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Methanex Corp T.MX

Alternate Symbol(s):  MEOH

Methanex Corporation is a Canada-based producer and supplier of methanol to international markets. The Company supplies methanol to international markets in North America, Asia Pacific, Europe, and South America. Its operations consist of the production and sale of methanol, a commodity chemical. It operates production sites in Canada, Chile, Egypt, New Zealand, Trinidad and Tobago and the United States. It has three plants in New Zealand, Motunui 1, Motunui 2 and Waitara Valley. Its two plants in Geismar serve customers in methanol markets. It has two plants in Trinidad, Titan and Atlas that supplies methanol to various methanol markets. Its Chile production site supplies methanol to customers in South America and Asia Pacific, having two plants in Chile, Chile I and Chile IV. Its Egypt plant is located on the Mediterranean Sea and primarily supply methanol to the domestic and European market. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America.


TSX:MX - Post by User

Post by retiredcfon Jun 04, 2021 7:49am
182 Views
Post# 33328238

Analyst Recommendation

Analyst RecommendationSecond stock in the clip. GLTA

https://www.bnnbloomberg.ca/video/brian-madden-s-past-picks~2214912

Methanex (MX TSX)

  • Then: $26.81
  • Now: $43.87
  • Return: 64%
  • Total Return: 65%
PAST TOP PICK
 
Methanex Corp
(MX-T)
June 3, 2021
 
(A Top Pick Jun 11/20, Up 65%) Came roaring back from the abyss. Making lots of money at current methanol prices. Robust industrial protection. Wind at their backs. He's still buying. Significant ongoing upside potential. Valuation still undemanding.
 
CHEMICALS
Brian Madden 
 
Price
$44.470
Owned
Yes

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