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CHX

CHX - ChampionX Corporation Stock Price, Fair Value and News

34.99USD+0.34 (+0.98%)Market Closed

Market Summary

CHX
USD34.99+0.34
Market Closed
0.98%

CHX Alerts

  • 1 major insider sales recently.

CHX Stock Price

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CHX RSI Chart

CHX Valuation

Market Cap

6.8B

Price/Earnings (Trailing)

18.57

Price/Sales (Trailing)

1.81

EV/EBITDA

10.65

Price/Free Cashflow

14.28

CHX Price/Sales (Trailing)

CHX Profitability

Operating Margin

30.96%

EBT Margin

12.64%

Return on Equity

21.49%

Return on Assets

10.96%

Free Cashflow Yield

7%

CHX Fundamentals

CHX Revenue

Revenue (TTM)

3.7B

Rev. Growth (Yr)

-2.76%

Rev. Growth (Qtr)

-2.27%

CHX Earnings

Earnings (TTM)

364.2M

Earnings Growth (Yr)

78.83%

Earnings Growth (Qtr)

46.7%

Breaking Down CHX Revenue

Last 7 days

-3.6%

Last 30 days

1.6%

Last 90 days

23.5%

Trailing 12 Months

28.7%

How does CHX drawdown profile look like?

CHX Financial Health

Current Ratio

1.83

Debt/Equity

0.35

Debt/Cashflow

1.05

CHX Investor Care

Dividend Yield

0.96%

Buy Backs (1Y)

3.84%

Diluted EPS (TTM)

1.84

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20243.7B000
20233.9B3.9B3.8B3.8B
20223.3B3.4B3.6B3.8B
20212.3B2.8B3.0B3.1B
20201.1B1.1B1.4B1.9B
20191.2B1.2B1.2B1.1B
20181.1B1.1B1.2B1.2B
2017785.4M873.1M946.4M1.0B
2016995.3M914.0M832.7M751.3M
20150001.1B
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Tracking the Latest Insider Buys and Sells of ChampionX Corporation

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 28, 2024
o'dell william jr.
sold
-978,408
36.00
-27,178
see remarks
Feb 20, 2024
galloway robert k
sold (taxes)
-82,744
29.85
-2,772
pres., drilling technologies
Feb 20, 2024
wright julia
sold (taxes)
-141,489
29.85
-4,740
senior vp, gc & secretary
Feb 20, 2024
o'dell william jr.
sold (taxes)
-103,788
29.85
-3,477
see remarks
Feb 20, 2024
raza syed
sold (taxes)
-72,804
29.85
-2,439
svp & chief digital officer
Feb 20, 2024
somasundaram sivasankaran
sold (taxes)
-865,948
29.85
-29,010
president & ceo
Feb 20, 2024
mahoney paul e
sold (taxes)
-125,280
29.85
-4,197
see remarks
Feb 20, 2024
bryant deric d.
sold (taxes)
-270,471
29.85
-9,061
see remarks
Feb 20, 2024
fisher kenneth m.
sold (taxes)
-299,067
29.85
-10,019
evp & cfo
Feb 20, 2024
zweig jordan
sold (taxes)
-74,386
29.85
-2,492
svp & chief hr officer

1–10 of 50

Which funds bought or sold CHX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 24, 2024
FORT WASHINGTON INVESTMENT ADVISORS INC /OH/
unchanged
-
-
17,565,700
0.12%
Apr 24, 2024
Spire Wealth Management
unchanged
-
2,330
8,757
-%
Apr 24, 2024
Simplicity Wealth,LLC
new
-
236,553
236,553
0.01%
Apr 24, 2024
RITHOLTZ WEALTH MANAGEMENT
reduced
-42.37
-149,087
361,629
0.01%
Apr 24, 2024
BROWN ADVISORY INC
added
9.93
65,199,600
251,112,000
0.34%
Apr 23, 2024
FIFTH THIRD BANCORP
added
2.14
203,283
1,000,540
-%
Apr 23, 2024
WESBANCO BANK INC
new
-
1,527,870
1,527,870
0.06%
Apr 23, 2024
Venturi Wealth Management, LLC
unchanged
-
1,095
5,886
-%
Apr 23, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
unchanged
-
271,000
1,457,000
0.05%
Apr 23, 2024
AMALGAMATED BANK
reduced
-17.57
46,000
3,600,000
0.03%

1–10 of 49

Are Funds Buying or Selling CHX?

Are funds buying CHX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CHX
No. of Funds

Unveiling ChampionX Corporation's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.28%
20,033,091
SC 13G/A
Jan 23, 2024
blackrock inc.
12.2%
23,767,417
SC 13G/A
Feb 09, 2023
vanguard group inc
10.11%
20,156,512
SC 13G/A
Jan 26, 2023
blackrock inc.
11.9%
23,726,460
SC 13G/A
Jan 20, 2023
blackrock inc.
11.9%
23,726,460
SC 13G
Nov 10, 2022
vanguard group inc
10.20%
20,337,316
SC 13G/A
Feb 14, 2022
boston partners
3.59%
7,253,599
SC 13G/A
Feb 09, 2022
vanguard group inc
9.79%
19,782,623
SC 13G/A
Jan 27, 2022
blackrock inc.
12.1%
24,374,728
SC 13G/A
Jan 26, 2022
blackrock inc.
12.1%
24,374,728
SC 13G/A

Recent SEC filings of ChampionX Corporation

View All Filings
Date Filed Form Type Document
Apr 25, 2024
10-Q
Quarterly Report
Apr 25, 2024
IRANNOTICE
IRANNOTICE
Apr 24, 2024
8-K
Current Report
Apr 23, 2024
425
Prospectus Filed
Apr 22, 2024
425
Prospectus Filed
Apr 22, 2024
425
Prospectus Filed
Apr 19, 2024
425
Prospectus Filed
Apr 19, 2024
425
Prospectus Filed
Apr 19, 2024
DEFA14A
DEFA14A
Apr 17, 2024
425
Prospectus Filed

Peers (Alternatives to ChampionX Corporation)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
70.6B
34.1B
-8.56% 3.47%
16.29
2.07
14.20% 12.21%
34.7B
23.1B
1.10% 22.10%
13.39
1.5
6.71% 31.84%
MID-CAP
11.5B
7.8B
4.97% 107.81%
205.02
1.47
16.77% 152.43%
7.5B
8.6B
-0.52% 5.16%
7.52
0.87
18.60% 536.86%
6.8B
3.7B
1.60% 28.73%
18.57
1.81
-4.02% 100.73%
3.8B
4.6B
14.94% 82.33%
8.05
0.84
-1.29% -16.22%
3.1B
990.3M
2.72% 106.60%
29.83
3.16
17.12% 137.04%
SMALL-CAP
1.6B
2.3B
-2.20% 41.97%
6.3
0.67
8.66% 93.36%
681.3M
-
3.64% -17.99%
28.73
1.36
- -
664.2M
424.1M
-16.12% -27.42%
1.1K
1.57
17.17% 137.19%
344.8M
386.1M
17.68% 82.03%
-36.38
0.89
9.26% 57.09%
331.0M
719.2M
-9.67% -10.39%
12.61
0.46
9.95% 114.41%

ChampionX Corporation News

Latest updates
Yahoo Finance • 29 hours ago
Investor's Business Daily • 02 Apr 2024 • 07:00 am
MarketWatch • 02 Apr 2024 • 07:00 am
Bloomberg • 02 Apr 2024 • 07:00 am
TipRanks • 02 Apr 2024 • 07:00 am

ChampionX Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-2.3%9229449409279489861,022933866822819749685706634299261248277306300
Cost Of Revenue-5.8%623661648644665703825721658617623569523--------
Gross Profit6.0%29928229228228328319721220820519618016216612832.0082.0073.0093.00109103
  S&GA Expenses17.0%17214716216216114715414115013913515214313312213178.0075.0068.0067.0064.00
EBITDA Margin8.9%0.18*0.16*0.15*0.13*0.11*0.10*0.10*0.11*0.12*0.11*0.12*0.09*---------
Interest Expenses-0.9%-13.93-13.81-13.74-14.54-12.47-11.62-11.45-10.76-11.36-11.04-12.85-14.06-13.97-15.49-15.93-11.26-9.04-9.07-9.59-10.11-10.53
Income Taxes-25.6%27.0036.0029.0012.0029.0021.0014.00-1.406.006.0026.004.003.0012.00-3.96-0.95-27.01-9.053.006.006.00
Earnings Before Taxes22.7%14011411010892.0087.0037.0027.0045.0050.0085.0011.007.0019.00-11.29-110-660-10.6215.0029.0026.00
EBT Margin12.1%0.13*0.11*0.10*0.08*0.06*0.05*0.04*0.06*0.06*0.05*0.04*0.01*---------
Net Income46.7%11377.0078.0097.0063.0066.0023.0029.0038.0044.0057.008.004.007.00-7.91-109-633-1.8211.0023.0020.00
Net Income Margin16.6%0.10*0.08*0.08*0.06*0.05*0.04*0.04*0.05*0.05*0.04*0.03*0.00*---------
Free Cashflow2.9%14213810985.0066.0016716651.00-73.7271.0067.0041.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets2.5%3,3233,2423,3113,3303,3273,3873,4033,4633,5723,5353,5033,4863,4763,4763,4543,5211,2451,9231,9721,9751,989
  Current Assets3.6%1,4761,4251,4861,4851,4681,4991,4771,4701,5351,4611,4181,3501,3011,2661,2331,259505493531530538
    Cash Equivalents33.8%38628928526324825019117118125525723926020117114254.0035.0041.0024.0028.00
  Inventory4.2%543522589599592543571607626543497468435430471528207211220234233
  Net PPE-----------781819833855868945235248249251245
  Goodwill1.6%6806696666696676797087246.0070370114.00686681660644292911911906-
Liabilities3.0%1,6281,5811,6051,6181,6571,7101,7081,6701,7941,7801,7911,8271,8471,8631,8681,936853887930944983
  Current Liabilities3.1%807783794814841859797753832802757687632623574558199200206201212
  Long Term Debt-0.1%5945945955955966226446946916987448398999069901,072-555589613638
    LT Debt, Current0%6.006.006.006.006.006.005.005.0027.0027.0027.0027.0027.0027.0031.0032.00-----
    LT Debt, Non Current-100.0%-5945955955966226446946916987448398999069901,072-555589613638
Shareholder's Equity1.1%1,6951,6771,7211,7121,6701,6951,6951,7931,7781,7541,7121,6591,6291,6131,5861,5853921,0361,0361,024999
  Retained Earnings14.0%-391-455-442-457-506-527-530-503-503-525-568-625-632-638-645-637-52810711010076.00
  Additional Paid-In Capital-1.1%2,1442,1672,2052,2212,2382,2502,2762,3162,3192,3152,3152,3102,3022,2932,2892,283971969971969967
Accumulated Depreciation-----------558542505494495464432427420414-
Shares Outstanding-0.4%190191195196198199201203203202202201---------
Minority Interest1.9%-15.29-15.59-15.35-17.71-18.54-17.33-15.97-15.47-14.66-16.34-15.24-15.36-15.66-13.40-13.52-14.104.003.003.003.003.00
Float----6,059---4,012---5,163---1,948---2,575-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations2.7%173,508168,953163,030115,91092,378195,093187,15274,240-43,12588,41988,66260,92490,214120,608111,39948,81129,22232,50964,08939,39119,910
  Share Based Compensation1.4%6,1736,0856,0896,3415,2345,2815,0095,0714,7285,2655,5575,9146,4425,8185,8565,4332,4292,7052,5242,7362,285
Cashflow From Investing63.0%-10,794-29,142-48,469-27,143-23,025-26,463-19,719-20,743-21,064-29,25135,038-18,531-24,667-12,584-4,61846,078-6,746-6,547-20,922-15,164-7,243
Cashflow From Financing53.1%-64,093-136,617-91,307-74,134-71,107-109,604-140,838-64,565-9,798-60,632-103,972-63,807-5,936-81,921-83,475-6,826-3,144-31,454-26,460-28,255-26,234
  Dividend Payments-100.0%-16,67116,71816,58015,01115,11415,01515,465-------------
  Buy Backs-58.1%49,400117,85268,10051,19040,42780,05280,07420,016-------------

CHX Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue:   
Lease and other revenue$ 96,484$ 87,727$ 75,720
Total revenue3,758,2853,805,9483,074,990
Cost of goods and services2,618,6462,907,2842,331,715
Gross profit1,139,639898,664743,275
Costs and expenses:   
Selling, general and administrative expense633,032592,282570,357
Goodwill impairment039,6170
Long-lived asset impairments and loss (gain) on disposal groups12,96518,493(38,131)
Interest expense, net54,56245,20451,921
Foreign currency transaction losses, net36,3348,5554,104
Other expense (income), net(21,078)(2,293)2,339
Income before income taxes423,824196,806152,685
Provision for income taxes105,10540,24338,445
Net income318,719156,563114,240
Net income attributable to noncontrolling interest4,4811,594941
Net income attributable to ChampionX$ 314,238$ 154,969$ 113,299
Earnings per share attributable to ChampionX:   
Basic (in dollars per share)$ 1.60$ 0.77$ 0.56
Diluted (in dollars per share)$ 1.57$ 0.75$ 0.54
Weighted-average shares outstanding:   
Basic (in shares)196,083201,740201,579
Diluted (in shares)199,906207,259208,325
Product revenue   
Revenue:   
Product and service revenue$ 3,297,468$ 3,318,357$ 2,656,184
Service revenue   
Revenue:   
Product and service revenue$ 364,333$ 399,864$ 343,086

CHX Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets:  
Cash and cash equivalents$ 288,557$ 250,187
Receivables, net of allowances of $5,734 in 2023 and $5,506 in 2022534,534601,061
Inventories, net521,549542,543
Assets held for sale15,56529,334
Prepaid expenses and other current assets65,21275,456
Total current assets1,425,4171,498,581
Property, plant and equipment, net773,552734,810
Goodwill669,064679,488
Intangible assets, net243,553305,010
Operating lease right-of-use assets69,56192,928
Other non-current assets60,55576,666
Total assets3,241,7023,387,483
Current Liabilities:  
Current portion of long-term debt6,2036,250
Accounts payable451,680469,566
Accrued compensation and employee benefits109,626102,750
Current portion of operating lease liabilities23,29228,838
Accrued distributor fees56,443102,034
Liabilities held for sale07,186
Accrued expenses and other current liabilities135,505142,352
Total current liabilities782,749858,976
Long-term debt594,283621,702
Deferred income taxes71,49794,235
Operating lease liabilities41,97559,686
Other long-term liabilities90,16775,669
Total liabilities1,580,6711,710,268
Stockholders’ equity:  
Common stock (2.5 billion shares authorized, $0.01 par value) 191.1 million shares and 198.5 million shares issued and outstanding at December 31, 2023 and 2022, respectively1,9131,985
Capital in excess of par value of common stock2,166,9112,249,698
Accumulated deficit(455,676)(527,603)
Accumulated other comprehensive loss(36,526)(29,530)
ChampionX stockholders’ equity1,676,6221,694,550
Noncontrolling interest(15,591)(17,335)
Total equity1,661,0311,677,215
Total liabilities and equity$ 3,241,702$ 3,387,483
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 control corrosion, oil and water separation, flow assurance, sour gas treatment, and water-related issues. The Production & Automation Technologies segment provides artificial lift equipment, end-to-end automation and digital solutions, and other production equipment, including electrical submersible pumping systems, gas lift systems, jet pumps, multiplex surface pumps, plunger lift equipment, progressive cavity pumping systems, downhole rod lift systems, emissions monitoring solutions, chemical injection systems, flow control valves, and gauges under the Harbison-Fischer, Norris, Alberta Oil Tool, Oil Lift Technology, PCS Ferguson, Pro-Rod, Upco, Unbridled ESP, Norriseal-Wellmark, Quartzdyne, Spirit, Theta, Timberline, and Windrock brands. The Drilling Technologies segment offers polycrystalline diamond cutter inserts, bearings, valves, and mining tools under the US Synthetic brand for use in oil and gas drill bits, renewable energy applications, mixers, and agitators; and high-density ceramic roof bolt mining tools for underground mining operations. The Reservoir Chemical Technologies segment provides chemistry-oriented solutions and technologies for well drilling, cementing, fracturing, acidizing, and other well interventions, as well as fracturing fluid packages, drilling and cement additives, and products for acidizing activities. The company was founded in 1882 and is headquartered in The Woodlands, Texas.
 CEO
 WEBSITEchampionx.com
 INDUSTRYOil - Services
 EMPLOYEES7300

ChampionX Corporation Frequently Asked Questions


What is the ticker symbol for ChampionX Corporation? What does CHX stand for in stocks?

CHX is the stock ticker symbol of ChampionX Corporation. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of ChampionX Corporation (CHX)?

As of Thu Apr 25 2024, market cap of ChampionX Corporation is 6.69 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CHX stock?

You can check CHX's fair value in chart for subscribers.

What is the fair value of CHX stock?

You can check CHX's fair value in chart for subscribers. The fair value of ChampionX Corporation is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of ChampionX Corporation is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CHX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is ChampionX Corporation a good stock to buy?

The fair value guage provides a quick view whether CHX is over valued or under valued. Whether ChampionX Corporation is cheap or expensive depends on the assumptions which impact ChampionX Corporation's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CHX.

What is ChampionX Corporation's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, CHX's PE ratio (Price to Earnings) is 21.26 and Price to Sales (PS) ratio is 1.78. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CHX PE ratio will change depending on the future growth rate expectations of investors.