THE WOODLANDS, Texas, March 22, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation ("ChampionX" or the "Company") (NASDAQ:CHX), a global leader in oilfield technology, announced today it plans to acquire RMSpumptools Limited, a business unit of the energy division of UK-based James Fisher and Sons plc ("JFS"). The unit designs and manufactures highly engineered mechanical and electrical solutions for complex artificial lift applications. Under the terms of the agreement, the net purchase price is approximately ...

ChampionX Corporation (CHX) completes the acquisition of Artificial Lift Performance Limited (“ALP”), based in Edinburgh, Scotland. The move reflects CHX's strategic focus on digital growth. The company aims to deliver end-to-end digital solutions, enhancing productivity and profitability for customers' producing assets.ALP specializes in advanced analytics solutions to enhance oil and gas production performance, particularly in developing artificial lift optimization software aimed at maximizing production ...

THE WOODLANDS, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation ("ChampionX" or the "Company") (NASDAQ:CHX) announced today the acquisition of Artificial Lift Performance Limited ("ALP"), a provider of advanced analytics solutions for enhancing oil and gas production performance. Based in Edinburgh, Scotland, ALP has extensive expertise in developing artificial lift optimization software designed to maximize production and extend the life of artificial lift equipment. "The acquisition of Artif ...

ChampionX Corporation (NASDAQ:CHX) Q4 2023 Earnings Conference Call February 6, 2024 9:00 AM ET Company Participants Byron Pope - Vice President of ESG & Investor Relations Soma Somasundaram - President & Chief Executive Officer Ken Fisher - Executive Vice President & Chief Financial Officer Conference Call Participants Stephen Gengaro - Stifel Marc Bianchi - TD Cowen Saurabh Pant - Bank of America Ati Modak - Goldman Sachs Doug Becker - Capital One Operator Good morning. Welcome to ChampionX Corporation's ...

ChampionX (CHX) reported $943.56 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 4.3%. EPS of $0.44 for the same period compares to $0.43 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $953.93 million, representing a surprise of -1.09%. The company delivered an EPS surprise of +2.33%, with the consensus EPS estimate being $0.43.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...

Fourth-quarter revenue of $943.6 million decreased 4% year-over-year, flat sequentiallyFourth-quarter net income attributable to ChampionX of $77.2 million increased 14% year-over-year, and decreased 1% sequentiallyFourth-quarter adjusted EBITDA of $198.1 million increased 10% year-over-year, flat sequentiallyFourth-quarter cash from operating activities of $169.0 million and free cash flow of $139.8 millionFull-year net income attributable to ChampionX of $314.2 million increased 103% year-over-yearFull-ye ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-38441 ChampionX Corporation (Exact name of registrant as specified in its charter) Delaware 82-3066826 (State or other jurisdiction of incorpor ...

The upcoming report from ChampionX (CHX) is expected to reveal quarterly earnings of $0.43 per share, indicating no change from the year-ago quarter compared to the year-ago period. Analysts forecast revenues of $953.93 million, representing a decrease of 3.2% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings ...

ChampionX (CHX) is expected to deliver flat earnings compared to the year-ago quarter on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Feb ...

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 Ope ...