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Air Products & Chemicals Inc. - APD STOCK NEWS

Welcome to our dedicated news page for Air Products & Chemicals (Ticker: APD), a resource for investors and traders seeking the latest updates and insights on Air Products & Chemicals.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Air Products & Chemicals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Air Products & Chemicals's position in the market.

Rhea-AI Summary
Air Products (NYSE:APD) reported Q3 FY23 results, with GAAP EPS of $2.67, up 2%, and GAAP net income of $611 million, up 4%. Adjusted EPS was $2.98, up 16%, and adjusted EBITDA was $1.2 billion, up 12%. The company completed a financial close on the world's largest green hydrogen production facility, signed a $1 billion investment agreement with Uzbekistan, and announced LNG technology and equipment project wins. They also increased their fiscal 2023 full-year adjusted EPS guidance by $0.05 at the midpoint to $11.40 to $11.50, up 11 to 12% over the prior year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.85%
Tags
earnings
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Rhea-AI Summary
Air Products to supply LNG technology and equipment to NextDecade's Rio Grande LNG Phase 1 Project in Texas, with a production capability of approximately 17.6 million tonnes per annum (MTPA) of LNG. The project will use Air Products' coil-wound heat exchangers and AP-C3MR LNG Process technology. The LNG equipment will be manufactured at Air Products' facility in Florida.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
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none
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Rhea-AI Summary
Air Products, the leader in LNG technology and equipment, is making a significant investment to increase winding capacity at its LNG equipment manufacturing facility in Port Manatee, Florida. This investment will increase manufacturing capacity by almost 20%, on top of a previous expansion completed in 2019. The company expects that this increase in capacity, along with new fabrication methods, will improve equipment delivery schedules.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
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none
News
Rhea-AI Summary
Air Products (NYSE: APD) has declared a quarterly dividend of $1.75 per share of common stock. The dividend will be paid on November 13, 2023, to shareholders of record as of October 2, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
Tags
dividends
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Rhea-AI Summary
Air Products signs contract with Fermi Research Alliance for multi-year project at the Deep Underground Neutrino Experiment
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
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none
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Rhea-AI Summary
Air Products has been selected by Edmonton International Airport as the hydrogen and technology provider for Alberta's first hydrogen fuel cell passenger vehicle fleet. Air Products will station a mobile hydrogen refueler at the airport to provide hydrogen for the fleet of Toyota Mirai hydrogen fuel cell vehicles. The airport plans to expand the fleet to as many as 100 cars to serve as a taxi service. Fueling of the vehicles will begin next week.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.6%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.06%
Tags
earnings
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.12%
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none
Air Products & Chemicals Inc.

NYSE:APD

APD Rankings

APD Stock Data

54.04B
221.33M
0.32%
85.84%
1.06%
Industrial Gas Manufacturing
Manufacturing
Link
US
Allentown

About APD

air products touches the lives of consumers around the globe in positive ways every day. with more than 20,000 employees and operations in over 50 countries, we serve customers across a wide range of industries from food and beverage, health and personal care to energy, transportation and semiconductors. we supply a unique portfolio of atmospheric gases, process and specialty gases, performance materials, equipment and services. founded in 1940, air products has built a reputation for its innovative culture, operational excellence and commitment to safety and the environment. our aim is to develop lasting relationships with our customers and communities based on human qualities: understanding their needs, doing business with integrity and honesty, and demonstrating a passion for exceeding expectations. for more information, visit http://www.airproducts.com.