Chart Industries Secures Additional 'Limited Notice To Proceed' For Cheniere Project

Chart Industries, Inc. GTLS has received additional limited notice to proceed (LNTP) for their IPMSR process and equipment activities to be used in Cheniere Energy Inc's LNG Corpus Christi Stage Three liquefied natural gas (LNG) export terminal project.
Chart Industries booked an order of $47.5 million for the project from Bechtle AG BECTY.
The company will begin recognizing revenue on this project in 2022 with a multi-year staggered delivery schedule.
Price Action: GTLS shares are trading higher by 1.39% at $145.78 on the last check Monday.