Methanex (MEOH) Approves 9% Dividend Increase
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Methanex (MEOH) PT Raised to $40 at UBS; '1Q17 EBITDA In-Line, Medium-term Outlook Unchanged'
April 27, 2017 10:26 AM EDTUBS raised its price target on Methanex (NASDAQ: MEOH) to $40.00 (from $39.00) while maintaining a Sell rating, following the company's first quarter results.
Analyst John Roberts notes management faces energy price volaility and Asian supply/demand volaility resulting in price variations for Methanol, as the... More
Methanex (MEOH) Reports In-Line Q1 EPS
April 26, 2017 5:48 PM EDTMethanex (NASDAQ: MEOH) reported Q1 EPS of $1.56, in-line with the analyst estimate of $1.56. Revenue for the quarter came in at $810 million versus the consensus estimate of $817.42 million.
John Floren, President and CEO of Methanex, commented, "In what is proving to be a volatile methanol pricing environment, our average realized methanol price increased $87 per tonne in the quarter to $365 per tonne, which compares to $278 per tonne achieved in the fourth quarter of 2016. We achieved record sales volume for the fourth consecutive... More
