Methanex Corporation produces and supplies methanol in North America, Asia Pacific, Europe, and South America. The company is headquartered in Vancouver, Canada.
| Revenue (TTM) | $3.67B |
| Gross Profit (TTM) | $907.60M |
| EBITDA | $714.18M |
| Operating Margin | 8.56% |
| Return on Equity | 0.63% |
| Return on Assets | 3.53% |
| Revenue/Share (TTM) | $48.87 |
| Book Value | $31.12 |
| Price-to-Book | 1.41 |
| Price-to-Sales (TTM) | 1.03 |
| EV/Revenue | 1.764 |
| EV/EBITDA | 8.91 |
| Quarterly Earnings Growth (YoY) | 78.10% |
| Quarterly Revenue Growth (YoY) | 8.60% |
| Shares Outstanding | $77.36M |
| Float | $74.23M |
| % Insiders | 6.06% |
| % Institutions | 79.72% |
Volatility is currently expanding
Methanex (MEOH) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
MEOH is boosting output with stronger gas supply, new assets and resilient methanol demand, positioning the company for long-term value and cash generation.
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.
MEOH will indefinitely idle its Titan methanol plant in Trinidad after failing to secure a new gas contract, while preserving restart optionality.
VANCOUVER, British Columbia, June 29, 2026 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX: MX) (Nasdaq: MEOH) announced today that it has been unable to agree to a new natural gas contract for its Titan methanol plant in Trinidad and Tobago (860,000 tonnes per year capacity) and, as a result, will begin the process of indefinitely idling the facility. Titan's existing natural gas contract expires in the third quarter of 2026. Methanex will undertake a preservation process at the Titan plant to provide optionality for a future restart should conditions materially improve. The Atlas methanol plant, a joint venture in which Methanex holds a 63.1% economic interest, remains indefinitely idled in a preserved state.
MEOH's shares have gained 19.8% in the past six months, supported by the global production network and contributions from newly acquired assets.
Here is how Methanex (MEOH) and Materion (MTRN) have performed compared to their sector so far this year.
Methanex is well-positioned to benefit from the supply disruptions due to the Middle East conflict, declining inventories, and low capacity additions in the sector. Management is prioritizing cash generation to reduce the debt levels, while maintaining the dividend payments. Completion of the Geismar 3 expansion and the OCI acquisition has expanded Methanex's low-cost production capacity, which will improve long-term earnings and margins.
MEOH shares surged 47.7% year to date, riding higher methanol prices amid Middle East supply disruptions, while OCI assets support stronger earnings.
Total Q2 earnings for the S&P 500 index are currently expected to be up +21.8% from the same period last year on +10.9% higher revenues, with 11 of the 16 Zacks sectors expected to enjoy positive earnings growth.
