Methanex isn’t Canada’s biggest company, but it’s a true global champion

News Snapshot:

Revenue (2023) $3.7 billion | Profit $174 million Three-year share price gain 45% | P/E ratio (trailing) 17 Depending on your point of view, Methanex either falls through several cracks or fills a number of intriguing niches. It’s not an Alberta oil patch play. It’s not one of Canada’s largest companies—it has just 1,500 employees. But it’s something rarer: a true global leader, the world’s No. 1 producer and supplier of methanol. “We’re this company with a big global reach, but we’re small, which makes us agile in our decision making,” says CEO Rich Sumner, 49, who’s been with Methanex...