Ian Cameron - Methanex CFO and Sr. VP of Fin.

MX Stock  CAD 65.44  0.17  0.26%   

CFO

Mr. Ian P. Cameron is Chief Financial Officer, Senior Vice President Finance of Methanex Corporationrationration, since January 2013. Mr. Cameron is responsible for the global finance function as well as executive oversight of our operations in Trinidad. In 2018, Mr. Cameron and his team in Trinidad delivered strong production results since 2013.
Tenure 11 years
Address 1800 Waterfront Centre, Vancouver, BC, Canada, V6C 3M1
Phone604 661 2600
Webhttps://www.methanex.com
Cameron and his finance team demonstrated excellent financial management and a balanced approach to capital allocation, which positioned the Company to effectively facilitate continued dividend payments and share buybacks. The team also managed costs effectively and enabled shareholder distributions from the Egypt entity, resulting in a strong balance sheet and liquidity positioning that will support the Company’s growth strategy and manage volatility in a cyclical industry

Methanex Management Efficiency

The company has return on total asset (ROA) of 0.0312 % which means that it generated a profit of $0.0312 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1105 %, meaning that it generated $0.1105 on every $100 dollars invested by stockholders. Methanex's management efficiency ratios could be used to measure how well Methanex manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Equity is likely to grow to 0.1, while Return On Tangible Assets are likely to drop 0.03. At this time, Methanex's Non Current Assets Total are very stable compared to the past year. As of the 29th of November 2024, Non Currrent Assets Other is likely to grow to about 361.8 M, while Total Assets are likely to drop about 3.5 B.
Methanex has accumulated 3.01 B in total debt with debt to equity ratio (D/E) of 1.21, which is about average as compared to similar companies. Methanex has a current ratio of 2.11, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Methanex until it has trouble settling it off, either with new capital or with free cash flow. So, Methanex's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Methanex sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Methanex to invest in growth at high rates of return. When we think about Methanex's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 2 records

CFO Age

Sean WashchukCCL Industries
51
Dale SchneiderLinamar
N/A
Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada. METHANEX CORP operates under Chemicals classification in Canada and is traded on Toronto Stock Exchange. It employs 1300 people. Methanex (MX) is traded on Toronto Exchange in Canada and employs 1,451 people. Methanex is listed under Commodity Chemicals category by Fama And French industry classification.

Management Performance

Methanex Leadership Team

Elected by the shareholders, the Methanex's board of directors comprises two types of representatives: Methanex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Methanex. The board's role is to monitor Methanex's management team and ensure that shareholders' interests are well served. Methanex's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Methanex's outside directors are responsible for providing unbiased perspectives on the board's policies.
Karine Delbarre, Senior Logistics
Dean Richardson, Vice President Treasury and Investor Relations
John Floren, CEO and President and Director
Sarah Herriott, Director Relations
Vanessa James, Sr. VP of Global Marketing and Logistics
Richard Sumner, CEO President
Mark Allard, Senior Solutions
Kevin Price, General Counsel & Corporate Secretary
Bradley Boyd, Senior Vice President - Corporate Resources
Kevin Maloney, Senior Development
Kevin Henderson, Senior Vice President of Marketing
Rawle Ramlochan, Plant Manager
Gustavo Parra, Senior Manufacturing
Ian Cameron, CFO and Sr. VP of Fin.

Methanex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Methanex a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Methanex

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Methanex position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Methanex will appreciate offsetting losses from the drop in the long position's value.

Moving against Methanex Stock

  0.53ORE Orezone Gold CorpPairCorr
  0.36MSFT Microsoft Corp CDRPairCorr
The ability to find closely correlated positions to Methanex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Methanex when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Methanex - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Methanex to buy it.
The correlation of Methanex is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Methanex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Methanex moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Methanex can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Methanex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methanex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Methanex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methanex Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Please note, there is a significant difference between Methanex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Methanex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methanex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.