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CHX

CHX - ChampionX Corporation Stock Price, Fair Value and News

32.69USD-0.18 (-0.55%)Delayed as of 23 May 2024, 01:59 pm ET

Market Summary

CHX
USD32.69-0.18
Delayedas of 23 May 2024, 01:59 pm
-0.55%

CHX Alerts

  • Big jump in Earnings (Y/Y)

CHX Stock Price

View Fullscreen

CHX RSI Chart

CHX Valuation

Market Cap

6.3B

Price/Earnings (Trailing)

17.19

Price/Sales (Trailing)

1.68

EV/EBITDA

9.88

Price/Free Cashflow

13.21

CHX Price/Sales (Trailing)

CHX Profitability

Operating Margin

30.96%

EBT Margin

12.64%

Return on Equity

21.28%

Return on Assets

10.96%

Free Cashflow Yield

7.57%

CHX Fundamentals

CHX Revenue

Revenue (TTM)

3.7B

Rev. Growth (Yr)

-2.76%

Rev. Growth (Qtr)

-2.27%

CHX Earnings

Earnings (TTM)

364.0M

Earnings Growth (Yr)

77.74%

Earnings Growth (Qtr)

47.07%

Breaking Down CHX Revenue

52 Week Range

33.11
(Low)(High)

Last 7 days

-3.5%

Last 30 days

-6.7%

Last 90 days

6.9%

Trailing 12 Months

21.7%

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

1.03%

Dividend/Share (TTM)

0.34

Buy Backs (1Y)

3.83%

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
May 15, 2024
todd stephen m.
acquired
-
-
1,562
-
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

1–10 of 50

Which funds bought or sold CHX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 21, 2024
LRI Investments, LLC
new
-
15,576
15,576
-%
May 20, 2024
Highlander Capital Management, LLC
unchanged
-
247
1,328
-%
May 17, 2024
Plato Investment Management Ltd
sold off
-100
-1,957
-
-%
May 17, 2024
New Covenant Trust Company, N.A.
new
-
16,581
16,581
0.02%
May 16, 2024
Ancora Advisors LLC
reduced
-58.53
-287,636
298,784
0.01%
May 16, 2024
JANE STREET GROUP, LLC
added
57.39
3,176,780
6,578,460
-%
May 16, 2024
HANCOCK WHITNEY CORP
reduced
-50.52
-488,288
757,311
0.03%
May 16, 2024
Pineridge Advisors LLC
sold off
-100
-1,314
-
-%
May 16, 2024
COMERICA BANK
reduced
-4.17
986,332
6,545,710
0.03%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.99
939,509
6,997,080
0.01%

1–10 of 45

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
May 17, 2024
8-K
Current Report
May 16, 2024
4
Insider Trading
May 15, 2024
DEFM14A
DEFM14A
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

Peers (Alternatives to ChampionX Corporation)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
66.4B
-
-6.10% 0.93%
15.32
17.48
-86.47% 12.21%
32.2B
23.1B
-6.04% 18.97%
12.41
1.39
6.71% 32.21%
MID-CAP
10.9B
8.1B
0.12% 80.60%
51.4
1.34
18.75% 572.06%
7.2B
8.8B
-1.88% 17.53%
7.31
0.82
14.70% 198.19%
6.3B
3.7B
-6.73% 21.65%
17.19
1.68
-4.02% 100.20%
3.9B
4.6B
5.15% 77.56%
8.13
0.85
-1.29% -16.22%
3.1B
1.0B
1.28% 108.33%
23.9
3
17.17% 118.50%
SMALL-CAP
1.5B
2.3B
-1.24% 48.40%
6.48
0.67
2.36% 81.92%
681.3M
-
8.54% -23.41%
28.73
1.36
- -
642.6M
443.5M
-3.72% -23.05%
-29.63
1.45
19.98% -325.36%
344.8M
386.1M
17.68% 82.03%
-36.38
0.89
9.26% 57.09%
264.0M
701.7M
-21.74% -26.57%
10.31
0.38
0.29% 55.69%

ChampionX Corporation News

Latest updates
Defense World9 hours ago
MarketWatch02 Apr 202407:00 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 Income47.1%11377.0078.0097.0064.0066.0023.0029.0038.0044.0057.008.004.007.00-7.91-109-633-1.8211.0023.0020.00
Net Income Margin16.5%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%6806696666696676797087246.0070370114.00686681660644292911911--
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-0.1%5945945955955966226446946916987448398999069901,072-555589613638
Shareholder's Equity2.0%1,7101,6771,7211,7121,6701,6771,6951,7931,7781,7541,7121,6591,6291,6131,5861,5853921,0361,0361,024999
  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-0.5%190191195196198199201203203202201201---------
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-2.5%16,24716,67116,71816,58015,01115,11415,01515,465-------------
  Buy Backs-58.1%49,399117,84568,11351,19040,42880,05280,07420,016-------------
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CHX Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:  
Lease and other revenue$ 27,135$ 22,079
Total revenue922,141948,347
Cost of goods and services622,937664,992
Gross profit299,204283,355
Costs and expenses:  
Selling, general and administrative expense172,414160,816
Loss (gain) on disposal group and sale-leaseback transaction(29,883)12,965
Interest expense, net13,93512,466
Foreign currency transaction losses, net559,252
Other expense (income), net2,927(3,957)
Income before income taxes139,75691,813
Provision for income taxes26,59628,669
Net income113,16063,144
Net income (loss) attributable to noncontrolling interest237(388)
Net income attributable to ChampionX$ 112,923$ 63,532
Earnings per share attributable to ChampionX:  
Basic (in dollars per share)$ 0.59$ 0.32
Diluted (in dollars per share)$ 0.58$ 0.31
Weighted-average shares outstanding:  
Basic (in shares)190,803198,286
Diluted (in shares)193,964202,440
Product revenue  
Revenue:  
Revenue$ 807,827$ 833,023
Service revenue  
Revenue:  
Revenue$ 87,179$ 93,245

CHX Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:  
Cash and cash equivalents$ 386,017$ 288,557
Receivables, net of allowances of $6,257 in 2024 and $5,734 in 2023471,813534,534
Inventories, net543,224521,549
Assets held for sale15,41815,565
Prepaid expenses and other current assets59,69265,212
Total current assets1,476,1641,425,417
Property, plant, and equipment, net of accumulated depreciation of $784,428 in 2024 and $781,367 in 2023759,038773,552
Goodwill679,704669,064
Intangible assets, net240,459243,553
Operating lease right-of-use assets103,95769,561
Other non-current assets63,62760,555
Total assets3,322,9493,241,702
Current Liabilities:  
Current portion of long-term debt6,2036,203
Accounts payable532,205451,680
Accrued compensation and employee benefits58,389109,626
Current portion of operating lease liabilities22,79623,292
Accrued distributor fees36,65856,443
Accrued expenses and other current liabilities150,942135,505
Total current liabilities807,193782,749
Long-term debt593,575594,283
Deferred income taxes58,40071,497
Operating lease liabilities76,99741,975
Other long-term liabilities91,61090,167
Total liabilities1,627,7751,580,671
Stockholders’ equity:  
Common stock (2.5 billion shares authorized, $0.01 par value) 190.4 million shares and 191.3 million shares issued and outstanding in 2024 and 2023, respectively1,9041,913
Capital in excess of par value of common stock2,143,8832,166,911
Accumulated deficit(391,813)(455,676)
Accumulated other comprehensive loss(43,511)(36,526)
ChampionX stockholders’ equity1,710,4631,676,622
Noncontrolling interest(15,289)(15,591)
Total equity1,695,1741,661,031
Total liabilities and equity$ 3,322,949$ 3,241,702
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 Wed May 22 2024, market cap of ChampionX Corporation is 6.26 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 Wed May 22 2024, CHX's PE ratio (Price to Earnings) is 17.19 and Price to Sales (PS) ratio is 1.68. 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.