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Praxair Inc (PX.N)

PX.N on New York Stock Exchange

129.82USD
4:02pm EDT
Change (% chg)

$0.59 (+0.46%)
Prev Close
$129.23
Open
$129.95
Day's High
$130.17
Day's Low
$129.24
Volume
200,804
Avg. Vol
341,466
52-wk High
$131.73
52-wk Low
$106.33

Latest Key Developments (Source: Significant Developments)

Soroban Capital reports 6.2 pct passive stake in Praxair - SEC filing
Thursday, 27 Apr 2017 12:27pm EDT 

April 27 (Reuters) - Soroban Capital GP LLC::Soroban Capital GP LLC reports 6.2 percent passive stake in Praxair Inc as of April 18, 2017 - SEC filing.  Full Article

Praxair Q1 earnings per share $1.37 excluding items
Thursday, 27 Apr 2017 06:01am EDT 

April 27 (Reuters) - Praxair Inc ::Praxair reports first-quarter 2017 results.Sees Q2 2017 earnings per share $1.38 to $1.43 excluding items.Sees FY 2017 adjusted earnings per share $5.55 to $5.80.Q1 sales $2.728 billion.Sees FY 2017 GAAP earnings per share $5.53 to $5.78.Q1 earnings per share $1.37 excluding items.Q1 earnings per share $1.35.Praxair says volume growth was attained in north america, europe and asia, partially offset by south america due to challenging economic environment in Brazil.Praxair sees improved base volume growth in-line with current macro-economic environment.Praxair says new project opportunities, specifically in U.S. Gulf coast, continue to be a bright spot as bidding activity remains robust.Praxair sees full-year capital expenditures of about $1.4 billion.  Full Article

Praxair Inc's subsidiary signs long-term contract to supply Rolls-Royce
Tuesday, 28 Mar 2017 08:30am EDT 

Praxair Inc : Praxair Inc - Praxair Surface Technologies subsidiary was awarded a long-term contract by leading aero engine manufacturer Rolls-Royce . Praxair Inc - over 10-year contract, PST will apply its tribomet abrasive coatings to rotating components in jet engines of wide-body aircraft .Praxair Inc - project, which will begin in mid-2017, will be serviced from PST'S coating operations in Indianapolis and weston-super-mare, England.  Full Article

Praxair signs long-term agreement with Celanese to supply carbon monoxide, oxygen and nitrogen in the U.S. Gulf coast
Tuesday, 21 Feb 2017 08:43am EST 

Praxair Inc : Praxair signs long-term agreement with celanese to supply carbon monoxide, oxygen and nitrogen in the U.S. Gulf coast . Praxair Inc - has signed a 15-year agreement to supply Celanese Corporation with carbon monoxide, as well as oxygen and nitrogen, in U.S. Gulf coast . New facilities and pipeline assets will begin operations in year 2020 . Praxair Inc - Praxair will build new air separation unit on nitrogen, oxygen pipeline network that will provide industrial gases required by Celanese .Praxair Inc- new plants and pipeline expansions require a combined investment of more than $300 million.  Full Article

Praxair starts up hydrogen facility for the Dow Chemical company in U.S. Gulf coast
Wednesday, 1 Feb 2017 08:30am EST 

Praxair Inc : Praxair starts up hydrogen facility for the Dow Chemical company in U.S. Gulf coast; signs long-term nitrogen supply agreement . Praxair Inc says signed a long-term contract with dow to supply nitrogen to company for use in its chemical production facility . Says nitrogen supply is expected to start in 2019. .Praxair has also signed a long-term contract with dow to supply nitrogen to company for use in its chemical production facility.  Full Article

Praxair Q4 EPS $1.41
Thursday, 26 Jan 2017 06:01am EST 

Praxair Inc : Praxair reports full-year and fourth-quarter 2016 results . Sees q1 2017 earnings per share $1.28 to $1.35 . Q4 earnings per share $1.41 . Q4 earnings per share view $1.41 -- Thomson Reuters I/B/E/S . Sees fy 2017 earnings per share $5.45 to $5.80 excluding items . Says sales in q4 were $2,644 million, 2% above prior-year quarter . Praxair inc - full-year capital expenditures are expected to be approximately $1.4 billion . Praxair inc says excluding negative currency translation effects and higher cost pass through, q4 sales were 2% higher than prior-year quarter . Praxair inc - in europe, fourth-quarter sales were $351 million, 9% above prior-year quarter excluding negative currency translation . Q1 earnings per share view $1.40 -- Thomson Reuters I/B/E/S .Fy2016 earnings per share view $5.47 -- Thomson Reuters I/B/E/S.  Full Article

Praxair raises quarterly dividend by 5 pct to $0.7875/shr
Thursday, 26 Jan 2017 06:00am EST 

Praxair Inc : Praxair declares 24th consecutive annual dividend increase in first quarter 2017 .Increases quarterly dividend by 5 percent to $0.7875 per share.  Full Article

Praxair signs hydrogen supply agreement with Marathon Petroleum
Monday, 23 Jan 2017 08:30am EST 

Praxair Inc : Praxair signs long-term U.S. Gulf Coast hydrogen supply agreement with Marathon Petroleum Corporation . Company will use hydrogen to support an ultra-low-sulfur diesel project planned for 2018 . Has signed a long-term contract to supply hydrogen to marathon petroleum corporation's refinery in Garyville, Louisiana .Hydrogen will be supplied through Praxair's Southeast Louisiana Pipeline Network.  Full Article

Praxair starts fourth air separation plant at Samsung Electronics in South Korea
Monday, 9 Jan 2017 08:30am EST 

Praxair Inc : Praxair starts up fourth air separation plant at Samsung Electronics in Hwasung, South Korea . Praxair Inc - start-up of its fourth air separation plant, a 1,400 ton per day unit .Praxair Inc - new plant will supply nitrogen to Samsung.  Full Article

Linde, Praxair see final merger agreement in coming months
Tuesday, 20 Dec 2016 07:26am EST 

Linde AG : Says Linde and Praxair expect to complete their internal approvals and execute definitive business combination agreement in coming months . Combined entity to have pro forma revenues of approximately $30 billion (eur 28 billion) and current market value in excess of $65 billion (eur 61 billion) . Execution of a definitive business combination agreement remains subject to confirmatory due diligence, further negotiations and board approvals of both linde and praxair . Says Linde and Praxair are confident that any required regulatory approvals, including any required divestitures, could be obtained in a timely manner . Says new company will seek inclusion in S&P 500 and DAX indices .  Full Article

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Deals of the day-Mergers and acquisitions

May 10 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday: