Methanex Shares Rise 20% in 6 Months: What's Driving the Stock?
Key Takeaways MEOH shares rose 19.8% in the past 6 months, outperforming the industry's 16.5% rise. Geismar produced 934,000 tons, up more than 50% year over year, while Natgasoline added 203,000 tons. Liquidity was near $979 million as G3 and OCI assets expand future production capacity. Methanex Corporation’s (MEOH) shares have gained 19.8% in the past six months. The company has also outperformed the Zacks Chemical - Diversified industry’s 16.5% growth over the same time frame.The rally has been driven b ...