Methanex (MEOH) Tops Q4 EPS by 26c

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Go back to Methanex (MEOH) Tops Q4 EPS by 26c

Methanex Reports Higher Fourth Quarter 2016 Earnings and Record Production and Sales Volume

January 25, 2017 5:05 PM EST

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 01/25/17 -- For the fourth quarter of 2016, Methanex (TSX: MX)(NASDAQ: MEOH) reported net income attributable to Methanex shareholders of $24 million ($0.28 net income per common share on a diluted basis) compared to a net loss of $11 million ($0.12 net loss per common share on a diluted basis) in the third quarter of 2016. Adjusted EBITDA for the fourth quarter of 2016 was $139 million and Adjusted net income was $41 million ($0.46 Adjusted net income per common share). This compares with Adjusted EBITDA of $74 million and an Adjusted... More