Methanex Reports First Quarter 2019 Results and Increases Dividend by 9%
Methanex Corporation (MEOH)
Last methanex corporation earnings: 1/29 05:01 pm
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methanex.com/investor-relations
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Source: GlobeNewswire
VANCOUVER, British Columbia, April 24, 2019 (GLOBE NEWSWIRE) -- For the first quarter of 2019, Methanex (TSX:MX) (NASDAQ:MEOH) reported net income attributable to Methanex shareholders of $38 million ($0.50 per common share on a diluted basis) compared to net income of $161 million ($1.68 per common share on a diluted basis) in the fourth quarter of 2018. Adjusted EBITDA for the first quarter of 2019 was $194 million and Adjusted net income was $56 million ($0.73 per common share). These results include the impact of IFRS 16, a substantial change to lease accounting standards. Excluding the impact of IFRS 16, Adjusted EBITDA would have been $166 million in the first quarter of 2019. This compares with Adjusted EBITDA of $197 million and Adjusted net income of $90 million ($1.15 per common share) for the fourth quarter of 2018. John Floren, President and CEO of Methanex, commented, "The lower Adjusted EBITDA and earnings in the first quarter primarily reflects lower average realiz
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News
- Methanex Co. (NASDAQ: MEOH) had its price target raised by analysts at UBS Group AG from $59.00 to $62.00. They now have a "buy" rating on the stock.MarketBeat
- Methanex's (MEOH) Q1 Earnings & Revenues Surpass Estimates [Yahoo! Finance]Yahoo! Finance
- Methanex Corporation – Notice of Cash DividendGlobeNewswire
- Methanex Renews and Adds New Tranche to Revolving Credit Facility [Yahoo! Finance]Yahoo! Finance
- Methanex Reports Higher First Quarter 2024 Earnings as Methanol Prices Increase [Financial Post (Toronto, Ontario, Canada)]Financial Post
MEOH
Earnings
- 4/24/24 - Beat
MEOH
Sec Filings
- 4/25/24 - Form 6-K
- 4/24/24 - Form 6-K
- 4/24/24 - Form 6-K
- MEOH's page on the SEC website