ChampionX Corporation (CHX)

NASDAQ: CHX · IEX Real-Time Price · USD
33.01
+0.25 (0.76%)
At close: Jul 2, 2024, 4:00 PM
33.55
+0.54 (1.64%)
After-hours: Jul 2, 2024, 5:03 PM EDT
0.76%
Market Cap 6.29B
Revenue (ttm) 3.73B
Net Income (ttm) 363.63M
Shares Out 190.43M
EPS (ttm) 1.84
PE Ratio 17.94
Forward PE 16.58
Dividend $0.38 (1.15%)
Ex-Dividend Date Jul 5, 2024
Volume 1,261,521
Open 33.08
Previous Close 32.76
Day's Range 32.62 - 33.31
52-Week Range 25.46 - 39.95
Beta 2.40
Analysts Buy
Price Target 39.14 (+18.57%)
Earnings Date Jul 22, 2024

About CHX

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 ... [Read more]

Sector Energy
CEO Sivasankaran Somasundaram
Employees 7,100
Stock Exchange NASDAQ
Ticker Symbol CHX
Full Company Profile

Financial Performance

In 2023, ChampionX's revenue was $3.76 billion, a decrease of -1.25% compared to the previous year's $3.81 billion. Earnings were $314.24 million, an increase of 102.77%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for CHX stock is "Buy." The 12-month stock price forecast is $39.14, which is an increase of 18.57% from the latest price.

Price Target
$39.14
(18.57% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SLB, ChampionX get second request from DoJ for proposed $8 bln deal details

Oilfield services company SLB said on Tuesday it has received a second request for additional information from the United States Department of Justice in connection with its $7.75 billion acquisition ...

Other symbols: SLB
3 hours ago - Reuters

SLB Provides Update on Planned Acquisition of ChampionX

HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) today announced that, as expected, it and ChampionX (NASDAQ: CHX) have each received a request for additional information (second request) fr...

Other symbols: SLB
4 hours ago - Business Wire

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 c...

6 weeks ago - GlobeNewsWire

CHAMPIONX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ChampionX Corporation - CHX

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ChampionX Corpor...

Other symbols: SLB
7 weeks ago - Business Wire

ChampionX Reports First Quarter 2024 Results

THE WOODLANDS, Texas, April 24, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced first quarter of 2024 results. Revenue was $922.1 million, n...

2 months ago - GlobeNewsWire

INVESTIGATION: The M&A Class Action Firm Announces an Investigation of ChampionX Corp. - CHX

NEW YORK , April 9, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securiti...

3 months ago - PRNewsWire

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 result...

3 months ago - GlobeNewsWire

SLB Buys ChampionX for $7.8 Billion To Expand Its Oilfield Services Offerings

Shares of ChampionX (CHX) jumped Tuesday after SLB (SLB) agreed to buy the rival oilfield services provider in an all-stock transaction valued at about $7.8 billion.

Other symbols: SLB
3 months ago - Investopedia

Shareholder Alert: Ademi LLP investigates whether ChampionX Corporation has obtained a Fair Price in its transaction with SLB

MILWAUKEE , April 2, 2024 /PRNewswire/ -- Ademi LLP is investigating ChampionX (Nasdaq: CHX) for possible breaches of fiduciary duty and other violations of law in its transaction with SLB. Click here...

Other symbols: SLB
3 months ago - PRNewsWire

Schlumberger to spend $7.7 billion on buying ChampionX

ChampionX Corp (NASDAQ: CHX) is in focus today after Schlumberger NV (NYSE: SLB) said it will buy the oilfield technology company for $7.75 billion. $SLB deal values ChampionX stock at 14% premium The...

Other symbols: SLB
3 months ago - Invezz

CHX STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Sale of ChampionX Corporation Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of ChampionX Corporation (NASDAQ: CHX) to SLB for 0.735 shares of SLB common stock in exchan...

3 months ago - Business Wire

SLB to Buy ChampionX in $7.8 Billion Oilfield Services Deal

The oilfield services giant said it agreed to buy ChampionX in a move to expand its presence in the less cyclical production and recovery space.

Other symbols: SLB
3 months ago - WSJ

Schlumberger's stock falls after all-stock deal to buy ChampionX in a deal valued at about $7.8 billion

Shares of Schlumberger Ltd. SLB, +0.75% slid 2.5% in premarket trading Tuesday, after the oil services company announced an agreement to buy ChampionX Corp. CHX, -1.37% in an all-stock deal that value...

Other symbols: SLB
3 months ago - Market Watch

SLB to buy ChampionX in $7.7 bln all-stock deal

Oilfield services company SLB said on Tuesday it will buy ChampionX in an all-stock deal valued at $7.75 billion.

Other symbols: SLB
3 months ago - Reuters

SLB Announces Agreement to Acquire ChampionX in an All-Stock Transaction

HOUSTON, April 02, 2024 (GLOBE NEWSWIRE) -- SLB (NYSE: SLB) and ChampionX Corporation (NASDAQ: CHX) today announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. Th...

Other symbols: SLB
3 months ago - GlobeNewsWire

SLB Announces Agreement to Acquire ChampionX in an All-Stock Transaction

HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) and ChampionX Corporation (NASDAQ: CHX) today announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. The agreement was un...

Other symbols: SLB
3 months ago - Business Wire

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...

3 months ago - GlobeNewsWire

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”...

4 months ago - GlobeNewsWire

ChampionX Reports Fourth Quarter and Full Year 2023 Results, Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Dividend by 12%

THE WOODLANDS, Texas, Feb. 05, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced fourth quarter of 2023 and full year 2023 results. For the fo...

5 months ago - GlobeNewsWire

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 op...

6 months ago - GlobeNewsWire

ChampionX Reports Third Quarter 2023 Results

THE WOODLANDS, Texas, Oct. 24, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced third quarter of 2023 results. Revenue was $939.8 million, ne...

9 months ago - GlobeNewsWire

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 ...

9 months ago - GlobeNewsWire

ChampionX Announces Third Quarter 2023 Earnings Release and Conference Call Schedule

THE WOODLANDS, Texas, Sept. 28, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its third quarter 2023 operating result...

9 months ago - GlobeNewsWire

Final Trades: Humana, FleetCor & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: HUMUNH
11 months ago - CNBC Television

ChampionX Reports Second Quarter 2023 Results

THE WOODLANDS, Texas, July 24, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced second quarter of 2023 results. Revenue was $926.6 million, n...

1 year ago - GlobeNewsWire