Welcome to our dedicated page for Chart Industries news (Ticker: GTLS), a resource for investors and traders seeking the latest updates and insights on Chart Industries stock.
Chart Industries, Inc. (NYSE: GTLS) regularly issues news that sheds light on its role in energy and industrial gas solutions, its participation in major projects, and its ongoing corporate transformation. The company describes itself as a global leader in the design, engineering, and manufacturing of process technologies and equipment for gas and liquid molecule handling, with a portfolio that spans LNG, hydrogen, biogas and CO2 capture applications.
News about Chart often covers large project awards and technology selections. Recent examples include being chosen by Bechtel Energy to supply air-cooled heat exchangers, brazed aluminum heat exchangers and cold boxes for Sempra Infrastructure’s Port Arthur LNG Phase 2 project, and LNG Alliance’s decision to adopt Chart’s IPSMR® process technology and modular liquefaction solution for the Amigo LNG export facility in Mexico. Such announcements highlight how Chart’s technologies are deployed in LNG export infrastructure and other energy projects.
Investors and industry observers will also find earnings releases and segment updates that detail order trends, sales by segment, margins and cash flow across Cryo Tank Solutions, Heat Transfer Systems, Specialty Products and Repair, Service and Leasing. These releases describe demand across LNG, hydrogen, data centers, space exploration, marine, nuclear, carbon capture and other end markets, as well as the growth of Chart’s aftermarket, service and repair activities and its Digital Uptime™ monitoring offering.
Another important category of news involves strategic and corporate developments. Chart has reported on the terminated stock-based merger agreement with Flowserve Corporation, the subsequent definitive agreement for an all-cash acquisition by Baker Hughes Company, shareholder approval of the Baker Hughes transaction, and related regulatory milestones. Leadership and governance updates, including the planned transition of CEO Jill Evanko to a Senior Advisor role and the appointment of Gerry Vinci as President, are also disclosed through company news.
For readers tracking GTLS, the news stream provides insight into Chart’s project pipeline, technology deployments, segment performance and the progress of its pending acquisition by Baker Hughes. Reviewing these updates over time can help contextualize the company’s strategic direction and its participation in clean energy and industrial gas markets.
Bloom Energy (NYSE: BE) and Chart Industries (NYSE: GTLS) have announced a strategic partnership focused on carbon capture technology. The collaboration aims to provide near zero-carbon, always-on power solutions using natural gas and fuel cells, targeting customers like data centers and manufacturers.
The partnership leverages Bloom's proprietary high-temperature fuel cell technology, which converts natural gas without combustion, producing a CO₂-rich stream with 15 times lower mass flow and ten times higher CO2 concentration compared to conventional technologies. Chart will process Bloom's high-purity CO2 exhaust stream for utilization or sequestration.
This initiative addresses the growing carbon storage market, which Morgan Stanley expects to reach over 500 million tonnes per annum of capacity within five years. The partnership offers an immediate pathway for carbon utilization while supporting long-term decarbonization efforts, making carbon capture more affordable and efficient for energy-intensive industries.
Chart Industries (NYSE: GTLS), a global leader in energy and industrial gas solutions, has announced it will release its fourth quarter and full year 2024 financial results before market open on February 28, 2025. The company will host a conference call at 8:30 a.m. ET on the same day to discuss the results.
Investors can join the live Q&A session via phone using toll-free number (+1) 800 549 8228 for North America or (+1) 289 819 1520 for other locations, with Conference ID: 69605. A live webcast, replay, and presentation slides will be available on the company's investor relations website. A telephone replay will be accessible until March 28, 2025, using passcode 69605.
Chart Industries (NYSE: GTLS) has been named to Newsweek's 2025 America's Most Responsible Companies list for the second consecutive year, significantly improving its position to rank #287 out of 600 companies nationwide, up 250 spots from 2024. The company achieved #32 ranking among 75 companies in the Capital Goods sector.
The recognition, determined by Newsweek and global data research firm Statista, evaluates companies based on environmental stewardship, social impact, and corporate governance. CEO Jill Evanko emphasized the company's commitment to innovation, sustainability, and community wellbeing.
Chart Industries, a global leader in clean energy and industrial gas solutions, continues to demonstrate progress in ESG initiatives. The company's 2023 Sustainability Report is available online, with the 2024 report scheduled for release in April 2025.
Chart Industries (NYSE: GTLS) has signed a global master goods and services agreement with ExxonMobil (NYSE: XOM) to provide LNG equipment, technology, and services for ExxonMobil's global portfolio of projects. The enabling agreement covers the supply of cold boxes and Chart's proprietary IPSMR® process technology.
The collaboration will implement a 'design once, build many' approach to optimize cost, schedule, and quality for LNG projects globally. This agreement builds upon Chart's existing involvement in ExxonMobil's Mozambique LNG project and aims to advance LNG production capabilities across multiple countries. Chart's cold boxes and IPSMR® technology are specifically designed to maximize efficiency, optimize performance, and support cost-effective LNG production.
Chart Industries (NYSE: GTLS), a global leader in clean energy and industrial gas solutions, has announced its participation in the Goldman Sachs Energy, CleanTech & Utilities Conference in Aventura, Florida. Jill Evanko, President and Chief Executive Officer, will engage in a fireside discussion on Wednesday, January 8th at 10:00 a.m. ET.
The event will be accessible through a live audio webcast on the company's website in the News and Events - Events and Presentations section. For those unable to attend, a replay of the webcast will be made available after the event concludes.
Chart Industries (NYSE: GTLS) has secured an order from Bechtel to provide IPSMR® liquefaction technology and cold boxes for Phase 1 of Woodside Energy's Louisiana LNG development. The project, formerly known as Driftwood LNG, will include two LNG plants with 16 cold boxes, supporting 11 MTPA of production. Each plant will feature four Heavies Removal Cold Boxes and four LNG Liquefaction Cold Boxes. The order, awarded in December 2024, will utilize Chart's energy-efficient IPSMR® process to support Woodside's clean energy initiatives.
Chart Industries (NYSE: GTLS) has announced that Cheniere Energy (NYSE: LNG) achieved its first LNG production from Train 1 of the Corpus Christi Stage 3 Liquefaction Project. Chart is supporting the project with its IPSMR® process technology for LNG Liquefaction and associated equipment. The commissioning process is ongoing, with substantial completion expected by the end of Q1 2025, which is more than six months ahead of the guaranteed completion date. Upon completion, Bechtel will transfer control of the train to Cheniere.
Chart Industries (NYSE: GTLS) has announced a $250 million share repurchase program authorized by its Board of Directors. The company can execute the buyback through various means, including open market transactions, block purchases, and privately negotiated transactions, in compliance with federal securities laws.
However, Chart emphasizes that no share repurchases or material cash acquisitions will occur until the company's net leverage falls below 2.5, unless necessitated by a significant market event. As of September 30, 2024, the company's net leverage ratio was 3.04. Chart expects to reduce its debt to $3 billion by the end of 2025, focusing on debt reduction, shareholder value, and capital deployment for growth.
Chart Industries (NYSE: GTLS), a global leader in clean energy and industrial gas solutions, has announced its participation in the Wells Fargo 23rd Annual Midstream, Energy & Utilities Symposium in New York. Jill Evanko, President and CEO, will engage in a fireside discussion on Wednesday, December 11th, with the webcast scheduled for 8:45 a.m. ET.
The presentation will be accessible via live audio webcast on the company's website, with a replay available after the event's conclusion.
Chart Industries (NYSE: GTLS), a global leader in clean energy and industrial gas solutions, announced its Capital Markets Day event on November 12, 2024, starting at 9:00 am ET. The company released a supplemental presentation to be discussed during the event and webcast. Additionally, Chart's management will participate in the Baird 2024 Global Industrial Conference in Chicago on November 13, 2024. The event will be accessible via live webcast on the company's website, with presentation slides available and a replay option after the event.