NASDAQ Framework: ChampionX Corporation

Oilfield technology, chemistry solutions, artificial lift systems 1 2 3.

ChampionX Corporation, a global leader in oilfield technology, provides chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely and efficiently around the world 4. The company operates through four segments: Production Chemical Technologies, Production & Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies 5. ChampionX's recent strategic acquisitions, including RMSpumptools Limited and Artificial Lift Performance Limited, have significantly bolstered its capabilities and market presence, particularly in international and offshore production technologies markets 6 7 8. With a strong focus on innovation, sustainability, and customer value, ChampionX continues to enhance its portfolio and expand its global footprint, positioning itself for sustained success and growth in the evolving oilfield services industry 9 10.

4: ChampionX (formerly known as Apergy Corporation) is a global leader in chemistry solutions and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely and efficiently around the world. ChampionX’s products provide efficient functioning throughout the lifecycle of a well with a focus on the production phase of wells. View Source5: ChampionX Corporation provides chemistry solutions, artificial lift systems, and engineered equipment and technologies to oil and gas companies worldwide. The company operates through four segments: Production Chemical Technologies, Production & Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies. The Production Chemical Technologies segment offers onshore, offshore, and oil sands chemical solutions, such as corrosion inhibitors, scale inhibitors, emulsion breakers, and biocides to oil and natural gas production and midstream markets to manage and control corrosion, oil and water separation, flow assurance, sour gas treatment, and water-related issues. The Production & Automation Technologies segment provides artificial lift equipment, end-to-end digital automation solutions, and other production equipment and emissions monitoring solutions, including electrical submersible pumping systems, gas lift systems, jet pumps, multiplex surface pumps, plunger lift equipment, progressive cavity pumping systems, downhole rod lift systems, methane emissions monitoring solutions, chemical injection systems, flow control valves, and gauges under the Harbison-Fischer, Norris, Alberta Oil Tool, Oil Lift Technology, PCS Ferguson, Pro-Rod, Upco, Unbridled ESP, Norriseal-Wellmark, Quartzdyne, Spirit, Theta, Timberline, and Windrock brands. The Drilling Technologies segment offers polycrystalline diamond cutter inserts, bearings, valves, nozzles, and mining tools used in oil and gas drill bits under the US Synthetic brand; and high-density ceramic roof bolt mining tools for underground mining operations. The Reservoir Chemical Technologies segment provides chemistry-oriented solutions and technologies for well drilling, cementing, fracturing, acidizing, and other well interventions, as well as fracturing, drilling, cementing, acidizing additives. The company was founded in 1882 and is headquartered in The Woodlands, Texas. View Source6: ChampionX Acquires RMSpumptools, Expanding Global Presence in Offshore Production Technologies Markets THE WOODLANDS, Texas, July 09, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today it has completed the acquisition of RMSpumptools Limited, a designer and manufacturer of highly engineered mechanical and electrical solutions for complex artificial lift applications. “By adding RMSpumptools technology to our Production & Automation Technologies (“PAT”) portfolio, ChampionX advances its ability to del GlobeNewswire • 14 days ago CHX -0.91% ChampionX Declares Quarterly Dividend THE WOODLANDS, Texas, May 16, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX) announced today its Board of Directors has declared a regular quarterly dividend of $0.095 per share on the company’s common stock, par value $0.01 per share, to be paid on July 26, 2024 to shareholders of record on July 5, 2024. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and pr GlobeNewswire • 2 months ago CHX -0.91% ChampionX Reports First Quarter 2024 Results Revenue of $922.1 million, decreased 3% year-over-yearNet income attributable to ChampionX of $112.9 million, increased 78% year-over-yearAdjusted net income of $96.4 million, increased 17% year-over-yearAdjusted EBITDA of $191.7 million, increased 4% year-over-yearIncome before income taxes margin of 15.2%, increased 547 basis points year-over-yearAdjusted EBITDA margin of 20.8%, increased 130 basis points year-over-yearCash from operating activities of $173.5 million and free cash flow of $144 GlobeNewswire • 2 months ago CHX -0.91% SLB ChampionX Announces First Quarter 2024 Earnings Release Date THE WOODLANDS, Texas, April 09, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its first quarter 2024 operating results on Wednesday, April 24, 2024, after the market closes. ChampionX will not host a conference call or webcast to discuss its first quarter 2024 results. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that GlobeNewswire • 3 months ago CHX -0.91% SLB Announces Agreement to Acquire ChampionX in an All-Stock Transaction Acquisition strengthens SLB as a leader in production space, with world-class production chemicals and artificial lift technologiesCombined portfolios will drive customer value through deep industry expertise and digital integration, as well as enhanced equipment life and production optimizationChampionX shareholders to receive 0.735 SLB shares for each share of ChampionXAnnual pre-tax synergies to reach approximately $400 million within three yearsSLB will increase its total returns to sharehol GlobeNewswire • 3 months ago SLB CHX -0.91% Is There An Opportunity With ChampionX Corporation's (NASDAQ:CHX) 28% Undervaluation? Key Insights Using the 2 Stage Free Cash Flow to Equity, ChampionX fair value estimate is US$50.08 ChampionX's US$35.89... Simply Wall St. • 3 months ago CHX -0.91% ChampionX Agrees to Acquire RMSpumptools, Expanding Reach in International, Offshore Production Technologies Markets THE WOODLANDS, Texas, March 22, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today it plans to acquire RMSpumptools Limited, a business unit of the energy division of UK-based James Fisher and Sons plc (“JFS”). The unit designs and manufactures highly engineered mechanical and electrical solutions for complex artificial lift applications. Under the terms of the agreement, the net purchase price is a GlobeNewswire • 4 months ago CHX -0.91% Returns on Capital Paint A Bright Future For ChampionX (NASDAQ:CHX) Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key... Simply Wall St. • 4 months ago CHX -0.91% ChampionX's (NASDAQ:CHX) Dividend Will Be Increased To $0.095 ChampionX Corporation's ( NASDAQ:CHX ) dividend will be increasing from last year's payment of the same period to... Simply Wall St. • 4 months ago CHX -0.91% ChampionX acquires Artificial Lift Performance Limited to expand digital solutions portfolio THE WOODLANDS, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today the acquisition of Artificial Lift Performance Limited (“ALP”), a provider of advanced analytics solutions for enhancing oil and gas production performance. Based in Edinburgh, Scotland, ALP has extensive expertise in developing artificial lift optimization software designed to maximize production and extend the life of artificial lift equipment. “The acquisi GlobeNewswire • 4 months ago CHX -0.91% ChampionX Full Year 2023 Earnings: EPS Misses Expectations ChampionX ( NASDAQ:CHX ) Full Year 2023 Results Key Financial Results Revenue: US$3.76b (down 1.3% from FY 2022). Net... Simply Wall St. • 5 months ago CHX -0.91% ChampionX Corp (CHX) Announces Full Year Net Income Surge and Increased Shareholder Returns Robust Earnings and Cash Flow Enable 12% Dividend Hike and Expanded Share Buyback Program GuruFocus.com • 5 months ago CHX -0.91% ChampionX Reports Fourth Quarter and Full Year 2023 Results, Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Dividend by 12% Fourth-quarter revenue of $943.6 million decreased 4% year-over-year, flat sequentiallyFourth-quarter net income attributable to ChampionX of $77.2 million increased 14% year-over-year, and decreased 1% sequentiallyFourth-quarter adjusted EBITDA of $198.1 million increased 10% year-over-year, flat sequentiallyFourth-quarter cash from operating activities of $169.0 million and free cash flow of $139.8 millionFull-year net income attributable to ChampionX of $314.2 million increased 103% year-over GlobeNewswire • 5 months ago CHX -0.91% While shareholders of ChampionX (NASDAQ:CHX) are in the black over 3 years, those who bought a week ago aren't so fortunate While ChampionX Corporation ( NASDAQ:CHX ) shareholders are probably generally happy, the stock hasn't had particularly... Simply Wall St. • 6 months ago CHX -0.91% ChampionX Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule THE WOODLANDS, Texas, Jan. 03, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its fourth quarter and full year 2023 operating results on Monday, February 5, 2024, after the market closes. The Company has scheduled a conference call for Tuesday, February 6, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time) to discuss the results. The call will be available by live webcast on ChampionX’s website at https://inv GlobeNewswire • 6 months ago CHX -0.91% Will Weakness in ChampionX Corporation's (NASDAQ:CHX) Stock Prove Temporary Given Strong Fundamentals? With its stock down 17% over the past three months, it is easy to disregard ChampionX (NASDAQ:CHX). But if you pay... Simply Wall St. • 8 months ago CHX -0.91% ChampionX Corp (CHX) Q3 2023 Earnings: Robust Growth and Strong Cash Flow Generation Despite a slight revenue decrease, the company reports significant year-over-year increases in net income and adjusted EBITDA GuruFocus.com • 8 months ago CHX -0.91% ChampionX Reports Third Quarter 2023 Results Revenue of $939.8 million, decreased 8% year-over-year and increased 1% sequentiallyNet income attributable to ChampionX of $77.7 million, increased 237% year-over-yearAdjusted net income of $80.9 million, increased 19% year-over-yearAdjusted EBITDA of $189.5 million, increased 14% year-over-yearIncome before income taxes margin of 11.7%, increased 802 basis points year-over-yearAdjusted EBITDA margin of 20.2%, increased 391 basis points year-over-yearCash from operating activities of $163.0 mil GlobeNewswire • 8 months ago CHX -0.91% Is ChampionX Corporation (NASDAQ:CHX) Trading At A 20% Discount? Key Insights ChampionX's estimated fair value is US$42.05 based on 2 Stage Free Cash Flow to Equity ChampionX's... Simply Wall St. • 9 months ago CHX -0.91% ChampionX Publishes 2022 Sustainability Report THE WOODLANDS, Texas, Oct. 03, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX), a global leader in chemistry programs and services, artificial lift solutions, automation and optimization equipment, and drilling technologies for the upstream and midstream oil and gas industry, today published its 2022 corporate sustainability report. The report captures important information regarding the company’s global operations and strategy to address its four environmental, social and governanc GlobeNewswire • 9 months ago CHX -0.91% View Source7: ChampionX Corporation CHX, a leader in oilfield technology, acquired RMSpumptools Limited, a prominent designer and manufacturer of sophisticated mechanical and electrical solutions for complex artificial lift applications. This strategic move significantly strengthens ChampionX's capabilities and broadens its presence in critical international markets.Sivasankaran "Soma" Somasundaram, president and CEO of ChampionX, emphasized the importance of this acquisition, stating, “By adding RMSpumptools technology to our Production & Automation Technologies (PAT) portfolio, ChampionX advances its ability to deliver greater value to customers while creating growth opportunities in international markets such as the Middle East, Latin America, and global offshore projects.”Renowned for its expertise in electrical penetrator and connector systems, mechanical completion systems, and subsea connector systems, RMSpumptools perfectly complements ChampionX’s existing offerings. The amalgamation of RMSpumptools' innovative technologies with ChampionX's robust North American presence is expected to spur significant growth and market penetration.ChampionX intends to operate RMSpumptools as a standalone business unit within the PAT segment, ensuring the continuation of the high-level customer service RMSpumptools’ clients expect.With manufacturing and delivery operations in the United Kingdom, Saudi Arabia, and the United Arab Emirates, RMSpumptools is well-positioned to enhance ChampionX’s market reach. The acquisition not only augments ChampionX’s product portfolio but also opens new avenues for growth in the global oilfield services market.This acquisition represents a pivotal step for ChampionX, bolstering its technology portfolio and expanding its global footprint. The integration of RMSpumptools’ advanced solutions is poised to provide substantial value to customers and drive growth in key international markets. As the oilfield services industry evolves, ChampionX’s strategic acquisition positions it for sustained success and innovation. View Source8: ChampionX acquires Artificial Lift Performance Limited to expand digital solutions portfolio View Source9: ChampionX Corporation CHX, a leader in oilfield technology, acquired RMSpumptools Limited, a prominent designer and manufacturer of sophisticated mechanical and electrical solutions for complex artificial lift applications. This strategic move significantly strengthens ChampionX's capabilities and broadens its presence in critical international markets.Sivasankaran "Soma" Somasundaram, president and CEO of ChampionX, emphasized the importance of this acquisition, stating, “By adding RMSpumptools technology to our Production & Automation Technologies (PAT) portfolio, ChampionX advances its ability to deliver greater value to customers while creating growth opportunities in international markets such as the Middle East, Latin America, and global offshore projects.”Renowned for its expertise in electrical penetrator and connector systems, mechanical completion systems, and subsea connector systems, RMSpumptools perfectly complements ChampionX’s existing offerings. The amalgamation of RMSpumptools' innovative technologies with ChampionX's robust North American presence is expected to spur significant growth and market penetration.ChampionX intends to operate RMSpumptools as a standalone business unit within the PAT segment, ensuring the continuation of the high-level customer service RMSpumptools’ clients expect.With manufacturing and delivery operations in the United Kingdom, Saudi Arabia, and the United Arab Emirates, RMSpumptools is well-positioned to enhance ChampionX’s market reach. The acquisition not only augments ChampionX’s product portfolio but also opens new avenues for growth in the global oilfield services market.This acquisition represents a pivotal step for ChampionX, bolstering its technology portfolio and expanding its global footprint. The integration of RMSpumptools’ advanced solutions is poised to provide substantial value to customers and drive growth in key international markets. As the oilfield services industry evolves, ChampionX’s strategic acquisition positions it for sustained success and innovation. View Source10: ChampionX is committed to developing initiatives that align with its purpose of Improving Lives and help deliver value for its shareholders by supporting its customers’ carbon-reduction efforts, providing fulfilling career opportunities for its employees, and enhancing the communities where it operates globally. View Source

UNKNOWN

The provided facts do not contain information about whether ChampionX Corporation is still led by its founders or if the founders are heavily involved [f22893-f13710]UNKNOWN

The provided facts do not contain information about whether ChampionX Corporation is still led by its founders or if the founders are heavily involved [f22893-f13710].

LOW RISK

ChampionX Corporation demonstrates a strong financial position, as evidenced by its significant year-over-year increases in net income and adjusted EBITDA, robust free cash flow, and a solid balance sheet 11 12. The company has also shown resilience in a challenging environment, achieving strong adjusted EBITDA and adjusted EBITDA margin in the first quarter of 2024 13. Additionally, ChampionX's strategic acquisitions and focus on productivity further solidify its financial stability and growth prospects 14 15 16.

11: ChampionX Acquires RMSpumptools, Expanding Global Presence in Offshore Production Technologies Markets THE WOODLANDS, Texas, July 09, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today it has completed the acquisition of RMSpumptools Limited, a designer and manufacturer of highly engineered mechanical and electrical solutions for complex artificial lift applications. “By adding RMSpumptools technology to our Production & Automation Technologies (“PAT”) portfolio, ChampionX advances its ability to del GlobeNewswire • 14 days ago CHX -0.91% ChampionX Declares Quarterly Dividend THE WOODLANDS, Texas, May 16, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX) announced today its Board of Directors has declared a regular quarterly dividend of $0.095 per share on the company’s common stock, par value $0.01 per share, to be paid on July 26, 2024 to shareholders of record on July 5, 2024. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and pr GlobeNewswire • 2 months ago CHX -0.91% ChampionX Reports First Quarter 2024 Results Revenue of $922.1 million, decreased 3% year-over-yearNet income attributable to ChampionX of $112.9 million, increased 78% year-over-yearAdjusted net income of $96.4 million, increased 17% year-over-yearAdjusted EBITDA of $191.7 million, increased 4% year-over-yearIncome before income taxes margin of 15.2%, increased 547 basis points year-over-yearAdjusted EBITDA margin of 20.8%, increased 130 basis points year-over-yearCash from operating activities of $173.5 million and free cash flow of $144 GlobeNewswire • 2 months ago CHX -0.91% SLB ChampionX Announces First Quarter 2024 Earnings Release Date THE WOODLANDS, Texas, April 09, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its first quarter 2024 operating results on Wednesday, April 24, 2024, after the market closes. ChampionX will not host a conference call or webcast to discuss its first quarter 2024 results. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that GlobeNewswire • 3 months ago CHX -0.91% SLB Announces Agreement to Acquire ChampionX in an All-Stock Transaction Acquisition strengthens SLB as a leader in production space, with world-class production chemicals and artificial lift technologiesCombined portfolios will drive customer value through deep industry expertise and digital integration, as well as enhanced equipment life and production optimizationChampionX shareholders to receive 0.735 SLB shares for each share of ChampionXAnnual pre-tax synergies to reach approximately $400 million within three yearsSLB will increase its total returns to sharehol GlobeNewswire • 3 months ago SLB CHX -0.91% Is There An Opportunity With ChampionX Corporation's (NASDAQ:CHX) 28% Undervaluation? Key Insights Using the 2 Stage Free Cash Flow to Equity, ChampionX fair value estimate is US$50.08 ChampionX's US$35.89... Simply Wall St. • 3 months ago CHX -0.91% ChampionX Agrees to Acquire RMSpumptools, Expanding Reach in International, Offshore Production Technologies Markets THE WOODLANDS, Texas, March 22, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today it plans to acquire RMSpumptools Limited, a business unit of the energy division of UK-based James Fisher and Sons plc (“JFS”). The unit designs and manufactures highly engineered mechanical and electrical solutions for complex artificial lift applications. Under the terms of the agreement, the net purchase price is a GlobeNewswire • 4 months ago CHX -0.91% Returns on Capital Paint A Bright Future For ChampionX (NASDAQ:CHX) Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key... Simply Wall St. • 4 months ago CHX -0.91% ChampionX's (NASDAQ:CHX) Dividend Will Be Increased To $0.095 ChampionX Corporation's ( NASDAQ:CHX ) dividend will be increasing from last year's payment of the same period to... Simply Wall St. • 4 months ago CHX -0.91% ChampionX acquires Artificial Lift Performance Limited to expand digital solutions portfolio THE WOODLANDS, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today the acquisition of Artificial Lift Performance Limited (“ALP”), a provider of advanced analytics solutions for enhancing oil and gas production performance. Based in Edinburgh, Scotland, ALP has extensive expertise in developing artificial lift optimization software designed to maximize production and extend the life of artificial lift equipment. “The acquisi GlobeNewswire • 4 months ago CHX -0.91% ChampionX Full Year 2023 Earnings: EPS Misses Expectations ChampionX ( NASDAQ:CHX ) Full Year 2023 Results Key Financial Results Revenue: US$3.76b (down 1.3% from FY 2022). Net... Simply Wall St. • 5 months ago CHX -0.91% ChampionX Corp (CHX) Announces Full Year Net Income Surge and Increased Shareholder Returns Robust Earnings and Cash Flow Enable 12% Dividend Hike and Expanded Share Buyback Program GuruFocus.com • 5 months ago CHX -0.91% ChampionX Reports Fourth Quarter and Full Year 2023 Results, Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Dividend by 12% Fourth-quarter revenue of $943.6 million decreased 4% year-over-year, flat sequentiallyFourth-quarter net income attributable to ChampionX of $77.2 million increased 14% year-over-year, and decreased 1% sequentiallyFourth-quarter adjusted EBITDA of $198.1 million increased 10% year-over-year, flat sequentiallyFourth-quarter cash from operating activities of $169.0 million and free cash flow of $139.8 millionFull-year net income attributable to ChampionX of $314.2 million increased 103% year-over GlobeNewswire • 5 months ago CHX -0.91% While shareholders of ChampionX (NASDAQ:CHX) are in the black over 3 years, those who bought a week ago aren't so fortunate While ChampionX Corporation ( NASDAQ:CHX ) shareholders are probably generally happy, the stock hasn't had particularly... Simply Wall St. • 6 months ago CHX -0.91% ChampionX Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule THE WOODLANDS, Texas, Jan. 03, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its fourth quarter and full year 2023 operating results on Monday, February 5, 2024, after the market closes. The Company has scheduled a conference call for Tuesday, February 6, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time) to discuss the results. The call will be available by live webcast on ChampionX’s website at https://inv GlobeNewswire • 6 months ago CHX -0.91% Will Weakness in ChampionX Corporation's (NASDAQ:CHX) Stock Prove Temporary Given Strong Fundamentals? With its stock down 17% over the past three months, it is easy to disregard ChampionX (NASDAQ:CHX). But if you pay... Simply Wall St. • 8 months ago CHX -0.91% ChampionX Corp (CHX) Q3 2023 Earnings: Robust Growth and Strong Cash Flow Generation Despite a slight revenue decrease, the company reports significant year-over-year increases in net income and adjusted EBITDA GuruFocus.com • 8 months ago CHX -0.91% ChampionX Reports Third Quarter 2023 Results Revenue of $939.8 million, decreased 8% year-over-year and increased 1% sequentiallyNet income attributable to ChampionX of $77.7 million, increased 237% year-over-yearAdjusted net income of $80.9 million, increased 19% year-over-yearAdjusted EBITDA of $189.5 million, increased 14% year-over-yearIncome before income taxes margin of 11.7%, increased 802 basis points year-over-yearAdjusted EBITDA margin of 20.2%, increased 391 basis points year-over-yearCash from operating activities of $163.0 mil GlobeNewswire • 8 months ago CHX -0.91% Is ChampionX Corporation (NASDAQ:CHX) Trading At A 20% Discount? Key Insights ChampionX's estimated fair value is US$42.05 based on 2 Stage Free Cash Flow to Equity ChampionX's... Simply Wall St. • 9 months ago CHX -0.91% ChampionX Publishes 2022 Sustainability Report THE WOODLANDS, Texas, Oct. 03, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX), a global leader in chemistry programs and services, artificial lift solutions, automation and optimization equipment, and drilling technologies for the upstream and midstream oil and gas industry, today published its 2022 corporate sustainability report. The report captures important information regarding the company’s global operations and strategy to address its four environmental, social and governanc GlobeNewswire • 9 months ago CHX -0.91% View Source12: CHX shares have gained 8.5% year to date, underperforming the Zacks Engineering - R and D Services industry’s 18.8% rise. Despite operating in a challenging environment, the company has showcased resilience, as evidenced by its performance. The first quarter of 2024 showcased the resilience of ChampionX's portfolio, with the company achieving strong adjusted EBITDA and adjusted EBITDA margin and generating robust free cash flow despite typical international seasonal headwinds. The company's ongoing focus on productivity led to significant year-over-year profitability improvement. View Source13: CHX shares have gained 8.5% year to date, underperforming the Zacks Engineering - R and D Services industry’s 18.8% rise. Despite operating in a challenging environment, the company has showcased resilience, as evidenced by its performance. The first quarter of 2024 showcased the resilience of ChampionX's portfolio, with the company achieving strong adjusted EBITDA and adjusted EBITDA margin and generating robust free cash flow despite typical international seasonal headwinds. The company's ongoing focus on productivity led to significant year-over-year profitability improvement. View Source14: ChampionX Corporation CHX, a leader in oilfield technology, acquired RMSpumptools Limited, a prominent designer and manufacturer of sophisticated mechanical and electrical solutions for complex artificial lift applications. This strategic move significantly strengthens ChampionX's capabilities and broadens its presence in critical international markets.Sivasankaran "Soma" Somasundaram, president and CEO of ChampionX, emphasized the importance of this acquisition, stating, “By adding RMSpumptools technology to our Production & Automation Technologies (PAT) portfolio, ChampionX advances its ability to deliver greater value to customers while creating growth opportunities in international markets such as the Middle East, Latin America, and global offshore projects.”Renowned for its expertise in electrical penetrator and connector systems, mechanical completion systems, and subsea connector systems, RMSpumptools perfectly complements ChampionX’s existing offerings. The amalgamation of RMSpumptools' innovative technologies with ChampionX's robust North American presence is expected to spur significant growth and market penetration.ChampionX intends to operate RMSpumptools as a standalone business unit within the PAT segment, ensuring the continuation of the high-level customer service RMSpumptools’ clients expect.With manufacturing and delivery operations in the United Kingdom, Saudi Arabia, and the United Arab Emirates, RMSpumptools is well-positioned to enhance ChampionX’s market reach. The acquisition not only augments ChampionX’s product portfolio but also opens new avenues for growth in the global oilfield services market.This acquisition represents a pivotal step for ChampionX, bolstering its technology portfolio and expanding its global footprint. The integration of RMSpumptools’ advanced solutions is poised to provide substantial value to customers and drive growth in key international markets. As the oilfield services industry evolves, ChampionX’s strategic acquisition positions it for sustained success and innovation. View Source15: ChampionX acquires Artificial Lift Performance Limited to expand digital solutions portfolio View Source16: CHX shares have gained 8.5% year to date, underperforming the Zacks Engineering - R and D Services industry’s 18.8% rise. Despite operating in a challenging environment, the company has showcased resilience, as evidenced by its performance. The first quarter of 2024 showcased the resilience of ChampionX's portfolio, with the company achieving strong adjusted EBITDA and adjusted EBITDA margin and generating robust free cash flow despite typical international seasonal headwinds. The company's ongoing focus on productivity led to significant year-over-year profitability improvement. View Source

YES

ChampionX Corporation has introduced new product offerings, such as the ESP Control System for Unconventional Wells 17.

17: ChampionX Introduces ESP Control System for Unconventional Wells View Source

ChampionX Corporation's product roadmap and expansion strategy for 2024 through 2026 emphasize strategic acquisitions and technological advancements to enhance its market presence and capabilities. The company has recently acquired RMSpumptools Limited and Artificial Lift Performance Limited, which significantly bolster its offerings in mechanical and electrical solutions for complex artificial lift applications and advanced analytics for oil and gas production performance, respectively 18 19. These acquisitions are expected to drive growth in key international markets, including the Middle East, Latin America, and global offshore projects 20. ChampionX plans to operate RMSpumptools as a standalone business unit within its Production & Automation Technologies segment, ensuring continuity in customer service while expanding its global footprint 21. The company remains committed to innovation, sustainability, and delivering greater value to customers, positioning itself for sustained success in the evolving oilfield services industry 22 23.

18: ChampionX Acquires RMSpumptools, Expanding Global Presence in Offshore Production Technologies Markets THE WOODLANDS, Texas, July 09, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today it has completed the acquisition of RMSpumptools Limited, a designer and manufacturer of highly engineered mechanical and electrical solutions for complex artificial lift applications. “By adding RMSpumptools technology to our Production & Automation Technologies (“PAT”) portfolio, ChampionX advances its ability to del GlobeNewswire • 14 days ago CHX -0.91% ChampionX Declares Quarterly Dividend THE WOODLANDS, Texas, May 16, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX) announced today its Board of Directors has declared a regular quarterly dividend of $0.095 per share on the company’s common stock, par value $0.01 per share, to be paid on July 26, 2024 to shareholders of record on July 5, 2024. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and pr GlobeNewswire • 2 months ago CHX -0.91% ChampionX Reports First Quarter 2024 Results Revenue of $922.1 million, decreased 3% year-over-yearNet income attributable to ChampionX of $112.9 million, increased 78% year-over-yearAdjusted net income of $96.4 million, increased 17% year-over-yearAdjusted EBITDA of $191.7 million, increased 4% year-over-yearIncome before income taxes margin of 15.2%, increased 547 basis points year-over-yearAdjusted EBITDA margin of 20.8%, increased 130 basis points year-over-yearCash from operating activities of $173.5 million and free cash flow of $144 GlobeNewswire • 2 months ago CHX -0.91% SLB ChampionX Announces First Quarter 2024 Earnings Release Date THE WOODLANDS, Texas, April 09, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its first quarter 2024 operating results on Wednesday, April 24, 2024, after the market closes. ChampionX will not host a conference call or webcast to discuss its first quarter 2024 results. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that GlobeNewswire • 3 months ago CHX -0.91% SLB Announces Agreement to Acquire ChampionX in an All-Stock Transaction Acquisition strengthens SLB as a leader in production space, with world-class production chemicals and artificial lift technologiesCombined portfolios will drive customer value through deep industry expertise and digital integration, as well as enhanced equipment life and production optimizationChampionX shareholders to receive 0.735 SLB shares for each share of ChampionXAnnual pre-tax synergies to reach approximately $400 million within three yearsSLB will increase its total returns to sharehol GlobeNewswire • 3 months ago SLB CHX -0.91% Is There An Opportunity With ChampionX Corporation's (NASDAQ:CHX) 28% Undervaluation? Key Insights Using the 2 Stage Free Cash Flow to Equity, ChampionX fair value estimate is US$50.08 ChampionX's US$35.89... Simply Wall St. • 3 months ago CHX -0.91% ChampionX Agrees to Acquire RMSpumptools, Expanding Reach in International, Offshore Production Technologies Markets THE WOODLANDS, Texas, March 22, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today it plans to acquire RMSpumptools Limited, a business unit of the energy division of UK-based James Fisher and Sons plc (“JFS”). The unit designs and manufactures highly engineered mechanical and electrical solutions for complex artificial lift applications. Under the terms of the agreement, the net purchase price is a GlobeNewswire • 4 months ago CHX -0.91% Returns on Capital Paint A Bright Future For ChampionX (NASDAQ:CHX) Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key... Simply Wall St. • 4 months ago CHX -0.91% ChampionX's (NASDAQ:CHX) Dividend Will Be Increased To $0.095 ChampionX Corporation's ( NASDAQ:CHX ) dividend will be increasing from last year's payment of the same period to... Simply Wall St. • 4 months ago CHX -0.91% ChampionX acquires Artificial Lift Performance Limited to expand digital solutions portfolio THE WOODLANDS, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today the acquisition of Artificial Lift Performance Limited (“ALP”), a provider of advanced analytics solutions for enhancing oil and gas production performance. Based in Edinburgh, Scotland, ALP has extensive expertise in developing artificial lift optimization software designed to maximize production and extend the life of artificial lift equipment. “The acquisi GlobeNewswire • 4 months ago CHX -0.91% ChampionX Full Year 2023 Earnings: EPS Misses Expectations ChampionX ( NASDAQ:CHX ) Full Year 2023 Results Key Financial Results Revenue: US$3.76b (down 1.3% from FY 2022). Net... Simply Wall St. • 5 months ago CHX -0.91% ChampionX Corp (CHX) Announces Full Year Net Income Surge and Increased Shareholder Returns Robust Earnings and Cash Flow Enable 12% Dividend Hike and Expanded Share Buyback Program GuruFocus.com • 5 months ago CHX -0.91% ChampionX Reports Fourth Quarter and Full Year 2023 Results, Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Dividend by 12% Fourth-quarter revenue of $943.6 million decreased 4% year-over-year, flat sequentiallyFourth-quarter net income attributable to ChampionX of $77.2 million increased 14% year-over-year, and decreased 1% sequentiallyFourth-quarter adjusted EBITDA of $198.1 million increased 10% year-over-year, flat sequentiallyFourth-quarter cash from operating activities of $169.0 million and free cash flow of $139.8 millionFull-year net income attributable to ChampionX of $314.2 million increased 103% year-over GlobeNewswire • 5 months ago CHX -0.91% While shareholders of ChampionX (NASDAQ:CHX) are in the black over 3 years, those who bought a week ago aren't so fortunate While ChampionX Corporation ( NASDAQ:CHX ) shareholders are probably generally happy, the stock hasn't had particularly... Simply Wall St. • 6 months ago CHX -0.91% ChampionX Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule THE WOODLANDS, Texas, Jan. 03, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its fourth quarter and full year 2023 operating results on Monday, February 5, 2024, after the market closes. The Company has scheduled a conference call for Tuesday, February 6, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time) to discuss the results. The call will be available by live webcast on ChampionX’s website at https://inv GlobeNewswire • 6 months ago CHX -0.91% Will Weakness in ChampionX Corporation's (NASDAQ:CHX) Stock Prove Temporary Given Strong Fundamentals? With its stock down 17% over the past three months, it is easy to disregard ChampionX (NASDAQ:CHX). But if you pay... Simply Wall St. • 8 months ago CHX -0.91% ChampionX Corp (CHX) Q3 2023 Earnings: Robust Growth and Strong Cash Flow Generation Despite a slight revenue decrease, the company reports significant year-over-year increases in net income and adjusted EBITDA GuruFocus.com • 8 months ago CHX -0.91% ChampionX Reports Third Quarter 2023 Results Revenue of $939.8 million, decreased 8% year-over-year and increased 1% sequentiallyNet income attributable to ChampionX of $77.7 million, increased 237% year-over-yearAdjusted net income of $80.9 million, increased 19% year-over-yearAdjusted EBITDA of $189.5 million, increased 14% year-over-yearIncome before income taxes margin of 11.7%, increased 802 basis points year-over-yearAdjusted EBITDA margin of 20.2%, increased 391 basis points year-over-yearCash from operating activities of $163.0 mil GlobeNewswire • 8 months ago CHX -0.91% Is ChampionX Corporation (NASDAQ:CHX) Trading At A 20% Discount? Key Insights ChampionX's estimated fair value is US$42.05 based on 2 Stage Free Cash Flow to Equity ChampionX's... Simply Wall St. • 9 months ago CHX -0.91% ChampionX Publishes 2022 Sustainability Report THE WOODLANDS, Texas, Oct. 03, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX), a global leader in chemistry programs and services, artificial lift solutions, automation and optimization equipment, and drilling technologies for the upstream and midstream oil and gas industry, today published its 2022 corporate sustainability report. The report captures important information regarding the company’s global operations and strategy to address its four environmental, social and governanc GlobeNewswire • 9 months ago CHX -0.91% View Source19: ChampionX acquires Artificial Lift Performance Limited to expand digital solutions portfolio View Source20: ChampionX Corporation CHX, a leader in oilfield technology, acquired RMSpumptools Limited, a prominent designer and manufacturer of sophisticated mechanical and electrical solutions for complex artificial lift applications. This strategic move significantly strengthens ChampionX's capabilities and broadens its presence in critical international markets.Sivasankaran "Soma" Somasundaram, president and CEO of ChampionX, emphasized the importance of this acquisition, stating, “By adding RMSpumptools technology to our Production & Automation Technologies (PAT) portfolio, ChampionX advances its ability to deliver greater value to customers while creating growth opportunities in international markets such as the Middle East, Latin America, and global offshore projects.”Renowned for its expertise in electrical penetrator and connector systems, mechanical completion systems, and subsea connector systems, RMSpumptools perfectly complements ChampionX’s existing offerings. The amalgamation of RMSpumptools' innovative technologies with ChampionX's robust North American presence is expected to spur significant growth and market penetration.ChampionX intends to operate RMSpumptools as a standalone business unit within the PAT segment, ensuring the continuation of the high-level customer service RMSpumptools’ clients expect.With manufacturing and delivery operations in the United Kingdom, Saudi Arabia, and the United Arab Emirates, RMSpumptools is well-positioned to enhance ChampionX’s market reach. The acquisition not only augments ChampionX’s product portfolio but also opens new avenues for growth in the global oilfield services market.This acquisition represents a pivotal step for ChampionX, bolstering its technology portfolio and expanding its global footprint. The integration of RMSpumptools’ advanced solutions is poised to provide substantial value to customers and drive growth in key international markets. As the oilfield services industry evolves, ChampionX’s strategic acquisition positions it for sustained success and innovation. View Source21: ChampionX Corporation CHX, a leader in oilfield technology, acquired RMSpumptools Limited, a prominent designer and manufacturer of sophisticated mechanical and electrical solutions for complex artificial lift applications. This strategic move significantly strengthens ChampionX's capabilities and broadens its presence in critical international markets.Sivasankaran "Soma" Somasundaram, president and CEO of ChampionX, emphasized the importance of this acquisition, stating, “By adding RMSpumptools technology to our Production & Automation Technologies (PAT) portfolio, ChampionX advances its ability to deliver greater value to customers while creating growth opportunities in international markets such as the Middle East, Latin America, and global offshore projects.”Renowned for its expertise in electrical penetrator and connector systems, mechanical completion systems, and subsea connector systems, RMSpumptools perfectly complements ChampionX’s existing offerings. The amalgamation of RMSpumptools' innovative technologies with ChampionX's robust North American presence is expected to spur significant growth and market penetration.ChampionX intends to operate RMSpumptools as a standalone business unit within the PAT segment, ensuring the continuation of the high-level customer service RMSpumptools’ clients expect.With manufacturing and delivery operations in the United Kingdom, Saudi Arabia, and the United Arab Emirates, RMSpumptools is well-positioned to enhance ChampionX’s market reach. The acquisition not only augments ChampionX’s product portfolio but also opens new avenues for growth in the global oilfield services market.This acquisition represents a pivotal step for ChampionX, bolstering its technology portfolio and expanding its global footprint. The integration of RMSpumptools’ advanced solutions is poised to provide substantial value to customers and drive growth in key international markets. As the oilfield services industry evolves, ChampionX’s strategic acquisition positions it for sustained success and innovation. View Source22: ChampionX Corporation CHX, a leader in oilfield technology, acquired RMSpumptools Limited, a prominent designer and manufacturer of sophisticated mechanical and electrical solutions for complex artificial lift applications. This strategic move significantly strengthens ChampionX's capabilities and broadens its presence in critical international markets.Sivasankaran "Soma" Somasundaram, president and CEO of ChampionX, emphasized the importance of this acquisition, stating, “By adding RMSpumptools technology to our Production & Automation Technologies (PAT) portfolio, ChampionX advances its ability to deliver greater value to customers while creating growth opportunities in international markets such as the Middle East, Latin America, and global offshore projects.”Renowned for its expertise in electrical penetrator and connector systems, mechanical completion systems, and subsea connector systems, RMSpumptools perfectly complements ChampionX’s existing offerings. The amalgamation of RMSpumptools' innovative technologies with ChampionX's robust North American presence is expected to spur significant growth and market penetration.ChampionX intends to operate RMSpumptools as a standalone business unit within the PAT segment, ensuring the continuation of the high-level customer service RMSpumptools’ clients expect.With manufacturing and delivery operations in the United Kingdom, Saudi Arabia, and the United Arab Emirates, RMSpumptools is well-positioned to enhance ChampionX’s market reach. The acquisition not only augments ChampionX’s product portfolio but also opens new avenues for growth in the global oilfield services market.This acquisition represents a pivotal step for ChampionX, bolstering its technology portfolio and expanding its global footprint. The integration of RMSpumptools’ advanced solutions is poised to provide substantial value to customers and drive growth in key international markets. As the oilfield services industry evolves, ChampionX’s strategic acquisition positions it for sustained success and innovation. View Source23: ChampionX is committed to developing initiatives that align with its purpose of Improving Lives and help deliver value for its shareholders by supporting its customers’ carbon-reduction efforts, providing fulfilling career opportunities for its employees, and enhancing the communities where it operates globally. View Source

Sources

1: ChampionX Acquires RMSpumptools, Expanding Global Presence in Offshore Production Technologies Markets THE WOODLANDS, Texas, July 09, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today it has completed the acquisition of RMSpumptools Limited, a designer and manufacturer of highly engineered mechanical and electrical solutions for complex artificial lift applications. “By adding RMSpumptools technology to our Production & Automation Technologies (“PAT”) portfolio, ChampionX advances its ability to del GlobeNewswire • 14 days ago CHX -0.91% ChampionX Declares Quarterly Dividend THE WOODLANDS, Texas, May 16, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX) announced today its Board of Directors has declared a regular quarterly dividend of $0.095 per share on the company’s common stock, par value $0.01 per share, to be paid on July 26, 2024 to shareholders of record on July 5, 2024. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and pr GlobeNewswire • 2 months ago CHX -0.91% ChampionX Reports First Quarter 2024 Results Revenue of $922.1 million, decreased 3% year-over-yearNet income attributable to ChampionX of $112.9 million, increased 78% year-over-yearAdjusted net income of $96.4 million, increased 17% year-over-yearAdjusted EBITDA of $191.7 million, increased 4% year-over-yearIncome before income taxes margin of 15.2%, increased 547 basis points year-over-yearAdjusted EBITDA margin of 20.8%, increased 130 basis points year-over-yearCash from operating activities of $173.5 million and free cash flow of $144 GlobeNewswire • 2 months ago CHX -0.91% SLB ChampionX Announces First Quarter 2024 Earnings Release Date THE WOODLANDS, Texas, April 09, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its first quarter 2024 operating results on Wednesday, April 24, 2024, after the market closes. ChampionX will not host a conference call or webcast to discuss its first quarter 2024 results. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that GlobeNewswire • 3 months ago CHX -0.91% SLB Announces Agreement to Acquire ChampionX in an All-Stock Transaction Acquisition strengthens SLB as a leader in production space, with world-class production chemicals and artificial lift technologiesCombined portfolios will drive customer value through deep industry expertise and digital integration, as well as enhanced equipment life and production optimizationChampionX shareholders to receive 0.735 SLB shares for each share of ChampionXAnnual pre-tax synergies to reach approximately $400 million within three yearsSLB will increase its total returns to sharehol GlobeNewswire • 3 months ago SLB CHX -0.91% Is There An Opportunity With ChampionX Corporation's (NASDAQ:CHX) 28% Undervaluation? Key Insights Using the 2 Stage Free Cash Flow to Equity, ChampionX fair value estimate is US$50.08 ChampionX's US$35.89... Simply Wall St. • 3 months ago CHX -0.91% ChampionX Agrees to Acquire RMSpumptools, Expanding Reach in International, Offshore Production Technologies Markets THE WOODLANDS, Texas, March 22, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today it plans to acquire RMSpumptools Limited, a business unit of the energy division of UK-based James Fisher and Sons plc (“JFS”). The unit designs and manufactures highly engineered mechanical and electrical solutions for complex artificial lift applications. Under the terms of the agreement, the net purchase price is a GlobeNewswire • 4 months ago CHX -0.91% Returns on Capital Paint A Bright Future For ChampionX (NASDAQ:CHX) Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key... Simply Wall St. • 4 months ago CHX -0.91% ChampionX's (NASDAQ:CHX) Dividend Will Be Increased To $0.095 ChampionX Corporation's ( NASDAQ:CHX ) dividend will be increasing from last year's payment of the same period to... Simply Wall St. • 4 months ago CHX -0.91% ChampionX acquires Artificial Lift Performance Limited to expand digital solutions portfolio THE WOODLANDS, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today the acquisition of Artificial Lift Performance Limited (“ALP”), a provider of advanced analytics solutions for enhancing oil and gas production performance. Based in Edinburgh, Scotland, ALP has extensive expertise in developing artificial lift optimization software designed to maximize production and extend the life of artificial lift equipment. “The acquisi GlobeNewswire • 4 months ago CHX -0.91% ChampionX Full Year 2023 Earnings: EPS Misses Expectations ChampionX ( NASDAQ:CHX ) Full Year 2023 Results Key Financial Results Revenue: US$3.76b (down 1.3% from FY 2022). Net... Simply Wall St. • 5 months ago CHX -0.91% ChampionX Corp (CHX) Announces Full Year Net Income Surge and Increased Shareholder Returns Robust Earnings and Cash Flow Enable 12% Dividend Hike and Expanded Share Buyback Program GuruFocus.com • 5 months ago CHX -0.91% ChampionX Reports Fourth Quarter and Full Year 2023 Results, Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Dividend by 12% Fourth-quarter revenue of $943.6 million decreased 4% year-over-year, flat sequentiallyFourth-quarter net income attributable to ChampionX of $77.2 million increased 14% year-over-year, and decreased 1% sequentiallyFourth-quarter adjusted EBITDA of $198.1 million increased 10% year-over-year, flat sequentiallyFourth-quarter cash from operating activities of $169.0 million and free cash flow of $139.8 millionFull-year net income attributable to ChampionX of $314.2 million increased 103% year-over GlobeNewswire • 5 months ago CHX -0.91% While shareholders of ChampionX (NASDAQ:CHX) are in the black over 3 years, those who bought a week ago aren't so fortunate While ChampionX Corporation ( NASDAQ:CHX ) shareholders are probably generally happy, the stock hasn't had particularly... Simply Wall St. • 6 months ago CHX -0.91% ChampionX Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule THE WOODLANDS, Texas, Jan. 03, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its fourth quarter and full year 2023 operating results on Monday, February 5, 2024, after the market closes. The Company has scheduled a conference call for Tuesday, February 6, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time) to discuss the results. The call will be available by live webcast on ChampionX’s website at https://inv GlobeNewswire • 6 months ago CHX -0.91% Will Weakness in ChampionX Corporation's (NASDAQ:CHX) Stock Prove Temporary Given Strong Fundamentals? With its stock down 17% over the past three months, it is easy to disregard ChampionX (NASDAQ:CHX). But if you pay... Simply Wall St. • 8 months ago CHX -0.91% ChampionX Corp (CHX) Q3 2023 Earnings: Robust Growth and Strong Cash Flow Generation Despite a slight revenue decrease, the company reports significant year-over-year increases in net income and adjusted EBITDA GuruFocus.com • 8 months ago CHX -0.91% ChampionX Reports Third Quarter 2023 Results Revenue of $939.8 million, decreased 8% year-over-year and increased 1% sequentiallyNet income attributable to ChampionX of $77.7 million, increased 237% year-over-yearAdjusted net income of $80.9 million, increased 19% year-over-yearAdjusted EBITDA of $189.5 million, increased 14% year-over-yearIncome before income taxes margin of 11.7%, increased 802 basis points year-over-yearAdjusted EBITDA margin of 20.2%, increased 391 basis points year-over-yearCash from operating activities of $163.0 mil GlobeNewswire • 8 months ago CHX -0.91% Is ChampionX Corporation (NASDAQ:CHX) Trading At A 20% Discount? Key Insights ChampionX's estimated fair value is US$42.05 based on 2 Stage Free Cash Flow to Equity ChampionX's... Simply Wall St. • 9 months ago CHX -0.91% ChampionX Publishes 2022 Sustainability Report THE WOODLANDS, Texas, Oct. 03, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX), a global leader in chemistry programs and services, artificial lift solutions, automation and optimization equipment, and drilling technologies for the upstream and midstream oil and gas industry, today published its 2022 corporate sustainability report. The report captures important information regarding the company’s global operations and strategy to address its four environmental, social and governanc GlobeNewswire • 9 months ago CHX -0.91% View Source2: ChampionX (formerly known as Apergy Corporation) is a global leader in chemistry solutions and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely and efficiently around the world. ChampionX’s products provide efficient functioning throughout the lifecycle of a well with a focus on the production phase of wells. View Source3: ChampionX Corporation provides chemistry solutions, artificial lift systems, and engineered equipment and technologies to oil and gas companies worldwide. The company operates through four segments: Production Chemical Technologies, Production & Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies. The Production Chemical Technologies segment offers onshore, offshore, and oil sands chemical solutions, such as corrosion inhibitors, scale inhibitors, emulsion breakers, and biocides to oil and natural gas production and midstream markets to manage and control corrosion, oil and water separation, flow assurance, sour gas treatment, and water-related issues. The Production & Automation Technologies segment provides artificial lift equipment, end-to-end digital automation solutions, and other production equipment and emissions monitoring solutions, including electrical submersible pumping systems, gas lift systems, jet pumps, multiplex surface pumps, plunger lift equipment, progressive cavity pumping systems, downhole rod lift systems, methane emissions monitoring solutions, chemical injection systems, flow control valves, and gauges under the Harbison-Fischer, Norris, Alberta Oil Tool, Oil Lift Technology, PCS Ferguson, Pro-Rod, Upco, Unbridled ESP, Norriseal-Wellmark, Quartzdyne, Spirit, Theta, Timberline, and Windrock brands. The Drilling Technologies segment offers polycrystalline diamond cutter inserts, bearings, valves, nozzles, and mining tools used in oil and gas drill bits under the US Synthetic brand; and high-density ceramic roof bolt mining tools for underground mining operations. The Reservoir Chemical Technologies segment provides chemistry-oriented solutions and technologies for well drilling, cementing, fracturing, acidizing, and other well interventions, as well as fracturing, drilling, cementing, acidizing additives. The company was founded in 1882 and is headquartered in The Woodlands, Texas. View Source4: ChampionX (formerly known as Apergy Corporation) is a global leader in chemistry solutions and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely and efficiently around the world. ChampionX’s products provide efficient functioning throughout the lifecycle of a well with a focus on the production phase of wells. View Source5: ChampionX Corporation provides chemistry solutions, artificial lift systems, and engineered equipment and technologies to oil and gas companies worldwide. The company operates through four segments: Production Chemical Technologies, Production & Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies. The Production Chemical Technologies segment offers onshore, offshore, and oil sands chemical solutions, such as corrosion inhibitors, scale inhibitors, emulsion breakers, and biocides to oil and natural gas production and midstream markets to manage and control corrosion, oil and water separation, flow assurance, sour gas treatment, and water-related issues. The Production & Automation Technologies segment provides artificial lift equipment, end-to-end digital automation solutions, and other production equipment and emissions monitoring solutions, including electrical submersible pumping systems, gas lift systems, jet pumps, multiplex surface pumps, plunger lift equipment, progressive cavity pumping systems, downhole rod lift systems, methane emissions monitoring solutions, chemical injection systems, flow control valves, and gauges under the Harbison-Fischer, Norris, Alberta Oil Tool, Oil Lift Technology, PCS Ferguson, Pro-Rod, Upco, Unbridled ESP, Norriseal-Wellmark, Quartzdyne, Spirit, Theta, Timberline, and Windrock brands. The Drilling Technologies segment offers polycrystalline diamond cutter inserts, bearings, valves, nozzles, and mining tools used in oil and gas drill bits under the US Synthetic brand; and high-density ceramic roof bolt mining tools for underground mining operations. The Reservoir Chemical Technologies segment provides chemistry-oriented solutions and technologies for well drilling, cementing, fracturing, acidizing, and other well interventions, as well as fracturing, drilling, cementing, acidizing additives. The company was founded in 1882 and is headquartered in The Woodlands, Texas. View Source6: ChampionX Acquires RMSpumptools, Expanding Global Presence in Offshore Production Technologies Markets THE WOODLANDS, Texas, July 09, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today it has completed the acquisition of RMSpumptools Limited, a designer and manufacturer of highly engineered mechanical and electrical solutions for complex artificial lift applications. “By adding RMSpumptools technology to our Production & Automation Technologies (“PAT”) portfolio, ChampionX advances its ability to del GlobeNewswire • 14 days ago CHX -0.91% ChampionX Declares Quarterly Dividend THE WOODLANDS, Texas, May 16, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX) announced today its Board of Directors has declared a regular quarterly dividend of $0.095 per share on the company’s common stock, par value $0.01 per share, to be paid on July 26, 2024 to shareholders of record on July 5, 2024. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and pr GlobeNewswire • 2 months ago CHX -0.91% ChampionX Reports First Quarter 2024 Results Revenue of $922.1 million, decreased 3% year-over-yearNet income attributable to ChampionX of $112.9 million, increased 78% year-over-yearAdjusted net income of $96.4 million, increased 17% year-over-yearAdjusted EBITDA of $191.7 million, increased 4% year-over-yearIncome before income taxes margin of 15.2%, increased 547 basis points year-over-yearAdjusted EBITDA margin of 20.8%, increased 130 basis points year-over-yearCash from operating activities of $173.5 million and free cash flow of $144 GlobeNewswire • 2 months ago CHX -0.91% SLB ChampionX Announces First Quarter 2024 Earnings Release Date THE WOODLANDS, Texas, April 09, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its first quarter 2024 operating results on Wednesday, April 24, 2024, after the market closes. ChampionX will not host a conference call or webcast to discuss its first quarter 2024 results. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that GlobeNewswire • 3 months ago CHX -0.91% SLB Announces Agreement to Acquire ChampionX in an All-Stock Transaction Acquisition strengthens SLB as a leader in production space, with world-class production chemicals and artificial lift technologiesCombined portfolios will drive customer value through deep industry expertise and digital integration, as well as enhanced equipment life and production optimizationChampionX shareholders to receive 0.735 SLB shares for each share of ChampionXAnnual pre-tax synergies to reach approximately $400 million within three yearsSLB will increase its total returns to sharehol GlobeNewswire • 3 months ago SLB CHX -0.91% Is There An Opportunity With ChampionX Corporation's (NASDAQ:CHX) 28% Undervaluation? Key Insights Using the 2 Stage Free Cash Flow to Equity, ChampionX fair value estimate is US$50.08 ChampionX's US$35.89... Simply Wall St. • 3 months ago CHX -0.91% ChampionX Agrees to Acquire RMSpumptools, Expanding Reach in International, Offshore Production Technologies Markets THE WOODLANDS, Texas, March 22, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today it plans to acquire RMSpumptools Limited, a business unit of the energy division of UK-based James Fisher and Sons plc (“JFS”). The unit designs and manufactures highly engineered mechanical and electrical solutions for complex artificial lift applications. Under the terms of the agreement, the net purchase price is a GlobeNewswire • 4 months ago CHX -0.91% Returns on Capital Paint A Bright Future For ChampionX (NASDAQ:CHX) Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key... Simply Wall St. • 4 months ago CHX -0.91% ChampionX's (NASDAQ:CHX) Dividend Will Be Increased To $0.095 ChampionX Corporation's ( NASDAQ:CHX ) dividend will be increasing from last year's payment of the same period to... Simply Wall St. • 4 months ago CHX -0.91% ChampionX acquires Artificial Lift Performance Limited to expand digital solutions portfolio THE WOODLANDS, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today the acquisition of Artificial Lift Performance Limited (“ALP”), a provider of advanced analytics solutions for enhancing oil and gas production performance. Based in Edinburgh, Scotland, ALP has extensive expertise in developing artificial lift optimization software designed to maximize production and extend the life of artificial lift equipment. “The acquisi GlobeNewswire • 4 months ago CHX -0.91% ChampionX Full Year 2023 Earnings: EPS Misses Expectations ChampionX ( NASDAQ:CHX ) Full Year 2023 Results Key Financial Results Revenue: US$3.76b (down 1.3% from FY 2022). Net... Simply Wall St. • 5 months ago CHX -0.91% ChampionX Corp (CHX) Announces Full Year Net Income Surge and Increased Shareholder Returns Robust Earnings and Cash Flow Enable 12% Dividend Hike and Expanded Share Buyback Program GuruFocus.com • 5 months ago CHX -0.91% ChampionX Reports Fourth Quarter and Full Year 2023 Results, Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Dividend by 12% Fourth-quarter revenue of $943.6 million decreased 4% year-over-year, flat sequentiallyFourth-quarter net income attributable to ChampionX of $77.2 million increased 14% year-over-year, and decreased 1% sequentiallyFourth-quarter adjusted EBITDA of $198.1 million increased 10% year-over-year, flat sequentiallyFourth-quarter cash from operating activities of $169.0 million and free cash flow of $139.8 millionFull-year net income attributable to ChampionX of $314.2 million increased 103% year-over GlobeNewswire • 5 months ago CHX -0.91% While shareholders of ChampionX (NASDAQ:CHX) are in the black over 3 years, those who bought a week ago aren't so fortunate While ChampionX Corporation ( NASDAQ:CHX ) shareholders are probably generally happy, the stock hasn't had particularly... Simply Wall St. • 6 months ago CHX -0.91% ChampionX Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule THE WOODLANDS, Texas, Jan. 03, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its fourth quarter and full year 2023 operating results on Monday, February 5, 2024, after the market closes. The Company has scheduled a conference call for Tuesday, February 6, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time) to discuss the results. The call will be available by live webcast on ChampionX’s website at https://inv GlobeNewswire • 6 months ago CHX -0.91% Will Weakness in ChampionX Corporation's (NASDAQ:CHX) Stock Prove Temporary Given Strong Fundamentals? With its stock down 17% over the past three months, it is easy to disregard ChampionX (NASDAQ:CHX). But if you pay... Simply Wall St. • 8 months ago CHX -0.91% ChampionX Corp (CHX) Q3 2023 Earnings: Robust Growth and Strong Cash Flow Generation Despite a slight revenue decrease, the company reports significant year-over-year increases in net income and adjusted EBITDA GuruFocus.com • 8 months ago CHX -0.91% ChampionX Reports Third Quarter 2023 Results Revenue of $939.8 million, decreased 8% year-over-year and increased 1% sequentiallyNet income attributable to ChampionX of $77.7 million, increased 237% year-over-yearAdjusted net income of $80.9 million, increased 19% year-over-yearAdjusted EBITDA of $189.5 million, increased 14% year-over-yearIncome before income taxes margin of 11.7%, increased 802 basis points year-over-yearAdjusted EBITDA margin of 20.2%, increased 391 basis points year-over-yearCash from operating activities of $163.0 mil GlobeNewswire • 8 months ago CHX -0.91% Is ChampionX Corporation (NASDAQ:CHX) Trading At A 20% Discount? Key Insights ChampionX's estimated fair value is US$42.05 based on 2 Stage Free Cash Flow to Equity ChampionX's... Simply Wall St. • 9 months ago CHX -0.91% ChampionX Publishes 2022 Sustainability Report THE WOODLANDS, Texas, Oct. 03, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX), a global leader in chemistry programs and services, artificial lift solutions, automation and optimization equipment, and drilling technologies for the upstream and midstream oil and gas industry, today published its 2022 corporate sustainability report. The report captures important information regarding the company’s global operations and strategy to address its four environmental, social and governanc GlobeNewswire • 9 months ago CHX -0.91% View Source7: ChampionX Corporation CHX, a leader in oilfield technology, acquired RMSpumptools Limited, a prominent designer and manufacturer of sophisticated mechanical and electrical solutions for complex artificial lift applications. This strategic move significantly strengthens ChampionX's capabilities and broadens its presence in critical international markets.Sivasankaran "Soma" Somasundaram, president and CEO of ChampionX, emphasized the importance of this acquisition, stating, “By adding RMSpumptools technology to our Production & Automation Technologies (PAT) portfolio, ChampionX advances its ability to deliver greater value to customers while creating growth opportunities in international markets such as the Middle East, Latin America, and global offshore projects.”Renowned for its expertise in electrical penetrator and connector systems, mechanical completion systems, and subsea connector systems, RMSpumptools perfectly complements ChampionX’s existing offerings. The amalgamation of RMSpumptools' innovative technologies with ChampionX's robust North American presence is expected to spur significant growth and market penetration.ChampionX intends to operate RMSpumptools as a standalone business unit within the PAT segment, ensuring the continuation of the high-level customer service RMSpumptools’ clients expect.With manufacturing and delivery operations in the United Kingdom, Saudi Arabia, and the United Arab Emirates, RMSpumptools is well-positioned to enhance ChampionX’s market reach. The acquisition not only augments ChampionX’s product portfolio but also opens new avenues for growth in the global oilfield services market.This acquisition represents a pivotal step for ChampionX, bolstering its technology portfolio and expanding its global footprint. The integration of RMSpumptools’ advanced solutions is poised to provide substantial value to customers and drive growth in key international markets. As the oilfield services industry evolves, ChampionX’s strategic acquisition positions it for sustained success and innovation. View Source8: ChampionX acquires Artificial Lift Performance Limited to expand digital solutions portfolio View Source9: ChampionX Corporation CHX, a leader in oilfield technology, acquired RMSpumptools Limited, a prominent designer and manufacturer of sophisticated mechanical and electrical solutions for complex artificial lift applications. This strategic move significantly strengthens ChampionX's capabilities and broadens its presence in critical international markets.Sivasankaran "Soma" Somasundaram, president and CEO of ChampionX, emphasized the importance of this acquisition, stating, “By adding RMSpumptools technology to our Production & Automation Technologies (PAT) portfolio, ChampionX advances its ability to deliver greater value to customers while creating growth opportunities in international markets such as the Middle East, Latin America, and global offshore projects.”Renowned for its expertise in electrical penetrator and connector systems, mechanical completion systems, and subsea connector systems, RMSpumptools perfectly complements ChampionX’s existing offerings. The amalgamation of RMSpumptools' innovative technologies with ChampionX's robust North American presence is expected to spur significant growth and market penetration.ChampionX intends to operate RMSpumptools as a standalone business unit within the PAT segment, ensuring the continuation of the high-level customer service RMSpumptools’ clients expect.With manufacturing and delivery operations in the United Kingdom, Saudi Arabia, and the United Arab Emirates, RMSpumptools is well-positioned to enhance ChampionX’s market reach. The acquisition not only augments ChampionX’s product portfolio but also opens new avenues for growth in the global oilfield services market.This acquisition represents a pivotal step for ChampionX, bolstering its technology portfolio and expanding its global footprint. The integration of RMSpumptools’ advanced solutions is poised to provide substantial value to customers and drive growth in key international markets. As the oilfield services industry evolves, ChampionX’s strategic acquisition positions it for sustained success and innovation. View Source10: ChampionX is committed to developing initiatives that align with its purpose of Improving Lives and help deliver value for its shareholders by supporting its customers’ carbon-reduction efforts, providing fulfilling career opportunities for its employees, and enhancing the communities where it operates globally. View Source11: ChampionX Acquires RMSpumptools, Expanding Global Presence in Offshore Production Technologies Markets THE WOODLANDS, Texas, July 09, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today it has completed the acquisition of RMSpumptools Limited, a designer and manufacturer of highly engineered mechanical and electrical solutions for complex artificial lift applications. “By adding RMSpumptools technology to our Production & Automation Technologies (“PAT”) portfolio, ChampionX advances its ability to del GlobeNewswire • 14 days ago CHX -0.91% ChampionX Declares Quarterly Dividend THE WOODLANDS, Texas, May 16, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX) announced today its Board of Directors has declared a regular quarterly dividend of $0.095 per share on the company’s common stock, par value $0.01 per share, to be paid on July 26, 2024 to shareholders of record on July 5, 2024. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and pr GlobeNewswire • 2 months ago CHX -0.91% ChampionX Reports First Quarter 2024 Results Revenue of $922.1 million, decreased 3% year-over-yearNet income attributable to ChampionX of $112.9 million, increased 78% year-over-yearAdjusted net income of $96.4 million, increased 17% year-over-yearAdjusted EBITDA of $191.7 million, increased 4% year-over-yearIncome before income taxes margin of 15.2%, increased 547 basis points year-over-yearAdjusted EBITDA margin of 20.8%, increased 130 basis points year-over-yearCash from operating activities of $173.5 million and free cash flow of $144 GlobeNewswire • 2 months ago CHX -0.91% SLB ChampionX Announces First Quarter 2024 Earnings Release Date THE WOODLANDS, Texas, April 09, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its first quarter 2024 operating results on Wednesday, April 24, 2024, after the market closes. ChampionX will not host a conference call or webcast to discuss its first quarter 2024 results. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that GlobeNewswire • 3 months ago CHX -0.91% SLB Announces Agreement to Acquire ChampionX in an All-Stock Transaction Acquisition strengthens SLB as a leader in production space, with world-class production chemicals and artificial lift technologiesCombined portfolios will drive customer value through deep industry expertise and digital integration, as well as enhanced equipment life and production optimizationChampionX shareholders to receive 0.735 SLB shares for each share of ChampionXAnnual pre-tax synergies to reach approximately $400 million within three yearsSLB will increase its total returns to sharehol GlobeNewswire • 3 months ago SLB CHX -0.91% Is There An Opportunity With ChampionX Corporation's (NASDAQ:CHX) 28% Undervaluation? Key Insights Using the 2 Stage Free Cash Flow to Equity, ChampionX fair value estimate is US$50.08 ChampionX's US$35.89... Simply Wall St. • 3 months ago CHX -0.91% ChampionX Agrees to Acquire RMSpumptools, Expanding Reach in International, Offshore Production Technologies Markets THE WOODLANDS, Texas, March 22, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today it plans to acquire RMSpumptools Limited, a business unit of the energy division of UK-based James Fisher and Sons plc (“JFS”). The unit designs and manufactures highly engineered mechanical and electrical solutions for complex artificial lift applications. Under the terms of the agreement, the net purchase price is a GlobeNewswire • 4 months ago CHX -0.91% Returns on Capital Paint A Bright Future For ChampionX (NASDAQ:CHX) Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key... Simply Wall St. • 4 months ago CHX -0.91% ChampionX's (NASDAQ:CHX) Dividend Will Be Increased To $0.095 ChampionX Corporation's ( NASDAQ:CHX ) dividend will be increasing from last year's payment of the same period to... Simply Wall St. • 4 months ago CHX -0.91% ChampionX acquires Artificial Lift Performance Limited to expand digital solutions portfolio THE WOODLANDS, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today the acquisition of Artificial Lift Performance Limited (“ALP”), a provider of advanced analytics solutions for enhancing oil and gas production performance. Based in Edinburgh, Scotland, ALP has extensive expertise in developing artificial lift optimization software designed to maximize production and extend the life of artificial lift equipment. “The acquisi GlobeNewswire • 4 months ago CHX -0.91% ChampionX Full Year 2023 Earnings: EPS Misses Expectations ChampionX ( NASDAQ:CHX ) Full Year 2023 Results Key Financial Results Revenue: US$3.76b (down 1.3% from FY 2022). Net... Simply Wall St. • 5 months ago CHX -0.91% ChampionX Corp (CHX) Announces Full Year Net Income Surge and Increased Shareholder Returns Robust Earnings and Cash Flow Enable 12% Dividend Hike and Expanded Share Buyback Program GuruFocus.com • 5 months ago CHX -0.91% ChampionX Reports Fourth Quarter and Full Year 2023 Results, Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Dividend by 12% Fourth-quarter revenue of $943.6 million decreased 4% year-over-year, flat sequentiallyFourth-quarter net income attributable to ChampionX of $77.2 million increased 14% year-over-year, and decreased 1% sequentiallyFourth-quarter adjusted EBITDA of $198.1 million increased 10% year-over-year, flat sequentiallyFourth-quarter cash from operating activities of $169.0 million and free cash flow of $139.8 millionFull-year net income attributable to ChampionX of $314.2 million increased 103% year-over GlobeNewswire • 5 months ago CHX -0.91% While shareholders of ChampionX (NASDAQ:CHX) are in the black over 3 years, those who bought a week ago aren't so fortunate While ChampionX Corporation ( NASDAQ:CHX ) shareholders are probably generally happy, the stock hasn't had particularly... Simply Wall St. • 6 months ago CHX -0.91% ChampionX Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule THE WOODLANDS, Texas, Jan. 03, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its fourth quarter and full year 2023 operating results on Monday, February 5, 2024, after the market closes. The Company has scheduled a conference call for Tuesday, February 6, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time) to discuss the results. The call will be available by live webcast on ChampionX’s website at https://inv GlobeNewswire • 6 months ago CHX -0.91% Will Weakness in ChampionX Corporation's (NASDAQ:CHX) Stock Prove Temporary Given Strong Fundamentals? With its stock down 17% over the past three months, it is easy to disregard ChampionX (NASDAQ:CHX). But if you pay... Simply Wall St. • 8 months ago CHX -0.91% ChampionX Corp (CHX) Q3 2023 Earnings: Robust Growth and Strong Cash Flow Generation Despite a slight revenue decrease, the company reports significant year-over-year increases in net income and adjusted EBITDA GuruFocus.com • 8 months ago CHX -0.91% ChampionX Reports Third Quarter 2023 Results Revenue of $939.8 million, decreased 8% year-over-year and increased 1% sequentiallyNet income attributable to ChampionX of $77.7 million, increased 237% year-over-yearAdjusted net income of $80.9 million, increased 19% year-over-yearAdjusted EBITDA of $189.5 million, increased 14% year-over-yearIncome before income taxes margin of 11.7%, increased 802 basis points year-over-yearAdjusted EBITDA margin of 20.2%, increased 391 basis points year-over-yearCash from operating activities of $163.0 mil GlobeNewswire • 8 months ago CHX -0.91% Is ChampionX Corporation (NASDAQ:CHX) Trading At A 20% Discount? Key Insights ChampionX's estimated fair value is US$42.05 based on 2 Stage Free Cash Flow to Equity ChampionX's... Simply Wall St. • 9 months ago CHX -0.91% ChampionX Publishes 2022 Sustainability Report THE WOODLANDS, Texas, Oct. 03, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX), a global leader in chemistry programs and services, artificial lift solutions, automation and optimization equipment, and drilling technologies for the upstream and midstream oil and gas industry, today published its 2022 corporate sustainability report. The report captures important information regarding the company’s global operations and strategy to address its four environmental, social and governanc GlobeNewswire • 9 months ago CHX -0.91% View Source12: CHX shares have gained 8.5% year to date, underperforming the Zacks Engineering - R and D Services industry’s 18.8% rise. Despite operating in a challenging environment, the company has showcased resilience, as evidenced by its performance. The first quarter of 2024 showcased the resilience of ChampionX's portfolio, with the company achieving strong adjusted EBITDA and adjusted EBITDA margin and generating robust free cash flow despite typical international seasonal headwinds. The company's ongoing focus on productivity led to significant year-over-year profitability improvement. View Source13: CHX shares have gained 8.5% year to date, underperforming the Zacks Engineering - R and D Services industry’s 18.8% rise. Despite operating in a challenging environment, the company has showcased resilience, as evidenced by its performance. The first quarter of 2024 showcased the resilience of ChampionX's portfolio, with the company achieving strong adjusted EBITDA and adjusted EBITDA margin and generating robust free cash flow despite typical international seasonal headwinds. The company's ongoing focus on productivity led to significant year-over-year profitability improvement. View Source14: ChampionX Corporation CHX, a leader in oilfield technology, acquired RMSpumptools Limited, a prominent designer and manufacturer of sophisticated mechanical and electrical solutions for complex artificial lift applications. This strategic move significantly strengthens ChampionX's capabilities and broadens its presence in critical international markets.Sivasankaran "Soma" Somasundaram, president and CEO of ChampionX, emphasized the importance of this acquisition, stating, “By adding RMSpumptools technology to our Production & Automation Technologies (PAT) portfolio, ChampionX advances its ability to deliver greater value to customers while creating growth opportunities in international markets such as the Middle East, Latin America, and global offshore projects.”Renowned for its expertise in electrical penetrator and connector systems, mechanical completion systems, and subsea connector systems, RMSpumptools perfectly complements ChampionX’s existing offerings. The amalgamation of RMSpumptools' innovative technologies with ChampionX's robust North American presence is expected to spur significant growth and market penetration.ChampionX intends to operate RMSpumptools as a standalone business unit within the PAT segment, ensuring the continuation of the high-level customer service RMSpumptools’ clients expect.With manufacturing and delivery operations in the United Kingdom, Saudi Arabia, and the United Arab Emirates, RMSpumptools is well-positioned to enhance ChampionX’s market reach. The acquisition not only augments ChampionX’s product portfolio but also opens new avenues for growth in the global oilfield services market.This acquisition represents a pivotal step for ChampionX, bolstering its technology portfolio and expanding its global footprint. The integration of RMSpumptools’ advanced solutions is poised to provide substantial value to customers and drive growth in key international markets. As the oilfield services industry evolves, ChampionX’s strategic acquisition positions it for sustained success and innovation. View Source15: ChampionX acquires Artificial Lift Performance Limited to expand digital solutions portfolio View Source16: CHX shares have gained 8.5% year to date, underperforming the Zacks Engineering - R and D Services industry’s 18.8% rise. Despite operating in a challenging environment, the company has showcased resilience, as evidenced by its performance. The first quarter of 2024 showcased the resilience of ChampionX's portfolio, with the company achieving strong adjusted EBITDA and adjusted EBITDA margin and generating robust free cash flow despite typical international seasonal headwinds. The company's ongoing focus on productivity led to significant year-over-year profitability improvement. View Source17: ChampionX Introduces ESP Control System for Unconventional Wells View Source18: ChampionX Acquires RMSpumptools, Expanding Global Presence in Offshore Production Technologies Markets THE WOODLANDS, Texas, July 09, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today it has completed the acquisition of RMSpumptools Limited, a designer and manufacturer of highly engineered mechanical and electrical solutions for complex artificial lift applications. “By adding RMSpumptools technology to our Production & Automation Technologies (“PAT”) portfolio, ChampionX advances its ability to del GlobeNewswire • 14 days ago CHX -0.91% ChampionX Declares Quarterly Dividend THE WOODLANDS, Texas, May 16, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX) announced today its Board of Directors has declared a regular quarterly dividend of $0.095 per share on the company’s common stock, par value $0.01 per share, to be paid on July 26, 2024 to shareholders of record on July 5, 2024. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and pr GlobeNewswire • 2 months ago CHX -0.91% ChampionX Reports First Quarter 2024 Results Revenue of $922.1 million, decreased 3% year-over-yearNet income attributable to ChampionX of $112.9 million, increased 78% year-over-yearAdjusted net income of $96.4 million, increased 17% year-over-yearAdjusted EBITDA of $191.7 million, increased 4% year-over-yearIncome before income taxes margin of 15.2%, increased 547 basis points year-over-yearAdjusted EBITDA margin of 20.8%, increased 130 basis points year-over-yearCash from operating activities of $173.5 million and free cash flow of $144 GlobeNewswire • 2 months ago CHX -0.91% SLB ChampionX Announces First Quarter 2024 Earnings Release Date THE WOODLANDS, Texas, April 09, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its first quarter 2024 operating results on Wednesday, April 24, 2024, after the market closes. ChampionX will not host a conference call or webcast to discuss its first quarter 2024 results. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that GlobeNewswire • 3 months ago CHX -0.91% SLB Announces Agreement to Acquire ChampionX in an All-Stock Transaction Acquisition strengthens SLB as a leader in production space, with world-class production chemicals and artificial lift technologiesCombined portfolios will drive customer value through deep industry expertise and digital integration, as well as enhanced equipment life and production optimizationChampionX shareholders to receive 0.735 SLB shares for each share of ChampionXAnnual pre-tax synergies to reach approximately $400 million within three yearsSLB will increase its total returns to sharehol GlobeNewswire • 3 months ago SLB CHX -0.91% Is There An Opportunity With ChampionX Corporation's (NASDAQ:CHX) 28% Undervaluation? Key Insights Using the 2 Stage Free Cash Flow to Equity, ChampionX fair value estimate is US$50.08 ChampionX's US$35.89... Simply Wall St. • 3 months ago CHX -0.91% ChampionX Agrees to Acquire RMSpumptools, Expanding Reach in International, Offshore Production Technologies Markets THE WOODLANDS, Texas, March 22, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today it plans to acquire RMSpumptools Limited, a business unit of the energy division of UK-based James Fisher and Sons plc (“JFS”). The unit designs and manufactures highly engineered mechanical and electrical solutions for complex artificial lift applications. Under the terms of the agreement, the net purchase price is a GlobeNewswire • 4 months ago CHX -0.91% Returns on Capital Paint A Bright Future For ChampionX (NASDAQ:CHX) Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key... Simply Wall St. • 4 months ago CHX -0.91% ChampionX's (NASDAQ:CHX) Dividend Will Be Increased To $0.095 ChampionX Corporation's ( NASDAQ:CHX ) dividend will be increasing from last year's payment of the same period to... Simply Wall St. • 4 months ago CHX -0.91% ChampionX acquires Artificial Lift Performance Limited to expand digital solutions portfolio THE WOODLANDS, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today the acquisition of Artificial Lift Performance Limited (“ALP”), a provider of advanced analytics solutions for enhancing oil and gas production performance. Based in Edinburgh, Scotland, ALP has extensive expertise in developing artificial lift optimization software designed to maximize production and extend the life of artificial lift equipment. “The acquisi GlobeNewswire • 4 months ago CHX -0.91% ChampionX Full Year 2023 Earnings: EPS Misses Expectations ChampionX ( NASDAQ:CHX ) Full Year 2023 Results Key Financial Results Revenue: US$3.76b (down 1.3% from FY 2022). Net... Simply Wall St. • 5 months ago CHX -0.91% ChampionX Corp (CHX) Announces Full Year Net Income Surge and Increased Shareholder Returns Robust Earnings and Cash Flow Enable 12% Dividend Hike and Expanded Share Buyback Program GuruFocus.com • 5 months ago CHX -0.91% ChampionX Reports Fourth Quarter and Full Year 2023 Results, Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Dividend by 12% Fourth-quarter revenue of $943.6 million decreased 4% year-over-year, flat sequentiallyFourth-quarter net income attributable to ChampionX of $77.2 million increased 14% year-over-year, and decreased 1% sequentiallyFourth-quarter adjusted EBITDA of $198.1 million increased 10% year-over-year, flat sequentiallyFourth-quarter cash from operating activities of $169.0 million and free cash flow of $139.8 millionFull-year net income attributable to ChampionX of $314.2 million increased 103% year-over GlobeNewswire • 5 months ago CHX -0.91% While shareholders of ChampionX (NASDAQ:CHX) are in the black over 3 years, those who bought a week ago aren't so fortunate While ChampionX Corporation ( NASDAQ:CHX ) shareholders are probably generally happy, the stock hasn't had particularly... Simply Wall St. • 6 months ago CHX -0.91% ChampionX Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule THE WOODLANDS, Texas, Jan. 03, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its fourth quarter and full year 2023 operating results on Monday, February 5, 2024, after the market closes. The Company has scheduled a conference call for Tuesday, February 6, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time) to discuss the results. The call will be available by live webcast on ChampionX’s website at https://inv GlobeNewswire • 6 months ago CHX -0.91% Will Weakness in ChampionX Corporation's (NASDAQ:CHX) Stock Prove Temporary Given Strong Fundamentals? With its stock down 17% over the past three months, it is easy to disregard ChampionX (NASDAQ:CHX). But if you pay... Simply Wall St. • 8 months ago CHX -0.91% ChampionX Corp (CHX) Q3 2023 Earnings: Robust Growth and Strong Cash Flow Generation Despite a slight revenue decrease, the company reports significant year-over-year increases in net income and adjusted EBITDA GuruFocus.com • 8 months ago CHX -0.91% ChampionX Reports Third Quarter 2023 Results Revenue of $939.8 million, decreased 8% year-over-year and increased 1% sequentiallyNet income attributable to ChampionX of $77.7 million, increased 237% year-over-yearAdjusted net income of $80.9 million, increased 19% year-over-yearAdjusted EBITDA of $189.5 million, increased 14% year-over-yearIncome before income taxes margin of 11.7%, increased 802 basis points year-over-yearAdjusted EBITDA margin of 20.2%, increased 391 basis points year-over-yearCash from operating activities of $163.0 mil GlobeNewswire • 8 months ago CHX -0.91% Is ChampionX Corporation (NASDAQ:CHX) Trading At A 20% Discount? Key Insights ChampionX's estimated fair value is US$42.05 based on 2 Stage Free Cash Flow to Equity ChampionX's... Simply Wall St. • 9 months ago CHX -0.91% ChampionX Publishes 2022 Sustainability Report THE WOODLANDS, Texas, Oct. 03, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX), a global leader in chemistry programs and services, artificial lift solutions, automation and optimization equipment, and drilling technologies for the upstream and midstream oil and gas industry, today published its 2022 corporate sustainability report. The report captures important information regarding the company’s global operations and strategy to address its four environmental, social and governanc GlobeNewswire • 9 months ago CHX -0.91% View Source19: ChampionX acquires Artificial Lift Performance Limited to expand digital solutions portfolio View Source20: ChampionX Corporation CHX, a leader in oilfield technology, acquired RMSpumptools Limited, a prominent designer and manufacturer of sophisticated mechanical and electrical solutions for complex artificial lift applications. This strategic move significantly strengthens ChampionX's capabilities and broadens its presence in critical international markets.Sivasankaran "Soma" Somasundaram, president and CEO of ChampionX, emphasized the importance of this acquisition, stating, “By adding RMSpumptools technology to our Production & Automation Technologies (PAT) portfolio, ChampionX advances its ability to deliver greater value to customers while creating growth opportunities in international markets such as the Middle East, Latin America, and global offshore projects.”Renowned for its expertise in electrical penetrator and connector systems, mechanical completion systems, and subsea connector systems, RMSpumptools perfectly complements ChampionX’s existing offerings. The amalgamation of RMSpumptools' innovative technologies with ChampionX's robust North American presence is expected to spur significant growth and market penetration.ChampionX intends to operate RMSpumptools as a standalone business unit within the PAT segment, ensuring the continuation of the high-level customer service RMSpumptools’ clients expect.With manufacturing and delivery operations in the United Kingdom, Saudi Arabia, and the United Arab Emirates, RMSpumptools is well-positioned to enhance ChampionX’s market reach. The acquisition not only augments ChampionX’s product portfolio but also opens new avenues for growth in the global oilfield services market.This acquisition represents a pivotal step for ChampionX, bolstering its technology portfolio and expanding its global footprint. The integration of RMSpumptools’ advanced solutions is poised to provide substantial value to customers and drive growth in key international markets. As the oilfield services industry evolves, ChampionX’s strategic acquisition positions it for sustained success and innovation. View Source21: ChampionX Corporation CHX, a leader in oilfield technology, acquired RMSpumptools Limited, a prominent designer and manufacturer of sophisticated mechanical and electrical solutions for complex artificial lift applications. This strategic move significantly strengthens ChampionX's capabilities and broadens its presence in critical international markets.Sivasankaran "Soma" Somasundaram, president and CEO of ChampionX, emphasized the importance of this acquisition, stating, “By adding RMSpumptools technology to our Production & Automation Technologies (PAT) portfolio, ChampionX advances its ability to deliver greater value to customers while creating growth opportunities in international markets such as the Middle East, Latin America, and global offshore projects.”Renowned for its expertise in electrical penetrator and connector systems, mechanical completion systems, and subsea connector systems, RMSpumptools perfectly complements ChampionX’s existing offerings. The amalgamation of RMSpumptools' innovative technologies with ChampionX's robust North American presence is expected to spur significant growth and market penetration.ChampionX intends to operate RMSpumptools as a standalone business unit within the PAT segment, ensuring the continuation of the high-level customer service RMSpumptools’ clients expect.With manufacturing and delivery operations in the United Kingdom, Saudi Arabia, and the United Arab Emirates, RMSpumptools is well-positioned to enhance ChampionX’s market reach. The acquisition not only augments ChampionX’s product portfolio but also opens new avenues for growth in the global oilfield services market.This acquisition represents a pivotal step for ChampionX, bolstering its technology portfolio and expanding its global footprint. The integration of RMSpumptools’ advanced solutions is poised to provide substantial value to customers and drive growth in key international markets. As the oilfield services industry evolves, ChampionX’s strategic acquisition positions it for sustained success and innovation. View Source22: ChampionX Corporation CHX, a leader in oilfield technology, acquired RMSpumptools Limited, a prominent designer and manufacturer of sophisticated mechanical and electrical solutions for complex artificial lift applications. This strategic move significantly strengthens ChampionX's capabilities and broadens its presence in critical international markets.Sivasankaran "Soma" Somasundaram, president and CEO of ChampionX, emphasized the importance of this acquisition, stating, “By adding RMSpumptools technology to our Production & Automation Technologies (PAT) portfolio, ChampionX advances its ability to deliver greater value to customers while creating growth opportunities in international markets such as the Middle East, Latin America, and global offshore projects.”Renowned for its expertise in electrical penetrator and connector systems, mechanical completion systems, and subsea connector systems, RMSpumptools perfectly complements ChampionX’s existing offerings. The amalgamation of RMSpumptools' innovative technologies with ChampionX's robust North American presence is expected to spur significant growth and market penetration.ChampionX intends to operate RMSpumptools as a standalone business unit within the PAT segment, ensuring the continuation of the high-level customer service RMSpumptools’ clients expect.With manufacturing and delivery operations in the United Kingdom, Saudi Arabia, and the United Arab Emirates, RMSpumptools is well-positioned to enhance ChampionX’s market reach. The acquisition not only augments ChampionX’s product portfolio but also opens new avenues for growth in the global oilfield services market.This acquisition represents a pivotal step for ChampionX, bolstering its technology portfolio and expanding its global footprint. The integration of RMSpumptools’ advanced solutions is poised to provide substantial value to customers and drive growth in key international markets. As the oilfield services industry evolves, ChampionX’s strategic acquisition positions it for sustained success and innovation. View Source23: ChampionX is committed to developing initiatives that align with its purpose of Improving Lives and help deliver value for its shareholders by supporting its customers’ carbon-reduction efforts, providing fulfilling career opportunities for its employees, and enhancing the communities where it operates globally. View Source