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

ReutersJan 8, 2025 1:43 PM

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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