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Methanex Corporation Appoints Don Marchand To Its Board Of Directors
Globenewswire· 2025-11-25 22:00
VANCOUVER, British Columbia, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX: MX) (Nasdaq: MEOH) is pleased to announce the appointment of Don Marchand to its Board of Directors effective December 1, 2025. With a career spanning nearly four decades in finance and energy infrastructure, Mr. Marchand brings extensive expertise in financial leadership and corporate strategy. From 1994 onward, he held positions of increasing responsibility in finance at TC Energy (formerly TransCanada Corporation), ...
Methanex to Report Q3 Earnings: What's in the Cards for the Stock?
ZACKS· 2025-10-28 13:21
Core Insights - Methanex Corporation (MEOH) is scheduled to release its third-quarter 2025 results on October 29, with expectations of benefiting from higher methanol volumes despite facing challenges from lower prices [1][7] - The company has consistently surpassed the Zacks Consensus Estimate in the past four quarters, averaging an earnings surprise of approximately 83.2%, with a notable 130.9% surprise in the last quarter [1] Revenue Estimates - The Zacks Consensus Estimate for Methanex's third-quarter consolidated revenues is currently $974 million, reflecting a year-over-year increase of 4.2% [4] Performance Factors - Methanex's third-quarter performance is anticipated to be positively influenced by increased methanol sales volumes, driven by a 4% rise in global methanol demand in the second quarter, particularly in China [5] - However, weaker methanol prices are expected to negatively impact the company's results, with the average realized price for methanol projected to decline to $345 per ton, a 3% year-over-year decrease from the previous quarter's $374 per ton [8] Earnings Prediction - The current model does not predict a definitive earnings beat for Methanex this quarter, as it holds a Zacks Rank of 5 (Strong Sell), despite an Earnings ESP of +22.53% [9][10]
Methanex to Webcast Investor Day on November 13, 2025
Globenewswire· 2025-10-21 21:00
Core Points - Methanex Corporation will host an Investor Day on November 13, 2025, in Toronto at 12:30 PM Eastern Time [1] - The event will feature a business update from Methanex's executive leadership team followed by a live Q&A session [1] - A live webcast of the presentations and Q&A will be available on the company's website and can be replayed after the event [2] Company Information - Methanex is the world's largest supplier of methanol and is based in Vancouver, Canada [3] - The company's shares are traded on the Toronto Stock Exchange under the symbol "MX" and on the Nasdaq under "MEOH" [3] - Additional information about Methanex can be found on their official website [3]
Methanex Expands Methanol Bunkering Ops Via Partnerships
ZACKS· 2025-09-29 13:01
Core Insights - Methanex Corporation (MEOH) has announced new strategic partnerships to expand methanol bunkering operations in the ARA region and South Korea [1][4]. Group 1: Partnerships and Collaborations - The company is collaborating with TankMatch in the ARA region for barge-to-ship methanol bunkering, building on a prior arrangement between OCI Global and UniBarge [2]. - In South Korea, Methanex is partnering with Alpha Maritime and Hyodong Shipping to facilitate last-mile bunkering operations [2]. Group 2: Strategic Importance - These partnerships enhance Methanex's role in the marine energy transition, enabling safe and reliable methanol fueling in two of the world's busiest trade corridors [3]. - The company leverages its expertise in local bunkering operations and a reliable global supply chain to provide a fully integrated methanol fuel solution [3]. Group 3: Safety and Compliance - Methanex has developed a comprehensive safety package and technical guidance for bunkering operators and shipping companies, utilizing its experience with methanol-fueled tankers through its subsidiary, Waterfront Shipping [3]. - As demand for low-carbon methanol increases, Methanex is expanding its logistics and supply chain to meet regulatory requirements and ensure high shipping standards [4]. Group 4: Market Performance - MEOH's shares have decreased by 2% over the past year, contrasting with the industry's decline of 27.3% [4]. - The company currently holds a Zacks Rank 1 (Strong Buy), indicating positive market sentiment [5].
3 Diversified Chemical Stocks to Watch Amid Demand Worries
ZACKS· 2025-09-11 14:21
Industry Overview - The Zacks Chemicals Diversified industry is facing headwinds due to demand weakness in key markets such as consumer durables and building & construction, exacerbated by inflationary pressures in Europe and a slow recovery in China [1][4][5] - The industry includes manufacturers of basic chemicals, plastics, specialty chemicals, and agricultural chemicals, serving various end markets like automotive, construction, and electronics [3] Demand Challenges - Demand weakness is particularly pronounced in the building & construction and consumer electronics markets, with elevated borrowing costs and inflation impacting residential construction and consumer behavior [4] - In China, a slower economic recovery and a weak real estate market are contributing to reduced chemical demand, while Europe is experiencing similar challenges due to high inflation and the ongoing Russia-Ukraine war [5] Strategic Responses - Companies like DuPont, Albemarle, and Methanex are implementing strategic measures such as cost-cutting, productivity improvements, and aggressive price hikes to navigate the challenging environment [2][6] - These actions aim to sustain margins amid rising costs and demand challenges [6] Industry Performance - The Zacks Chemicals Diversified industry has underperformed the S&P 500 and the broader Zacks Basic Materials sector, losing 21% over the past year compared to the S&P 500's gain of 18.4% [9] - The industry's current valuation, based on the trailing 12-month EV/EBITDA ratio, is 19.29X, which is below the S&P 500's 23.02X but above the sector's 16.31X [12] Company Highlights - **Methanex Corporation (MEOH)**: The world's largest supplier of methanol, benefiting from healthy demand and strategic acquisitions to enhance production capacity and shareholder returns [17][18] - **DuPont de Nemours, Inc. (DD)**: Focused on innovation and growth in high-demand markets, with a projected earnings growth rate of around 7.9% for 2025 and ongoing cost synergy initiatives [20][22] - **Albemarle Corporation (ALB)**: Positioned to capitalize on the growing battery-grade lithium market, with expected earnings growth of 20.9% for 2025 and strategic investments in high-return projects [23][25]
X @BBC News (World)
BBC News (World)· 2025-08-18 05:04
I saw a kaleidoscopic light before going blind, says survivor of Laos methanol poisoning https://t.co/eXMAVhqEEj ...
Methanex's Q2 Earnings Surpass Estimates, Revenues Decline Y/Y
ZACKS· 2025-08-08 16:00
Core Insights - Methanex Corporation (MEOH) reported a second-quarter 2025 profit of $64 million or 93 cents per share, an increase from $35 million or 52 cents per share in the same quarter last year. Adjusted earnings per share were 97 cents, exceeding the Zacks Consensus Estimate of 42 cents [1][9] - Revenues decreased by approximately 13.4% year over year to $797 million, falling short of the Zacks Consensus Estimate of $873.9 million [1][9] Financial Performance - Adjusted EBITDA rose around 11.6% year over year to $183 million [2] - Cash and cash equivalents stood at $485 million at the end of the quarter, with cash flow from operating activities amounting to $277 million. The company returned $12.5 million to shareholders through dividends [5] Operational Highlights - Total production for the quarter was 1,621,000 tons, reflecting a 14% year-over-year increase. This was driven by full-rate operations at Geismar 1 and 2, a successful restart of Geismar 3, and increased production in Trinidad. However, production was negatively impacted by reduced output from Egypt, planned maintenance in Canada, and lower production from Chile and New Zealand [3] - Total sales volume in the first quarter was 2,133,000 tons, down 18.3% year over year, missing the estimate of 2,387,000 tons. The average realized price for methanol was $374 per ton, up from $352 per ton in the prior-year quarter, and above the estimate of $362 per ton [4][9] Outlook - The company anticipates its 2025 production to be approximately 8 million tons, subject to fluctuations due to gas availability, maintenance, and unforeseen events [6] - Methanex expects higher adjusted EBITDA in the third quarter of 2025 compared to the second quarter, driven by increased sales volume, although this will be offset by a lower average realized price projected between $335 and $345 per ton for July and August [7] Market Performance - Methanex shares have declined by 21.5% over the past year, compared to a 22.4% decline in the industry [8]
Here's What Key Metrics Tell Us About Methanex (MEOH) Q2 Earnings
ZACKS· 2025-07-31 01:01
Core Insights - Methanex reported revenue of $797 million for the quarter ended June 2025, reflecting a 13.4% decrease year-over-year and an 8.8% miss against the Zacks Consensus Estimate of $873.92 million [1] - The company's EPS was $0.97, significantly up from $0.62 in the same quarter last year, resulting in a surprise of +130.95% compared to the consensus estimate of $0.42 [1] Financial Performance Metrics - Methanex's sales volume for produced methanol was 1,528.00 KTon, exceeding the average estimate of 1,457.95 KTon by two analysts [4] - The sales volume for purchased methanol was 451.00 KTon, falling short of the average estimate of 614.87 KTon [4] - The average realized methanol price was $374.00 per tonne, slightly above the estimated price of $364.97 per tonne [4] - Total sales volume was 2,133.00 KTon, below the average estimate of 2,241.71 KTon [4] - Commission sales volume was 154.00 KTon, compared to the average estimate of 169.39 KTon [4] Stock Performance - Over the past month, Methanex shares returned +0.2%, while the Zacks S&P 500 composite increased by +3.4% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Haffner Energy Reports Annual Results for Fiscal Year 2024-2025
Globenewswire· 2025-06-30 06:00
Core Viewpoint - Haffner Energy has made significant progress in its technological maturity and commercial development during the fiscal year 2024-2025, with a focus on expanding its project portfolio and establishing strategic partnerships, particularly in the Sustainable Aviation Fuel (SAF) market. Group 1: Technological and Strategic Advances - The commissioning of the Marolles showcase site marks a milestone, being the first site globally to produce green hydrogen from solid biomass, which has already led to a contract for a hydrogen, electricity, and biochar production unit in Switzerland [6][9][13] - Haffner Energy has established new strategic partnerships with key players in the SAF industry, including LanzaJet and IðunnH2, to enhance its market presence and technological capabilities [14][15][16][19] - The company has launched a capital increase that raised €7 million, expanding its free float to nearly 25%, which will support its development initiatives [4][23][28] Group 2: Financial Performance - For the fiscal year ending March 31, 2025, Haffner Energy reported net sales of €378,000, an improvement from the previous year's negative sales, and an EBITDA loss of €10,011,000, which reflects cost-cutting measures [34][36] - The net loss for the year was €12,311,000, which is larger than the previous year's loss of €9,935,000, indicating ongoing financial challenges despite improvements in operational efficiency [35][37] - The company had a net cash position of €559,000 as of March 31, 2025, down from €11,042,000 the previous year, necessitating the recent fundraising efforts [41][42] Group 3: Future Outlook and Priorities - Haffner Energy aims to accelerate the conversion of its sales pipeline, which is valued at €1.55 billion, and has a weighted pipeline of €388 million as of March 31, 2025 [48][50] - The company has set four operational priorities for the current financial year, including advancing strategic projects, optimizing the Marolles site, and simplifying governance structures [46][54][58] - Continued investment in R&D is planned to enhance the performance of its biomass thermolysis technology, which has been recognized for its innovation [52][53]
CBL International (BANL) 2025 Conference Transcript
2025-05-29 17:30
Summary of CBL International (BANL) Conference Call Company Overview - CBL International Limited operates as a marine fuel logistics company, facilitating vessel refueling through local suppliers in over 60 major ports globally, covering Asia, Europe, Africa, and Latin America [3][4] - The company focuses on providing one-stop solutions for vessel refueling while adhering to environmental standards [3] Core Business and Fuel Mix - CBL has significantly expanded its biofuel operations, with B24 biofuel sales surging by 628% in the last fiscal year [4][5] - Plans to increase focus on sustainable fuels, including biofuels (B24, B30), methanol, and LNG, aligning with IMO GHG strategies and EU maritime regulations [5][8] - The global green marine fuel market is projected to grow at a CAGR of 50.4% [5][16] Market Expansion and Geographic Focus - CBL is targeting new ports for expansion in 2024, including Mauritius, Panama, and India, enhancing its global reach [10] - The company has a strong presence in the Asia Pacific, holding a 36% market share in Singapore's bunkering market [10] Revenue and Customer Segments - Bulk carriers and oil tankers contributed approximately 45% to CBL's revenue in 2024, up from 32% in 2023, indicating a diversification in customer segments [11][12] - The company is focusing on intra-Asia and Euro-Asia trade routes, which are significant for its business [11] Regulatory Compliance and Sustainability - CBL is adapting to increasing regulatory pressures by expanding its biofuel supply network and exploring alternative fuels [14] - The company aims to maintain profitability while complying with regulations by focusing on higher-margin sustainable fuels [14] Competitive Positioning - CBL differentiates itself through an extensive global supply network, operational reliability, and compliance with environmental standards [18] - The company emphasizes its ability to offer competitive pricing and flexible service solutions [18] Investment Considerations - Key reasons to consider investing in CBL include its leadership in the biofuel market, expansion of its service network from 36 to over 60 ports, and ongoing operational efficiencies through automation and IT investments [19][20] - The company plans to address rising operational costs by improving efficiency and focusing on sustainable fuels [21] Opportunities and Future Outlook - CBL sees significant opportunities in the global shift towards sustainable shipping solutions driven by regulatory changes [22] - By 2030, CBL aims to be a leader in sustainable marine fuel logistics with a diversified portfolio and a strong focus on decarbonization [25]