Core Viewpoint - The Schall Law Firm is investigating Methanex Corporation for potential violations of securities laws related to misleading statements and undisclosed information impacting investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Methanex issued false or misleading statements or failed to disclose critical information to investors [2]. - Methanex announced an unplanned outage at its 1.8 million tonne methanol plant, Geismar 3, in Louisiana, which occurred in late February 2025 [2]. - Following the announcement, Methanex's shares dropped by 12.9% on March 10, 2025, due to analyst downgrades [2]. Group 2: Company Background - Methanex Corporation is a significant player in the methanol production industry, with a notable facility in Geismar, Louisiana [2]. - The company is currently working on repairs to the autothermal reformer (ATR) at the affected plant, with an estimated startup date projected for early May 2025 [2].

Core Viewpoint - Methanex Corporation is under investigation for potential securities fraud and unlawful business practices following an unplanned outage at its Geismar 3 methanol plant, which has led to a significant stock price decline [1][2][3]. Group 1: Company Operations - Methanex announced that its Geismar 3 methanol plant in Louisiana experienced an unplanned outage in late February 2025, prompting management to undertake repairs to the autothermal reformer (ATR) [2]. - The company estimates that the plant will restart by early May 2025 after completing various inspections and repairs [2]. Group 2: Market Reaction - Following the announcement of the outage, Methanex's stock price fell by $5.45 per share, representing a 12.9% decrease, closing at $36.80 per share on March 10, 2025 [3]. - Scotiabank downgraded Methanex's stock rating from Sector Outperform to Sector Perform in response to the outage news [2]. Group 3: Legal Investigation - Pomerantz LLP is investigating claims on behalf of Methanex investors regarding possible securities fraud or other unlawful business practices by the company and its officers or directors [1].

Core Insights - Methanex Corporation's Geismar 3 plant experienced an unplanned outage in late February, impacting second-quarter financial results due to lower methanol sales, although repair costs are not expected to be significant [1] - The plant is projected to restart by early May 2025 after inspections and repairs, with planned maintenance work being expedited [2] - Methanex's production guidance for 2025 is approximately 7.5 million tons, excluding additional production from OCI assets post-acquisition [3] Financial Performance - A significant increase in adjusted EBITDA is anticipated in the first quarter of 2025 compared to the fourth quarter, with produced sales expected to align with fourth quarter 2024 levels and a higher average realized price [4] - The expected average realized price for methanol is projected to be between $395 to $405 per ton for January and February [4] Market Position - Methanex currently holds a Zacks Rank of 3 (Hold), while competitors such as Ingevity Corporation, Carpenter Technology Corporation, and ArcelorMittal have higher rankings [5] - Ingevity has a current-year earnings estimate of $4.45 per share, with a notable earnings surprise average of 202.9% over the past four quarters [6] - Carpenter Technology's earnings estimate is $6.95 per share, with a consistent record of beating estimates and a share price increase of 168.7% in the past year [7] - ArcelorMittal's earnings estimate stands at $3.72 per share, with a mixed record of surpassing estimates [8]

Core Viewpoint - Methanex Corporation's Geismar 3 methanol plant in Louisiana experienced an unplanned outage, with repairs expected to be completed by early May 2025, impacting second quarter financial results due to lower methanol sales [1][2]. Group 1: Plant Operations - The Geismar 3 plant has a production capacity of 1.8 million tonnes of methanol [1]. - Management has decided to repair the autothermal reformer (ATR) during the outage, which will allow for the completion of other planned maintenance work [2]. - The outage is anticipated to primarily affect the second quarter financial results due to reduced methanol sales [2]. Group 2: Financial Impact - The cost of repairs is not expected to be material, indicating that the financial burden from the outage may be limited [2]. - The previously budgeted three-week outage for planned maintenance is no longer expected to be required, suggesting potential operational efficiencies [2]. Group 3: Company Overview - Methanex is the world's largest supplier of methanol and is publicly traded on the Toronto Stock Exchange and Nasdaq [3]. - The company is headquartered in Vancouver, British Columbia, and operates globally [3].

ethanex Annual Report TABLE OF CONTENTS | 2 | 2024 Financial Highlights | | --- | --- | | 3 | President's Message to Shareholders | | 5 | Chair's Message to Shareholders | | 6 | Management's Discussion and Analysis | | 49 | Consolidated | | | Financial Statements | | 54 | Notes to Consolidated | | | Financial Statements | Methanex Corporation is the world's largest producer and supplier of methanol and serves customers in Asia Pacific, North America, Europe and South America. Our methanol production sites a ...

Core Insights - Methanex's Q4 2024 earnings report showed a net income of $45 million, or 67 cents per share, an increase from $33 million, or 50 cents per share, in the prior year [2] - Adjusted earnings per share rose to $1.24 from 52 cents year-over-year, surpassing the Zacks Consensus Estimate of $1.01 [2] - Net sales for Q4 were $949 million, missing the Zacks Consensus Estimate of $1,023.7 million, but showing a 3% growth from the previous year [3] Financial Performance - Adjusted EBITDA for the quarter increased by 105.7% year-over-year to $216 million [3] - Production in Q4 was 1,868,000 tons, up approximately 5% year-over-year, driven by higher output in Chile, New Zealand, Geismar, and Egypt [4] - The average realized price per ton of methanol rose to $370, compared to $356 in the previous quarter and $322 in the year-ago quarter, attributed to stable global demand amid tight market conditions [5] Full Year Results - For FY24, net sales were $3,720 million, slightly down from $3,723 million in FY23, while adjusted earnings per share increased to $3.72 from $2.25 [6] - Methanex returned $50 million to shareholders through dividends and repaid a $300 million bond due in December with operational cash flows [7] - The company ended the year with $892 million in cash and reported an operating cash flow of $281 million in Q4 [7] Future Outlook - Methanex's production guidance for 2025 is approximately 7.5 million tons, excluding additional production from OCI assets [8] - In Q1 2025, significantly higher adjusted EBITDA is expected compared to Q4 2024, with produced sales anticipated to be near Q4 levels and a higher average realized price projected between $395 to $405 per ton for January and February [9] - Estimates for the stock have trended upward, with a consensus estimate shift of 17.02% in the past month [10] Investment Metrics - Methanex currently holds a strong Growth Score of A, a Momentum Score of A, and a Value Score of A, placing it in the top quintile for investment strategies [11] - The stock has an aggregate VGM Score of A, indicating strong overall performance across multiple investment strategies [11] - Methanex has a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the coming months [12]

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Methanex (MEOH) being highlighted as a strong candidate due to its favorable growth metrics and Zacks Rank [1][2]. Group 1: Earnings Growth - Methanex has a historical EPS growth rate of 16.1%, with projected EPS growth for the current year also at 16.1%, significantly outperforming the industry average of 7.8% [4]. Group 2: Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 17%, which is notably higher than the industry average of -2.6% [5]. - Over the past 3-5 years, Methanex's annualized cash flow growth rate has been 9%, compared to the industry average of -3.9% [6]. Group 3: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Methanex, with the Zacks Consensus Estimate for the current year increasing by 7.3% over the past month [7]. Group 4: Overall Assessment - Methanex has achieved a Growth Score of A and holds a Zacks Rank 2, indicating it is a potential outperformer and a solid choice for growth investors [9].

Core Viewpoint - Methanex (MEOH) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system reflects changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for Methanex suggest an improvement in the company's underlying business, likely leading to increased stock prices [5]. Recent Earnings Estimate Revisions - For the fiscal year ending December 2025, Methanex is expected to earn $4.32 per share, representing a 16.1% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Methanex has risen by 14.1% [8]. Zacks Rank System - The Zacks Rank system classifies stocks based on earnings estimates, with only the top 20% of stocks receiving a 'Strong Buy' or 'Buy' rating, indicating superior earnings estimate revisions [9][10]. - Methanex's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

Company Overview - Methanex is the world's largest supplier of methanol, serving North America, Asia-Pacific, Europe, and Latin America [11] - Approximately two-thirds of methanol demand is for traditional chemical derivatives, while one-third is for energy-related applications [11] Investment Ratings - Methanex holds a Zacks Rank of 2 (Buy) and has a VGM Score of A, indicating strong potential for growth [12] - The company is particularly appealing for growth investors, with a Growth Style Score of A and a forecasted year-over-year earnings growth of 16.1% for the current fiscal year [12] Earnings Estimates - In the last 60 days, four analysts have revised their earnings estimates upwards, increasing the Zacks Consensus Estimate by $0.49 to $4.32 per share [12] - Methanex has an average earnings surprise of 85.2%, suggesting strong performance relative to expectations [12] Conclusion - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Methanex is recommended for investors' consideration [13]

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill their growth potential is challenging due to associated risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - Methanex (MEOH) is currently highlighted as a recommended growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth seen as indicative of strong future prospects [4] - Methanex has a historical EPS growth rate of 16.1%, with projected EPS growth of 12.8% this year, surpassing the industry average of 8.7% [5] Group 3: Cash Flow Growth - Higher-than-average cash flow growth is essential for growth-oriented companies, allowing them to expand without relying on external funding [6] - Methanex's year-over-year cash flow growth stands at 17%, significantly higher than the industry average of -2.6% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 9%, compared to the industry average of -3.3% [7] Group 4: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [8] - Methanex's current-year earnings estimates have been revised upward, with the Zacks Consensus Estimate increasing by 9.7% over the past month [9] Group 5: Overall Positioning - Methanex has achieved a Growth Score of A and a Zacks Rank 2 due to positive earnings estimate revisions, positioning it well for potential outperformance [11]