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Methanex reported third-quarter adjusted earnings of $3.69 per share, above analyst estimates, on revenue of about $1.39 billion. Shares rose about 14% to a 52-week high after the company redeemed $300M of debt and authorized a 5% buyback.
The earnings gain was driven by war-related supply disruption in the Strait of Hormuz and record methanol prices, which tie methanol and energy costs together. This is a company-level story with little direct effect on feed commodity prices.
ainvest.comNov 2, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
