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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Chart Industries, Inc. (NYSE:GTLS ) Q2 2022 Earnings Conference Call July 29, 2022 8:30 AM ET Company Participants Jillian Evanko - President and Chief Executive Officer Joe Brinkman - Vice President and Chief Financial Officer Conference Call Participants John Walsh - Credit Suisse Eric Stine - Craig-Hallum Capital Group Ben Nolan - Stifel Chase Mulvehill - Bank of America Marc Bianchi - Cowen Robert Brown - Lake Street Martin Malloy - Johnson Rice and Company Gregory Lewis - BTIG Craig Shere - Tuohy Brothers Operator Good morning and welcome to Chart Industries, Inc. 2022 Second Quarter Results Conference Call. All lines have been placed on mute to prevent background noise.

Chart Industries, Inc.'s (GTLS) CEO Jillian Evanko on Q2 2022 Results - Earnings Call Transcript

Chart Industries (GTLS) delivered earnings and revenue surprises of 8.64% and 3.49%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Chart Industries (GTLS) Q2 Earnings and Revenues Top Estimates

ATLANTA, July 29, 2022 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) today reported results for the second quarter ended June 30, 2022. Further details can be found in the supplemental presentation accompanying this release and published in the investor relations section of our website.

Chart Industries Reports 2022 Second Quarter Results

ATLANTA, July 29, 2022 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (“Chart”) (NYSE: GTLS), a leading diversified global manufacturer of highly engineered cryogenic equipment and technologies for the industrial gas and clean energy industries, is pleased to announce the signing of a Memorandum of Understanding (“MOU”) with Wolf Carbon Solutions U.S. LLC (“Wolf”). Wolf is an affiliate of Wolf Midstream, a $4 billion multi-asset energy infrastructure organization based in Calgary, Alberta.

Wolf Carbon Solutions and Chart Industries sign MOU to collaborate on Carbon Capture Utilization and Storage (CCUS) Projects along Mt. Simon Hub System

The IBD SmartSelect Composite Rating for Chart Industries increased from 91 to 96 Thursday. The post Chart Industries Sees Composite Rating Climb To 96 appeared first on Investor's Business Daily.

Chart Industries Sees Composite Rating Climb To 96

ATLANTA, July 01, 2022 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) has scheduled a conference call for Friday, July 29, 2022, at 8:30 a.m. ET to discuss its second quarter 2022 financial results. Chart plans to issue its second quarter 2022 earnings release prior to market open on July 29th.

Chart Industries Schedules Second Quarter 2022 Earnings Release and Conference Call

ATLANTA, June 23, 2022 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) has received full notice to proceed (“FNTP”) for our IPMSR® process and equipment activities to be used in Cheniere's Corpus Christi Stage Three liquefied natural gas (LNG) export terminal project.

Chart Industries, Inc. Receives Full Notice to Proceed for Cheniere's Corpus Christi Stage Three LNG Export Terminal Project

ChartWater's AdEdge Center of Excellence and Calgon Carbon signed an agreement to partner in offering drinking water treatment systems to under-resourced, rural communities. ChartWater's AdEdge Center of Excellence and Calgon Carbon signed an agreement to partner in offering drinking water treatment systems to under-resourced, rural communities.

ChartWater™ and Calgon Carbon Announce Referral Agreement

Chart Industries, Inc. (NYSE: GTLS) has acquired Fronti Fabrications, Inc. for $20 million. Fronti is a specialist in engineering, machining, and welding for the cryogenic and gas industries; and also supplies new build pressure vessels and performs repairs with certification to the.

Chart Industries Acquires Fronti Fabrications For $20M

ATLANTA, May 31, 2022 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (“Chart”) (NYSE: GTLS), a leading global manufacturer of liquefaction and cryogenic equipment serving multiple applications in the energy and industrial gas end markets, today completed the acquisition of Fronti Fabrications, Inc. (“Fronti”) for $20 million (subject to customary adjustments). Fronti is a specialist in engineering, machining and welding for the cryogenic and gas industries, and also supplies new build pressure vessels and performs repairs with certification to American Society of Mechanical Engineers (ASME) code. With over 20 years of experience in liquefaction, heat exchangers and cold boxes, Fronti adds a known team to expand Chart's cold box manufacturing capacity and capability, including work currently underway on Chart hydrogen and helium liquefiers. Given our continued demand for Big LNG, small-scale LNG and hydrogen/helium liquefaction, having more than one United States cold box fabrication facility (in addition to our New Iberia, Louisiana location) adds agility and capacity to further improve our delivery lead-times and be prepared for the anticipated increase in demand in the coming years.

Chart Industries Acquires Fronti Fabrications

ATLANTA, May 31, 2022 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (“Chart”) (NYSE: GTLS), a leading global manufacturer of liquefaction and cryogenic equipment serving multiple applications in the energy and industrial gas end markets, provides an update to their environmental, social and governance (“ESG”) and sustainability progress.

Chart Industries Provides ESG Update

ATLANTA, May 18, 2022 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (“Chart”) (NYSE: GTLS), a leading global manufacturer of liquefaction and cryogenic equipment serving multiple applications in the energy and industrial gas end markets, completed the acquisition of CSC Cryogenic Service Center AB, a Swedish company (“CSC”) for approximately $4 million.

Chart Industries Acquires Cryogenic Service Center AB (CSC)

ATLANTA, May 05, 2022 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS), a leading diversified global manufacturer of highly engineered equipment for the industrial gas and clean energy industries, is hosting an Investor Day at the New York Stock Exchange today. Further details can be found in the supplemental presentation accompanying this release and published in the investor relations section of our website. Highlights of the Investor Day 2022 include:

Chart Industries Hosts Investor Day 2022 at the NYSE Today

The specialty industrial company not only beat on Q1 revenue and earnings, it crushed expectations with its guidance, too.

Why Chart Industries Flew Higher on Friday

Chart Industries, Inc. (NYSE:GTLS ) Q1 2022 Earnings Conference Call April 29, 2022 8:30 AM ET Company Participants Jill Evanko - President and Chief Executive Officer Joe Brinkman - Vice President and Chief Financial Officer Conference Call Participants John Walsh - Credit Suisse Martin Malloy - Johnson Rice Chase Mulvehill - Bank of America Eric Stine - Craig Hallum Ben Nolan - Stifel Robert Brown - Lake Street Capital Marc Bianchi - Cowen Tom Hayes - Northcoast Research Ian Macpherson - Piper Sandler Pavel Molchanov - Raymond James Atidrip Modak - Goldman Sachs Craig Shere - Tuohy Brothers Operator Good morning and welcome to the Chart Industries, Inc. 2022 First Quarter Results Conference Call. All lines have been placed on mute to prevent background noise.

Chart Industries, Inc. (GTLS) CEO Jill Evanko on Q1 2022 Results - Earnings Call Transcript

Chart Industries, Inc. (NYSE: GTLS) reported first-quarter FY22 sales growth of 22.7% year-over-year to $354.1 million, missing the consensus of $354.9 million. Adjusted EPS declined to $0.65 from $0.73 in 1Q21, beating the consensus of $0.55.

Chart Industries Shares Gain On Q1 EPS Beat

Chart Industries (GTLS) delivered earnings and revenue surprises of 8.77% and 0.57%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Chart Industries (GTLS) Tops Q1 Earnings and Revenue Estimates

ATLANTA, April 29, 2022 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) today reported results for the first quarter ended March 31, 2022. Further details can be found in the supplemental presentation accompanying this release and published in the investor relations section of our website.

Chart Industries Reports 2022 First Quarter Results

Chart Industries (GTLS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Chart Industries (GTLS) Expected to Beat Earnings Estimates: Should You Buy?

ATLANTA, April 13, 2022 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS), a leading diversified global manufacturer of highly engineered equipment for the industrial gas and clean energy industries, today released its 2021 Environmental, Social and Governance Performance Report, which is posted in the ESG section of our website. In the report, we highlight our carbon reduction efforts, how we help our customers accomplish their ESG targets and safety records, as well as our diversity and inclusion initiatives.

Chart Industries Releases Third Annual Sustainability Report and ESG Metrics

ATLANTA, April 08, 2022 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS), a leading diversified global manufacturer of highly engineered equipment for the industrial gas and clean energy industries, is hosting an Investor Day at the New York Stock Exchange on Thursday, May 5, 2022.   Those interested in attending must register for the event on the company's website at https://investorday.chartindustries.com/; Registration for the event will close on April 25, 2022.

Chart Industries 2022 Investor Day Registration is Open

ATLANTA, April 01, 2022 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) has scheduled a conference call for Friday, April 29, 2022, at 8:30 a.m. ET to discuss its first quarter 2022 financial results. Chart plans to issue its first quarter 2022 earnings release prior to market open on April 29th.

Chart Industries Schedules First Quarter 2022 Earnings Release and Conference Call

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ATLANTA, March 31, 2022 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS), a leading diversified global manufacturer of highly engineered equipment for the industrial gas and clean energy industries, has been recognized as a winner in the 2022 Manufacturing Leadership Awards for its outstanding achievements covering three separate projects.

Chart Industries Recognized as Manufacturing Leadership Awards 2022 Winner

Chart Industries (GTLS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

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