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.
- 04/09/2024
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CHX or ALFVY: Which Is the Better Value Stock Right Now?
- Investors interested in Engineering - R and D Services stocks are likely familiar with ChampionX (CHX) and Alfa Laval AB Unsponsored ADR (ALFVY). But which of these two stocks offers value investors a better bang for their buck right now?
- 04/09/2024
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5 Stocks to Watch on Their Recent Dividend Hike
- Five stocks in focus with recent dividend hike are: OZK, TJX, CALM, CHX, PSX.
- 04/09/2024
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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 Corporation (NasdaqGS: CHX) to Schlumberger Limited (NYSE: SLB). Under the terms of the proposed transaction, shareholders of ChampionX will receive 0.735 shares of SLB for each share of ChampionX that they own. KSF is seeking to determine whether this consideration and the process that led to it are.
- 04/05/2024
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SLB Eyes ChampionX Acquisition in a $7.8B All-Stock Deal
- SLB and ChampionX team up to reshape the oil industry, aiming to lead with integrated solutions and enhanced efficiency.
- 04/03/2024
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3 Stocks to Watch That Recently Announced Dividend Hikes
- Investors looking to secure their portfolios may keep a track on dividend-yielding stocks ChampionX Corporation (CHX), Sapiens International Corporation N.V. (SPNS) and NewtekOne, Inc. (NEWT).
- 04/03/2024
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Strength Seen in ChampionX (CHX): Can Its 10.4% Jump Turn into More Strength?
- ChampionX (CHX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 04/03/2024
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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.
- 04/02/2024
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Cannabis Stocks Light Up As Florida Adds Weed to November Ballots
- Cannabis stocks are on the move Tuesday after the Florida Supreme Court approved the ability to add recreational marijuana use to the state's November ballot. This measure will have residents of Florida voting for or against a new amendment that would allow the use of the drug.
- 04/02/2024
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CHX Stock: ChampionX Pops on News of Schlumberger Acquisition
- ChampionX (NASDAQ: CHX ) stock is a hot topic among traders on Tuesday after the oil and gas technology company announced that it is being acquired by SLB (NYSE: SLB )! A press release reveals that investors in ChampionX will receive 0.735 shares of SLB stock for each share of CHX stock that they own.
- 04/02/2024
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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 to learn how to join the https://www.ademilaw.com/case/championx-corporation or call Guri Ademi toll-free at 866-264-3995.
- 04/02/2024
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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 exchange for each ChampionX share is fair to ChampionX shareholders. Upon closing of the proposed transaction, ChampionX shareholders will own approximately 9% of SLB's outstanding shares of common stock. Halper Sadeh encourages ChampionX shareholders to click here to learn more about their legal rights.
- 04/02/2024
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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. The agreement was unanimously approved by the ChampionX board of directors.
- 04/02/2024
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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 unanimously approved by the ChampionX board of directors. Under the terms of the agreement, ChampionX shareholders will receive 0.735 shares of SLB common stock in exchange for each ChampionX share. At the closing of the transaction ChampionX shareholders will own approximately 9% of SLB's outstandin.
- 04/02/2024
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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 unanimously approved by the ChampionX board of directors. Under the terms of the agreement, ChampionX shareholders will receive 0.735 shares of SLB common stock in exchange for each ChampionX share. At the closing of the transaction ChampionX shareholders will own approximately 9% of SLB's outstandin.
- 04/02/2024
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ChampionX (CHX) to Buy RMSpumptools & Lift Oilfield Technologies
- ChampionX (CHX) to expand its global footprint with the RMSpumptools acquisition, enhancing oilfield tech solutions.
- 03/26/2024
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ChampionX (CHX) Enhances Digital Solutions With ALP Acquisition
- ChampionX (CHX) expands its digital solutions portfolio with the acquisition of ALP, a specialist in oil and gas production optimization.
- 02/28/2024
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New Strong Sell Stocks for February 23rd
- BP, CHX and AGRO have been added to the Zacks Rank #5 (Strong Sell) List on February 23, 2024.
- 02/23/2024
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New Strong Sell Stocks for February 21st
- CAR, CHX and CWST have been added to the Zacks Rank #5 (Strong Sell) List on February 21, 2024.
- 02/21/2024
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New Strong Sell Stocks for February 12th
- ACLS, BMY and CHX have been added to the Zacks Rank #5 (Strong Sell) List on February 12, 2023.
- 02/12/2024
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Compared to Estimates, ChampionX (CHX) Q4 Earnings: A Look at Key Metrics
- The headline numbers for ChampionX (CHX) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 02/05/2024
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ChampionX (CHX) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
- Evaluate the expected performance of ChampionX (CHX) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
- 01/31/2024
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ChampionX (CHX) Reports Next Week: What You Should Expect
- 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.
- 01/29/2024
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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.
- 01/03/2024
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New Strong Sell Stocks for December 18th
- ASYS, CHX and HTLD have been added to the Zacks Rank #5 (Strong Sell) List on December 18, 2023.
- 12/18/2023
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ChampionX Corporation: Free Cash Flow And Shareholder Returns Take The Center Stage
- CHX's international businesses are expected to drive performance in Q4, benefiting from the momentum in the energy industry. The company turns to increasing shareholder returns as growth slows down. I expect CHX's EBITDA margin to strengthen, percolating into improved FCF and shareholder returns.
- 11/06/2023
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ChampionX Corporation (CHX) Q3 2023 Earnings Call Transcript
- ChampionX Corporation (NASDAQ:CHX ) Q3 2023 Earnings Conference Call October 25, 2023 9:00 AM ET Company Participants Byron Pope – Vice President, ESG and Investor Relations Soma Somasundaram – President and Chief Executive Officer Ken Fisher – Executive Vice President and Chief Financial Officer Conference Call Participants Stephen Gengaro – Stifel Marc Bianchi – TD Cowen David Anderson – Barclays Scott Gruber – Citigroup Ati Modak – Goldman Sachs Saurabh Pant – Bank of America Doug Becker – Capital One Operator Good morning. Welcome to ChampionX Corporation's Third Quarter 2023 Earnings Conference Call.
- 10/25/2023
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ChampionX (CHX) Q3 Earnings and Revenues Lag Estimates
- ChampionX (CHX) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.33 per share a year ago.
- 10/24/2023
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ChampionX (CHX) Gears Up for Q3 Earnings: What to Expect
- ChampionX's (CHX) third-quarter results are likely to benefit from its production-oriented business portfolio and cost-saving strategies amid CT Russia Business disposal and shipment delays.
- 10/18/2023
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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 results on Tuesday, October 24, 2023, after the market closes. The Company has scheduled a conference call for Wednesday, October 25, 2023, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time) to discuss the results.
- 09/28/2023
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Nasdaq Peak? Time to Rotate into the Russell 2000 Small Cap Index
- It's been a banner year for the benchmark indexes like the Nasdaq 100 Invesco QQQ ETF NASDAQ: QQQ, which is up 45%, despite the special rebalancing, or the S&P 500 index SPDR S&P 500 ETF Trust NYSEARCA: SPY up 20% year-to-date (YTD). The Russell 2000 Small-Cap index iShares Russell 2000 ETF NYSEARCA: IWM is up just 14.35% YTD.
- 08/01/2023
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ChampionX (CHX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
- The headline numbers for ChampionX (CHX) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 07/24/2023
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ChampionX (CHX) Q2 Earnings Beat Estimates
- ChampionX (CHX) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.28 per share a year ago.
- 07/24/2023
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ChampionX (CHX) to Report Q2 Earnings: What to Expect?
- ChampionX's (CHX) Q2 performance is likely to reflect sequentially higher revenues, given more demand in the international markets. Yet, challenging macro conditions are a concern.
- 07/19/2023
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ChampionX Announces Second Quarter 2023 Earnings Release and Conference Call Schedule
- THE WOODLANDS, Texas, June 29, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its second quarter 2023 operating results on Monday, July 24, 2023, after the market closes. The Company has scheduled a conference call for Tuesday, July 25, 2023, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time) to discuss the results.
- 06/29/2023
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ChampionX (CHX) Q1 Earnings Match Estimates
- ChampionX (CHX) came out with quarterly earnings of $0.36 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.22 per share a year ago.
- 04/24/2023
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Customer Wins And Cash Flow Improvement Likely To Turn Around ChampionX
- Continued pricing realization and a favorable mix would help ChampionX achieve the EBITDA margin target. However, exit from certain RCT product lines reduced its Reservoir Chemical Technologies segment topline.
- 04/06/2023
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ChampionX: The Real Story Is In The Numbers
- ChampionX is the result of the merger of Apergy with Ecolab's Upstream Energy business in mid-2020. ChampionX business has appeared to achieve explosive growth in its first two full years of operation since the merger.
- 02/27/2023
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7 Energy Stocks Kicking Butt Right Now
- Energy stocks have been one of the few bright spots in the stock market over the past year. In general, rising inflation and interest rates have been major headwinds for most parts of the economy.
- 02/16/2023
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ChampionX (CHX) Q4 2022 Earnings Call Transcript
- 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.
- 02/02/2023
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ChampionX (CHX) Tops Q4 Earnings Estimates
- 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?
- 02/01/2023
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Two Stocks Hit New Highs As More Funds Buy
- ChampionX and Encore Wire are hitting 52-week highs, with strong technical and fundamental ratings. The post Two Stocks Hit New Highs As More Funds Buy appeared first on Investor's Business Daily.
- 01/27/2023
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Best Growth Stocks to Buy for January 9th
- CHX, WTKWY and JBL made it to the Zacks Rank #1 (Strong Buy) growth stocks list on January 9, 2023.
- 01/09/2023
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Best Growth Stocks to Buy for January 4th
- CECO, CHX and ELF made it to the Zacks Rank #1 (Strong Buy) growth stocks list on January 4, 2023.
- 01/04/2023
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Best Growth Stocks to Buy for December 30th
- LPLA, CHX and ELF made it to the Zacks Rank #1 (Strong Buy) growth stocks list on December 30, 2022.
- 12/30/2022
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Is ChampionX (CHX) Outperforming Other Construction Stocks This Year?
- Here is how ChampionX (CHX) and Comfort Systems (FIX) have performed compared to their sector so far this year.
- 12/29/2022
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5 Stocks Set to Pop In 2023
- Numbers give you a fairly good idea on which stocks have better potential and are therefore worth betting on.
- 12/27/2022
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CHX vs. ALTR: Which Stock Is the Better Value Option?
- CHX vs. ALTR: Which Stock Is the Better Value Option?
- 12/22/2022
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5 Construction Stocks Wall Street Analysts Think Will Rally in 2023
- Defying the odds, investors must consider EMCOR (EME), Dycom (DY), Altair (ALTR) and ChampionX (CHX) on strong non-residential market prospects.
- 12/19/2022
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Top 5 Non-Tech Nasdaq Winners of 2022 With More Upside Left
- we have identified five non-technology Nasdaq stocks that have popped in 2022 despite the index's blood bath. These are: UTHR, LPLA, ENPH, SWAV, CHX.
- 12/15/2022
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5 Low Leverage Stocks to Buy Amid U.S. Stock Indices' Rally
- One should choose stocks that provide sustainable returns, which will shield them from incurring huge losses in crisis times. You may buy MTG, TITN, CHX, CLDT & ACLS.
- 12/13/2022
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CHX vs. ALTR: Which Stock Should Value Investors Buy Now?
- CHX vs. ALTR: Which Stock Is the Better Value Option?
- 12/06/2022
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Why ChampionX Stock Surged Today
- Investors have higher capital returns headed their way.
- 10/26/2022
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ChampionX (CHX) Q3 2022 Earnings Call Transcript
- 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.
- 10/26/2022
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5 Engineering R&D Services Stocks to Watch Amid Industry Challenges
- Biden administration's focus on renewable energy, defense, healthcare and communication is set to open up opportunities for Zacks Engineering - R&D Services industry players like PWR, KBR, CHX, STRL and ATCX amid supply headwinds.
- 10/25/2022
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CHX vs. HWM: Which Stock Is the Better Value Option?
- CHX vs. HWM: Which Stock Is the Better Value Option?
- 10/14/2022
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Oil Field Services: Value Matrix, Momentum, And Market Cap Analysis
- Even though energy has been the best performing sector of the year by a large margin, deep values remain in under-covered and small cap oilfield services. Fifty-three oilfield service equities were evaluated using a value matrix including factors for value, growth, profitability, ownership, and debt.
- 09/19/2022
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ChampionX Corporation (CHX) CEO Soma Somasundaram on Q2 2022 Results - Earnings Call Transcript
- ChampionX Corporation (NASDAQ:CHX ) Q2 2022 Earnings Conference Call July 27, 2022 9:00 AM ET Company Participants Byron Pope - VP, ESG and IR Soma Somasundaram - President and CEO Ken Fisher - EVP and CFO Conference Call Participants Dave Anderson - Barclays Capital Chase Mulvehill - Bank of America Stephen Gengaro - Stifel Nicolaus Marc Bianchi - Cowen Sean Mitchell - Daniel Energy Partners Operator Welcome to the ChampionX Second Quarter 2022 Earnings Conference Call. My name is Richard, and I'll be your operator for today's call.
- 07/27/2022
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ChampionX (CHX) Tops Q2 Earnings and Revenue Estimates
- ChampionX (CHX) delivered earnings and revenue surprises of 7.69% and 3.93%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/26/2022
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Can ChampionX (CHX) Keep the Earnings Surprise Streak Alive?
- ChampionX (CHX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 07/25/2022
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Wall Street Analysts Think ChampionX (CHX) Could Surge 42%: Read This Before Placing a Bet
- The mean of analysts' price targets for ChampionX (CHX) points to a 41.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 07/21/2022
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3 Engineering R&D Services Stocks to Buy Despite Industry Challenges
- Biden administration's focus on renewable energy, defense, healthcare and communication is set to open up opportunities for the Zacks Engineering - R&D Services industry players like HWM, KBR and CHX amid supply headwinds.
- 07/11/2022
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ChampionX Corporation: The Slow Momentum Is Due For A Pickup
- A secular growth in North America drilling market and international market opportunities will drive ChampionX Corporation's topline growth in the near term. Price hikes and additional revenues from Ecolab will boost its operating margin.
- 06/16/2022
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12 of Wall Street's Newest Dividend Stocks
- Skyrocketing inflation has spurred demand for investments that can keep pace with rising prices. This includes renewed interest in income-paying investments, including both old and new dividend stocks.
- 05/06/2022
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ChampionX Corporation (CHX) CEO Soma Somasundaram on Q1 2022 Results - Earnings Call Transcript
- ChampionX Corporation (NASDAQ:CHX ) Q1 2022 Earnings Conference Call April 27, 2022 9:00 AM ET Company Participants Byron Pope - VP, ESG and IR Soma Somasundaram - President and CEO Ken Fisher - EVP and CFO Conference Call Participants Stephen Gengaro - Stifel Nicolaus Scott Gruber - Citigroup Dave Anderson - Barclays Capital Ian MacPherson - Piper Sandler Taylor Zurcher - Tudor, Pickering, Holt Neil Mehta - Goldman Sachs Chase Mulvehill - Bank of America Operator Welcome to the ChampionX First Quarter 2022 Earnings Conference Call. My name is John, and I'll be your operator for today's call.
- 04/27/2022
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3 Energy Stocks With Excellent Potential to Energize Your Portfolio
- Energy stocks were hot in 2021 and continue to provide strong returns in 2022. This subsector is the place to be for the best returns.
- 04/20/2022
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ChampionX (CHX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- 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.
- 04/19/2022
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ChampionX: Good Performance, But Volatility Is An Issue
- ChampionX is the result of the merger of Apergy with Ecolab's Upstream Energy business in mid-2020.
- 03/24/2022
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Strength Seen in ChampionX (CHX): Can Its 9.6% Jump Turn into More Strength?
- ChampionX (CHX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
- 03/08/2022
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ChampionX (CHX) Stock: Why It Increased Today
- The stock price of ChampionX Corporation (NASDAQ: CHX) increased by over 2% pre-market today. This is why.
- 02/22/2022
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ChampionX Corporation (CHX) CEO Soma Somasundaram on Q4 2021 Results - Earnings Call Transcript
- ChampionX Corporation (CHX) CEO Soma Somasundaram on Q4 2021 Results - Earnings Call Transcript
- 02/10/2022
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ChampionX (CHX) Earnings Expected to Grow: Should You 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.
- 02/02/2022
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ChampionX Corporation (CHX) CEO Soma Somasundaram on Q3 2021 Results - Earnings Call Transcript
- ChampionX Corporation (CHX) CEO Soma Somasundaram on Q3 2021 Results - Earnings Call Transcript
- 10/28/2021
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Construction Stock Q3 Earnings Due on Oct 27: URI, MAS, OC, CHX
- The sector's Q3 results are likely to reflect a solid activity surrounding housing, R&R, infrastructural, and energy markets. High labor/material costs might have been risks.
- 10/26/2021
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ChampionX Corporation: International Markets To Rev Up Growth Engine
- With a robust artificial lift and chemical product line in the inventory since the Ecolab merger, CHX plans to tap new international territories. Expect CHX's operating margin to improve in Q3, led by higher volumes and the impact of the price increases.
- 09/19/2021
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ChampionX Corp. (CHX) CEO Soma Somasundaram on Q2 2021 Results - Earnings Call Transcript
- ChampionX Corp. (CHX) CEO Soma Somasundaram on Q2 2021 Results - Earnings Call Transcript
- 07/29/2021
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ChampionX (CHX) Beats Q2 Earnings and Revenue Estimates
- ChampionX (CHX) delivered earnings and revenue surprises of 10.00% and 3.38%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/28/2021
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ChampionX Announces Acquisition of Scientific Aviation, Inc.
- THE WOODLANDS, Texas, July 05, 2021 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today the completion of its acquisition of Scientific Aviation, Inc., a market leader in site-specific and regional methane emissions monitoring solutions for continuous and periodic monitoring applications.
- 07/05/2021
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Top 5 Stocks From Thriving Engineering R&D Services Industry
- Top 5 Stocks From Thriving Engineering R&D Services Industry
- 06/23/2021
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ChampionX Corp. (CHX) CEO Soma Somasundaram on Q1 2021 Results - Earnings Call Transcript
- ChampionX Corp. (CHX) CEO Soma Somasundaram on Q1 2021 Results - Earnings Call Transcript
- 04/29/2021
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Strength Seen in ChampionX (CHX): Can Its 8.1% Jump Turn into More Strength?
- ChampionX (CHX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
- 03/11/2021
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ChampionX's (CHX) CEO Soma Somasundaram on Q4 2020 Results - Earnings Call Transcript
- ChampionX's (CHX) CEO Soma Somasundaram on Q4 2020 Results - Earnings Call Transcript
- 02/24/2021
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ChampionX (CHX) Q4 Earnings and Revenues Surpass Estimates
- ChampionX (CHX) delivered earnings and revenue surprises of 75.00% and 9.03%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/23/2021
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ChampionX Announces Fourth Quarter and Full Year 2020 Earnings Release and Conference Call Schedule
- THE WOODLANDS, Texas, Jan. 15, 2021 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today that it will release its fourth quarter and full year 2020 operating results on Tuesday, February 23, 2021, after the market closes. The Company has scheduled a conference call for Wednesday, February 24, 2021, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time) to discuss the results.
- 01/15/2021
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Will ChampionX (CHX) Continue to Surge Higher?
- As of late, it has definitely been a great time to be an investor of ChampionX Corporation (CHX).
- 12/24/2020
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Vaccines to Fuel Santa Claus Rally: 5 Stock Picks
- With only eight trading days left this year, markets are bracing for the so-called Santa Claus rally.
- 12/21/2020
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ChampionX Corporation to Transfer Stock Exchange Listing to Nasdaq
- Ticker symbol will remain “CHX” Ticker symbol will remain “CHX”
- 12/21/2020
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Moving Average Crossover Alert: ChampionX Corp (CHX)
- ChampionX Corporation (CHX) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
- 12/15/2020
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Credit Suisse Has 7 New Analyst Top Stock Picks for 2021
- Many reflections need to be considered as 2020 fades away and 2021 approaches. The COVID-19 pandemic's deaths and illnesses are the top story, without question.
- 12/09/2020
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ChampionX Corporation Announces Tender Offer for 6.375% Senior Notes due 2026
- THE WOODLANDS, Texas, Nov. 30, 2020 (GLOBE NEWSWIRE) -- ChampionX Corporation (NYSE: CHX) (the “Company” or “ChampionX”) announced today the commencement of a cash tender offer (the “Tender Offer”) to purchase its 6.375% Senior Notes due 2026 (the “Notes”) in a principal amount of up to $100,000,000 (the “Tender Cap”), as described in the table below:
- 11/30/2020
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ChampionX and Modumetal Inc. Announce Exclusive Collaboration Agreement
- THE WOODLANDS, Texas, Nov. 16, 2020 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX”) (NYSE: CHX) announced today an exclusive collaboration agreement with Modumetal Inc. The agreement is intended to drive production-related technology developments by combining Modumetal's advanced materials and processes and ChampionX's extensive research and development capabilities.
- 11/16/2020
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ChampionX's (CHX) CEO Soma Somasundaram on Q3 2020 Results - Earnings Call Transcript
- ChampionX's (CHX) CEO Soma Somasundaram on Q3 2020 Results - Earnings Call Transcript
- 10/29/2020
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ChampionX Reports Third Quarter 2020 Results
- THE WOODLANDS, Texas, Oct. 28, 2020 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX”) (NYSE: CHX) (“the Company”) today announced third quarter of 2020 results, our first full quarter following the June 3, 2020 combination of the Company with the legacy ChampionX business.
- 10/28/2020
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ChampionX Announces Third Quarter 2020 Earnings Release and Conference Call Schedule
- ChampionX Corporation (“ChampionX”) (NYSE: CHX) announced today that it will release its third quarter 2020 operating results on Wednesday, October 28, 2020
- 10/14/2020
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Saudi Arabia Oilfield Chemicals Market to 2025 by Application (Enhanced Oil Recovery, Stimulation, Cementing, Completion Production, Drilling, Others), & Oilfield Type (Onshore, Offshore) - ResearchAndMarkets.com
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ChampionX to Participate in the Simmons Energy Gleneagles Goes Virtual Conference
- ChampionX Corporation (“ChampionX”) (NYSE: CHX), announced today that Sivasankaran "Soma" Somasundaram, President and Chief Executive Officer, and Jay Nutt,
- 08/28/2020
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Byron Pope named Vice President of ESG & Investor Relations for ChampionX
- ChampionX Corporation (“ChampionX”) (NYSE: CHX) announced today that Byron Pope has been appointed to the newly created role of Vice President – ESG & Investor
- 08/24/2020
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If You Had Bought ChampionX's (NYSE:CHX) Shares A Year Ago You Would Be Down 60%
- While it may not be enough for some shareholders, we think it is good to see the ChampionX Corporation (NYSE:CHX...
- 08/17/2020
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ChampionX Reports Second Quarter 2020 Results
- * Revenue of $298.9 million in Q2-20 * Net loss attributable to ChampionX of $109.6 million in Q2-20 * Adjusted EBITDA of $34.5 million in Q2-20 * Cash from operating activities of $48.8 million and free cash flow of $37.0 million, or 12% of revenue in Q2-20; free cash flow of $72.0 million excluding $35.1 million of cash payments for transaction expenses * Integration of legacy Apergy and legacy ChampionX on track, expect annualized run-rate synergies towards the high-end of the previously announced $25 to $35 million exiting 2020 * Liquidity of $501 million including cash and unused revolver capacity after repaying in full $125 million of borrowings on our revolving credit facilityTHE WOODLANDS, Texas, Aug. 05, 2020 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX”) (NYSE: CHX) (“the Company”) today announced second quarter of 2020 results. On June 3, 2020, the Company completed the combination of its business with the legacy ChampionX business. Actual results in the second quarter of 2020 include the results of operations of the legacy Apergy businesses for the entire period, and results from legacy ChampionX for the month of June 2020. For the second quarter of 2020, revenue was $298.9 million, net loss attributable to ChampionX was $109.6 million, and adjusted EBITDA was $34.5 million. Loss before income taxes margin was (36.8)%, and adjusted EBITDA margin was 11.5%. Cash provided by operating activities was $48.8 million, an increase of $19.6 million sequentially, and free cash flow was $37.0 million. Cash flow figures include payment of $35.1 million in transaction-related expenses in the quarter. Results on a pro forma basis for ChampionX are provided supplementary to the actual results of the Company and represent results as if legacy ChampionX was combined with the Company for the entire period.For the second quarter of 2020, pro forma revenue was $614.7 million, pro forma net loss was $60.1 million attributable to ChampionX, and pro forma adjusted EBITDA was $62.8 million, including $6 million of estimated cost avoidance synergies. Pro forma results are presented in the section titled “ChampionX Pro Forma Results.” For additional information on the pro forma results see note titled “Results on a Pro Forma Basis” below and the tables included in this release. iReportable SegmentsChampionX reports its results under the following segments as well as Corporate and Other: * Production Chemical Technologies—manufactures, supplies, and services a comprehensive suite of innovative production chemical products to oil and natural gas producers and midstream operators, including solutions to manage and control corrosion, oil and water separation, flow assurance, sour gas treatment and a host of water-related issues. Production Chemical Technologies represents the Oilfield Performance segment of legacy ChampionX. * Production & Automation Technologies—designs, manufactures, markets and services a full range of artificial lift equipment, end-to-end digital automation solutions, as well as other production equipment. Production & Automation Technologies segment reporting is unchanged from legacy Apergy. * Drilling Technologies—designs, manufactures, and markets polycrystalline diamond cutters and bearings for use in oil and gas drilling. Drilling Technologies segment reporting is unchanged from legacy Apergy. * Reservoir Chemical Technologies—manufactures, supplies, and services a broad range of drilling and completion chemical products that support well stimulation, acidizing, cementing, and remediation needs in the oil and natural gas industry. Reservoir Chemical Technologies represents the Specialty Performance segment of legacy ChampionX.Business activities that do not meet the criteria of an operating segment have been combined into Corporate and Other. Corporate and Other includes (i) corporate and overhead expenses, and (ii) revenue and costs for activities that are not operating segments.CEO Commentary“As we continue to operate in the midst of a global pandemic, the health and safety of our employees remains our highest priority, and we are committed to taking all necessary steps to protect them,” ChampionX’s President and Chief Executive Officer Sivasankaran “Soma” Somasundaram said. “I want to thank all our employees for their continued dedication through this challenging period. They continue to demonstrate outstanding adaptability and flexibility during these uncertain times. It is a privilege for me to lead such a high-performing team.“The second quarter saw an important and transformative milestone in our Company’s history. With the closing of our merger with legacy ChampionX we became a new company with a strengthened portfolio and expanded global scale. We believe that the execution of our merger with ChampionX was well timed and positions the new company for stronger performance and enhanced stability in the face of difficult near-term market conditions, and positions us strongly for long-term success as the global energy transition evolves. We believe the more resilient performance of our Production Chemical Technologies segment, which experienced a 15% sequential decline in pro forma revenue, demonstrates the advantages of our strategy of focusing on relatively more stable production-related businesses. In addition, with the merger we have increased our international revenues by more than eight times on a pro forma basis, increased our exposure to larger and more stable customers, particularly national and international oil companies, and on a pro forma basis immediately reduced the leverage on our balance sheet. “In the second quarter our team demonstrated exceptional execution. During the quarter, we reacted swiftly as market conditions deteriorated and proactively implemented our comprehensive cost reduction plans to support positive adjusted EBITDA and cash flow generation. For the legacy Apergy companies, we exceeded our cost saving objectives for the second quarter with some additional temporary cost savings actions, including furloughs and salary reductions. At legacy ChampionX, cost reduction actions were implemented prior to the merger, and combined with incremental actions we are now taking, we expect to deliver approximately $50 million of annualized savings within legacy ChampionX. These actions are distinct from our plan to capture the synergies provided by the merger.“Even in the depths of the current downturn, we continue to maintain a strong balance sheet and generate positive free cash flow. Excluding $35 million of cash transaction expenses, we generated free cash flow of $72 million in the second quarter. We also repaid in full the $125 million we borrowed in April under our revolving credit facility. We ended the quarter with $501 million of liquidity, including $142 million of cash on the balance sheet and $359 million of available capacity on our revolver. In addition, we remain focused on our free cash flow generation and we fully intend to start repaying our debt as early as third quarter of 2020.“Additionally, our merger integration is on-track and we are implementing our plans to capture the $75 million in cost synergies within 24 months of closing, as well as drive additional revenue growth opportunities. We expect to be at the higher end of the previously announced $25 to $35 million of run rate cost synergies exiting 2020.“While visibility remains challenging due to the uncertainty caused by the COVID pandemic, we are encouraged by the stabilization in the price of oil. In the third quarter, within our production-focused segments of Production Chemical Technologies and Production & Automation Technologies, we expect to see a modest sequential increase in our revenue due to operators bringing production back on-line. Drilling Technologies revenue is expected to decrease sequentially, driven by continued low drilling activity in the third quarter. On a consolidated basis, in the third quarter we expect a modest sequential increase in our revenue and adjusted EBITDA, driven by our production-focused segments. As we move into the fourth quarter, the seasonal impacts of holidays and E&P capital budget exhaustion are unclear at this time.“We are excited about the completion of the merger and the possibilities for our combined company. Our disciplined operating model, differentiated products and technology, strong free cash flow, and enhanced production-focused portfolio will enable us to be a long-term winner in the evolving global oil & gas industry.” ChampionX Actual Results Three Months Ended Variance (dollars in thousands, except per share amounts) Jun. 30, 2020 Mar. 31, 2020 Jun. 30, 2019 Sequential Year-over-year Revenue$298,914 $261,434 $306,170 14% (2)% Net income (loss) attributable to ChampionX$(109,645) $(633,728) $22,937 N/M N/M Diluted earnings (loss) per share attributable to ChampionX$(0.95) $(8.18) $0.30 N/M N/M Adjusted net income (loss) attributable to ChampionX$(49,234) $1,998 $25,958 N/M N/M Adjusted diluted earnings (loss) per share attributable to ChampionX$(0.43) $0.03 $0.33 N/M N/M Income (loss) before income taxes$(110,001) $(660,461) $29,288 N/M N/M Income (loss) before income taxes margin (36.8)% (252.6)% 9.6% N/M N/M Adjusted EBITDA$34,461 $53,258 $73,507 (35)% (53)% Adjusted EBITDA margin 11.5% 20.4% 24.
- 08/05/2020
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ChampionX Announces Second Quarter 2020 Earnings Release and Conference Call Schedule
- THE WOODLANDS, Texas, July 20, 2020 -- ChampionX Corporation (“ChampionX”) (NYSE: CHX) announced today that it will release its second quarter 2020 operating results.
- 07/20/2020
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Oakmark Equity And Income Fund: 2Q 2020
- We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value.
- 07/10/2020
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Ecolab : Filing of certain prospectuses and communications in connection with business combination transactions | MarketScreener
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Estimating The Fair Value Of ChampionX Corporation (NYSE:CHX)
- How far off is ChampionX Corporation (NYSE:CHX) from its intrinsic value? Using the most recent financial data, we'll...
- 06/18/2020
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