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Methanex Corporation Receives Regulatory Approval for the Acquisition of OCI Global’s Methanol Business
Globenewswire· 2025-06-12 12:00
VANCOUVER, British Columbia, June 12, 2025 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (Nasdaq:MEOH) announced today that the regulatory review period under the U.S. Hart-Scott-Rodino Antitrust Act has lapsed. Accordingly, all regulatory approvals required for Methanex to close its previously announced acquisition of OCI Global’s international methanol business have been obtained. The transaction is expected to close on June 27, 2025, and remains subject to the satisfaction of customary closing condit ...
Magnachip Semiconductor Upgraded To Buy
Seeking Alpha· 2025-05-18 14:00
Core Viewpoint - Magnachip Semiconductor Corp (NYSE: MX) was previously rated as a sell opportunity at $5.60 per share, but is now considered a buy at approximately $3.45 per share [1]. Company Summary - The company has seen a significant price drop from the previous rating, indicating a potential turnaround opportunity for investors [1]. - The current stock price of $3.45 suggests a favorable entry point for retail value investors looking to take calculated risks [1]. Analyst Background - The analyst has extensive experience in teaching and consulting, with a background in business and political activism, which may provide valuable insights into market trends [1]. - The analyst co-manages an investment firm and has a history of founding and managing businesses, indicating a strong understanding of the investment landscape [1].
MagnaChip(MX) - 2025 Q1 - Earnings Call Presentation
2025-05-12 22:46
Magnachip Semiconductor (NYSE: MX) Q1 2025 Earnings Materials May 12, 2025 1 Forward-Looking Statements Information in this presentation regarding Magnachip's forecasts, business outlook, expectations and beliefs are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. All forward-looking statements included or incorporated by reference in this presentation, including expectations about estimated historical or future oper ...
MagnaChip(MX) - 2025 Q1 - Earnings Call Transcript
2025-05-12 22:02
Magnachip Semiconductor (MX) Q1 2025 Earnings Call May 12, 2025 05:00 PM ET Company Participants Steven Pelayo - Managing DirectorYoung-Joon Kim - CEO, Director & Member of the Risk CommitteeShin Young Park - CFO & Chief Accounting OfficerNick Doyle - Vice President Conference Call Participants Suji Desilva - MD & Senior Research Analyst Operator everyone, and thank you for standing by. Welcome to the MagnaChip Semiconductor First Quarter twenty twenty five Earnings Conference Call. At this time, all partic ...
MagnaChip(MX) - 2025 Q1 - Earnings Call Transcript
2025-05-12 22:00
Magnachip Semiconductor (MX) Q1 2025 Earnings Call May 12, 2025 05:00 PM ET Speaker0 everyone, and thank you for standing by. Welcome to the MagnaChip Semiconductor First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please note that today's conference is being recorded. I will now hand the conference over to your speaker host, Damon Palle of Investor Relations. Ple ...
MagnaChip(MX) - 2025 Q1 - Quarterly Report
2025-05-12 20:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-34791 Magnachip Semiconductor Corporation (Exact name of registrant as specified in its charter) Delaware 83-0406195 (State or other jur ...
MagnaChip(MX) - 2025 Q1 - Quarterly Results
2025-05-12 20:20
Exhibit 99.1 SEOUL, South Korea, May 12, 2025 – Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced financial results for the first quarter 2025. YJ Kim, Magnachip's CEO, said, "We delivered our fourth consecutive quarter of year-over-year growth from continuing operations, fueled by strong design-wins and momentum in Power Analog Solutions (PAS) and Power IC (PIC). In Q1 alone, we released 27 new-generation PAS products that are fully qualified and ready for commer ...
Methanex Reports on Annual General Meeting of Shareholders
Globenewswire· 2025-05-01 22:40
VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (Nasdaq:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held on May 1, 2025 in Vancouver, British Columbia. Voting Results from Annual General Meeting A total of 55,396,544 common shares were voted at the meeting, representing 82.2% of all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including ...
Methanex Announces the Successful Restart of Geismar 3
Globenewswire· 2025-05-01 11:35
VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (Nasdaq:MEOH) announced today that its 1.8 million tonne methanol plant, Geismar 3 (G3), in Geismar, Louisiana has successfully restarted and begun producing methanol following an unplanned outage in late February. Methanex is a Vancouver-based, publicly traded company and is the world’s largest supplier of methanol globally. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the tra ...
Methanex Reports Higher Produced Sales and Adjusted EBITDA in First Quarter 2025
Globenewswire· 2025-04-30 21:00
VANCOUVER, British Columbia, April 30, 2025 (GLOBE NEWSWIRE) -- Except where otherwise noted, all currency amounts are stated in United States dollars. Financial and Production Highlights Net income attributable to Methanex shareholders of $111 million and Adjusted EBITDA of $248 million in the first quarter. Our average realized price in the first quarter was $404 per tonne compared to $370 per tonne in the fourth quarter of 2024.Production in the first quarter was 1,619,000 tonnes compared to 1,868,000 to ...