Methanex is the largest producer and supplier of methanol in the world. The company operates through a huge network of 6 production facilities (with an annual production capacity of 9.4 million tonnes), 11 global offices, and 17 distribution terminals and storage facilities.
It also owns the world's largest fleet of methanol ocean tankers, barge, rail, truck and pipeline. Methanex has access to low cost natural gas feedstock and enters into long-term natural gas contracts which grant it enough cash flow visibility.
The company has an extensive international reach and serves large, global chemical and China MTO companies. Its low cost structure and large scale of operations are huge competitive advantages. Methanex benefits from being the only supplier of methanol with a well-established global market presence and production base.
Stock Chart & Metrics
- Ticker: tse:mx
- Sector: Basic Materials
- Industry: Chemicals
- Market Cap: 4.71B
- Market Cap Group: Mid Cap
- P/E: 10.26
- Dividend Yield: 1.39%
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
|APD||NYSE:APD||Air Products & Chemicals||63.30||27.07||2.46||YES||1||1||26|
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Methanex Corp - FAQ
What is the stock ticker for Methanex Corp?
The stock ticker for Methanex Corp is TSE:mx.
Is Methanex Corp a good stock to buy?
You need to consider your investment strategy and how TSE:mx can fit in your portfolio.
The current dividend income score of 4/10 and dividend growth score of 2/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Methanex Corp a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 34 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.