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Methanex Corp (MX.TO)

MX.TO on Toronto Stock Exchange

79.33CAD
23 Apr 2019
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Latest Key Developments (Source: Significant Developments)

M&G Investments Announces Four Director Nominees For Methanex Board
Monday, 25 Mar 2019 

March 25 (Reuters) - Methanex Corp ::M&G INVESTMENTS ANNOUNCES FOUR DIRECTOR NOMINEES FOR METHANEX BOARD.M&G INVESTMENTS - "PURSUING GEISMAR 3 WITHOUT A PARTNER INTRODUCES MATERIAL FINANCIAL RISK TO METHANEX SHAREHOLDERS".M&G INVESTMENTS SAYS OWN APPROXIMATELY 16.5% OF OUTSTANDING SHARES OF METHANEX.  Full Article

M&G Investment Management Says Will Nominate Directors To Methanex Board At 2019 Annual General Meeting
Monday, 18 Mar 2019 

March 18 (Reuters) - Methanex Corp ::M&G INVESTMENT MANAGEMENT - DELIVERED A LETTER TO BOARD OF METHANEX.M&G INVESTMENT-LETTER TO METHANEX EXPLAINS CONCERN ON FINANCIAL CONSEQUENCES ABOUT 3RD METHANOL PRODUCTION PLANT IN GEISMAR WITHOUT PARTNER PARTICIPATION.M&G INVESTMENT MANAGEMENT - PREPARING TO NOMINATE DIRECTORS TO METHANEX BOARD AT 2019 ANNUAL GENERAL MEETING - SEC FILING.M&G INVESTMENT MANAGEMENT REPORTS 16.49 PERCENT STAKE IN METHANEX CORP AS OF 18 MARCH 2019.  Full Article

Methanex Q2 Adjusted Earnings Per Share $1.75
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Methanex Corp ::METHANEX REPORTS SECOND QUARTER 2018 EARNINGS.Q2 ADJUSTED EARNINGS PER SHARE $1.75.Q2 EARNINGS PER SHARE VIEW $1.79 -- THOMSON REUTERS I/B/E/S.Q2 EARNINGS PER SHARE $1.36.QTRLY REVENUE $950 MILLION VERSUS $669 MILLION.Q2 REVENUE VIEW $865.4 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Methanex Reports Q1 Adjusted Earnings Per Share Of $2.03
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Methanex Corp ::METHANEX REPORTS RECORD FIRST QUARTER 2018 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $2.03.Q1 EARNINGS PER SHARE VIEW $2.21 -- THOMSON REUTERS I/B/E/S.Q1 EARNINGS PER SHARE $2.00.RESTART OF OUR CHILE IV PLANT IS GOING WELL AND WE EXPECT TO COMPLETE PROJECT IN Q3 2018.QTRLY PRODUCTION ATTRIBUTABLE TO METHANEX SHAREHOLDERS 1.9 MILLION TONNES VERSUS 1.9 MILLION TONNES REPORTED LAST YEAR.QTRLY REVENUE $962 MILLION VERSUS $810 MILLION REPORTED LAST YEAR.QTRLY ADJUSTED REVENUE $987 MILLION VERSUS $832 MILLION REPORTED LAST YEAR.QTRLY SALES VOLUME OF METHANEX-PRODUCED METHANOL 1.9 MILLION TONNES VERSUS 1.8 MILLION TONNES LAST YEAR.QTRLY AVERAGE REALIZED METHANOL PRICE INCREASED TO $402 PER TONNE COMPARED TO $350 PER TONNE IN Q4 OF 2017.  Full Article

Methanex Announces 10 Pct Share Repurchase Program
Monday, 5 Mar 2018 

March 5 (Reuters) - Methanex Corp ::METHANEX ANNOUNCES A 10% SHARE REPURCHASE PROGRAM.METHANEX CORP - BOARD APPROVED A NORMAL COURSE ISSUER BID WHEREBY CO TO BUY FOR CANCELLATION UP TO 6.6 MILLION COMMON SHARES.METHANEX CORP - PURCHASES UNDER NCIB WILL COMMENCE ON MARCH 13, 2018 AND END NO LATER THAN MARCH 12, 2019.  Full Article

Methanex Announces 10 Pct Dividend Increase
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Methanex Corp ::METHANEX ANNOUNCES A 10 PCT DIVIDEND INCREASE AND ITS INTENTION TO INITIATE A NEW 10 PCT SHARE REPURCHASE PROGRAM.SETS QUARTERLY DIVIDEND OF $0.33 PER SHARE.ALSO ANNOUNCED ITS INTENTION TO INITIATE A NEW 10% NORMAL COURSE ISSUER BID IN MARCH 2018.  Full Article

Methanex Reports Q4 Adjusted Earnings Per Share $1.70
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Methanex Corp ::METHANEX REPORTS HIGHER FOURTH QUARTER 2017 RESULTS AND INCREASES DIVIDEND BY 10%.Q4 ADJUSTED EARNINGS PER SHARE $1.70.Q4 EARNINGS PER SHARE VIEW $1.09 -- THOMSON REUTERS I/B/E/S.METHANEX - EXCLUDED FROM ADJUSTED NET INCOME IN QUARTER, HAD $37 MILLION NON-CASH CHARGE IN REVALUATION OF NET DEFERRED TAX ASSET DUE TO TAX REFORM IN U.S..QTRLY REVENUE $861 MILLION VERSUS $585 MLN‍​.QTRLY EARNINGS PER SHARE $0.81.  Full Article

Methanex Reaches Agreement For Additional Natural Gas Supply
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Methanex Corp ::METHANEX REACHES AGREEMENT FOR ADDITIONAL NATURAL GAS SUPPLY TO ITS CHILE OPERATIONS.METHANEX CORP - ‍IT HAS REACHED AGREEMENT WITH EMPRESA NACIONAL DEL PETRÓLEO FOR ADDITIONAL GAS SUPPLY TO ITS CHILE OPERATIONS THROUGH DEC. 31, 2019​.METHANEX CORP - ‍"WE ARE NOW FULLY COMMITTED TO RESTART OF CHILE IV FACILITY WHICH IS TARGETED FOR Q3 OF 2018"​.  Full Article

Methanex reports Q3 adjusted earnings per share $0.60
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Methanex Corp :Methanex reports third quarter 2017 earnings.Q3 adjusted earnings per share $0.60.Q3 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.Q3 earnings per share $0.38.Methanex Corp qtrly ‍revenue $720​ million versus $510 million.Methanex Corp - qtrly ‍production attributable to Methanex shareholders 1.8 million tonnes versus 1.7 million tonnes​.  Full Article

Methanex reports Q2 earnings per share $0.89
Wednesday, 26 Jul 2017 

July 26 (Reuters) - Methanex Corp :Methanex reports second quarter 2017 earnings.Q2 adjusted earnings per share $0.85.Q2 earnings per share view $1.05 -- Thomson Reuters I/B/E/S.Q2 earnings per share $0.89.Methanex Corp - Q2 revenue $669 million versus $468 million.Methanex Corp - Total sales volume for Q2 of 2017 was 2,474,000 tonnes compared with 2,572,000 tonnes for Q1 of 2017.Methanex Corp - Sales of Methanex-produced methanol were 1,790,000 tonnes in Q2 of 2017 compared with 1,756,000 tonnes in Q1 of 2017.Methanex - Average realized methanol price decreased $38 per tonne in quarter to $327 per tonne, which compares to $365 per tonne realized in Q1 of 2017.Methanex - Planned capex directed towards maintenance, turnarounds, catalyst changes for operations, estimated at about $40 million to end of 2017.Methanex Corp Q2 adjusted revenue $716 million versus $496 million.Q2 revenue view $758.9 million -- Thomson Reuters I/B/E/S.  Full Article

Methanex settles with M&G Investments, offers board seats

NEW YORK, April 12 Methanex Corp, the world's largest methanol producer, said on Friday that it had reached a settlement with M&G Investments in which the Canadian company handed two board seats to its biggest investor.