Methanex (MEOH) PT Raised to $70 at RBC Capital
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Methanex Reports Record First Quarter 2018 Results
April 25, 2018 5:00 PM EDTVANCOUVER, British Columbia , April 25, 2018 (GLOBE NEWSWIRE) -- For the first quarter of 2018, Methanex (TSX: MX) (NASDAQ: MEOH) reported net income attributable to Methanex shareholders of $169 million ($2.00 per common share on a diluted basis) compared to net income of $68 million ($0.81 per common share on a diluted basis) in the fourth quarter of 2017. Adjusted EBITDA for the first quarter of 2018 was $306 million and Adjusted net income was $171 million ($2.03 per common share). This compares with Adjusted EBITDA of $254 million and Adjusted net income of $143 million ($1.70 per common share) for the... More
