166.29 0.00 (0.00%)
After hours: 5:02PM EDT
|Bid||161.31 x 500|
|Ask||170.00 x 100|
|Day's Range||161.70 - 167.14|
|52 Week Range||137.72 - 175.17|
|PE Ratio (TTM)||12.82|
|Earnings Date||Apr 25, 2018 - Apr 30, 2018|
|Forward Dividend & Yield||4.40 (2.66%)|
|1y Target Est||184.05|
Praxair (PX), the top industrial gas company, reported revenues of ~$3.0 billion for 1Q18 today, reflecting growth of 9.9% over 1Q17. Higher volumes, price improvement, and favorable foreign currency fueled Praxair’s revenue growth. Praxair’s revenue grew across all of its reporting segments, led by Asia at 21%, Europe at 20%, North America at 7%, and Surface Technologies at 11%, while South America declined 1%, inclusive of currency impact.
Air Products (APD) raised its earnings outlook for fiscal 2018 factoring in the expected contribution from the Lu'An syngas project.
NEW YORK, NY / ACCESSWIRE / April 26, 2018 / Air Products and Chemicals, Inc. (NYSE: APD ) will be discussing their earnings results in their Q2 Earnings Call to be held on April 26, 2018 at 10:00 AM Eastern ...
Air Products' (APD) adjusted earnings of $1.71 per share for second-quarter fiscal 2018 beat the Zacks Consensus Estimate of $1.68.
On a per-share basis, the Allentown, Pennsylvania-based company said it had profit of $1.89. Earnings, adjusted for pretax gains, were $1.71 per share. The results exceeded Wall Street expectations. The ...
LEHIGH VALLEY, Pa. , April 26, 2018 /PRNewswire/ -- Q2 FY18 (all from continuing operations): GAAP EPS of $1.89 , up 36 percent from the prior year; GAAP net income of $416 million Adjusted EPS of $1.71* ...
Air Products and Chemicals Inc (NYSE:APD) saw significant share price volatility over the past couple of months on the NYSE, rising to the highs of $174 and falling to theRead More...
Air Products & Chemicals (NYSE: APD ) releases its next round of earnings Thursday. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report. Earnings and Revenue Sell-side ...
Alternet Systems, Inc. (ALYI) has launched an Electric Vehicle (EV) business called ReVolt Electric Motorbikes utilizing the company's portfolio of patented lithium battery technologies developed by Air Products and Chemicals, Inc. (APD) and tested by Nissan Motor Company, Ltd. A recent research report released by Global Market Insights, Inc., predicts that the EV market will surpass $9 billion by 2024. Forbes reports in a recent article that battery technology and charging infrastructure are the essentials necessary to see the EV market continue to grow. Alternet secured the lithium battery technology patents form Air Products and Chemicals last year.
For 1Q18, PPG Industries (PPG) reported revenue of $3.78 billion, an increase of 6.2% on a YoY (year-over-year) basis. On a continuing operation basis, PPG’s revenue grew 8.6%. In 1Q17, PPG Industries reported revenue of $3.48 billion on a continuing operation basis. Since 2013, PPG’s revenue has grown at a CAGR (compound annual growth rate) of 2.6%.
Sherwin Williams (SHW) is expected to post adjusted EPS (earnings per share) of $3.17 in 1Q18, an increase of ~39.7% YoY (year-over-year). SHW’s projected increase in adjusted EPS could be driven by higher revenue growth, the continued synergy impact from the Valspar acquisition, and a reduction in effective tax rates. In 1Q17, SHW reported SG&A expenses at 36.8% of the revenues, which implies a gain of 440 basis points on a year-over-year basis.
FRANKFURT/NEW YORK (Reuters) - Gases groups Linde (LIN1.DE) and Praxair (PX.N) have picked second-round bidders for a package of planned divestitures to facilitate their planned $79 billion merger, people close to the matter said. The companies have invited buyout firm CVC, which has tied up with gases group Messer, to make further bids, as well as private equity investors Carlyle (CG.O), Onex (ONEX.TO), Blackstone (BX.N), the sources said, adding that the investors are expected to bid for all assets on offer. Linde and Praxair have put a package of U.S.-based assets up for sale.
RPM International’s (RPM) Industrial segment has been the largest contributor to RPM’s overall revenue, comprising 51.6% of revenue in fiscal 3Q18 and 51.0% in fiscal 3Q17. YoY (year-over-year), its share grew 0.6 percentage points. The segment’s revenue grew 9.2% YoY to $569.2 million in fiscal 3Q18 from $521.4 million in fiscal 3Q17.
Air Products (APD) and Huntsman gathers for a groundbreaking ceremony at Louisiana. The new facility to be built at this site will supply industrial gases to Huntsman.
LEHIGH VALLEY, Pa., April 3, 2018 /PRNewswire/ -- Air Products (APD) and Huntsman jointly gathered today for a groundbreaking ceremony held at the site of what will be Air Products' new steam methane reformer (SMR) and cold box in Geismar, Louisiana. Air Products will build, own and operate the facility under a long-term agreement and industrial gases including carbon monoxide (CO), hydrogen and steam will be produced and supplied to Huntsman's neighboring Geismar operations. The new facility is to be commercially onstream in early 2020. "It is always exciting to break ground for a new world-scale facility, and especially to do so at a location where it will primarily serve a long-standing customer. We have supplied Huntsman with industrial gases at other facilities where they have operations and we are pleased to expand our relationship through this new supply supporting Huntsman at Geismar. The Air Products plant will be state-of-the-art in terms of high reliability and sustainability, with enhanced energy efficiency and reduced emissions," said Corning Painter, executive vice president – Industrial Gases at Air Products.
Air Products (APD) increases supply capacity of its Gulf Coast hydrogen pipeline supply network. The additional supply is being provided by the company's Texas facility which has come online.
LEHIGH VALLEY, Pa., April 2, 2018 /PRNewswire/ -- Air Products (APD), the leading global hydrogen provider, today announced that it has increased the supply capacity of its Gulf Coast hydrogen pipeline supply network by approximately 40 million standard cubic feet per day. The additional product supply results from Air Products' hydrogen production facility in Mont Belvieu, Texas, which is onstream and processing an additional supply of hydrogen-rich off-gas from a propane dehydrogenation plant operated by Enterprise Products Operating LLC, a wholly-owned subsidiary of Enterprise Products Partners L.P. "Air Products continually looks for additional sources of hydrogen to add product supply capacity to our well-established pipeline network system along the Gulf Coast. We had an existing relationship with Enterprise and are pleased to enhance and expand that relationship by processing additional levels of hydrogen-rich off-gas.
Guillermo Novo has visited every country in Europe, Asia, Latin America and North America.
Air Products and Chemicals’ (APD) stock performance has remained muted so far in 2018. APD’s peers Praxair (PX) and Celanese (CE) have fallen 6.8%, and 7.8%, respectively, while Eastman Chemical (EMN) has risen 13.3% in the same period. APD’s stock price reached an all-time high of $174 before it fell to its current level.
Thoughts from Industry Leaders Will Steer Future Direction of China's Petroleum and Chemical Industry LEHIGH VALLEY, Pa. , March 29, 2018 /PRNewswire/ -- With China driving for industrial transformation ...
In comparison, its peer Praxair (PX) has a one-year forward PE of 21.3x. Forward PE is a measure investors can use to compare two or more companies operating in the same industry to tell which is overvalued and which is undervalued.
The industrial gas industry as a whole is well positioned to deliver solid performance and investors looking for exposure to the sector may want to consider Air Products & Chemicals, Inc. (NYSE: APD ), ...