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Air Products & Chemicals, Inc. - APD STOCK NEWS

Welcome to our dedicated page for Air Products & Chemicals news (Ticker: APD), a resource for investors and traders seeking the latest updates and insights on Air Products & Chemicals stock.

Air Products & Chemicals, Inc. (NYSE: APD) is a world-leading industrial gases company that has been making a positive impact on lives globally since its establishment in 1940. With over 20,000 employees and operations in more than 50 countries, Air Products provides essential services to a wide array of industries from food and beverage, healthcare, and personal care, to energy, transportation, and semiconductors.

Core Business: Air Products specializes in supplying atmospheric gases, process and specialty gases, performance materials, and related equipment and services. It is recognized as the largest supplier of hydrogen and helium worldwide.

Financial Performance: In fiscal 2023, Air Products generated $12.6 billion in revenue. The company continues to show strong financial health, reporting a GAAP EPS of $2.57 in Q2 FY24, a 30% increase from the previous year, and an adjusted EPS of $2.85, up 4% from the prior year.

Innovative Projects and Achievements: Air Products has been actively investing in sustainable projects. The company plans to invest $15 billion in clean energy projects by 2027. Recent developments include the successful performance test of its AP-DMR™ LNG Process technology in Mozambique and plans to build multi-modal hydrogen refueling stations across California and Canada.

Partnerships: Air Products has formed strategic alliances to enhance its service offerings. Notably, it has a 15-year agreement with TotalEnergies to supply 70,000 tons of green hydrogen annually starting in 2030, significantly reducing CO2 emissions.

Community and Sustainability: The company has been listed among Barron's 100 Most Sustainable Companies for six consecutive years. Air Products’ dedication extends to community engagement, exemplified by its donation pledge to the AIST Foundation to promote careers in the steel industry.

For more information, visit Air Products' official website.

News

Air Products Announces Plans to Build Network of Commercial-Scale Multi-Modal Hydrogen Refueling Stations Connecting Edmonton and Calgary, Alberta, Canada

Rhea-AI Summary
Air Products plans to build a network of commercial-scale multi-modal hydrogen refueling stations connecting Edmonton and Calgary, Alberta, Canada. The initiative supports Canada's climate and energy goals and the 5,000 Hydrogen Vehicle Challenge. The stations will cater to heavy-duty and light-duty vehicles, aiming to have 5,000 hydrogen vehicles on the road in five years. The first station in Edmonton is set to be operational in 2025, with high-capacity fueling capabilities. The project received funding from Natural Resources Canada and has garnered support from government officials and local authorities.
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Air Products Again Earns Spot on Barron's 100 Most Sustainable Companies List for the 6th Consecutive Year

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Air Products (NYSE:APD) has been recognized on Barron's 100 Most Sustainable Companies List for the 6th consecutive year, highlighting the company's commitment to sustainability. The company ranked #57 this year, showcasing its strong performance across environmental, social, and governance measures. Air Products' continuous efforts in sustainability have also been acknowledged by other prestigious publications, further solidifying its position as a leader in the industry.
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Air Products' Chairman, President and Chief Executive Officer Seifi Ghasemi to Deliver Keynote Address at the Canadian Hydrogen Convention

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Air Products' CEO Seifi Ghasemi to Deliver Keynote Address at Canadian Hydrogen Convention, emphasizing the importance of clean hydrogen in the energy transition and showcasing the company's global leadership in the sector.
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Air Products Receives Funding to Build Two Large-Scale Hydrogen Refueling Stations in the Region of North-Rhine Westphalia Nordrhein Westfalen

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Air Products secures funding to build two large-scale hydrogen refueling stations in North Rhine-Westphalia, advancing efforts to support zero-emission fleets and reduce global carbon emissions.
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Air Products to Broadcast Fiscal Second Quarter Earnings Teleconference on April 30, 2024

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Air Products (APD) will announce its fiscal 2024 second-quarter financial results on April 30, 2024. The teleconference will be open to the public for review.
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Air Products to Highlight its Freshline® Food Solutions and New Smart Technology Offering at the Seafood Expo North America

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Air Products (NYSE:APD) to showcase Smart Technology innovations for seafood processors at Seafood Expo North America, featuring Freshline® Smart Technology and Freshline® IQF+ Tunnel Freezer.
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Air Products' Chairman, President and CEO Seifi Ghasemi to Speak at J.P. Morgan Industrials Conference on March 13

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Air Products' CEO Seifi Ghasemi to speak at J.P. Morgan Industrials Conference on March 13, 2024.
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ALAMO GROUP INC. ANNOUNCES RETIREMENT OF BOARD MEMBER, APPOINTMENT OF NEW BOARD CHAIR AND APPOINTMENT OF NEW DIRECTOR

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Alamo Group Inc. announced the retirement of Roderick Baty from the Board of Directors, with Richard Parod appointed as the new Independent Board Chair. Additionally, Paul Householder joins as a new independent member of the Board.
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Air Products' Chief Operating Officer Dr. Samir J. Serhan to Speak at Citi Global Industrial Tech and Mobility Conference on February 22

Rhea-AI Summary
Air Products' Chief Operating Officer, Dr. Samir J. Serhan, to speak at Citi Global Industrial Tech and Mobility Conference on February 22, 2024, at 8:50 a.m. USET. Investors can access the session through Air Products' Investor Relations Event Details website.
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Air Products' Chairman, President and CEO Seifi Ghasemi to Speak at Barclays 2024 Industrial Select Conference on February 21

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Air Products' Chairman, President, and CEO, Seifi Ghasemi, will speak at the Barclays 2024 Industrial Select Conference on February 21, 2024. Investors can access the session through the company's Investor Relations Event Details website.
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FAQ

What is the current stock price of Air Products & Chemicals (APD)?

The current stock price of Air Products & Chemicals (APD) is $317.1 as of November 15, 2024.

What is the market cap of Air Products & Chemicals (APD)?

The market cap of Air Products & Chemicals (APD) is approximately 70.5B.

What industries does Air Products serve?

Air Products serves a wide range of industries including food and beverage, healthcare, personal care, energy, transportation, and semiconductors.

What was Air Products' revenue in fiscal 2023?

Air Products generated $12.6 billion in revenue in fiscal 2023.

What are the recent achievements of Air Products?

Recent achievements include an increase in GAAP EPS by 30% in Q2 FY24, a successful performance test of the AP-DMR™ LNG Process technology, and plans to build hydrogen refueling stations in California and Canada.

What is the long-term partnership between Air Products and TotalEnergies?

Air Products has a 15-year agreement with TotalEnergies to supply 70,000 tons of green hydrogen annually starting in 2030 to decarbonize TotalEnergies' European refineries.

How does Air Products contribute to sustainability?

Air Products is committed to sustainability through investments in clean energy projects, such as hydrogen refueling stations and green hydrogen production, and has been listed among Barron's 100 Most Sustainable Companies for six consecutive years.

What community initiatives is Air Products involved in?

Air Products supports community initiatives like its donation pledge to the AIST Foundation to encourage careers in the steel industry.

What is Air Products' commitment to clean energy?

Air Products has committed to invest $15 billion in clean energy projects by 2027, focusing on hydrogen technologies and carbon capture.

Where can I find more information about Air Products?

More information about Air Products can be found on their official website at http://www.airproducts.com.

How many employees does Air Products have?

Air Products has over 20,000 employees worldwide.

In how many countries does Air Products operate?

Air Products operates in more than 50 countries globally.

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Air Products & Chemicals, Inc.

NYSE:APD

APD Rankings

#196 Ranked by Market Cap
#1298 Ranked by Dividends

APD Stock Data

70.49B
222.31M
0.36%
89.24%
1.97%
Specialty Chemicals
Industrial Inorganic Chemicals
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United States of America
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