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The latest update is out from Methanex ( (TSE:MX) ).
Methanex Corporation, the world’s largest methanol producer and supplier, serves customers in Asia Pacific, North America, Europe and South America from production facilities in the United States, Chile, Egypt, New Zealand, Trinidad and Tobago and Canada. The company, headquartered in Vancouver and listed in Toronto and on Nasdaq, also owns majority stake in Waterfront Shipping, which operates a fleet of around 30 methanol-carrying vessels.
On March 9, 2026, Methanex announced details of its 2026 annual general meeting of shareholders, to be held in hybrid format on April 30, 2026 in Vancouver and via live audio webcast. Shareholders will receive the 2025 financial statements, vote on the election of directors, reappointment and remuneration of auditors, and an advisory “say on pay” resolution on executive compensation, with the company using a notice-and-access system to cut printing and mailing costs and facilitate broader participation.
The most recent analyst rating on (TSE:MX) stock is a Buy with a C$65.00 price target. To see the full list of analyst forecasts on Methanex stock, see the TSE:MX Stock Forecast page.
Spark’s Take on MX Stock
According to Spark, TipRanks’ AI Analyst, MX is a Neutral.
The score is driven primarily by mixed financial performance—strong cash generation but pressured net profitability and meaningful leverage—tempered by a high P/E valuation. Technicals are a notable positive with a strong uptrend, while the earnings call was balanced: slightly improving near-term EBITDA outlook and deleveraging focus, but ongoing integration, operational risks, and market uncertainty.
To see Spark’s full report on MX stock, click here.
More about Methanex
Methanex Corporation is the world’s largest producer and supplier of methanol, serving customers across Asia Pacific, North America, Europe and South America. The Vancouver-based company operates methanol production sites in the United States, Chile, Egypt, New Zealand, Trinidad and Tobago and Canada, and its shares trade on the Toronto Stock Exchange under MX and on the Nasdaq Global Select Market under MEOH.
Methanex also controls majority-owned subsidiary Waterfront Shipping, a global marine transportation company focused on the safe and reliable movement of methanol to major international markets. Waterfront Shipping operates a fleet of about 30 vessels, largely under long-term time charters, reinforcing Methanex’s integrated position in the global methanol supply chain.
YTD Price Performance: 41.39%
Average Trading Volume: 291,917
Technical Sentiment Signal: Buy
Current Market Cap: C$5.93B
For an in-depth examination of MX stock, go to TipRanks’ Overview page.