Methanex Corp T.MX

Alternate Symbol(s): MEOH

Chemicals Basic Materials

Methanex Corporation is a Canada-based producer and supplier of methanol to international markets. The Company supplies methanol to international markets in North America, Asia Pacific, Europe, and South America. Its operations consist of the production and sale of methanol, a commodity chemical. It operates production sites in Canada, Chile, Egypt, New Zealand, Trinidad and Tobago and the United States. It has three plants in New Zealand, Motunui 1, Motunui 2 and Waitara Valley. Its two plants in Geismar serve customers in methanol markets. It has two plants in Trinidad, Titan and Atlas that supplies methanol to various methanol markets. Its Chile production site supplies methanol to customers in South America and Asia Pacific, having two plants in Chile, Chile I and Chile IV. Its Egypt plant is located on the Mediterranean Sea and primarily supply methanol to the domestic and European market. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America.

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Methanex Corp > december methanol pricing

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Comment by MoneyKon Nov 27, 2020 10:24am

233 Views

Post# 31988513

RE:RE:RE:december methanol pricing

liljohnnyjoke wrote: Seems very expensive now?

Lost $1.15 in latest quarter

0.3% Divi

Seems alot of risk to the downside now at least near term

From the last investor presentation, most of their revenues is coming from China. Methanol prices for December increased from 310 to 350 for that region. At 350 (the long term average), Methanex could generate 1.05B of adjusted EBITDA per year. That could reflect in a SP around 70$-80$ if these prices are maintained.

IMO.

MoneyK

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