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Gaztransport et Technigaz SA (GTT) is a France-based company, which is active in the field of cryogenics and storage of liquefied gases. It operates as a marine engineering company, specialized in the design of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG). The Company's main areas of activity are cargo containment systems (CCS) for LNG carriers and land storage of LNG. The Company divides its activities into Bunkering Solutions, Small & Mid Scale, LNG Carrier Containment Systems, Land Storage and Pluto II. LNG carriers and tanks designed with the Company's containment systems are also used to carry and store other liquefied gases (such as liquefied petroleum gas (LPG) and ethylene). The Pluto II segment operates in the field of land storage and develops the cryogenic containment system. GTT also provides engineering, consultancy and training services, as well as contractual links with the Company and other services.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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