Methanex (MEOH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Methanex (MEOH) now expects production to restart toward the end of the first quarter of 2024.
VANCOUVER, British Columbia, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its 1.26 million tonne Egypt methanol production facility (Methanex 50% equity interest of 0.63 million tonnes per annum) was impacted by an unplanned outage in mid-October caused by a mechanical failure in the synthesis gas compressor. The unit has since been removed from service and is currently being repaired on an expedited schedule at the manufacturer overseas. The