GTLS - Chart Industries reports record backlog to end Q1

2023-04-11 16:32:07 ET

Chart Industries ( NYSE: GTLS ) +1.5% post-market Tuesday after saying it enjoyed strong demand in its just-concluded Q1, with ~$740M in orders including the company's ownership period for Howden (March 17-31).

The company said its backlog was a record for the end of Q1, which reflected record Q1-ending backlog for both Chart standalone and Howden standalone.

Chart Industries ( GTLS ) is "stuck in a tough place," with energy prices tumbling since the Howden deal announcement and financing markets becoming tighter, The Value Investor writes in an analysis published recently on Seeking Alpha .

For further details see: