BUZZ-Chart Industries rises on goods and services agreement with Exxon Mobil

Reuters
01-08
BUZZ-Chart Industries rises on goods and services agreement with Exxon Mobil

** Shares of U.S.-based equipment manufacturer Chart Industries GTLS.N rise 1% to $202 premarket

** Company signs global master goods and services agreement with Exxon Mobil XOM.N to provide LNG equipment, technology, and services for XOM's global portfolio of projects

** Adds agreement includes the supply of cold boxes, as well as its IPSMR process technology

** Cold boxes are used to house key cryogenic equipment such as heat exchangers and distillation columns for the liquefaction and separation of gases

** Stock was up 43.2% in 2024

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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