Chart Industries is a leading global manufacturer that focuses on providing equipment and technology for the energy and industrial sectors, particularly in the production and storage of cryogenic fluids. The company specializes in innovative solutions for LNG (liquefied natural gas), hydrogen, and industrial gas markets, offering a wide range of products including storage tanks, heat exchangers, and related services. Chart Industries is committed to advancing clean energy initiatives and enhancing operational efficiencies through its cutting-edge technologies, facilitating sustainable solutions in an evolving energy landscape.
Let’s dig into the relative performance of Flowserve (NYSE:FLS) and its peers as we unravel the now-completed Q3 gas and liquid handling earnings season.
ATLANTA, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in clean energy and industrial gas solutions, today announced that its Board of Directors has authorized a share repurchase program of up to $250.0 million of its common stock. Under the stock repurchase program, Chart may purchase shares of its common stock through various means, including open market transactions, block purchases, privately negotiated transactions or otherwise in accordance with applicable federal securities laws, including Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The program may be modified, discontinued or suspended at any time without prior notice.
ATLANTA, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in clean energy and industrial gas solutions, will present at the Wells Fargo 23rd Annual Midstream, Energy & Utilities Symposium in New York. Jill Evanko, President and Chief Executive Officer will participate in a fireside discussion on Wednesday, December 11th, and a webcast is scheduled for 8:45 a.m. ET.
Chart currently trades at $197 and has been a dream stock for shareholders. It’s returned 257% since November 2019, nearly tripling the S&P 500’s 90.5% gain. The company has also beaten the index over the past six months as its stock price is up 26.9%.
A look at the moves made by Viking Fund management in the third quarter, including the exits and new stakes and fund's largest positions at the end of Q3.
ATLANTA, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in clean energy and industrial gas solutions, is hosting a Capital Markets Day, today, November 12, 2024, at 9:00 am ET. A supplemental presentation was released this morning which will be discussed during the event and webcast.
Shares of gas handling company Chart (NYSE:GTLS)
jumped 11.3% in the morning session after the company reported impressive third-quarter earnings that exceeded analysts' backlog expectations. On the other hand, its full-year revenue guidance missed and its EBITDA guidance for the full year fell short of Wall Street's estimates. Overall, this was a mixed yet decent quarter.
Gas handling company Chart (NYSE:GTLS) fell short of the market’s revenue expectations in Q3 CY2024, but sales rose 18.3% year on year to $1.06 billion. The company’s full-year revenue guidance of $4.25 billion at the midpoint came in 3.5% below analysts’ estimates. Its non-GAAP profit of $2.18 per share was also 12.1% below analysts’ consensus estimates.
ATLANTA, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) today reported results for the third quarter ended September 30, 2024. Results shown are from continuing operations. When referring to any comparative period, all metrics are pro forma for continuing operations of the combined business of Chart and Howden (pro forma excludes the following businesses that were divested in 2023: Roots, American Fan, Cofimco and Cryo Diffusion). The Howden acquisition closed on March 17, 2023.
ATLANTA, Oct. 04, 2024 (GLOBE NEWSWIRE) -- ExxonMobil – on behalf of Mozambique Rovuma Venture (MRV), operator of the Area 4 concession in northern Mozambique’s Rovuma Basin – announces its strategic decision to select Chart Industries' (NYSE: GTLS) (“Chart”) IPSMR® liquefaction technology and proprietary equipment for the Rovuma LNG project at the Afungi peninsula.
ATLANTA, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in energy and industrial gas solutions, has scheduled a conference call for Friday, November 1, 2024 at 8:30 a.m. ET to discuss its third quarter 2024 financial results. Chart plans to issue its third quarter 2024 earnings release prior to market open on November 1st.
ATLANTA, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in energy and industrial gas solutions, will hold a Capital Markets Day at the New York Stock Exchange (“NYSE”) on November 12, 2024 from 9:00 a.m. to 11:00 a.m. eastern time. Our Capital Markets Day will be in-person as well as webcast from the company’s investor relations website. The registration link can be found here. Following our Capital Markets Day, the company will be meeting with institutional investors at Baird’s 2024 Global Industrial Conference in Chicago, Illinois on November 13, 2024.
