GTLS - Choppy Near-Term Trends And LNG Order Uncertainty Hitting Chart Industries

With so much of Chart Industries' (GTLS) upside tied to unbooked orders for LNG capital equipment, I can understand why worries about pushed-out timelines for large LNG export facilities would be hitting the shares. On top of that, the outlook for midstream capex in 2020 isn't very good and the slowdown hitting many industrial end-markets is likely to lead to lower industrial gas orders. As LNG prices have recently hit multiyear lows, I suppose it's not so surprising that Chart shares are near a 52-week low and the shares are down more

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