Methanex upgraded at J.P. Morgan as most inexpensive among petrochemical commodities (MEOH:NASDAQ)

Methanex (MEOH) +15.5% in Friday’s trading after reporting Q3 adjusted earnings of $0.06/share that may not be comparable to the $0.44/share FactSet consensus, while revenues fell nearly 1% Y/Y to $927 milllion.

J.P. Morgan’s Jeffrey Zekauskas upgraded Methanex (MEOH