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Sydnee Gatewood
Sydnee Gatewood
Articles (3134) 

Keeley Asset Management Comments on Chart Industries

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October 19, 2020 | About:
Chart Industries (NASDAQ:GTLS) (GTLS - $70.27 – NASDAQ) is the leading provider of cryogenic solutions for industrial gas, energy and biomedical customers around the globe. The stock performed well due to outstanding second quarter results which bene tted from increased sales for critical care customers due to COVID-19 pandemic. Furthermore, Chart's order book broadened as stimulus packages passed in various nations accelerated funding for renewable energy projects to which Chart supplies equipment. e company also divested a non-core health care related business and announced a partnership with First Element Fuels to develop hydrogen fueling solutions for a growing number of applications.

From Keeley Asset Management Corp (Trades, Portfolio)'s Small-Mid Cap Value Fund third-quarter 2020 shareholder commentary.

About the author:

Sydnee Gatewood
I am the editorial director at GuruFocus. I have a BA in journalism and a MA in mass communications from Texas Tech University. I have lived in Texas most of my life, but also have roots in New Mexico and Colorado. Follow me on Twitter! @gurusydneerg

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