ChampionX Corporation (CHX)

Market Cap	5.56B
Revenue (ttm)	3.80B
Net Income (ttm)	304.90M
Shares Out	194.80M
EPS (ttm)	1.51
PE Ratio	18.72
Forward PE	14.31
Dividend	$0.34 (1.20%)
Ex-Dividend Date	Jan 4, 2024

Volume	1,251,381
Open	28.81
Previous Close	28.97
Day's Range	28.25 - 29.31
52-Week Range	23.66 - 38.37
Beta	2.49
Analysts	Buy
Price Target	38.20 (+35.17%)
Earnings Date	Jan 31, 2024

About CHX

ChampionX Corporation provides chemistry solutions, 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 and offshore chemical solutions, such as corrosion inhibitors, scale inhibitors, emulsion breakers, and biocides to oil and natural gas production and midstream markets to manage and c...

• Industry: Oil & Gas Equipment & Services
• Sector: Energy
• CEO: Sivasankaran Somasundaram
• Employees: 7,300
• Stock Exchange: NASDAQ
• Ticker Symbol: CHX

Financial Performance

In 2022, ChampionX's revenue was $3.81 billion, an increase of 23.77% compared to the previous year's $3.07 billion. Earnings were $154.97 million, an increase of 36.78%.

Analyst Forecast

According to 6 analysts, the average rating for CHX stock is "Buy." The 12-month stock price forecast is $38.2, which is an increase of 35.17% from the latest price.

Price Target

$38.2

(35.17% upside)

Analyst Consensus: Buy