Benjamin Nolan

Eric Stine

Marc Bianchi

Manav Gupta

Martin Malloy

Saurabh Pant

Walter Liptak

Arun Jayaram

Craig Shere

Pavel Molchanov

Scott Gruber

Sherif Elmaghrabi

Alexa Petrick

Ati Modak

David Anderson

Doug Becker

Gregory Lewis

James West

Rob Brown

- Chart Industries reported its **third quarter 2025 financial results** on **October 29, 2025**, and announced a definitive agreement for **Baker Hughes to acquire all outstanding shares for $210 per share in cash**.  **[892553_0000892553-25-000139_exhibit991gtls-20250930pre.htm:0]**  The company recorded a **$266 million merger termination fee to Flowserve**, of which **$258 million was paid by Baker Hughes**.  **[892553_0000892553-25-000139_exhibit991gtls-20250930pre.htm:0]** 
- For Q3 2025, the company achieved **record orders of $1.68 billion**, a **43.9% increase** compared to Q3 2024, and **sales of $1.10 billion**, up **3.6%**.  **[892553_0000892553-25-000139_exhibit991gtls-20250930pre.htm:0]** **[892553_0000892553-25-000139_exhibit991gtls-20250930pre.htm:1]** 
- Chart Industries reported a **diluted loss per share of ($3.23)**, but an **adjusted diluted earnings per share of $2.78**, representing a **27.5% increase** compared to Q3 2024.  **[892553_0000892553-25-000139_exhibit991gtls-20250930pre.htm:0]** **[892553_0000892553-25-000139_exhibit991gtls-20250930pre.htm:1]**  The reported operating loss was **($88.5) million**, while **adjusted operating income was $251.5 million**, resulting in a **22.9% adjusted operating income margin**.  **[892553_0000892553-25-000139_exhibit991gtls-20250930pre.htm:0]** **[892553_0000892553-25-000139_exhibit991gtls-20250930pre.htm:1]**

Chart Industries Reports Q3 2025 Results and Provides Update on Baker Hughes Acquisition

- Chart Industries reported **Q3 2025 sales of $1.10 billion**, a **3.6% increase** compared to Q3 2024, and record orders of **$1.68 billion**, up **43.9%**.  **[892553_bffc1e76349b473a8f6ffaea953f3920_0]** 
- The company's reported diluted earnings per share (EPS) was **($3.23)**, but **adjusted diluted EPS was $2.78**, an increase of **27.5%** over Q3 2024.  **[892553_bffc1e76349b473a8f6ffaea953f3920_0]** 
- Shareholders approved the acquisition of Chart by Baker Hughes on **October 6, 2025**, for **$210 per share in cash**, with the transaction expected to close in mid-2026.  **[892553_bffc1e76349b473a8f6ffaea953f3920_0]** **[892553_bffc1e76349b473a8f6ffaea953f3920_3]** 
- The company recorded a **$266 million** expense for a merger termination fee to Flowserve, with **$258 million** paid by Baker Hughes.  **[892553_bffc1e76349b473a8f6ffaea953f3920_0]**

Chart Industries Reports Third Quarter 2025 Results and Acquisition Update

- The Ademi Firm is investigating **Chart Industries (NYSE: GTLS)** for potential breaches of fiduciary duty and other violations of law related to its transaction with Baker Hughes.  **[892553_7c0a4d1bb16542b796a4df7ff80de3e1_0]** 
- Shareholders of Chart Industries are slated to receive **$210 per share in cash**, representing a total enterprise value of **$13.6 billion**.  **[892553_7c0a4d1bb16542b796a4df7ff80de3e1_0]** 
- The investigation focuses on whether the Chart Industries board of directors is fulfilling its fiduciary duties, particularly concerning a transaction agreement clause that imposes a significant penalty for accepting a competing bid, potentially limiting other offers.  **[892553_7c0a4d1bb16542b796a4df7ff80de3e1_0]** 
- Chart Industries insiders are expected to receive substantial benefits as part of change of control arrangements.  **[892553_7c0a4d1bb16542b796a4df7ff80de3e1_0]**

Ademi Firm Investigates Chart Industries' Transaction with Baker Hughes

CHART INDUSTRIES (GTLS)