ATLANTA, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in clean energy and industrial gas solutions, will present at the Goldman Sachs Energy, CleanTech & Utilities Conference in Aventura, Florida. Jill Evanko, President and Chief Executive Officer will participate in a fireside discussion on Wednesday, January 8th, and a webcast is scheduled for 10:00 a.m. ET. A live audio webcast will be available on the company’s website at: Chart Industries, Inc. | News ...

ATLANTA, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE:GTLS) ("Chart"), a global leader in clean energy and industrial gas solutions, will present at the Goldman Sachs Energy, CleanTech & Utilities Conference in Aventura, Florida. Jill Evanko, President and Chief Executive Officer will participate in a fireside discussion on Wednesday, January 8th, and a webcast is scheduled for 10:00 a.m. ET. A live audio webcast will be available on the company's website at: Chart Industries, Inc. | News ...

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Core Viewpoint - Chart Industries, Inc. has announced a share buyback program authorized by its board of directors, allowing the repurchase of up to $250 million worth of shares, indicating a commitment to returning value to shareholders [3]. Company Details - The company's shares closed at $197.86, showing relative stability in the market [2]. - The share buyback can be executed through various methods including open market purchases and privately negotiated transactions, adhering to specific SEC rules [3]. - Chart Industries has reiterated its financial policy of refraining from share buybacks or significant cash acquisitions until its net leverage ratio falls below 2.5, with a target to reduce debt to $3 billion by the end of 2025 [4]. - As of the end of Q3 2024, the net leverage ratio stood at 3.04 [4]. Market Performance - Chart Industries has a market capitalization of $8.5 billion and currently holds a Zacks Rank of 3 (Hold) [5]. - The company has experienced a share price increase of 50.7% over the past year, outperforming the industry average growth of 19.9% [6]. - The Zacks Consensus Estimate for the company's 2024 earnings remains stable at $8.91 per share [6].

I analyze oil and gas companies like and related companies like Chart Industries in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sig ...

ATLANTA, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in clean energy and industrial gas solutions, today announced that its Board of Directors has authorized a share repurchase program of up to $250.0 million of its common stock. Under the stock repurchase program, Chart may purchase shares of its common stock through various means, including open market transactions, block purchases, privately negotiated transactions or otherwise in accordance with appli ...

ATLANTA, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in clean energy and industrial gas solutions, is hosting a Capital Markets Day, today, November 12, 2024, at 9:00 am ET. A supplemental presentation was released this morning which will be discussed during the event and webcast. On November 13, 2024, Chart’s management will participate in the Baird 2024 Global Industrial Conference in Chicago. Capital Markets Day Webcast Information An audio live webcas ...

Industry Overview - US electricity demand is projected to increase at a 2.4% annualized rate through 2030, largely driven by AI data centers [1] - There is a debate among investors about whether nuclear energy or natural gas will serve as the baseload fuel to meet the rising demand, with renewables also in the mix [2] Company Overview - Chart Industries (GTLS) manufactures equipment for cooling, heating, and purifying molecules, including cryogenic tanks, heat exchangers, industrial fans, and turbines [3] - The company expanded its portfolio significantly with the 2022 acquisition of Howden, enabling it to enter various energy-related markets, including LNG, hydrogen, and nuclear power [3][4] - Chart Industries also has exposure to clean mining applications, particularly in lithium and copper markets, which are critical for solar and electrification [4] Financial Performance - Chart Industries reported Q3 earnings that missed expectations due to timing issues with high-margin projects, but incoming orders grew and margins expanded [5] - The company provided early 2025 guidance, anticipating 12% revenue growth and 39% EPS growth compared to its 2024 outlook, driven by delayed order fulfillment [6] - Free cash flow surged to $175 million in Q3, with full-year 2024 guidance of $400 million and 2025 guidance of $550-$600 million, helping reduce its $3.9 billion debt [14] Market Opportunities - Chart Industries is benefiting from the growing demand for nuclear energy, with orders from major customers like EDF of France and small modular reactor (SMR) companies [7] - The company is also a key player in the LNG market, with robust orders for its IPSMR LNG technology from ExxonMobil, Woodside Energy, and Viability Gap in Tanzania [11] - Hydrogen is another growth area, with Chart securing significant orders in Egypt and Europe, supported by the US government's funding of seven hydrogen hubs [12] - The company is entering the data center market, winning orders for air-cooled heat exchangers to manage the heat generated by AI servers [13] Valuation and Investor Interest - Chart Industries trades at around 10 times its 2025 earnings guidance, making it an attractive value stock despite its significant debt from the Howden acquisition [14] - The company is hosting a capital markets day on November 12 to provide more insights for investors [15]

I analyze oil and gas companies, related companies, and Chart Industries in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up her ...

Chart Industries, Inc. (NYSE:GTLS) Q3 2024 Earnings Conference Call November 1, 2024 8:30 AM ET Company Participants Jill Evanko - Chief Executive Officer Joe Brinkman - Chief Financial Officer Conference Call Participants Eric Stine - Craig-Hallum Marc Bianchi - TD Cowen Ben Nolan - Stifel Martin Malloy - Johnson Rice Pavel Molchanov - Raymond James Manav Gupta - UBS Rob Brown - Lake Street Capital Craig Shere - Tuohy Brothers Walt Liptak - Seaport Research Alexa Patrick - Goldman Sachs Sherif Elmaghrabi - ...