GTLS Stock Recent News

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Flowserve Corporation (NYSE: FLS) and Chart Industries, Inc. (NYSE: GTLS). Upon closing of the proposed transaction, Flowserve shareholders will own approximately 46.5% of the combined company, on a fully diluted basis. KSF is seeking to determine whether the merger and the process that led to it.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Chart Industries, Inc. (NYSE: GTLS) to Flowserve Corporation for 3.165 shares of Flowserve common stock for each share of Chart common stock is fair to Chart shareholders. Halper Sadeh encourages Chart shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.

U.S.-based equipment manufacturer Chart Industries and Flowserve Corp said on Wednesday they will merge in an all-stock deal expected to have an enterprise value of about $19 billion.

The $19 billion deal will bring together two manufacturers of industrial processing equipment.

ATLANTA & DALLAS--(BUSINESS WIRE)--Chart Industries, Inc. (NYSE: GTLS) and Flowserve Corporation (NYSE: FLS) today announced that they have entered into a definitive agreement to combine in an all-stock merger of equals, creating a differentiated leader in industrial process technologies. The combined company is expected to have an enterprise value of approximately $19 billion based on the exchange ratio and the closing share prices for Chart and Flowserve as of June 3, 2025. Additional informa.

The combined entity would be worth roughly $19 billion, including debt.

Political uncertainty caused a market sell-off. The company's long lead times and multiyear projects shield it from short-term political disruptions. Market initially overlooked the business model's stability.

Chart Industries, Inc. (NYSE:GTLS ) Q1 2025 Earnings Conference Call May 1, 2025 8:30 AM ET Company Participants Jillian Evanko - Chief Executive Officer Joseph Brinkman - Chief Financial Officer Conference Call Participants Scott Gruber - Citigroup Saurabh Pant - Bank of America Marc Bianchi - TD Cowen Eric Stine - Craig-Hallum Benjamin Nolan - Stifel Arun Jayaram - JPMorgan Chase David Anderson - Barclays Bank Walter Liptak - Seaport Research Robert Brown - Lake Street Capital Martin Malloy - Johnson Rice & Company Operator Good morning, and welcome to the Chart Industries 2025 First Quarter Results Conference Call. [Operator Instructions].

Shares of industrial equipment supplier Chart Industries (GTLS 11.02%) rallied on Thursday, trading 11% higher as of 2 p.m. ET.

The headline numbers for Chart Industries (GTLS) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.