2014-07-21 Reiterated Rating Scotiabank Sector Outperform
2014-07-14 Upgrade Raymond James Market Perform to Strong-Buy
2014-07-07 Lower Price Target Jefferies Group Buy $86.00 to $84.00
2014-06-24 Upgrade BMO Capital Markets Market Perform to Outperform $68.00 to $73.00
2014-06-18 Reiterated Rating Scotiabank Sector Outperform
2014-06-04 Reiterated Rating Scotiabank Sector Outperform
2014-05-22 Upgrade TD Securities Hold to Buy
2014-05-01 Lower Price Target TD Securities Hold C$72.00 to C$69.00
2014-04-30 Reiterated Rating Scotiabank Sector Outperform
2014-04-30 Downgrade Raymond James Outperform to Market Perform $85.00 to $75.00
2014-04-10 Initiated Coverage TD Securities Hold $72.00
2014-03-20 Reiterated Rating Jefferies Group Buy
2014-03-10 Downgrade BMO Capital Markets Outperform $85.00 to $72.00
2014-03-10 Boost Price Target Raymond James $72.00 to $85.00
2014-03-10 Boost Price Target Jefferies Group Buy $75.00 to $86.00
2014-02-27 Boost Price Target Cowen and Company $72.00 to $78.00
2014-01-31 Boost Price Target Monness Crespi & Hardt $70.00 to $81.00
2014-01-31 Boost Price Target Jefferies Group $70.00 to $75.00
2014-01-31 Boost Price Target RBC Capital Sector Perform $61.00 to $66.00
2014-01-30 Upgrade Scotiabank Sector Perform to Outperform
2013-12-20 Upgrade Raymond James Market Perform to Outperform $68.00
2013-12-02 Downgrade BMO Capital Markets Outperform to Market Perform $70.00 to $67.50
2013-11-26 Downgrade Raymond James Outperform to Market Perform $68.00
2013-11-22 Boost Price Target BMO Capital Markets Outperform $65.00 to $70.00
2013-11-15 Boost Price Target Monness Crespi & Hardt Buy $65.00 to $70.00
2013-11-01 Boost Price Target Monness Crespi & Hardt Buy $58.00 to $65.00
2013-11-01 Reiterated Rating Jefferies Group Buy $65.00
2013-10-11 Reiterated UBS Buy $52 to $59
2013-10-08 Boost Price Target Jefferies Group Buy $65.00
2013-09-27 Boost Price Target Monness Crespi & Hardt Buy $52.00 to $58.00
2013-09-20 Downgrade Scotiabank Outperform to Sector Perform
2013-09-13 Reiterated Cowen Outperform $51 to $58
2013-07-16 Reiterated BMO Capital Markets Outperform $47 to $51
2013-06-10 Initiated Monness Crespi & Hardt Buy $52
2012-07-11 Reiterated Dahlman Rose Buy $40 to $42
2010-07-07 Reiterated RBC Capital Mkts Outperform $30 to $29
2010-03-22 Reiterated RBC Capital Mkts Outperform $31 to $30
2010-02-02 Initiated Dahlman Rose Buy $30
2010-01-29 Upgrade BMO Capital Markets Market Perform to Outperform $28 to $26
2016-07-06 Reiterated Rating Jefferies Group Buy
2016-07-05 Upgrade CIBC Sector Perform to Outperform $37.00
2016-06-15 Reiterated Rating Jefferies Group Buy $41.00
2016-06-06 Reiterated Rating RBC Capital Sector Perform $48.50
2016-06-06 Reiterated Rating Royal Bank Of Canada Sector Perform $48.50

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks