| (USD) | Jun 2024 | Q/Q |
|---|---|---|
| Revenue | 893.3MM | -3% |
| Gross Profit | 279.8MM | -6% |
| Cost Of Revenue | 613.4MM | -2% |
| Operating Income | 83.3MM | -40% |
| Operating Expenses | 196.6MM | - |
| Net Income | 52.6MM | -53% |
| G&A | 183MM | +6% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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Revenue of $893.3 millionNet income attributable to ChampionX of $52.6 millionAdjusted net income of $71.2 millionAdjusted EBITDA of $183.2 millionIncome before income taxes margin of 9.3%Adjusted EBITDA margin of 20.5%Cash from operating activities of $67.6 million and free cash flow of $38.3 million THE WOODLANDS, Texas, July 24, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced second quarter of 2024 results. Revenue was $893.3 million
THE WOODLANDS, Texas, July 09, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today it has completed the acquisition of RMSpumptools Limited, a designer and manufacturer of highly engineered mechanical and electrical solutions for complex artificial lift applications. “By adding RMSpumptools technology to our Production & Automation Technologies (“PAT”) portfolio, ChampionX advances its ability to del
THE WOODLANDS, Texas, May 16, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (Nasdaq: CHX) announced today its Board of Directors has declared a regular quarterly dividend of $0.095 per share on the company’s common stock, par value $0.01 per share, to be paid on July 26, 2024 to shareholders of record on July 5, 2024. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and pr
Revenue of $922.1 million, decreased 3% year-over-yearNet income attributable to ChampionX of $112.9 million, increased 78% year-over-yearAdjusted net income of $96.4 million, increased 17% year-over-yearAdjusted EBITDA of $191.7 million, increased 4% year-over-yearIncome before income taxes margin of 15.2%, increased 547 basis points year-over-yearAdjusted EBITDA margin of 20.8%, increased 130 basis points year-over-yearCash from operating activities of $173.5 million and free cash flow of $144
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. ChampionX will not host a conference call or webcast to discuss its first quarter 2024 results. About ChampionX ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that
**PVH (PVH)**: Shares slid more than 20% after the owner of Calvin Klein and Tommy Hilfiger warned that it expected an 11% drop in sales for the current quarter. **Humana (HUM)**, **CVS Health (CVS)**, **UnitedHealth (UNH)**: Shares of the health-insurance and drugstore companies fell after the Biden administration said final Medicare Advantage rates for 2025 won't change much compared to an earlier proposal.
Acquisition strengthens SLB as a leader in production space, with world-class production chemicals and artificial lift technologiesCombined portfolios will drive customer value through deep industry expertise and digital integration, as well as enhanced equipment life and production optimizationChampionX shareholders to receive 0.735 SLB shares for each share of ChampionXAnnual pre-tax synergies to reach approximately $400 million within three yearsSLB will increase its total returns to sharehol
Key Insights Using the 2 Stage Free Cash Flow to Equity, ChampionX fair value estimate is US$50.08 ChampionX's US$35.89...
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 a
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...