Methanex (MEOH) Tops Q3 EPS by 6c

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Go back to Methanex (MEOH) Tops Q3 EPS by 6c

Methanex Reports Strong Third Quarter 2021 Results and Meaningful Cash Flow Generation With a Robust Outlook For the Fourth Quarter

October 27, 2021 5:00 PM EDT

Methanol prices reached multi-year highs leading to net income attributable to Methanex shareholders of $71 million and Adjusted EBITDA of $264 millionRestarted construction on our advantaged Geismar 3 project which has been substantially de-risked and is well-positioned to be completed on-time and on budget with commercial operations targeted by late 2023/early 2024 Recently announced a reset of our quarterly dividend to $0.125 per share and approval of a 5% share repurchase... More