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Chart Industries - GTLS STOCK NEWS

Welcome to our dedicated page for Chart Industries news (Ticker: GTLS), a resource for investors and traders seeking the latest updates and insights on Chart Industries stock.

Overview

Chart Industries (NYSE: GTLS) is a globally recognized manufacturer and engineer of advanced cryogenic and process technology equipment. The company plays a critical role in the industrial gas supply chain by providing highly engineered solutions in cryogenics, LNG liquefaction, hydrogen processing, and biological storage. From the design and manufacturing of critical components used to separate oxygen, nitrogen, and noble gases from air, to delivering reliable systems for natural gas liquefaction and storage, Chart Industries is deeply embedded in powering clean power, water, food, and industrial solutions.

Core Operations and Product Portfolio

At its core, Chart Industries specializes in creating robust and efficient equipment tailored for the gas and liquid molecule handling sectors. Its products serve multiple phases of the liquid gas supply chain, including:

  • Cryogenic Equipment: Designed to maintain extremely low temperatures, their cryogenic systems are essential for processes ranging from air separation to the liquefaction of natural gas.
  • LNG and Process Technologies: The company’s innovative liquefaction processes and modular equipment are fundamental to the production and distribution of LNG, enhancing efficiency and reliability in large-scale operations.
  • Hydrogen and Clean Energy Solutions: By providing advanced hydrogen compression and liquefaction solutions, Chart supports global initiatives toward sustainable energy and cleaner industrial processes.
  • Specialized Storage Systems: Its offerings include state-of-the-art biological storage solutions, which set benchmarks in the preservation of human and animal tissues, and respiratory products for home healthcare markets, underscoring its diversified technology approach.

Market Position and Industry Significance

Chart Industries occupies a unique niche in the industrial gas arena. The company's solutions are found at every stage of the gas supply chain, demonstrating how integral their equipment is to the production, distribution, and usage of liquid gases. Their comprehensive approach—covering design, engineering, installation, and preventive maintenance—establishes them as a trusted partner to major players in the LNG, hydrogen, and natural gas processing markets around the world.

Technological Innovation and Expertise

Chart leverages cutting-edge process technologies such as the Integrated Pre-Cooled Single Mixed Refrigerant (IPSMR®) process to deliver energy-efficient and reliable systems. This technology, along with their extensive array of stationary and rotating equipment, allows Chart to meet the demanding needs of industries requiring precise, contamination-free, and high-pressure gas solutions. The use of specialized equipment in cryogenic environments speaks not only to the technical complexity but also to the operational resilience inherent in their solutions.

Global Reach and Operational Excellence

With a worldwide manufacturing and service footprint that spans multiple continents, Chart Industries is well positioned to serve a diverse and expansive customer base—from large-scale industrial gas producers to emerging sectors like hydrogen-fueled energy solutions. Their strategic integration of engineering services, repair, and digital monitoring systems ensures that clients receive end-to-end support, reinforcing the company’s longstanding reputation for quality and reliability.

Competitive Landscape and Differentiation

In a market crowded with specialized engineering firms and equipment manufacturers, Chart Industries differentiates itself through its deep industry expertise, technical innovation, and comprehensive service model. The company continuously adapts its product offerings to meet evolving market demands, leveraging decades of experience to provide solutions that address both conventional and emerging energy needs. This differentiation is critical in establishing long-term partnerships with customers and maintaining a competitive edge in the global industrial gas solutions market.

Conclusion

Overall, Chart Industries stands as a pivotal entity in the realm of cryogenic and process technology. Its commitment to engineering excellence and operational integrity is reflected in every stage of the liquid gas supply chain. Investors and industry analysts can appreciate the company’s systematic approach to problem-solving, its strategic positioning in the market, and its ability to deliver reliable and innovative solutions, all of which underscore its established authority in supporting modern industrial and energy applications.

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Chart Industries, Inc. (GTLS) will have its President and CEO, Jill Evanko, participate in a fireside discussion at the Bank of America Global Industrials Conference in London. The event will take place on March 20th, 2024, at 1:05 p.m. GMT. A live webcast will be accessible on the company's website, with a replay available afterward.
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Chart Industries, Inc. (NYSE: GTLS) reported strong fourth quarter and full year 2023 results, with record orders, sales, backlog, and operating income. The company exceeded its year-one Howden integration targets and achieved substantial commercial and cost synergies. The 2024 outlook projects significant sales and EBITDA growth, reflecting strong market demand and strategic focus on cash generation and balance sheet deleveraging.
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Chart Industries, Inc. reiterates its medium-term financial targets through 2026, including mid-teens organic revenue growth, mid-30% gross profit margin, mid-40% adjusted diluted EPS growth CAGR, and 95-100% Free Cash Flow Conversion. The company's CEO cited the recent pause of U.S. LNG export project approvals as a factor in the outlook. Additionally, the acquisition of Howden in early 2023 has diversified the company's end-markets and full-solution offering, and expanded its aftermarket, service, and repair business to over 30% of annual revenue.
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Chart Industries, a leading global solutions provider to clean energy and industrial gas markets, has scheduled a conference call to discuss its fourth quarter and full year 2023 financial results. The call will take place on February 28, 2024, at 8:30 a.m. ET. Chart plans to issue its earnings release prior to market open on the same day.
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Chart Industries, a leading global engineering design firm and manufacturer of highly engineered equipment servicing clean energy and industrial gas markets, has recently received multiple LNG-related awards. These include IPSMR® liquefaction technology for two modular trains of a multi-train international Big LNG project, IPSMR® liquefaction technology for a mid-scale plant in Asia Pacific, North American small-scale LNG nitrogen cycle technology and associated equipment, various LNG infrastructure related orders, and repair and service work at a Middle East LNG project. Jill Evanko, Chart’s CEO and President, highlighted the strong market and award activity across the four pillars of their LNG strategy, indicating a clear shift in customers’ preference for their modular solution which is driving multiple awards across many years as projects are developed.
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Chart Industries, Inc. (NYSE: GTLS) will present at the Goldman Sachs Energy, CleanTech & Utilities Conference. President and CEO Jill Evanko will participate in a fireside discussion on January 4th, 11:00 am Eastern Time. A live webcast will be available on the company’s website.
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Chart Industries, Inc. (NYSE: GTLS) has been recognized by Newsweek as one of America's Most Responsible Companies 2024. This prestigious award, announced on December 6th, 2023, is a testament to the company's commitment to corporate social responsibility, sustainability, and community involvement. The ranking is based on a holistic view of corporate responsibility, considering all three pillars of ESG: Environment, Social, and Corporate Governance. Chart's CEO and President, Jill Evanko, emphasized the company's dedication to sustainable solutions and environmentally focused operations.
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Chart Industries, a leading global engineering design firm and manufacturer of highly engineered equipment servicing clean energy and industrial gas markets, is hosting an Investor Day on November 28, 2023, to present their strategic priorities, growth strategy, and three-year financial outlook. The company aims to deliver profitable growth and free cash flow generation through a cycle, introduce medium-term financial targets through 2026, and provide updates on commercial and cost synergy numbers.
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Chart Industries, Inc. (NYSE: GTLS) received Korean Gas Safety (KGS) certification and approval for their liquid hydrogen (LH2) bulk transport trailers in Theodore, Alabama, making them the first and only supplier with an approved LH2 trailer design for the Korean market. The trailer offers over 3,100 kg of payload and meets the high-performance and operational standards of the Chart brand.
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Hepworth Brewery partners with Chart Industries' Earthly Labs to implement carbon capture technology, aiming to reduce CO2 emissions and achieve 85% carbon neutrality by 2025. The move also helps them recycle CO2 to hedge against supply shortages in the UK.
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FAQ

What is the current stock price of Chart Industries (GTLS)?

The current stock price of Chart Industries (GTLS) is $126.61 as of April 14, 2025.

What is the market cap of Chart Industries (GTLS)?

The market cap of Chart Industries (GTLS) is approximately 5.6B.

What is the core business of Chart Industries?

Chart Industries designs and manufactures highly engineered cryogenic and process technology equipment essential for the industrial gas, LNG, and hydrogen sectors.

How does Chart Industries support the liquid gas supply chain?

The company provides comprehensive solutions including equipment for cryogenic storage, liquefaction, and distribution, as well as integrated engineering services throughout the gas supply chain.

Which industries benefit from Chart Industries' technologies?

Their technologies are extensively used in industrial gas production, LNG processing, hydrogen compression, and even in life sciences for biological storage systems.

What sets Chart Industries apart from its competitors?

Chart stands out due to its specialized cryogenic equipment, advanced process technologies like the IPSMR® system, global operational footprint, and full lifecycle support for its products.

What are some key applications of their cryogenic solutions?

Their cryogenic solutions are critical in air separation processes, natural gas liquefaction, and in the storage and transportation of liquid gases used across various industries.

How does the company demonstrate its expertise and reliability?

Chart Industries leverages decades of experience in engineering, complemented by innovative technology developments and a global network of manufacturing and service centers.

In what ways does Chart support clean energy initiatives?

The company provides advanced hydrogen liquefaction and compression solutions that are vital for clean energy projects, supporting the growing global shift towards sustainable energy without making speculative claims about future performance.

How does Chart ensure its products meet industry demands?

By integrating rigorous engineering standards, continuous product innovation, and comprehensive maintenance and digital monitoring solutions, Chart ensures its equipment remains reliable and highly efficient in complex industrial environments.
Chart Industries

NYSE:GTLS

GTLS Rankings

GTLS Stock Data

5.64B
42.17M
0.58%
117.18%
9.74%
Specialty Industrial Machinery
Fabricated Plate Work (boiler Shops)
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United States
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