GTLS Stock Recent News

ATLANTA, June 13, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in clean energy and industrial gas solutions, has successfully syndicated the repricing of its $1,631 million senior secured term loan facility (the “Term Loan”), which matures on March 17, 2030. Following the completion of the repricing, all outstanding amounts under the Term Loan will bear interest at a rate per annum equal to SOFR with a 0.50% floor plus a margin equal to 2.50%. The repricing represents a reduction of 0.75% per annum compared to the SOFR margin applicable prior to the repricing as well as the removal of the 0.10% credit spread adjustment. This is anticipated to result in cost savings of approximately $14 million in annual interest expense on the Term Loan.

ATLANTA, June 10, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”) announced today that it has joined the United Nations (UN) Global Compact, a voluntary leadership platform for the development, implementation, and disclosure of sustainable and socially responsible business practices. The UN Global Compact is a call to companies to align operations and strategies with ten universally accepted principles in the areas of human rights, labor, environment, and anti-corruption, and to take action in support of its UN Sustainable Development Goals.

Companies in the modern era are very much focused on growth, and hypergrowth companies are driving the most gains in the stock market these days. While this narrative has been put aside a few times during market downturns, growth remains very important.

Chart Industries (GTLS) is set to supply two diaphragm compressors to Repsol for the Sines industrial complex in Portugal.

ATLANTA, May 28, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in clean energy and industrial gas solutions, has been chosen to supply its cutting-edge Howden hydrogen compression solutions to support Repsol's €657 million expansion of its Sines industrial complex in Portugal.

Investors with an interest in Manufacturing - General Industrial stocks have likely encountered both Chart Industries (GTLS) and Crane (CR). But which of these two stocks is more attractive to value investors?

Although the revenue and EPS for Chart Industries (GTLS) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Chart Industries (GTLS) came out with quarterly earnings of $1.49 per share, missing the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.41 per share a year ago.

Chart Industries (GTLS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

AEM, GTLS and CRAI made it to the Zacks Rank #1 (Strong Buy) growth stocks list on May 2, 2023.