Chemical company Methanex announced it will idle its New Zealand operations in early 2027, reigniting discussions about a controversial liquefied natural gas terminal project. Environmental groups have criticized the economic arguments used to justify the development.
Diamondback Energy (FANG), Mattel (MAT), and Methanex Corp. (MEOH) have been identified as among the oversold NASDAQ stocks. This assessment comes amid a dip in oil prices and other market factors.
Global stock markets, oil futures, and specific company performances are experiencing volatility, while geopolitical uncertainty rises, following developments in the Middle East conflict and former President Donald Trump's statements regarding Iran. Economic forecasts for the war and economy range from bad to much worse, and family offices are stalling deal-making due to the conflict, though megadeals continue.
AMCON Distributing, Methanex, and Ball Corporation have each declared their latest dividends. AMCON announced a $0.12 dividend, Methanex a $0.185 dividend, and Ball a $0.20 dividend.
Methanex, a global methanol producer, released highlights from its fourth-quarter earnings call, detailing its financial performance and operational updates.
One investor placed a $3 million bet on Methanex last quarter, a company whose stock has seen a 30% surge this year, highlighting a specific investment move.