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Methanex Corporation

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Methanex swung to a loss in the third quarter of 2016. However, loss per share was lower than the Zacks Consensus Estimate. Revenues fell year over year in the quarter, but beat expectations. Methanex should gain from healthy demand fundamentals for methanol. We are also optimistic about its Louisiana project, which is expected to create significant value for shareholders and meaningfully contribute to cash generation.  The company also remains committed to boost shareholder returns. However, the company is still exposed to a volatile methanol pricing environment. Methanex’s operations are also subject to the risks of production outages. Some of the company's production facilities are unable to produce at full capacity due to natural gas supply shortages.


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