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Air Products Membrane Solutions Announces New PRISM® GreenSep LNG Membrane Separator for bio-LNG Production
Prnewswire· 2024-05-10 13:20
Air Products will Highlight the PRISM® GreenSep LNG membrane separator at BIOGAS AMERICAS 2024 in Savannah, Georgia LEHIGH VALLEY, Pa., May 10, 2024 /PRNewswire/ -- Air Products (NYSE: APD), the global leader in the production of gas separation and purification membranes, today announced the launch of the new PRISM® GreenSep liquefied natural gas (LNG) membrane separator for bio-LNG production. "As the world's leading supplier of technology for the LNG industry, the PRISM® GreenSep LNG membrane separator is ...
Air Products (APD) AP-DMR LNG Process Passes Performance Test
Zacks Investment Research· 2024-05-10 12:01
Air Products and Chemicals Inc. (APD) recently announced that its dual mixed refrigerant LNG Process technology (AP-DMR) and equipment, which has been deployed at the Coral South floating liquefied natural gas (FLNG) plant in Mozambique, Africa, has successfully passed its performance test. It achieved LNG production of more than 3.4 million tons annually.Air Products' proprietary AP-DMR LNG Process was chosen for its high efficiency, dependable operation and small footprint. AP-DMR's improved process effic ...
Steady Dividend Plays: 3 Aristocrat Stocks to Own Now
InvestorPlace· 2024-05-06 17:37
On Wall Street, many income-focused investors prioritize long-term stability and reliability over short-term volatility. Enter the Dividend Aristocrat stocks. These companies boast a remarkable track record of increasing their dividends for at least 25 consecutive years. Weathering market storms and economic downturns, they consistently reward shareholders with a dependable stream of income.But dividend aristocrat stocks offer more than just consistent payouts. They often represent well-established companie ...
Air Products Announces Successful Performance Test of AP-DMR™ LNG Process Technology for Coral South FLNG Facility
Prnewswire· 2024-05-06 15:30
First Floating LNG Plant Using the Company's Proprietary AP-DMR™ LNG Process LEHIGH VALLEY, Pa., May 6, 2024 /PRNewswire/ -- Air Products (NYSE: APD), the leader in liquefied natural gas (LNG) technology and equipment has announced its dual mixed refrigerant LNG Process technology (AP-DMR™) and equipment, which has been deployed at the Coral South floating liquefied natural gas (FLNG) plant in Mozambique, Africa, has successfully passed its performance test achieving LNG production above 3.4 million tons pe ...
Air Products to Showcase Decarbonization Solutions for Iron and Steel Production at AISTech2024
Prnewswire· 2024-05-02 15:30
Air Products Foundation will Donate up to $15,000 to the AIST Foundation LEHIGH VALLEY, Pa., May 2, 2024 /PRNewswire/ -- Air Products (NYSE:APD) will showcase industrial gas solutions and technologies for all phases of iron and steel production at AISTech2024 from May 6-9 at the Greater Columbus Convention Center, in Columbus, Ohio. Those attending are invited to stop by Air Products' booth, #2130, to speak with an industry specialist and learn more about Air Products' full suite of on-site gas supply offer ...
Here's What Key Metrics Tell Us About Air Products and Chemicals (APD) Q2 Earnings
Zacks Investment Research· 2024-04-30 19:00
For the quarter ended March 2024, Air Products and Chemicals (APD) reported revenue of $2.93 billion, down 8.4% over the same period last year. EPS came in at $2.85, compared to $2.74 in the year-ago quarter.The reported revenue represents a surprise of -7.03% over the Zacks Consensus Estimate of $3.15 billion. With the consensus EPS estimate being $2.72, the EPS surprise was +4.78%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wa ...
Air Products and Chemicals(APD) - 2024 Q2 - Earnings Call Transcript
2024-04-30 18:36
Air Products and Chemicals, Inc. (NYSE:APD) Q2 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Sidd Manjeshwar - Vice President of Investor Relations Seifi Ghasemi - Chairman, President & Chief Executive Officer Melissa Schaeffer - Chief Financial Officer Samir Serhan - Chief Operating Officer Conference Call Participants John McNulty - BMO Capital Markets Jeff Zekauskas - JPMorgan Steve Byrne - Bank of America David Begleiter - Deutsche Bank Duffy Fischer - Goldman Sachs Michae ...
Air Products (APD) Earnings Beat, Revenues Miss Estimates in Q2
Zacks Investment Research· 2024-04-30 16:16
Air Products and Chemicals, Inc. (APD) logged second-quarter fiscal 2024 (ended Mar 31, 2024) earnings from continuing operations of $2.57 per share, up from $1.97 recorded in the year-ago quarter. The bottom line was driven by lower charges for business and asset actions, favorable pricing and lower other costs, which were more than offset by reduced equity affiliates' income, lower volumes and increased interest expense.Barring one-time items, adjusted earnings per share were $2.85, beating the Zacks Cons ...
Air Products and Chemicals(APD) - 2024 Q2 - Quarterly Report
2024-04-30 14:57
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended 31 March 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-04534 AIR PRODUCTS AND CHEMICALS, INC. (Exact name of registrant as specified in its charter) Delaware 23-1274455 (State o ...
Air Products and Chemicals (APD) Beats Q2 Earnings Estimates
Zacks Investment Research· 2024-04-30 12:10
Air Products and Chemicals (APD) came out with quarterly earnings of $2.85 per share, beating the Zacks Consensus Estimate of $2.72 per share. This compares to earnings of $2.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.78%. A quarter ago, it was expected that this seller of gases for industrial, medical and other uses would post earnings of $2.99 per share when it actually produced earnings of $2.82, delivering a surp ...