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Methanex Corporation (T:MX)

Business Focus: Commodity Chemicals

Sector:  Basic Materials Industry:  Commodity Chemicals
See Regulatory Filings on SEDAR
Company Contact
Address: 1800-200 Burrard St
Tel: 1-604-6612600
IR: See website
Key People
Douglas James Arnell
Independent Chairman of the Board
John N. Floren
President, Chief Executive Officer, Director
Ian P. Cameron
Chief Financial Officer, Senior Vice President - Finance
Vanessa L. James
Senior Vice President - Global Marketing and Logistics
Bradley W. Boyd
Senior Vice President - Corporate Resources
Kevin L. Henderson
Senior Vice President - Manufacturing
Michael J. Herz
Senior Vice President - Corporate Development
Kevin I. Price
General Counsel & Corporate Secretary
Business Overview
Methanex Corp is a Canada-based producer and supplier of methanol to international markets in North America, Asia Pacific, Europe and South America. The Company operates three plants in New Zealand supply methanol primarily to customers in Asia Pacific. It operates two plants in Geismar, two plants in Trinidad, Titan and Atlas and supplies to methanol markets around the globe. Its joint venture in Egypt is located on the Mediterranean Sea and primarily supplies methanol to the domestic and European market. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America. Its two plants in Punta Arenas, Chile supply methanol to customers in South America and around the globe. The Company's wholly owned subsidiary, Waterfront Shipping, operates its fleet which is made up of deep-sea tankers ranging from 3,000 to 50,000 deadweight tons of capacity.
Financial Overview
For the fiscal year ended 31 December 2019, Methanex Corporation revenues decreased 27% to $3.28B. Net income decreased 85% to $87.8M. Revenues reflect United States segment decrease of 24% to $581.6M, China segment decrease of 11% to $998.3M. Net income also reflects Depreciationand amortization increase of 40% to $344.1M (expense), Other Expenses increase of 34% to $112.1M (expense). Dividend per share increased from $1.32 to $1.41.
Employees: 1,544 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: N/A
Annual revenue (TTM): N/A
Net annual income (TTM): N/A
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: N/A
Shares outstanding: 76,196,080 as of Jan 28, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization