$APD

Air Products (APD) appointed Kurt Lefevere as Group President, Americas, and Francesco Maione as Group President, EMEA and Asia, effective November 1, 2026. Both will report to CEO Eduardo Menezes. The changes aim to improve regional accountability and project execution.

Air Products (NYSE: APD) announced a quarterly dividend of $1.81 per share, payable February 8, 2027, to shareholders of record January 4, 2027. The company is a global industrial gases leader with fiscal 2025 sales of $12.0 billion.

Dow (DOW) and LyondellBasell (LYB) cut their dividends, while Air Products (APD) raised its to $1.81. Dow's yield is 4.67%, covered by cash flow, but earnings are negative. LyondellBasell's yield is 4.31%, with uneven cash flow coverage. Air Products' yield is 2.41%, with steady earnings and a strong dividend history. All three companies face different risks and opportunities.

Air Products and Chemicals (APD) may be undervalued by 16% due to its LNG terminal deal. The company is reducing capital expenditure to $2.0B-$2.5B annually, focusing on traditional industrial gas projects. Expansion in electronics, with $3B backlog and long-term helium agreements, is expected to boost future revenue and earnings.

Air Products and Chemicals (APD) reported Q3 2026 revenue of $3.16B (+5% YoY) and adjusted EPS of $3.47 (+12% YoY). Despite strong core business performance, the company faced a $2.1B operating loss due to project exit charges. APD offers a 2.6% dividend yield, with a forward P/E of 20.4x. Management is reviewing clean-energy projects, impacting future earnings and cash flow.

Air Products (APD) finalized an agreement to build an LNG-based Air Separation Unit in Malaysia, expected to produce 600 tonnes of gases daily by 2027. The plant, a joint venture with PETRONAS Gas and DIALOG, aims to improve energy efficiency and reduce emissions. APD reported $12.0 billion in fiscal 2025 sales.

Air Products and Chemicals (APD) is seeing gains from high-return projects and productivity initiatives despite weak helium prices. The company has a $3B industrial gas backlog and plans $1.5B annual investments. It is pursuing a green hydrogen project in Saudi Arabia with Yara International, expected to produce 1.2M tons of renewable ammonia yearly. Productivity improvements are also supporting margins.

Goldman Sachs added Amazon (AMZN), Burlington Stores (BURL), Huntington Ingalls (HII), Johnson Controls (JCI), and Occidental Petroleum (OXY) to its monthly Director’s Cut list, removing five others, including ConocoPhillips (COP). The list features 20-25 fundamental Buy-rated U.S. stocks. ConocoPhillips reported Q2 2026 earnings, beating EPS estimates but missing revenue forecasts. UBS raised its price target for COP to $153, maintaining a Buy rating.

Air Products (APD) announced a $250M investment in Arizona to supply high-purity gases to a chipmaker, its second semiconductor deal with over $900M total investment. The company reported a 12% rise in Q3 adjusted EPS to $3.47, raising its full-year outlook. However, it recorded a GAAP loss of $6.47 per share due to exiting clean-energy projects, with $3.5B expected in capital spending for 2026.

Air Products (APD) will invest $250M in Arizona to supply gases and infrastructure for a semiconductor manufacturer's expansion, its second such deal. The company's shares were down slightly to $289.52 on Wednesday, up over 15% YTD.