お知らせ • Oct 07
Chart Industries, Inc. to Report Q3, 2025 Results on Oct 29, 2025 Chart Industries, Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 29, 2025 お知らせ • Jun 30
Chart Industries, Inc. to Report Q2, 2025 Results on Jul 31, 2025 Chart Industries, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 31, 2025 お知らせ • Jun 04
Flowserve Corporation (NYSE:FLS) entered into a definitive agreement to acquire Chart Industries, Inc. (NYSE:GTLS) for approximately $7.2 billion in a merger of equals transaction. Flowserve Corporation (NYSE:FLS) entered into a definitive agreement to acquire Chart Industries, Inc. (NYSE:GTLS) for approximately $7.2 billion in a merger of equals transaction on June 3, 2025. The transaction is structured as an all-stock merger of equals. Chart shareholders will receive 3.165 shares of Flowserve common stock for each share of Chart common stock owned. 6.75% Series B Mandatory Convertible Preferred Stock of Chart, that remain issued and outstanding immediately prior to the First Effective Time, each such share of Chart Preferred Stock shall be converted into the right to receive one share of a newly created 6.75% Series B Mandatory Convertible Preferred Stock of Flowserve, par value $1.00 per share, having the same rights, privileges and voting powers, and limitations and restrictions thereof, as the shares of Chart Preferred Stock had immediately prior to the First Effective Time. Following the close of the transaction, Chart shareholders will own approximately 53.5% and Flowserve shareholders will own approximately 46.5% of the combined company, on a fully diluted basis. A termination fee of $250 million is payable by chart and $215 million is payable by Flowserve. The combined company is expected to have an enterprise value of approximately $19 billion, generated net revenue of approximately $8.8 billion on a combined LTM basis as of the end of Q1 2025,leverage ratio of 2.0x net debt to adjusted EBITDA at close. Upon closing, the combined company’s Board will comprise 12 directors, six of whom will be from Chart and six from Flowserve. Ms. Evanko will serve as the Chair of the combined company’s Board of Directors, Mr. Rowe will serve as Chief Executive Officer of the combined company, and John Garrison will serve as Lead Independent Director of the combined company’s Board. Following the closing of the transaction, the combined company will have its headquarters in Dallas, TX and expects to maintain a presence in Atlanta and Houston, supported by a global footprint across more than 50 countries. The combined company will assume a new name and brand following close.
The transaction has been unanimously approved by the board of directors of each company, subject to approval of shareholders of both Chart and Flowserve, the receipt of regulatory approvals, HSR act clearance,the effectiveness of a registration statement and the satisfaction of other customary closing conditions and is expected to close in the fourth quarter of 2025. The transaction is anticipated to be Meaningfully Accretive to Combined Adjusted EPS in First Year.
Wells Fargo Securities, LLC acted as financial advisor and fairness opinion provider, Matt Stevens and Paul Huddle of Winston & Strawn LLP acted as legal advisor for Chart Industries, Inc. Guggenheim Securities, LLC acted as financial advisor and fairness opinion provider, Cravath, George F. Schoen and Daniel J. Cerqueira of Swaine & Moore LLP acted as legal advisor for Flowserve Corporation. Joele Frank, Wilkinson Brimmer Katcher is serving as strategic communications advisor. Veriten is serving as an independent strategic advisor to Flowserve. お知らせ • May 01
Chart Industries, Inc. Reiterates Earnings Guidance for the Full Year 2025 Chart Industries, Inc. reiterated earnings guidance for the full year 2025. For the period, the company anticipated sales are expected to be in the range of $4.65 billion to $4.85 billion. お知らせ • Apr 09
Chart Industries, Inc., Annual General Meeting, May 20, 2025 Chart Industries, Inc., Annual General Meeting, May 20, 2025. お知らせ • Apr 04
Chart Industries, Inc. to Report Q1, 2025 Results on May 01, 2025 Chart Industries, Inc. announced that they will report Q1, 2025 results Pre-Market on May 01, 2025 お知らせ • Feb 28
Chart Industries, Inc. Reiterate Earnings Guidance for the Year 2025 Chart Industries, Inc. reiterate earnings guidance for the year 2025. For the period, the company expects sales are anticipated to be in the range of $4.65 billion to $4.85 billion. お知らせ • Jan 24
Chart Industries, Inc. to Report Q4, 2024 Results on Feb 28, 2025 Chart Industries, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 28, 2025 お知らせ • Dec 12
Chart Industries, Inc. (NYSE:GTLS) announces an Equity Buyback for $250 million worth of its shares. Chart Industries, Inc. (NYSE:GTLS) announces a share repurchase program. Under the program, the company will repurchase up to $250 million worth of its common stock. お知らせ • Nov 02
Chart Industries, Inc. Provides Earnings Guidance for the Full Year 2024 and 2025 Chart Industries, Inc. provided earnings guidance for the full year 2024 and 2025. For 2024, the company's current full year 2024 sales outlook is approximately $4.20 billion to $4.30 billion, an increase of 18.0% to 20.5% when compared with full year 2023, proforma. The changes to their 2024 outlook are primarily due to timing of larger orders and their associated revenue recognition (timing and mix), foreign exchange impact, tax rate change, and share count change.
For 2025, the company's sales are anticipated to be in the range of $4.65 billion to $4.85 billion. お知らせ • Oct 04
Chart Industries, Inc. to Report Q3, 2024 Results on Nov 01, 2024 Chart Industries, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 01, 2024 お知らせ • Aug 02
Chart Industries, Inc. Revises Financial Guidance for the Full Year of 2024 Chart Industries, Inc. revised financial guidance for the full year of 2024. For the period, the company expects sales to be in the range of approximately $4.45 billion to $4.60 billion. The company previous sales outlook was expected to be in a range of $4.7 to $5.0 billion. Compared to the company prior 2024 full year outlook the main drivers of the change are timing of sales recognition for backlog conversion on larger and longer projects (these are not cancellations; cancellation rate remains substantially below 1% of backlog), negative foreign exchange, timing of larger awards in the second quarter 2024 having revenue impacts in 2025 and 2026 (the company booked approximately $275 million for projects in late second quarter 2024 which will have 2025 and 2026 revenue impact) and a change to adjusted EPS calculation by no longer excluding the negative ($0.60) mandatory preferred dividend EPS impact. お知らせ • Jul 06
Chart Industries, Inc. to Report Q2, 2024 Results on Aug 02, 2024 Chart Industries, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 02, 2024 お知らせ • Feb 29
Chart Industries, Inc. Provides Sales Guidance for the Full Year 2024 Chart Industries, Inc. provided sales guidance for the full year 2024. For the year, company expects sales to be in a range of $4.7 to $5.0 billion. お知らせ • Jan 11
Chart Industries, Inc. to Report Q4, 2023 Results on Feb 28, 2024 Chart Industries, Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 28, 2024 お知らせ • Nov 02
Px3 Partners Limited acquired Cofimco Srl from Chart Industries, Inc. (NYSE:GTLS). Px3 Partners Limited signed an agreement to acquire Cofimco Srl from Chart Industries, Inc. (NYSE:GTLS) for $80 million on July 26, 2023.Alvarez & Marsal Taxand UK LLP acted as accountant to Px3 Partners Limited.Chiomenti Studio Legale acted as legal advisor to Px3 Partners Limited. Debevoise & Plimpton, Accounting and Auditing arm acted as Accountant to Px3 Partners Limited.Lazard & Co., Limited acted as Financial advisor to Px3 Partners Limited. As of October 27, 2023, the transaction is expected to close on October 31, 2023. Px3 Partners Limited completed the acquisition of Cofimco Srl from Chart Industries, Inc. (NYSE:GTLS) on October 31, 2023. お知らせ • Oct 29
Chart Industries, Inc. Updates Earnings Guidance for the Full Year 2023 Chart Industries, Inc. updated earnings guidance for the full year 2023. For the year, the company sales forecast to approximately $3.45 billion to $3.50 billion (prior 2023 full year sales forecast of $3.66 billion to $3.80 billion). お知らせ • Oct 28
Chart Industries, Inc. Provides Earnings Guidance for the Full Year 2024 Chart Industries, Inc. provided earnings guidance for the full year 2024. For the year, the company initiating sales outlook of approximately $5.1 billion. お知らせ • Oct 01
Chart Industries, Inc. to Report Q3, 2023 Results on Oct 27, 2023 Chart Industries, Inc. announced that they will report Q3, 2023 results Pre-Market on Oct 27, 2023 お知らせ • Sep 01
Hyzon Motors Inc., Performance Food Group, Inc. and Chart Industries, Inc. Announces Successful Completion of Hyzon's First Commercial Run with A Liquid Hydrogen Fuel Cell Electric Vehicle (LH2 FCEV) Hyzon Motors Inc., Performance Food Group, Inc. and Chart Industries, Inc. announced successful completion of Hyzon's first commercial run with a liquid hydrogen fuel cell electric vehicle (LH2 FCEV). Starting in Temple, TX, the truck completed deliveries to eight PFG customers near Dallas, TX, travelling over 540 miles on a 16-hour continuous run including over 100-degree Fahrenheit temperatures. The run – further than the distance from Sacramento to San Diego – demonstrates the viability of on-board liquid hydrogen to fuel long-distance, zero-emission transport. Compared to gaseous hydrogen, the current industry standard, liquid hydrogen allows Hyzon to increase the amount of fuel on board significantly increased energy density, with no changes to vehicle weight or payload. To maintain the energy-dense liquid state, hydrogen requires cold temperatures of negative 400 degrees Fahrenheit. Hyzon partnered with Chart Industries to develop a tank system capable of storing liquid hydrogen at extremely cold temperatures and delivering it to the fuel cell system at the necessary pressure. Liquid hydrogen as a fuel source has been estimated to be up to $5 per kilogram less expensive all-in to dispense than high-pressure gaseous hydrogen1, which would provide meaningful benefits to fleet owners. お知らせ • Aug 19
Ingersoll Rand Inc. (NYSE:IR) acquired Howden Group Limited from Chart Industries, Inc. (NYSE:GTLS). Ingersoll Rand Inc. (NYSE:IR) signed a definitive agreement to acquire Howden Group Limited from Chart Industries, Inc. (NYSE:GTLS) for $300 million on June 12, 2023. The transaction, which is subject to customary closing conditions, is expected to close in the third quarter 2023. BofA Securities, Inc. acted as financial advisor to Chart Industries, Inc. (NYSE:GTLS). For FY ended 2022, Roots has approximately $115 million in revenue and an established installed base that supports a strong aftermarket business model. As part of the transaction, Ingersoll Rand assumed ownership of the Connersville, Indiana (U.S.) manufacturing facility. Roots has joined the Ingersoll Rand's Industrial Technologies and Services (IT&S) segment. Winston & Strawn LLP acted as legal advisor to Chart Industries, Inc. (NYSE:GTLS). Citigroup Inc. (NYSE:C) acted as financial advisor to Ingersoll Rand Inc. (NYSE:IR). Eric Swedenburg, Andrew Purcell, Tristan Brown, Lori Lesser, Sara Razi and Preston Miller of Simpson Thacher & Bartlett LLP acted as legal advisor to Ingersoll Rand Inc. (NYSE:IR).
Ingersoll Rand Inc. (NYSE:IR) acquired Howden Group Limited from Chart Industries, Inc. (NYSE:GTLS) on August 18, 2023. お知らせ • Jul 29
Chart Industries, Inc. Provides Earnings Guidance for the Year 2023 Chart Industries, Inc. provided earnings guidance for the year 2023. For the period, the company expects sales to be in the anticipated range of $3.66 billion to $3.80 billion. お知らせ • Jul 06
Chart Industries, Inc. to Report Q2, 2023 Results on Jul 28, 2023 Chart Industries, Inc. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Jul 28, 2023 お知らせ • Jun 13
Ingersoll Rand Inc. (NYSE:IR) signed a definitive agreement to acquire Howden Group Limited from Chart Industries, Inc. (NYSE:GTLS) for $300 million. Ingersoll Rand Inc. (NYSE:IR) signed a definitive agreement to acquire Howden Group Limited from Chart Industries, Inc. (NYSE:GTLS) for $300 million on June 12, 2023. The transaction, which is subject to customary closing conditions, is expected to close in the third quarter 2023. BofA Securities, Inc. acted as financial advisor to Chart Industries, Inc. (NYSE:GTLS). Winston & Strawn LLP acted as legal advisor to Chart Industries, Inc. (NYSE:GTLS). Citigroup Inc. (NYSE:C) acted as financial advisor to Ingersoll Rand Inc. (NYSE:IR). Simpson Thacher & Bartlett LLP acted as legal advisor to Ingersoll Rand Inc. (NYSE:IR). お知らせ • May 27
Chart Industries, Inc. Elects Directors Chart Industries, Inc. at its 2023 annual meeting of stockholders on May 25, 2023 elected Andrew C. Cichocki, Paul E. Mahoney, Spencer S. Stiles as directors. お知らせ • May 11
Chart Industries, Inc. and Crane Company Successfully Test New Liquid Hydrogen Valve Chart Industries, Inc. and Crane Company have successfully tested a new cryogenic valve designed and built by Crane for liquid hydrogen applications. This is the first valve launched from Crane's CRYOFLO(TM) line of bellow seal vacuum jacketed globe valves, designed and tested by Crane, with final validation, review, and testing conducted by Chart. Final testing was conducted at Chart's one-of-a-kind liquid hydrogen test facility in New Prague, MN, USA, leveraging Chart's 60 years of experience with hydrogen equipment and the facility's availability of the extremely cold cryogenic liquid for testing. Liquid hydrogen is over 100 degrees Fahrenheit colder than liquid nitrogen, and significantly colder than the temperature limit of most cryogenic valves. The testing confirms that Crane's CRYOFL O liquid hydrogen valve design can operate safely and reliably at extremely low temperatures, while supporting best-in-class high-flow rates at low-pressure drop as designed. Notably, CRYOFLO is the first valve Chart has successfully completed a liquid hydrogen endurance test in a high-cycle application. Testing included installing Crane's valve in a validation system provided by Chart that flowed liquid hydrogen through the valve at varying operating temperatures and pressures. The valve successfully endured well over 5,000 open/close cycles at a pressure of 150 psig/10 bar, and it required no adjustments or maintenance during the test. In addition, the Crane CRYOFLO has completed cryogenic certification and endurance testing per MSS-SP-134 standards and qualified the size range from 1/2 -2" at 300 psi working pressure. Chart is quickly developing new hydrogen equipment solutions and expanding production capacity for existing products to meet the needs of the growing hydrogen energy market. Cryogenic valves are an integral part of every one of these products, whether in Chart's hydrogen liquefaction equipment and cold boxes, transport trailers, storage tanks, fuel cell vehicle fuel stations, onboard fuel tanks, or any other end-use system. Valves must be resistant to leaks, reliable to operate, and minimize impact on process performance. Crane is successfully accelerating the development a full line of cryogenic valves and accessories to address critical market problems including leakage, heat dissipation, and reliability in the liquefaction, storage and transportation of hydrogen and other cryogenic gases. Crane is also investing in a new facility in Conroe, TX where it plans to build all of its Cryogenic and Hydrogen products while providing best-in-class customer service, quality and delivery. The qualification of the CRYOFLO bellow seal globe valves by Chart completes the technical approval of the product which is now in production and available to serve the hydrogen market globally. お知らせ • Jan 15
Chart Industries, Inc. Announces Executive Changes On January 9, 2023, Douglas A. Ducote, Jr., Chief Technology Officer of Chart Industries, Inc. (the “Company”), announced his plans to assume a part-time position with the Company through which he will continue to provide support to the Company’s LNG customers, and support the Company’s Chief Executive Officer and executive management team on strategy and innovation matters. The Company would like to thank Mr. Ducote for his many significant contributions to the Company over his 44 years of service, and looks forward to Mr. Ducote continuing as a key part of the Company’s success. Effective as of Mr. Ducote’s move to part-time employment, Brian Bostrom has been promoted to Chief Technology Officer of the Company. During his 28 years with the Company, Mr. Bostrom has held numerous engineering roles, including his most recent role of President of Global Engineering. As Chief Technology Officer, Mr. Bostrom will have responsibility for all global engineering activities and advancement and commercialization of global product applications across the Company. He will also continue to be a leader in developing the Company’s engineering depth and capabilities. Mr. Bostrom holds an engineering degree from the University of Minnesota, is a member of the Compressed Gas Association and a member of the 2019 inaugural class of Chart Fellows. お知らせ • Jan 07
Chart Industries, Inc. to Report Q4, 2022 Results on Feb 24, 2023 Chart Industries, Inc. announced that they will report Q4, 2022 results Pre-Market on Feb 24, 2023