Methanex (MEOH) Tops Q3 EPS by 3c

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Go back to Methanex (MEOH) Tops Q3 EPS by 3c

Methanex Reports Third Quarter 2022 Results

October 26, 2022 5:03 PM EDT

Except where otherwise noted, all currency amounts are stated in United States dollars.

Net income attributable to Methanex shareholders of $69 million and Adjusted EBITDA of $192 million.Geismar 3 ("G3") project progressing on time and on budget. First methanol production expected in the fourth quarter of 2023. The remaining capital of approximately $450 to $500 million is fully funded with cash on hand.Increased the quarterly dividend by 20% in July and announced the approval of a 5% share repurchase program in... More