Methanex Corporation (MEOH)

While UBS expects methanol prices could soften as more supply is expected to enter the market, it sees prices firming up later in the year.

Methanex have been on a downtrend since the company announced it had inked a $2-billion deal to buy OCI Global's methanol business.

Methanex to acquire OCI Global's international methanol business for $2.05B. Deal includes 2 Texas plants, low-carbon production.

Companies Reporting Before The Bell • Deutsche Bank (NYSE:DB) is estimated to report quarterly earnings at $0.52 per share on revenue of $7.65 billion.

MEOH stock results show that Methanex beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.

MEOH stock results show that Methanex beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

MEOH stock results show that Methanex beat analyst estimates for earnings per share and beat on revenue for the fourth quarter of 2023.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

The diversified chemicals industry has been hamstrung by softer demand in certain markets. However, these three industry players have strategic measures to tide over the challenging environment. Investors may want to keep an eye on these stocks.

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