About Chart Industries, Inc. - Common Stock (GTLS)
Chart Industries is a leading global manufacturer that focuses on providing equipment and technology for the energy and industrial sectors, particularly in the production and storage of cryogenic fluids. The company specializes in innovative solutions for LNG (liquefied natural gas), hydrogen, and industrial gas markets, offering a wide range of products including storage tanks, heat exchangers, and related services. Chart Industries is committed to advancing clean energy initiatives and enhancing operational efficiencies through its cutting-edge technologies, facilitating sustainable solutions in an evolving energy landscape. Read More
Shares of gas handling company Chart (NYSE:GTLS)
jumped 14.7% in the morning session after the company reported strong first quarter 2025 results which featured full-year EBITDA guidance well above analysts' expectations and a backlog that outperformed Wall Street estimates. The key highlight for the quarter was a record $5.14 billion backlog, fueled by double-digit growth in orders across multiple segments, including nuclear, LNG, and hydrogen, an early signal that customer demand remains durable despite macro uncertainties. Zooming out, we think this was a solid quarter.
Gas handling company Chart (NYSE:GTLS) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 5.3% year on year to $1.00 billion. The company’s full-year revenue guidance of $4.75 billion at the midpoint came in 2.5% above analysts’ estimates. Its non-GAAP profit of $1.86 per share was 1.8% above analysts’ consensus estimates.
Market swings can be tough to stomach, and volatile stocks often experience exaggerated moves in both directions.
While many thrive during risk-on environments, many also struggle to maintain investor confidence when the ride gets bumpy.
Chart currently trades at $127 per share and has shown little upside over the past six months, posting a middling return of 1%. However, the stock is beating the S&P 500’s 10.7% decline during that period.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the gas and liquid handling industry, including Gorman-Rupp (NYSE:GRC) and its peers.
ATLANTA, April 04, 2025 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in energy and industrial gas solutions, has scheduled a conference call for Thursday, May 1, 2025 at 8:30 a.m. ET to discuss its first quarter 2025 financial results. Chart plans to issue its first quarter 2025 earnings release prior to market open on May 1st.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn
as the industry has shed 8.6% over the past six months. This drop was worse than the S&P 500’s 1.6% loss.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Chart (NYSE:GTLS) and its peers.
Let’s dig into the relative performance of SPX Technologies (NYSE:SPXC) and its peers as we unravel the now-completed Q4 gas and liquid handling earnings season.
ATLANTA, March 11, 2025 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in energy and industrial gas solutions today announced our selection by Blue Spruce Operating LLC to provide the Nitrogen Rejection Unit (“NRU”) and helium process technology and associated equipment for their Dry Piney Helium and Carbon Sequestration Project to be located in Sublette County, WY.
