$PX (Praxair Inc.)

$PX {{ '2016-07-28T23:03:04+0000' | timeago}} • Webcast

$PX said that in 2Q16 new on-site project start-ups contributed to volume growth with the revenue more than half-weighted towards Asia. The remainder of the revenue contribution was from Europe and South America. The company experienced solid growth out of the more resilient end markets globally.

$PX {{ '2018-01-16T15:26:54+0000' | timeago}} • Announcement

$PX expanded its long-term hydrogen supply agreement with Motiva Enterprises LLC. $PX will increase the amount of hydrogen it supplies to Motiva's about 600,000 barrel per day refinery in Port Arthur, Texas. This agreement secures the additional hydrogen required to support that expansion, as well as the ongoing needs of the refinery.

$PX {{ '2017-12-01T18:02:19+0000' | timeago}} • Announcement

$PX and $GE's Aviation opened a new facility for their PG Technologies business, which specializes in advanced coatings that enable jet engines to withstand higher temperatures and stresses. PG Technologies is a JV between Praxair Surface Technologies Inc., a subsidiary of $PX, and GE Aviation.

$PX {{ '2017-11-10T12:21:35+0000' | timeago}} • Infographic

$PX Praxair, Inc. Earnings AlphaGraphic: Q3 2017 Highlights

$PX {{ '2017-10-16T12:55:52+0000' | timeago}} • Announcement

Linde plc said the proposed business combination between $PX and Linde AG received unconditional antitrust clearance in Russia. Linde plc is a newly incorporated public limited company formed on April 18, 2017, that will become the parent company of $PX and Linde AG upon the completion of the business combination.

$PX {{ '2017-10-13T13:36:28+0000' | timeago}} • Announcement

Industrial gas company $PX received a long-term contract to supply various gases to China-based Shanghai Huali Microelectronics Corporation, a subsidiary of Huahong Group. As per the deal, Praxair will build and operate two air separation plants that will provide nitrogen to Shanghai Huali’s new production base in Shanghai, starting early 2018.

$PX {{ '2017-09-27T16:14:12+0000' | timeago}} • Announcement

$PX's shareholders approved the business combination with Linde AG at $PX's special meeting of shareholders. This approval completes a key milestone in combining two leading companies in the global industrial gas industry under a new holding company named "Linde plc". The business combination is expected to be completed in 2H18.

$PX {{ '2017-08-02T15:02:02+0000' | timeago}} • Announcement

$PX has issued a correction to the previously announced ex-dividend date for payment of the third quarter dividend, changing it to September 7, 2017, from September 6, 2017. The 78.75-cents dividend is payable on September 15, 2017. The correction is in line with the recent NYSE rule change relating to determination of dividend dates.

$PX {{ '2017-07-27T14:19:25+0000' | timeago}} • Announcement

$PX declared a 3Q17 dividend of $0.7875 per share, unchanged from the previous quarter. The dividend is payable on September 15, 2017, to shareholders of record on September 8, 2017. The ex-dividend date is September 6, 2017.

$PX {{ '2017-07-12T13:36:28+0000' | timeago}} • Announcement

$PX announced the start-up of a new air separation plant to supply 700 tons per day of nitrogen to Samsung’s display manufacturing complex in Tangjeong, South Korea. This is its third plant supporting the facility. The company has been supplying Samsung’s display operations with nitrogen, oxygen, argon, helium and other gases since 2005.

$PX {{ '2017-06-01T17:20:29+0000' | timeago}} • Announcement

Linde AG and $PX agreed to come together under a new holding company through an all-stock merger of equals transaction. Linde shareholders will be offered 1.54 shares in the new holding company for each Linde share, and $PX shareholders will receive one share in the new holding company for each $PX share.

$PX {{ '2017-06-01T17:20:11+0000' | timeago}} • Announcement

Linde AG and $PX entered into a definitive business combination agreement (BCA) to come together under a new holding company through an all-stock merger of equals transaction. Linde and $PX expect the transaction to close in 2H18.

$PX {{ '2017-05-24T18:43:08+0000' | timeago}} • Announcement

$PX reached an agreement in principle on the terms and conditions of a Business Combination Agreement with Linde AG pursuant to which the companies would combine their businesses in a merger of equals under a new holding company through an all-stock transaction. The BCA is subject to approvals by Boards of Directors of both companies.

$PX {{ '2017-04-27T16:07:25+0000' | timeago}} • Announcement

$PX's BoD has declared a quarterly dividend of 78.75 cents per share, unchanged from the previous quarter. The dividend is payable on June 15, 2017 to shareholders of record on June 7, 2017. The ex-dividend date is June 5, 2017.

$PX {{ '2017-03-28T14:27:31+0000' | timeago}} • Announcement

$PX said its Praxair Surface Technologies (PST) subsidiary received a long-term contract from Rolls-Royce. Over the 10-year contract, PST will apply its Tribomet abrasive coatings to rotating components in jet engines of wide-body aircraft. The project will begin in mid-2017.

$PX {{ '2017-02-21T19:07:09+0000' | timeago}} • Announcement

$PX signed a 15-year agreement to supply $CE with carbon monoxide, oxygen and nitrogen gases, in the U.S. Gulf Coast. The new plants and pipeline expansions, which will begin operations in 2020, require a combined investment of more than $300MM.

$PX {{ '2017-02-01T18:35:24+0000' | timeago}} • Announcement

$PX started up a hydrogen facility that will recover by-product streams from $DOW's Freeport, Texas operations. Under a long-term contract, $PX is supplying high-purity hydrogen back to $DOW in order to meet its needs across Southeast Texas. Also, the hydrogen will be used by $PX to help supply increasing customer demand in the region

$PX {{ '2017-01-26T16:33:17+0000' | timeago}} • Announcement

$PX's BoD declared a 5% increase in its quarterly dividend to 78.75 cents per share. The dividend is payable on March 15, 2017 to shareholders of record as of March 7, 2017. The ex-dividend date is March 3, 2017.

$PX {{ '2017-01-26T15:32:58+0000' | timeago}} • Announcement

$PX expects 1Q17 EPS in the range of $1.28-1.35. This EPS guidance assumes a negative currency impact of about 1%.

$PX {{ '2017-01-26T15:30:48+0000' | timeago}} • Announcement

$PX expects 2017 EPS of $5.45-5.80, a 2-9% growth excluding currency versus 2016. This guidance assumes a negative currency impact of about 3%. Full-year capital expenditures are expected to be about $1.4Bil and the effective tax rate is forecast to remain at about 28%.

$PX {{ '2017-01-26T15:28:42+0000' | timeago}} • Announcement

$PX reported a decline in 4Q16 earnings due to higher costs and expenses as well as foreign currency translation headwind and last year's asset sale gain. Net income fell to $406MM or $1.41 per share from $422MM or $1.47 per share last year. Sales grew to $2.64Bil from $2.6Bil.

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