Chart Industries Stock Price, News & Analysis

Chart Industries (NYSE: GTLS) was awarded a contract in Q3 2025 by Bechtel to supply air-cooled heat exchangers, brazed aluminum heat exchangers, and cold boxes for Sempra Infrastructure’s Port Arthur LNG Phase 2 development in Jefferson County, Texas. Chart previously supplied equipment for Phase 1 and will continue supporting the site’s expansion to help ensure reliable, efficient LNG operations. Chart's CEO Jill Evanko commented on the company’s role and congratulated Sempra Infrastructure and Bechtel on project progress and scale-up decisions.

Chart Industries (NYSE: GTLS) shareholders approved the company’s acquisition by Baker Hughes (NASDAQ: BKR) at a special meeting held on October 6, 2025.

Under the definitive merger agreement, Chart shareholders will receive $210.00 per share in cash upon closing. Management said the vote delivers the transaction to shareholders and the company expects completion by mid‑2026, subject to customary closing conditions and required regulatory approvals. Final voting totals will be reported in a Form 8‑K filed with the SEC.

Chart Industries (NYSE: GTLS) reported strong Q2 2025 financial results with orders reaching $1.50 billion, up 28.6% year-over-year. Sales increased 4.0% to $1.08 billion, while adjusted EPS grew 18.8% to $2.59.

Key performance metrics include adjusted EBITDA of $267.3 million (24.7% of sales) and free cash flow of $124.0 million, up 40.9%. The company maintained strong gross margins at 33.6% and achieved an adjusted operating income margin of 21.1%. Notably, Chart's commercial pipeline reached a record $24 billion.

The company announced it will be acquired by Baker Hughes and has withdrawn its 2025 guidance. Significant growth was seen across segments, with space exploration sales up 60.7%, hydrogen sales increasing 29.3%, and LNG sales growing 37.6% year-over-year.

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.