Methanex Corporation shares have gained 19.8% in the past six months, outperforming the Zacks Chemical - Diversified industry's 16.5% growth. The rally was driven by strong operating performance across its global production network, supported by improved natural gas availability in key regions and reliable contributions from newly acquired assets. In the first quarter of 2026, total methanol production reached about 2.39 million tons, with the Geismar complex producing 934,000 tons, more than 50% higher than the year-ago period. The recently acquired Natgasoline facility contributed 203,000 tons, while output in Chile increased to 398,000 tons as gas supply conditions improved. Methanex ended the quarter with cash and cash equivalents of $379 million and total liquidity of approximately $979 million, despite a $46 million decline in cash used partly for a $60 million Term Loan A repayment and $14 million in dividends. Long-term demand prospects are supported by emerging applications such as marine fuel and resilient methanol demand in China, which are expected to support stronger pricing and margin performance.
Methanex CorporationStrong production across global network, improved gas availability, and new asset contributions driving output.
Albemarle Corp
LB Foster Company
Nucor Corp