ChampionX

ChampionX Corp. engages in the provision of chemistry programs and services for global upstream oil and natural gas industry. It operates under the following segments: Production Chemical Technologies, Production and Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies. The Production Chemical Technologies segment offers products and services that cover a broad range of onshore and offshore chemical solutions in production and midstream operations. The Production and Automation Technologies focuses on offering products, technologies, and services that facilitate the safe, efficient, and cost-effective extraction of oil and gas through artificial lift and digital automation applications. The Drilling Technologies provides polycrystalline diamond cutter (“PDC”) inserts, bearings, valves, and mining tools. The Reservoir Chemical Technologies consists of the provision of chemistry-oriented solutions and technologies. The company was founded in 1928 and is headquartered in The Woodlands, TX.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

ChampionX excels in 2022, eyes growth through innovation in 2023

ChampionX had a strong year with notable achievements and solid financial performance. While facing challenges in certain segments, the company is well-positioned to capitalize on growth opportunities in Production Chemicals and emerging trends in the industry. By emphasizing innovation and efficiency, ChampionX aims to drive continued success in 2023.

ChampionX excels in Q1 2023, poised for profitability growth

ChampionX's Q1 2023 performance was robust, marked by revenue growth, margin improvement, and strong cash flow generation.
The company's strategic focus on shareholder value, productivity enhancements, and margin expansion positions it well for future growth.
Opportunities lie in achieving higher profitability, driving efficiency gains, and capitalizing on digital revenue growth.
Overall, ChampionX's performance and outlook reflect a positive trajectory and strategic resilience in a competitive market.

ChampionX excels in Q2 with strong financials and operational focus

ChampionX demonstrated strong financial performance, customer focus, and operational improvements in Q2. The company faces challenges from revenue impacts and restructuring efforts but sees opportunities in margin expansion and pricing momentum.

ChampionX reports solid Q3 performance, eyes margin expansion in 2024

ChampionX demonstrated resilience in Q3 amidst challenges, showing strength in digital solutions and international growth. While facing hurdles in the U.S. land businesses, the company remains optimistic about future growth opportunities and margin expansion in 2024. Maintaining a competitive edge in the artificial lift market is a key focus.

ChampionX reports strong 2023 performance, eyes margin expansion in 2024

ChampionX delivered strong financial performance in 2023, with expectations for continued growth in 2024. The company revised its adjusted EBITDA definition for better comparability and increased its share repurchase program. Challenges include margin expansion efforts amidst stable costs, while opportunities exist in the Bearings business and productivity initiatives.

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ChampionX Corp. engages in the provision of chemistry solutions, artificial lift systems, and engineered equipment and technologies. It operates through the following segments: Production Chemical Technologies, Production and Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies. The Production Chemical Technologies segment offers products and services that cover a broad range of onshore and offshore chemical solutions in production and midstream operations. The Production and Automation Technologies focuses on offering products, technologies, and services that facilitate the safe, efficient, and cost-effective extraction of oil and gas through artificial lift and digital automation applications. The Drilling Technologies provides polycrystalline diamond cutter inserts, bearings, valves, and mining tools. The Reservoir Chemical Technologies relates to chemistry-oriented solutions and technologies. The company was founded in 1882 and is headquartered in The Woodlands, TX.

THE WOODLANDS, Texas, Feb. 16, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX) (“ChampionX” or the “Company”) announced today its Board of Directors has declared an increased regular quarterly dividend of $0.085 per share on the Company's common stock, par value $0.01 per share, to be paid on April 28, 2023 to shareholders of record on April 7, 2023.

ChampionX Increases Quarterly Dividend by 13 Percent

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THE WOODLANDS, Texas, Feb. 15, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX), a global leader in chemistry programs and services, artificial lift solutions, emissions technologies, automation and optimization equipment, and drilling technologies for the upstream and midstream oil and gas industry, today announced it has appointed Elaine Pickle and Carlos Fierro to the Company's Board of Directors (the “Board”).

ChampionX Corporation Announces Appointment of Elaine Pickle and Carlos Fierro to Board of Directors; Stephen Wagner Will Retire

ChampionX (NASDAQ:CHX ) Q4 2022 Earnings Conference Call February 2, 2023 9:00 AM ET Company Participants Byron Pope - Vice President, ESG and Investor Relations Sivasankaran Somasundaram - President and Chief Executive Officer Kenneth Fisher - Executive Vice President and Chief Financial Officer Conference Call Participants David Anderson - Barclays Alec Scheibelhoffer - Stifel Saurabh Pant - Bank of America Atidrip Modak - Goldman Sachs Operator Good morning. Welcome to ChampionX Corporation's Fourth Quarter and Full Year 2022 Earnings Conference Call.

ChampionX (CHX) Q4 2022 Earnings Call Transcript

ChampionX (CHX) delivered earnings and revenue surprises of 10.26% and 1.91%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

ChampionX (CHX) Tops Q4 Earnings Estimates

THE WOODLANDS, Texas, Feb. 01, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced fourth quarter of 2022 and full year 2022 results. For the fourth quarter of 2022, revenue was $985.9 million, net income attributable to ChampionX was $67.9 million, and adjusted EBITDA was $178.8 million. Income before income taxes margin was 8.9%, and adjusted EBITDA margin was 18.1%. Cash provided by operating activities was $195.1 million, and free cash flow was $168.6 million.

ChampionX Reports Fourth Quarter and Full Year 2022 Results

ChampionX (CHX) to benefit from International businesses activities and price realization.

ChampionX (CHX) Gears Up for Q4 Earnings: What's in Store?

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Two Stocks Hit New Highs As More Funds Buy

ChampionX (CHX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ChampionX (CHX) Earnings Expected to Grow: Should You Buy?

THE WOODLANDS, Texas, Jan. 11, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its fourth quarter and full year 2022 operating results on Wednesday, February 1, 2023, after the market closes. The Company has scheduled a conference call for Thursday, February 2, 2023, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time) to discuss the results.

ChampionX Announces Fourth Quarter and Full Year 2022 Earnings Release and Conference Call Schedule

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THE WOODLANDS, Texas, Nov. 30, 2022 (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 announced it was named ExxonMobil's 2022 “Supplier of the Year.”

ChampionX named ExxonMobil's 2022 Supplier of the Year

ChampionX (CHX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

ChampionX Corporation (CHX) Hits Fresh High: Is There Still Room to Run?

ChampionX Corporation (CHX) Hit a 52 Week High, Can the Run Continue?

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Why ChampionX Stock Surged Today

ChampionX Corporation (NASDAQ:CHX ) Q 2022 Earnings Conference Call October 26, 2022 9:00 AM ET Company Participants Sivasankaran Somasundaram - President, Chief Executive Officer Kenneth Fisher - Executive Vice President, Chief Financial Officer Byron Pope - Vice President, ESG and Investor Relations Conference Call Participants David Anderson - Barclays Scott Gruber - Citigroup Stephen Gengaro - Stifel Saurabh Pant - Bank of America Operator Welcome to the ChampionX third quarter 2022 earnings conference call. My name is Hilda and I will be your operator for today.

ChampionX (CHX) Q3 2022 Earnings Call Transcript

ChampionX (CHX) delivered earnings and revenue surprises of 6.45% and 7.99%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

ChampionX (CHX) Tops Q3 Earnings and Revenue Estimates

THE WOODLANDS, Texas, Oct. 25, 2022 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced third quarter of 2022 results. Revenue was $1.0 billion, net income attributable to ChampionX was $23.1 million, and adjusted EBITDA was $166.1 million. Income before income taxes margin was 3.7% and adjusted EBITDA margin was 16.3%. Cash from operating activities was $187.2 million and free cash flow was $167.4 million.

News for ChampionX Stock (CHX)