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 Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

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.