Chart Industries Stock Price, News & Analysis

Flowserve Corporation (NYSE: FLS) reported strong Q2 2025 results, with solid bookings of $1.1 billion, including $621 million in aftermarket bookings. The company achieved significant margin improvements, with adjusted operating margin expanding 210 basis points to 14.6%. Q2 adjusted EPS reached $0.91, up 24.7% year-over-year.

Following these results, Flowserve increased its full-year 2025 adjusted EPS guidance to $3.25-$3.40, representing over 25% growth at the midpoint versus last year. The company also announced the termination of its merger agreement with Chart Industries, receiving a $266 million termination payment after Chart received a superior proposal from Baker Hughes.

Key financial metrics include $154.1 million in operating cash flow and a backlog of $2.85 billion, up 6.3% year-over-year. The company maintains its organic sales growth guidance of 3-4% for 2025.

Chart Industries (NYSE:GTLS) has announced the termination of its previously announced merger agreement with Flowserve Corporation (NYSE:FLS). The termination comes as Chart's Board of Directors determined that a competing acquisition proposal from Baker Hughes (Nasdaq:BKR) constitutes a "Superior Chart Proposal."

The company has subsequently entered into a definitive agreement with Baker Hughes, which was announced separately. Wells Fargo is acting as financial advisor, while Winston & Strawn LLP serves as legal advisor to Chart. Collected Strategies has been appointed as Chart's strategic communications advisor.

Flowserve Corporation (NYSE: FLS) has announced the termination of its previously announced merger agreement with Chart Industries (NYSE: GTLS). The termination comes after Chart received a superior proposal from Baker Hughes (NASDAQ: BKR). As per the merger agreement terms, Flowserve will receive a $266 million termination payment.

CEO Scott Rowe emphasized the company's strong position, highlighting their successful execution of the 3D growth strategy—Diversify, Decarbonize, and Digitize. The company remains focused on generating strong free cash flow and investing in innovation while maintaining financial discipline. The Flowserve Business System continues to enhance productivity, expand margins, and accelerate decision-making.

Chart Industries (NYSE:GTLS) has been selected by LNG Alliance to provide its IPSMR® process technology and modular liquefaction solution for the Amigo LNG export facility in Guaymas, Sonora, Mexico. The facility will have a capacity of 7.8 MTPA.

The collaboration leverages Chart's comprehensive IPSMR® solutions, including mid-scale modular components such as Mega Bay air-cooled heat exchangers, Tuf-Lite IV fans, and brazed aluminum heat exchangers. The modular approach aims to optimize facility economics while maintaining high operational efficiency through a smaller footprint and lower costs.

Chart Industries (NYSE:GTLS), a global leader in energy and industrial gas solutions, has announced it will release its second quarter 2025 financial results before market open on Thursday, July 31, 2025.

The company will host a conference call at 8:30 a.m. ET on the same day to discuss the results. Investors can access the call through toll-free and international dial-in numbers, and a live webcast will be available on the company's investor relations website. Presentation slides will be provided, and a replay of the call will be accessible until August 7, 2025.

Chart Industries (NYSE: GTLS), a global leader in energy and industrial gas solutions, has announced its participation in the J.P. Morgan Energy, Power, Renewables & Mining Conference in New York. The company's President and CEO Jill Evanko will engage in a fireside discussion on Tuesday, June 24th at 10:55 a.m. ET. Investors and interested parties can access a live audio webcast of the presentation through Chart Industries' website, with a replay available after the event concludes.

Chart Industries and Flowserve Corporation announced a merger of equals in an all-stock transaction, creating a combined company with an enterprise value of approximately $19 billion. Under the agreement, Chart shareholders will receive 3.165 shares of Flowserve stock for each Chart share, resulting in Chart shareholders owning 53.5% and Flowserve shareholders owning 46.5% of the combined entity. The merged company will generate approximately $8.8 billion in revenue, including $3.7 billion from aftermarket services. The combination is expected to yield $300 million in annual cost synergies within three years and revenue synergies representing 2% growth. The new entity will maintain an investment-grade balance sheet with a 2.0x leverage ratio and continue Flowserve's dividend policy. The merger is anticipated to close in Q4 2025, with Jill Evanko serving as Board Chair and Scott Rowe as CEO.

Chart Industries (NYSE: GTLS) reported strong Q1 2025 results with orders of $1.32 billion (up 17.3%) and record backlog of $5.14 billion. Sales reached $1.00 billion, showing 6.6% organic growth. The company achieved improved margins with reported gross profit margin of 33.9% (up 210 bps) and adjusted EBITDA margin of 23.1% (up 80 bps). Reported EPS was $0.99 ($1.86 adjusted). Despite negative Q1 free cash flow of $80.1 million due to seasonal factors, Chart maintains its 2025 guidance with expected sales of $4.65-4.85 billion, adjusted EBITDA of $1.175-1.225 billion, and adjusted EPS of $12.00-13.00. The company faces potential tariff impacts of ~$50 million but has mitigation strategies in place.

Chart Industries (NYSE: GTLS), a global leader in energy and industrial gas solutions, has announced it will release its first quarter 2025 earnings before market open on Thursday, May 1, 2025. The company will host a conference call at 8:30 a.m. ET on the same day to discuss the financial results.

Investors can participate in the Q&A session via toll-free number (+1) 800 549 8228 for North America or (+1) 289 819 1520 for other locations. A live webcast, replay, and presentation slides will be available on the company's investor relations website. A telephone replay will be accessible until May 8, 2025, using passcode 68945.