Chart Industries: Strengthening Its LNG Position With High-Value Global Contracts!

Chart Industries, Inc. reported a strong performance for the first quarter of 2025, displaying an increase in both orders and sales compared to the corresponding period the previous year. The company’s strategic focus on diversification has contributed to broad-based demand across various segments, especially in the burgeoning liquefied natural gas (LNG) market. A significant achievement during the quarter was securing a contract for Woodside Louisiana LNG Phase 2, underscoring their specialized capabilities in IPSMR process technology. Positively, order values reached $1.32 billion, a 17.3% rise year-over-year, driven by projects such as space exploration, HLNG vehicle tanks, nuclear, and marine sectors. More promisingly, the company anticipates further expansion of this order book with ongoing discussions about Phases 3 and 4 of the Woodside project, although these are yet to be secured. Sales also saw an organic 6.6% growth, although free cash flow was negative at $80.