Chart Industries

Chart Industries, Inc. engages in the manufacturing of engineered equipment for the industrial gas, energy, and biomedical industries. It operates through the following business segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products and Repair, Service & Leasing, and Corporate. The Cryo Tank Solutions segment supplies bulk, microbulk, and mobile equipment used in the storage, distribution, vaporization, and application of industrial gases. The Heat Transfer Systems segment supplies mission engineered equipment and systems used in the separation, liquefaction, and purification of hydrocarbon and industrial gases. The Specialty Products segment supplies products used in specialty market applications including hydrogen, HLNG vehicle tanks, food and beverage, space exploration, lasers, cannabis, and water treatment. The Repair, Service, and leasing segment includes repair and service centers globally, which provides installation, service, repair, maintenance, and refurbishment of cryogenic products, as well as global equipment leasing solutions. The Corporate segment includes operating expenses for executive management, accounting, tax, treasury, corporate development, human resources, information technology, investor relations, legal, internal audit, and risk management. The company was founded in 1992 and is headquartered in Ball Ground, GA.

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Chart Industries posts record results, eyes Howden acquisition synergies

Chart Industries reported strong financial performance in Q4 2022, with record results and a positive outlook for 2023, driven by market demand and strategic acquisitions.
The pending Howden acquisition is expected to bring significant synergies and market opportunities, enhancing Chart's competitive position and financial performance.
While the company faces challenges in addressing price increases and competition in the LNG market, it remains focused on leveraging strengths and growth opportunities.
Overall, Chart Industries is well-positioned to capitalize on market trends, innovation, and operational efficiencies to drive continued growth and profitability.

Chart Industries (GTLS) reports record Q1 sales and optimistic 2023 outlook

Chart Industries (GTLS) posts strong Q1 2023 results with record sales and margin improvements post-Howden acquisition. Outlook for 2023 is optimistic, focusing on maintaining growth momentum and achieving set targets. Market acceptance of innovative technologies and commercial synergies drive confidence in future performance.

Chart Industries surpasses Q2 expectations, eyes early debt reduction

Chart Industries excelled in Q2 2023, achieving record results and making progress on strategic initiatives. Strong focus on synergies, divestitures, and margin growth driving performance. Challenges include maintaining margins, securing contracts with new technology, and navigating regulatory uncertainties. Opportunities lie in revenue catch-up, hydrogen market developments, and bullish LNG outlook.

Chart Industries Inc. reports record Q3 performance and eyes LNG opportunities

Chart Industries Inc. delivered strong financial performance in Q3 2023, with record sales, backlog, and commercial synergies exceeding expectations.
The company is poised for revenue growth above $1 billion, with a focus on margin improvement, global opportunities, and strategic investments.
Challenges include managing input costs, project delivery schedules, and sustaining synergies amidst market uncertainties and industry dynamics.
Opportunities lie in new LNG qualifications, continued synergy prospects, high-velocity hub projects, and expanding into emerging markets like hydrogen.

Chart Industries (GTLS) achieves record Q4 results, eyes growth opportunities

Chart Industries delivered exceptional Q4 2023 results with record sales and strong operational margins, driven by successful integration of Howden. Despite project delays and permitting uncertainties, the company remains optimistic about growth opportunities in various end markets and continues to focus on financial goals.

Chart Industries reports record Q1 performance and eyes market expansion

Chart Industries' Q1 2024 performance was robust, with strong sales growth and margin performance.
While facing challenges like declining orders in certain segments and negative free cash flow, the company remains focused on cost management and optimization.
Opportunities lie in increasing project sizes, collaborations in carbon capture, and growth in LNG infrastructure, positioning Chart Industries for future success.
With a record backlog and a focus on medium-term targets, Chart Industries is poised for continued growth and margin improvement.

Chart Industries (GTLS) achieves record sales and margins in Q2 2024

Chart Industries (GTLS) delivered outstanding Q2 2024 results with record sales and profitability metrics. The company's focus on cost synergies, strong margins, and diverse commercial wins underscore its resilience and growth potential. Despite some challenges in guidance updates, Chart Industries is well-positioned to capitalize on opportunities in various sectors.

Chart Industries excels in Q3, eyes growth in sustainable sectors

Chart Industries' Q3 2024 performance reflects strong financial results, driven by increased orders, sales, and improved margins.
The company's strategic focus on cash culture, balance sheet optimization, and diversified revenue streams positions it for sustainable growth.
While managing net debt remains a challenge, Chart Industries has opportunities for growth in key segments and future revenue expansion.
Overall, Chart Industries shows resilience and potential for continued success in navigating market dynamics and driving shareholder value.

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ATLANTA and HOUSTON, May 07, 2021 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (“Chart”) (NYSE: GTLS), a leading diversified global manufacturer of highly engineered equipment for the industrial gas and clean energy industries today signed a Development and Commercial Memorandum of Understanding (“MOU”) with ABB, Inc. (“ABB”) (NYSE: ABB), a leading global technology company providing control system and electrical equipment to support Chart's modular offerings for liquefied natural gas, hydrogen, biogas, water treatment and CO2 Capture projects.

Chart Industries and ABB Execute Commercial and Development Agreement For Standardizing Control Packages and Instrumentation in Chart's Modular Offerings

Chart Industries (GTLS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Chart Industries (GTLS) Moves 8.7% Higher: Will This Strength Last?

Chart Industries' (GTLS) CEO Jillian Evanko on Q1 2021 Results - Earnings Call Transcript

Here's why investors should be optimistic for Chart's 2021.

Chart Industries Stock Pops 10% on Strong Q1 Earnings

Chart Industries (GTLS) delivered earnings and revenue surprises of 8.82% and -5.82%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Chart Industries (GTLS) Tops Q1 Earnings Estimates

Shares of Chart Industries (NYSE:GTLS) fell 0.6% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 29.82% over the past year to $0.74, which beat the estimate of $0.69.

Chart Industries: Q1 Earnings Insights

ATLANTA, April 22, 2021 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) today reported results for the first quarter ended March 31, 2021. Further details can be found in the supplemental presentation included with this release.   All figures in this release and supplemental presentation represent our continuing operations in our external reportable segments of Cryogenic Tank Solutions (“CTS”), Heat Transfer Systems (“HTS”), Specialty Products (“Specialty”) and Repair, Service & Leasing (“RSL”). Highlights include:

Chart Industries Reports 2021 First Quarter Results

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Plug Power, Chart Industries and Baker Hughes announce their intention to become cornerstone investors in FiveT Hydrogen Fund

ATLANTA, April 01, 2021 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) has scheduled a conference call for Thursday, April 22, 2021, at 9:30 a.m. ET to discuss its first quarter 2021 financial results.  Chart plans to issue its first quarter 2021 earnings release prior to market open on April 22nd.

Chart Industries Schedules First Quarter 2021 Earnings Release and Conference Call

Chart Industries (GTLS) acquires a 5% stake in Transform Materials, which will expand its growth prospects in the clean-energy markets.

Chart Industries (GTLS) Buys Stake in Transform Materials

ATLANTA, March 31, 2021 (GLOBE NEWSWIRE) -- Chart Industries Inc. (“Chart”) (NSYE: GTLS), a leading global manufacturer of liquefaction and cryogenic equipment serving multiple applications in the clean energy and industrial gas end markets, including hydrogen, today announced the completion of an investment in Transform Materials (“Transform”) in the amount of $25 million for 5% of its equity.

Chart Industries Acquires 5% Ownership of Transform Materials and Signs Strategic Commercial Hydrogen MOU

Chart has attracted substantial interest for its leverage to emerging cleaner energy technologies like hydrogen and carbon capture, driving strong share price performance.

Chart Industries: From Cleaner Energy Upside To A Cleaner Energy Story In 6 Months

ATLANTA, March 16, 2021 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (“Chart”) (NYSE: GTLS), a leading diversified global manufacturer of highly engineered equipment for the industrial gas and energy industries, has received Notice to Proceed on the engineering work for New Fortress Energy's (“NFE”) (NASDAQ: NFE) mid-scale 1.4 MTPA LNG offshore liquefaction project.

Chart Industries Receives $47 million LNG Liquefaction Order from New Fortress Energy

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Here's why investors can ignore today's drop and prepare for a solid 2021 from Chart Industries.

Why Chart Industries Declined 10% Despite a Solid Q4

Chart Industries' (GTLS) CEO Jillian Evanko on Q4 2020 Results - Earnings Call Transcript

Shares of Chart Industries (NYSE:GTLS) rose 0.5% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 76.39% over the past year to $1.27, which beat the estimate of $0.77.

Recap: Chart Industries Q4 Earnings

ATLANTA, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) today reported results for the fourth quarter and full year ended December 31, 2020. Further details can be found in the supplemental presentation included with this release. All figures in this release and supplemental presentation represent our continuing operations in our new external reportable segments of Cryogenic Tank Solutions (“CTS”), Heat Transfer Systems (“HTS”), Specialty Products (“Specialty”) and Repair, Service & Leasing (“RSL”). Highlights include:

Chart Industries Reports 2020 Fourth Quarter and Full Year Results

Chart Industries (GTLS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Chart Industries (GTLS) Could Beat Earnings Estimates Again

ATLANTA, and VANCOUVER, British Columbia , Feb. 10, 2021 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (“Chart”) (NYSE: GTLS), a leading diversified global manufacturer of highly engineered equipment for the industrial gas and clean energy industries today signed a Memorandum of Understanding (“MOU”) with Ballard Power Systems (“Ballard”) (NASDAQ: BLDP; TSX: BLDP), a global leader in fuel cell power to jointly develop integrated system solutions that include a fuel cell engine with onboard liquid hydrogen (“LH2”) storage and vaporization for the transportation industry, with a focus on heavy-duty applications including buses, trucks, rail and marine vessels.

Chart Industries and Ballard Power Execute Onboard Hydrogen Solutions Joint Development Agreement For Heavy-Duty Mobility

ATLANTA, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (“Chart”) (NYSE: GTLS) today announced it joined 10 other like-minded companies in launching Hydrogen Forward, a coalition of 11 companies focused on advancing hydrogen development in the United States. The coalition brings together companies invested in all links of the hydrogen value chain from source to service with a common goal of realizing hydrogen's potential to power our daily lives and decarbonize energy intensive industries, such as transportation and mining.

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