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Stock impact report

Methanex: Becoming A Methanol Giant [Seeking Alpha]

Methanex Corporation (MEOH) 
Last methanex corporation earnings: 1/29 05:01 pm Check Earnings Report
US:NASDAQ Investor Relations: methanex.com/investor-relations
Company Research Source: Seeking Alpha
Follow Summary Methanex Corporation is the world's largest methanol producer. The company was set to benefit from its Geismar 3 plant opening this year, adding efficient production capacity to its line-up. Given this background, an expensive deal with OCI to grow capacity even further comes a bit surprising. Increased debt, and a relatively pricey deal, makes me hesitant to invest even after the share price pullback. Looking for a helping hand in the market? Members of Value In Corporate Events get exclusive ideas and guidance to navigate any climate. Learn More » Fahroni Shares of Methanex Corporation MEOH have moved sharply lower after investors digest its plans to grow its business further, fortifying its position as the global leading methanol producer. An announced deal with OCI Global looks a bit pricey, as a steep price and debt incurred, make investors, in my view, rightfully cautious here. While I am naturally inclined to such share price declines, I am tak Show less Read more
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