STOCK TITAN

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.

Rhea-AI Summary
Chart Industries, Inc. will present at the Baird Global Industrial Conference. President and CEO, Jill Evanko, will participate in a fireside discussion on November 9th at 1:35pm ET. A live webcast will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
conferences
-
Rhea-AI Summary
Chart Industries, Inc. has completed the sale of Cofimco s.r.l. to PX3 Partners for $80 million in cash.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
none
-
Rhea-AI Summary
Chart Industries reports strong Q3 2023 results, with record backlog and orders. Sales of $897.9 million increased 9.8% YoY. Gross profit as a percent of sales was 30.8%, adjusted for one-time items, 31.8%. Operating income increased 9.1% QoQ. Adjusted EBITDA was $195.0 million, up 440 bps YoY. Full-year sales guidance updated to $3.45 billion to $3.50 billion, adjusted EBITDA $745 million to $760 million, adjusted FCF $335 million to $350 million, adjusted EPS $6.05 to $6.25. 2024 outlook remains strong. Backlog at a record $4.1 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.87%
Tags
Rhea-AI Summary
Chart Industries, Inc. has divested its American Fan business to Fairbanks Morse Defense for $111 million in an all-cash deal. The divestiture is part of Chart's debt reduction plan, with proceeds totaling approximately $500 million in 2023. The sale will support Chart's target net leverage ratio range of 2.5 to 2.9 by mid-2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.87%
Tags
none
-
Rhea-AI Summary
Chart Industries, Inc. (NYSE: GTLS) has scheduled a conference call on October 27th to discuss its third quarter 2023 financial results. The company will also hold its 2023 Investor Day on November 28th at the New York Stock Exchange.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
-
Rhea-AI Summary
Chart Industries, Inc. has successfully syndicated the repricing of its $1,781 million senior secured term loan facility, resulting in a reduction of 0.50% per annum compared to the previous margin. This is expected to result in cost savings of approximately $9 million in annual interest expense on the Term Loan. The repricing is an important step in optimizing the company's capital structure and has received strong lender demand. The transaction is expected to close in October 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
Tags
none
Rhea-AI Summary
Chart Industries, Inc. to present at CL King’s Annual Best Ideas Conference 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.73%
Tags
conferences
-
Rhea-AI Summary
Successful completion of Hyzon's first commercial run with a liquid hydrogen fuel cell electric vehicle (LH2 FCEV) demonstrates the viability of on-board liquid hydrogen to fuel long-distance, zero-emission transport. Liquid hydrogen allows Hyzon to increase the amount of fuel on board significantly. Liquid hydrogen as a fuel source has been estimated to be up to $5 per kilogram less expensive all-in to dispense than high-pressure gaseous hydrogen, providing meaningful benefits to fleet owners. Hyzon sees liquid hydrogen as the economical approach to long-range zero-emission trucking.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
Tags
none
-
Rhea-AI Summary
Eddyline Brewery becomes the first craft brewery in New Zealand to implement Chart Industries' carbon capture technology to reduce greenhouse gas emissions. They have won 18 medals at the New Zealand Beer Awards for their beers powered by recovered CO2.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.56%
Tags
none
Rhea-AI Summary
Chart Industries, Inc. closes sale of Roots business to Ingersoll Rand for $300 million, using proceeds for debt paydown. Expects to reach target net leverage ratio by mid-2024 and achieve cost and commercial synergy targets of $175 million and $150 million respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
Tags
none

FAQ

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

The current stock price of Chart Industries (GTLS) is $125.63 as of April 15, 2025.

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

The market cap of Chart Industries (GTLS) is approximately 5.7B.

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

5.70B
42.17M
0.58%
117.18%
9.74%
Specialty Industrial Machinery
Fabricated Plate Work (boiler Shops)
Link
United States
BALL GROUND