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	<title>Stock Blog Hub &#187; Methanex Corporation</title>
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		<title>(DOW) Three More Industries Thriving From Record-Low Natural Gas Prices</title>
		<link>http://www.stockbloghub.com/2012/01/31/dow-three-more-industries-thriving-from-record-low-natural-gas-prices/90748</link>
		<comments>http://www.stockbloghub.com/2012/01/31/dow-three-more-industries-thriving-from-record-low-natural-gas-prices/90748#comments</comments>
		<pubDate>Tue, 31 Jan 2012 16:50:39 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Chemicals - Major Diversified]]></category>
		<category><![CDATA[ASH]]></category>
		<category><![CDATA[Ashland Inc.]]></category>
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		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[MEOH]]></category>
		<category><![CDATA[Methanex Corporation]]></category>
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		<description><![CDATA[by Mike Kapsch, Investment U Research Tuesday, January 24, 2012 Since hitting a high of $15.37 in December 2005, the price of natural gas has plunged to its lowest level in over a decade to $2.30. That’s an 85% drop. As Reuters recently reported, “The unrelenting surge in shale gas production and one of the warmest winters on record are driving the natural gas market toward uncharted territory. Soon companies may have to pay to get rid of their gas.” So far, this has been tough news for natural gas drillers and electric utilities. Many drillers are ramping up their oil production, trying to make up for lost income. Chesapeake Energy even cut its gas drilling production in half, which led to a bit of a rally over the past ]]></description>
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		<title>(MEOH) Methanex Corporation &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2010/08/26/meoh-methanex-corporation-bear-of-the-day/49364</link>
		<comments>http://www.stockbloghub.com/2010/08/26/meoh-methanex-corporation-bear-of-the-day/49364#comments</comments>
		<pubDate>Thu, 26 Aug 2010 16:33:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Specialty Chemicals]]></category>
		<category><![CDATA[MEOH]]></category>
		<category><![CDATA[Methanex Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=49364</guid>
		<description><![CDATA[Methanex Corp. (MEOH) is the world&#8217;s largest supplier of methanol. Lower methanol pricing and an increase in global inventories are negatively affecting the company. Methanex&#8217;s Chilean facility is currently operating at 60% due to the lack of natural gas supply. Although the company reversed year-ago losses in the second quarter of 2010, it missed the Zacks Consensus by $0.04. Methanex has a long history of underperforming the Zacks Consensus Estimate. The company projects a further sales decline and higher costs in the upcoming quarter due to production outages at the Atlas plant. Methanol prices are expected to be volatile owing to the upcoming additional methanol capacity in the industry in 2010. We are downgrading the stock to Underperform from the previous Neutral recommendation and reduce our target price to $20.00 ]]></description>
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		<title>(MEOH) Methanex Corporation Earnings Improve</title>
		<link>http://www.stockbloghub.com/2010/01/28/meoh-methanex-corporation-earnings-improve/26298</link>
		<comments>http://www.stockbloghub.com/2010/01/28/meoh-methanex-corporation-earnings-improve/26298#comments</comments>
		<pubDate>Thu, 28 Jan 2010 21:24:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Specialty Chemicals]]></category>
		<category><![CDATA[MEOH]]></category>
		<category><![CDATA[Methanex Corporation]]></category>

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		<description><![CDATA[Methanex Corporation (MEOH), the world’s largest supplier of methanol, reported a fourth quarter net income of $25.7 million, or 28 cents per share, in contrast to a net loss of $3.9 million or 4 cents per share in the year-ago period. Earnings were, however, slightly below the Zacks Consensus Estimate of 29 cents. For full year 2009, Methanex posted a net income of a modest $0.7 million or 1 cent per share, significantly down from $168.8 million or $1.78 in 2008. Quarterly revenues of Methanex slipped 7% to $381.7 million while it declined 48% to $1.2 billion for the full year. Continued upward momentum of methanol demand and higher energy prices have led to higher methanol prices and improved earnings. Sales volumes improved 7% to 1.49 million tons while the ]]></description>
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		<title>(MEOH) Methanex Secures $200 Million Revolving Credit Facility</title>
		<link>http://www.stockbloghub.com/2009/08/31/meoh-methanex-secures-200-million-revolving-credit-facility/13926</link>
		<comments>http://www.stockbloghub.com/2009/08/31/meoh-methanex-secures-200-million-revolving-credit-facility/13926#comments</comments>
		<pubDate>Mon, 31 Aug 2009 16:02:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Chemicals - Major Diversified]]></category>
		<category><![CDATA[MEOH]]></category>
		<category><![CDATA[Methanex Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13926</guid>
		<description><![CDATA[Methanex Corp. (MEOH) recently finalized a new $200 million revolving credit facility with a syndicate of banks. The new facility, which expires in May 2012, replaces the company&#8217;s existing revolving facility of $250 million, set to expire in mid-2010. While Methanex stated that the new credit facility is more flexible, it did not disclose the financial terms. The Vancouver-based company had $278 million of cash in hand at the end of the second quarter. With the new credit agreement and no near-term refinancing requirements, Methanex has positioned itself well to meet its financial commitments and continue investing in projects that stimulate growth. Methanex is the world&#8217;s largest supplier of methanol to major international markets in North America, Asia-Pacific, Europe and Latin America, with about a 15% market share. The chemical ]]></description>
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