Methanex Reports Third Quarter 2024 Results
Methanex Corporation (MEOH)
Last methanex corporation earnings: 1/29 05:01 pm
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US:NASDAQ Investor Relations:
methanex.com/investor-relations
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Source: GlobeNewswire
Except where otherwise noted, all currency amounts are stated in United States dollars. Financial and Production Highlights Net income attributable to Methanex shareholders of $31 million and Adjusted EBITDA of $216 million in the third quarter. Our average realized price in the third quarter was $356 per tonne compared to $352 per tonne in the second quarter of 2024.Announced the signing of a definitive agreement to acquire OCI Global's international methanol business for approximately $2.05 billion, including OCI’s interest in two world class methanol facilities in Beaumont, Texas. The transaction is expected to close in the first half of 2025.Geismar 3 ("G3") produced first methanol in July 2024 and has since passed its commercial and technical performance tests. During the third quarter, as the plant was being brought to full rates, two separate shutdowns were taken to calibrate the newly commissioned equipment to ensure reliability of plant operations at sustained full rates, w
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News
- Here's Why Methanex (MEOH) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
- Methanex's Earnings and Revenues Surpass Estimates in Q3 [Yahoo! Finance]Yahoo! Finance
- OCI Global Q3 2024 Trading Update [Yahoo! Finance]Yahoo! Finance
- Methanex Co. (NASDAQ: MEOH) had its price target raised by analysts at Barclays PLC from $44.00 to $46.00. They now have an "equal weight" rating on the stock.MarketBeat
- Methanex Co. (NASDAQ: MEOH) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
MEOH
Earnings
- 11/6/24 - Beat
MEOH
Sec Filings
- 11/12/24 - Form SC
- 11/6/24 - Form 6-K
- 11/1/24 - Form SC
- MEOH's page on the SEC website