Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

The Realities Of The LNG Market Weigh On Chart Industries

When I last wrote about Chart Industries (NASDAQ:GTLS), one of concerns about the company's high-flying valuation was that there was a real risk of disappointment if the rollout of LNG vehicle fuel infrastructure hit any bumps in China or the U.S.. That is exactly what's happening, and the consequences for Chart's stock price have not been pretty.

Chart's ability to manage large-scale Energy and Chemical (E&C) projects need to improve, but a lot of what will drive this company/stock is outside of management control - truck builders, fueling station builders, and LNG liquefaction facility builders seem stuck in a cycle of "no, you first". I do believe that LNG as a vehicle fuel makes too much sense not...

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