Are Basic Materials Stocks Lagging Methanex (MEOH) This Year?
Here is how Methanex (MEOH) and Materion (MTRN) have performed compared to their sector so far this year.
Here is how Methanex (MEOH) and Materion (MTRN) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
VANCOUVER, British Columbia, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX: MX) (Nasdaq: MEOH) announced today that it has issued a notice of partial redemption for US$300 million of its outstanding 5.125% senior notes due October 15, 2027. The redemption date is October 19, 2026.
Engineers Gate Manager LP grew its position in shares of Methanex Corporation (NASDAQ: MEOH) (TSE: MX) by 482.8% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 75,384 shares of the specialty chemicals company's stock after purchasing an additional
Methanex gains from expanded North American capacity and OCI integration, but gas constraints, weak demand and Middle East conflict cloud near-term visibility.
Methanex has transformed into a more durable, cash-generating entity by acquiring OCI Global's methanol business and idling structurally disadvantaged facilities. MEOH's North American production focus, global logistics network, and reliable supply provide a competitive advantage amid global supply disruptions and tightening methanol markets. The company trades at steep valuation discounts (P/E 6.98, EV/EBITDA 4.74, P/CF 3.25) despite improved asset quality, liquidity, and cash flow predictability.
BlackRock Inc. acquired a new position in Methanex Corporation (NASDAQ: MEOH) (TSE: MX) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 566,722 shares of the specialty chemicals company's stock, valued at approximately $26,154,000. BlackRock Inc. owned about 0.73% of Methanex
MEOH will idle its New Zealand production facilities in 2027 after selling gas entitlements amid declining domestic supply.
Vancouver-based methanol producer Methanex Corporation said on Tuesday it would sell "substantially" all of its New Zealand natural gas contractual entitlements from the first quarter of 2027.
VANCOUVER, British Columbia, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX: MX) (Nasdaq: MEOH) announced today that it has entered into an agreement to sell substantially all of its New Zealand natural gas contractual entitlements commencing in the first quarter of 2027 and continuing through the end of the decade when such entitlements expire.
Methanex's Natgasoline bond refinancing defers mandatory amortization, boosting cash-flow flexibility as third-quarter EBITDA is expected to fall.
VANCOUVER, British Columbia, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX: MX) (Nasdaq: MEOH) announced today that Natgasoline LLC, a joint venture with Consolidated Energy Limited in which Methanex holds a 50% equity interest, has priced the issuance of tax-exempt bonds by Mission Economic Development Corporation with a principal amount of $290,950,000 (the “2026 Bonds”), a mandatory tender date of August 1, 2036, and a final maturity date of August 1, 2046. The proceeds of the issuance will be loaned to Natgasoline LLC and used to repay the existing $290,950,000 Natgasoline municipal bonds issued in 2018, which mature in 2031 (the ”2018 Bonds”). The coupon rate on the 2026 Bonds was set at 4.75%. Closing of the bond offering is expected to occur on or about August 28, 2026, subject to customary closing conditions. The 2018 Bonds were subject to a semi-annual amortization through a sinking fund redemption initiated on October 1, 2025.
On August 05, 2026, Methanex Corp (MEOH) shares fell 3.0% to $51.93, continuing a downward trend seen over the past week where shares have decreased by 5.0%. Th
The average of price targets set by Wall Street analysts indicates a potential upside of 30.9% in Methanex (MEOH). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Methanex NASDAQ: MEOH reported second-quarter 2026 adjusted EBITDA of $577 million and adjusted net income of $300 million, supported by higher methanol prices and strong production from its North American operations.
MEOH posted sharply higher Q2 earnings and revenue on stronger methanol prices and acquired assets, but both missed estimates.
Methanex (MEOH) came out with quarterly earnings of $3.87 per share, missing the Zacks Consensus Estimate of $4 per share. This compares to earnings of $0.97 per share a year ago.
Although the revenue and EPS for Methanex (MEOH) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Except where otherwise noted, all currency amounts are stated in United States dollars. Financial and Production Highlights Net income attributable to Methanex shareholders of $198 million, Adjusted EBITDA of $577 million, and Adjusted net income of $300 million in the second quarter.
A recovery in end-market demand and self-help measures, including cost cuts and productivity gains, position CC, MEOH, AVNT and DD to beat Q2 earnings estimates.