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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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Ingersoll Rand completes acquisition of Howden Roots LLC for $300 million, expanding their product portfolio with low-pressure compression and vacuum technologies.
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Energy Capital Vietnam, SaigonTel, Allotrope Partners, Chart Industries, and Babcock & Wilcox have signed a cooperation agreement to develop Vietnam's first net zero industrial parks and advance its national carbon emissions goals. The partners will focus on developing and implementing net zero strategies at SaigonTel's Tan Tap and Nam Tan Tap Industrial Parks. This agreement is a significant step towards developing Vietnam's first net zero industrial parks and mobilizes provincial action plans to support national decarbonization goals.
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GTLS: Chart Industries, Inc. Announces Collaboration with 8 Rivers Capital for Clean Energy Technologies. The MOU aims to integrate Chart's cryogenic, compression, and process technologies with 8 Rivers' clean energy solutions. This partnership will help 8 Rivers deliver reliable and cost-effective clean energy solutions, positioning Chart as a key supplier for various liquefaction and refrigeration equipment technologies.
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Chart Industries, Inc. (NYSE: GTLS) reported Q2 2023 results, including record total backlog of $3.96 billion, $1.06 billion in orders, $908.1 million in sales, and reported gross profit of $280.6 million. The company achieved $94.3 million of commercial synergies and $96.5 million of cost synergies, with a net leverage ratio of 3.86. They signed agreements to sell Roots™ business for $300 million and Cofimco fans business for $80 million.
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Dalian Clean Energy Group (DCEG) selects Chart Industries for hydrogen compression solutions for its groundbreaking hydrogen production project in China. The project integrates shoal photovoltaic, energy storage, seawater desalination, and hydrogen production, representing China’s first hydrogen production project of isolated power system operation. The initial investment is approximately 800 million RMB, with the first phase scheduled for completion and operation in October 2023, expected to generate 137 million KWH of green electricity annually and produce 2,000 tons of green hydrogen per year.
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Chart Industries, Inc. (NYSE: GTLS) announced that X-Energy Reactor Company, LLC. has selected Chart as its preferred strategic supplier of its helium circulator system into its Xe-100 high temperature gas cooled advanced modular reactor for the UK market. This supports the UK government’s strategy in creating new jobs and achieving its target of 24GW of nuclear energy by 2050.
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Chart Industries, Inc. has scheduled a conference call on July 28, 2023, to discuss its second quarter 2023 financial results. The company plans to issue its earnings release prior to market open on the same day. Participants can join the live Q&A session by dialing in with the provided information. A live webcast and replay will be available on the company's investor relations website.
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FAQ

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

The current stock price of Chart Industries (GTLS) is $121.06 as of April 22, 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

5.65B
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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