Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities. The company owns and manages a fleet of approximately 30 ocean-going vessels. It serves chemical and petrochemical producers. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada.

Methanex Corporation

Methanex Corporation is the world’s largest producer and supplier of methanol to major international markets in North America, Asia Pacific, Europe and Latin America. Methanex is a Vancouver, Canada-based, publicly traded company with shares listed for trading on the Toronto Stock Exchange in Canada under the trading symbol "MX"​; on the NASDAQ Global Market in the United States under the trading symbol "MEOH"​.

Methanol, a liquid chemical produced primarily from natural gas, is used as a chemical feedstock in the manufacture of a range of consumer and industrial products, such as building materials, foams, resins, and plastics, as well as in the production of methyl tertiary-butyl ether; and energy applications.

Methanex can be visited online at http://www.methanex.com.

Happy Lunar New Year 2024! Wishing you peace, health and happiness in the Year of the Dragon! #YearOfTheDragon #LunarNewYear

Yesterday, we reported earnings results for Q4 2023. Highlights include Adjusted EBITDA of $148 million. Our Geismar 3 (G3) plant is in the start-up process, and we expect it to ramp up to full rates over February. G3 will have one of the lowest emission intensity profiles in the industry and will significantly enhance our cash flow capability at a range of methanol prices. 
 
Find the press release and earnings call playback here: https://lnkd.in/gBbFMH5W 

Last week, two of our team members spoke on separate panels at The Energy Chamber of Trinidad and Tobago Energy Conference 2024.

Paul Hexter, President of our Waterfront Shipping subsidiary, spoke about the role methanol can play in the energy transition of the maritime industry. Waterfront Shipping continues to play a leadership role in the maritime industry, pioneering the use of methanol as a marine fuel, including in the areas of transporting, storing, and bunkering safely.

Amrit Ramnanan, Maintenance Manager for our Trinidad plant site, spoke on a young leaders’ panel and highlighted Trinidad and Tobago’s ability to leverage methanol as a pathway to a low-carbon economy, especially given the country’s experience in the methanol industry for over 20 years. 

In Trinidad and Tobago, these discussions are important given the region’s burgeoning energy sector and its strategic geographic location for transshipment and logistics activities, as well as the strong support from its government to become a hub for bunkering methanol as a marine fuel.  

The conference is widely recognized and attended by over 1,100 delegates from the energy industry, including policymakers, service companies and academia. 

Methanol is essential to everyday life today, and a pathway to a low-carbon future tomorrow. As a key chemical building block or as a fuel, when made from renewable sources, methanol can help society achieve its decarbonization goals.
https://lnkd.in/gsirEQNU


We believe our business should have a positive impact on people’s lives. In addition to creating jobs and economic opportunities, we are committed to building and supporting healthy communities that are great places to live and work. That belief extends beyond our communities to our industry, too.

For example, in Trinidad and Tobago, we partnered with Caribbean Ideas Limited and the National Gas Company of Trinidad and Tobago to launch a sustainable education platform, Sustain-U. In Egypt, we signed a new agreement with the International Labour Organization (ILO) to invest USD $2 million in Damietta, Egypt, to support an additional 1,000 new jobs. In Chile, we made investments to improve infrastructure at three local schools for children with special needs.

For industry, our subsidiary, Waterfront Shipping, hosted its first expanded-scope Methanol Group safety and industry best practices event in 2023.

Learn more about our approach to social responsibility: https://lnkd.in/gJ6HmQGE
 

Metric
Company Name	Methanex Corporation
Symbol	MX
MSH ID	COM:METHANEX
Market	STOCKS
Sector	Basic Materials
Industry	Chemicals
Country	CA
Stage
Employee Count	1.45K
Website	methanex.com
LinkedIn	methanex-corporation
Founders

Metric
Market Cap	3.23B
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	3.72B
Revenue (LTM)
Revenue (NTM)
Gross Profit	655.40M
EBITDA	794.81M
Operating Income	263.57M
Net Income	174.14M
EPS	2.57
Diluted EPS	2.57
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.18
Operating Profit Margin	0.08
EBITDA Margin	0.21
Net Profit Margin	0.05
Return on Equity	0.10
Return on Assets	0.03
Return on Capital Employed	0.06

COM:METHANEX

Methanex Corporation

Last Close

63.57

22/11 21:00

Market Cap

4.57B

Beta: -

Volume Today

134.76K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	13.15
P/B Ratio	1.52
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	1.00
EV Multiple	1.32

Metric
Days Sales Outstanding	46.13
Days Payables Outstanding
Days Inventory Outstanding	56.08
Operating Cycle	113.67
Cash Conversion Cycle	103.08
Asset Turnover	0.58

Metric
Operating Cash Flow	660.27M
Free Cash Flow	211.82M
Cash Flow to Debt	0.22
Operating Cash Flow/Sales	0.18
Free Cash Flow Yield	0.05

Metric
Cash & Equivalents	458.01M
Accounts Receivable
Inventory	426.77M
Goodwill
Debt to Capitalization	0.61
Debt to Assets	0.47
Current Ratio	1.64
Quick Ratio	0.87

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.01
R&D to Revenue
SG&A to Revenue