Chart Industries, Inc. is an independent global leader in the design, engineering, and manufacturing of process technologies and equipment for gas and liquid molecule handling for the Nexus of Clean™ - clean power, clean water, clean food, and clean industrials, regardless of molecule. The company's unique product and solution portfolio across stationary and rotating equipment is used in every phase of the liquid gas supply chain, including engineering, service and repair and from installation to preventive ...

Core Viewpoint - Chart Industries, Inc. has secured a significant order from Repsol for hydrogen compression solutions, which is part of Repsol's expansion project in Portugal, despite a recent decline in GTLS stock price [1][3]. Group 1: Company Overview - Chart Industries, Inc. (GTLS) specializes in advanced hydrogen compression solutions and has recently been involved in multiple significant projects [1][5]. - Repsol, headquartered in Madrid, Spain, is a major player in the petrochemical industry, producing a range of products including recyclable polyolefins [2]. Group 2: Project Details - Repsol's expansion at the Sines industrial complex includes the construction of two plants for polypropylene and polyethylene, with a total investment of €657 million [3]. - The new plants will utilize solar-powered green electrolytic hydrogen to produce 100% recyclable polymeric materials for various industries, including pharmaceuticals, food, and automotive [3]. Group 3: Deal Specifics - Under the agreement, Chart Industries will provide two diaphragm compressors to ensure the consistent delivery of high-pressure hydrogen for polymer production [4]. - In addition to the Repsol deal, Chart Industries has secured other notable contracts, including a partnership with GasLog LNG Services for a liquid hydrogen supply chain and an order from Element Resources for a green hydrogen production facility in California [5][6]. Group 4: Market Performance - Over the past three months, GTLS stock has increased by 4.3%, contrasting with a 3% decline in the broader industry [7]. - The company is expected to benefit from a solid order backlog and growth investments, although it faces challenges from supply chain constraints and rising raw material costs [8].

Repsol's expansion project at its Sines facility is a strategic move towards achieving 100% recyclable high- value materials from two new Polypropylene and Polyethylene plants. This plant will utilize solar-powered green electrolytic hydrogen, aligning with Repsol's commitment to fostering their energy transition initiatives and achieving net-zero emissions by 2050. ATLANTA, May 28, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE:GTLS) ("Chart"), a global leader in clean energy and industrial gas solu ...

ATLANTA, May 10, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE:GTLS) ("Chart"), a leading global solutions provider to clean energy and industrial gas markets, announces the participation of its executives in several upcoming conferences. Citi's 2024 Energy and Climate Technology Conference on May 14TD Cowen's 2nd Annual Sustainability Week on May 22 A live webcast presentation at 10:50 am Eastern Time will be available on the company's website Chart Industries, Inc. | Events and Presentations Craig ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the transition period from to Commission File Number: 1-11442 CHART INDUSTRIES, INC. (Exact name of registrant as specified in its charter) FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other jurisdiction of incorporation ...

Q1 2024 Financial Performance - Orders, backlog, sales, reported and adjusted gross margin, reported and adjusted operating margin, reported and adjusted EBITDA and associated EBITDA margin were all the highest in any first quarter in the company's history[14] - Pro forma organic orders and sales growth were 4.9% and 18.3% year-over-year, respectively[14] - Reported gross margin was 31.8%, a 260 basis point increase compared to Q1 2023[14] - Adjusted operating income was $171.3 million, or 18.0%, contributing to adjusted EBITDA of $212.2 million, or 22.3%[14] - Record backlog of $4.3 billion, up 10% compared to Q1 2023[14] Liquidity and Leverage - Q1 2024 net leverage ratio was 3.43X, reflecting cash seasonality, the company is on track to target a net leverage ratio of 2.0 to 2.5X[2] - The company reiterates its financial policy and target net leverage ratio of 2.0X to 2.5X[2] - Adjusted Free Cash Flow was negative $135.7 million in Q1 2024[38] Segment Performance - Cryo Tank Solutions orders were $159.3 million, sales were $159.7 million, and gross profit margin was 20.5%[25] - Heat Transfer Systems orders were $237.3 million, sales were $253.6 million, and gross profit margin was 27.6%[25] - Specialty Products orders were $391.3 million, sales were $236.5 million, and gross profit margin was 24.9%[25]

1 • Orders, backlog, sales, reported and adjusted gross margin, reported and adjusted operating margin, reported and adjusted EBITDA and associated EBITDA margin were all the highest in any first quarter in our history • Orders of $1.12 billion, an increase of 4.3% which contributed to record backlog of $4.33 billion • Sales of $950.7 million, an increase of 17.4%; pro forma organic growth of 18.3% net of a foreign exchange headwind of (0.9%) • Reported gross margin of 31.8%, an increase of 260 basis points ...

Investors are always looking for stocks that are poised to beat at earnings season and Chart Industries, Inc. (GTLS) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Chart Industries is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a p ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Z ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, April 30:Pilgrim's Pride Corporation (PPC) : This poultry and meat processing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.Pilgrim's Pride Corporation has a price-to-earnings ratio (P/E) of 11.88 compared with 16.40 for the industry. The company possesses a Value Score of A.Chart Industries, Inc. (GTLS) : ...