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LNG Alliance Selects Chart Industries' IPSMR® Process Technology and Modular Solution
GlobeNewswire News Room· 2025-07-11 11:30
Core Insights - LNG Alliance has selected Chart Industries' IPSMR® technology for its Amigo LNG export facility in Guaymas, Sonora, Mexico, with a capacity of 7.8 MTPA [1][4] - The IPSMR® process technology is recognized for its efficiency and performance in liquefaction, allowing for tailored systems that optimize operational efficiency and reduce costs [2][3] - The partnership aims to deliver a modular mid-scale solution that enhances efficiency, reduces footprint, and lowers costs for LNG operations [4] Company Overview - Chart Industries is a global leader in designing and manufacturing process technologies for gas and liquid molecule handling, with a focus on clean energy solutions [5] - The company operates 64 manufacturing locations and over 50 service centers worldwide, emphasizing accountability and transparency [5] - LNG Alliance, established in 2013, focuses on LNG export and import terminal infrastructure, leveraging partnerships to provide reliable energy solutions [6]
LNG Alliance Selects Chart Industries’ IPSMR® Process Technology and Modular Solution
Globenewswire· 2025-07-11 11:30
ATLANTA, July 11, 2025 (GLOBE NEWSWIRE) -- LNG Alliance Pte Ltd (“LNG Alliance”), an integrated provider of LNG export terminal infrastructure and LNG supply, has announced its strategic decision to select Chart Industries' (NYSE: GTLS) (“Chart”) IPSMR® (Integrated Pre-cooled Single Mixed Refrigerant) process technology and modular liquefaction solution for its Amigo LNG export facility with a capacity of 7.8 MTPA in Guaymas, Sonora, Mexico. Chart Industries' cutting-edge IPSMR® process technology sets the ...
Chart Industries (GTLS) Moves 3.3% Higher: Will This Strength Last?
ZACKS· 2025-06-30 13:46
Group 1 - Chart Industries (GTLS) shares increased by 3.3% to $167.81, with a higher-than-average trading volume, compared to a 2.2% gain over the past four weeks [1] - The company's growth is driven by strong demand in hydrogen, LNG, water treatment, and power generation markets, with significant orders for nuclear, space exploration, marine, and HLNG vehicle tanks [2] - Quarterly earnings are expected to be $2.62 per share, reflecting a year-over-year increase of 20.2%, while revenues are projected at $1.12 billion, up 7.5% from the previous year [2] Group 2 - The consensus EPS estimate for Chart Industries has been revised down by 0.5% over the last 30 days, indicating a potential negative trend in earnings estimate revisions [4] - A negative trend in earnings estimate revisions typically does not lead to price appreciation, suggesting caution in the stock's future performance [4] - Chart Industries holds a Zacks Rank of 3 (Hold), indicating a neutral outlook compared to other stocks in the Zacks Manufacturing - General Industrial industry [5]
Chart Industries to Announce Second Quarter 2025 Results on July 31
Globenewswire· 2025-06-30 11:30
Core Insights - Chart Industries, Inc. is set to discuss its Q2 2025 financial results on July 31, 2025, at 8:30 a.m. ET, with earnings release prior to market open on the same day [1] - The company provides a live Q&A session for participants, with specific dial-in information provided [2] Company Overview - Chart Industries is a global leader in designing, engineering, and manufacturing process technologies and equipment for gas and liquid molecule handling, focusing on clean power, clean water, clean food, and clean industrials [3] - The company has a diverse product portfolio used throughout the liquid gas supply chain, including engineering, service, repair, installation, preventive maintenance, and digital monitoring [3] - Chart is a prominent provider of technology and services related to liquefied natural gas, hydrogen, biogas, and CO2 capture, among other applications [3] - The company operates 64 global manufacturing locations and over 50 service centers across various regions, ensuring accountability and transparency [3]
Chart Industries (GTLS) 2025 Conference Transcript
2025-06-24 15:55
Summary of Chart Industries (GTLS) Conference Call Company Overview - **Company**: Chart Industries (GTLS) - **Merger**: Recently announced merger with Flowserve, creating a differentiated industrial process technology company that combines thermal management and flow management [3][4] Key Points from the Conference Call Merger Details - The merger aims to create a scaled company that positions itself against multi-industry peers like Ingersoll Rand and Dover [4] - The combination is expected to enhance revenue growth opportunities, margin levers, earnings durability, and balance sheet flexibility [5][26] Revenue Growth Opportunities - The merger is projected to increase revenue growth opportunities beyond what Chart and Flowserve could achieve independently [10] - Chart's standalone commercial pipeline is valued at approximately $24 billion, which is expected to amplify with the merger [12] - Specific applications such as LNG, hydrogen, and carbon capture are anticipated to see a 10% increase in content due to the merger [12] - The combined company will have access to 200 service centers globally, increasing aftermarket service coverage from 40% to a target of 80% [18] Margin Expansion - The merger is expected to yield $300 million in cost synergies, equating to about 3% of revenue [8] - Cost synergies will come from procurement, back office savings, and roofline consolidation [23] - The combination is expected to enhance margin durability due to a higher proportion of aftermarket services, which are generally higher margin [21][38] Earnings Durability and Resilience - The combined company is expected to generate less cyclical results and have more predictable revenue, with over 40% of revenues coming from aftermarket services [26] - The merger is anticipated to reduce dependence on large projects, enhancing earnings predictability [26] Balance Sheet Flexibility - The transaction is structured to target an investment-grade rating, with a projected net leverage ratio of approximately 2 at close [27] - Improved EBITDA to cash conversion is expected, enhancing cash culture and resilience [27] Market and Geographic Expansion - The merger will allow Chart to leverage Flowserve's relationships in nuclear, chemicals, and refining markets, particularly in Asia Pacific [14][32] - The combined company aims to address high-growth end markets, including LNG and data centers, with enhanced product offerings [34][52] Aftermarket Services - The aftermarket segment is projected to constitute 42% of the pro forma business, which is expected to drive higher margins and recurring revenue [38] - Long-term service agreements are anticipated to increase due to the expanded footprint and capabilities from the merger [40] Operational Updates - Chart expects the second quarter of 2025 to have a book-to-bill ratio above one, indicating strong order trends [47][48] - The company is tracking well against its operational financial targets for the second quarter and the remainder of the year [53] Additional Insights - The merger is seen as a strategic move to create a differentiated industrial process technology company, with expectations to outperform peers in high-growth markets [30] - The integration process is underway, with a focus on regulatory filings and shareholder votes before the merger closes [27][29] This summary encapsulates the key points discussed during the conference call, highlighting the strategic implications of the merger and the anticipated benefits for Chart Industries and its stakeholders.
Renergen's Phase 2 EPC Contractor Awarded Preferred Bidder Status
GlobeNewswire News Room· 2025-06-18 14:11
Group 1 - Renergen has awarded preferred bidder status to He4u consortium for Phase 2 of the Tetra4 LNG and helium liquefaction project, which includes Chart Industries, WBHO, and Aurex Constructors [1][2] - The award signifies that Chart Industries' technologies for helium liquefaction and LNG liquefaction have been chosen as the preferred technical solution for the project [2] - The involvement of local construction partners like Aurex and WBHO is expected to enhance the execution of large projects in South Africa [2][4] Group 2 - Chart Industries is a leading global manufacturer of equipment for energy and industrial gas applications, with operations in over 50 countries [3] - WBHO is one of the largest construction companies in Southern Africa, specializing in various construction activities and listed on the Johannesburg Securities Exchange [3] - Aurex Constructors has over 40 years of experience in the energy sector, focusing on quality and safety in delivering construction and maintenance solutions [4] Group 3 - Chart Industries expressed enthusiasm about being selected as the technology partner for Tetra4's liquefaction needs, indicating readiness to provide engineering solutions [5] - Renergen's CEO highlighted the experienced team executing Phase 2 on a turnkey basis, which is expected to significantly reduce execution risk [6]
Renergen’s Phase 2 EPC Contractor Awarded Preferred Bidder Status
Globenewswire· 2025-06-18 14:11
Group 1 - Renergen has awarded preferred bidder status to He4u consortium for Phase 2 of the Tetra4 LNG and helium liquefaction project, which includes Chart Industries, WBHO, and Aurex Constructors [1][2] - The award signifies that Chart Industries' technologies for helium liquefaction and LNG liquefaction have been chosen as the preferred technical solution for the project [2] - The involvement of local construction partners like Aurex and WBHO is expected to enhance project execution due to their experience in large-scale projects in South Africa [2][4] Group 2 - Chart Industries is a leading global manufacturer of equipment for energy and industrial gas applications, with operations in over 50 countries [3] - WBHO is one of the largest construction companies in Southern Africa, specializing in various construction activities and listed on the Johannesburg Securities Exchange [3] - Aurex Constructors has over 40 years of experience in the energy sector, focusing on quality and safety in delivering construction and maintenance solutions [4] Group 3 - Chart Industries expressed enthusiasm about being selected as the technology partner for Tetra4's liquefaction needs, indicating readiness to provide engineering solutions at scale [5] - Renergen's CEO highlighted the strength of the team executing Phase 2 on a turnkey basis, which is expected to significantly reduce execution risk [6]
Chart Industries to Present at J.P. Morgan Energy, Power, Renewables & Mining Conference
Globenewswire· 2025-06-13 11:30
ATLANTA, June 13, 2025 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in energy and industrial gas solutions, will present at the J.P. Morgan Energy, Power, Renewables & Mining Conference in New York. Jill Evanko, President and Chief Executive Officer will participate in a fireside discussion on Tuesday, June 24th, and a webcast is scheduled for 10:55 a.m. ET. A live audio webcast will be available on the company’s website at: Chart Industries, Inc. | News and Events - Ev ...
GTLS Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Chart Industries, Inc. With Flowserve Corporation
GlobeNewswire News Room· 2025-06-09 13:40
Group 1 - The law firm Wohl & Fruchter LLP is investigating the fairness of the proposed merger between Chart Industries, Inc. and Flowserve Corporation, which involves an all-stock transaction where Chart shareholders will receive 3.165 shares of Flowserve for each share of Chart owned [1][3]. - The investigation aims to determine if the Chart Board of Directors acted in the best interests of Chart shareholders regarding the merger approval and whether the exchange ratio is fair [4]. - Wohl & Fruchter LLP has a history of representing investors in litigation related to corporate misconduct and has recovered hundreds of millions of dollars for investors [4]. Group 2 - Shareholders of Chart Industries who have concerns about the fairness of the merger can contact Wohl & Fruchter LLP for a discussion of their legal rights at no charge [2]. - The investigation was initiated following the announcement of the merger on June 4, 2025 [3]. - The firm encourages Chart shareholders to reach out via their website or contact information provided for further assistance [5].
查特工业(GTLSUS):成为过程工业领域领军者,兼备强大的液化天然气与核能服务能力
Haitong Securities International· 2025-06-06 09:33
[Table_Title] 研究报告 2025 年 6 月 6 日 查特工业(GTLS US) 成为过程工业领域领军者;兼备强大的液化天然气与核能服务能力 Scott Darling Catherine Li scott.darling@htisec.com catherine.dy.li@htisec.com [Table_yemei1] 热点速评 Flash Analysis [Table_summary] (本报告为 2025 年 6 月 4 日发布的英文报告的翻译版,以原稿为准) 美国清洁能源及工业气体市场工程设备制造商查特工业宣布与全球流量控制系统制造及后市场服务龙头企业福斯通过 交易股票完成对等合并,预计将于 2025 年第四季度完成,见相关报告。公司称此次"变革性合并"将提供互补性产品 组合,覆盖多元化且具吸引力的终端市场。合并后,公司将实现更广泛的客户覆盖、更数字化的集成系统,以及从前 端设计到售后服务的差异化行业解决方案。总体而言,尽管当前关税问题和地缘政治环境使得合并时机显得特殊, 但我们认为此次合并对双方企业及客户而言在优化资源配置和机遇获取方面具有合理逻辑。 点评 交易详情:查特工业股 ...