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CHX
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ChampionX Corporation (CHX)

Upturn stock ratingUpturn stock rating
$24.85
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
  • ALL
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Upturn Advisory Summary

06/06/2025: CHX (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

5 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $40.8

1 Year Target Price $40.8

Analysts Price Target For last 52 week
$40.8Target price
Low$21.92
Current$24.85
high$35.59

Analysis of Past Performance

Type Stock
Historic Profit -12.35%
Avg. Invested days 39
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/06/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.78B USD
Price to earnings Ratio 16.53
1Y Target Price 40.8
Price to earnings Ratio 16.53
1Y Target Price 40.8
Volume (30-day avg) 5
Beta 1.51
52 Weeks Range 21.92 - 35.59
Updated Date 06/30/2025
52 Weeks Range 21.92 - 35.59
Updated Date 06/30/2025
Dividends yield (FY) 1.52%
Basic EPS (TTM) 1.51

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 8.2%
Operating Margin (TTM) 14.42%

Management Effectiveness

Return on Assets (TTM) 9.44%
Return on Equity (TTM) 16.83%

Valuation

Trailing PE 16.53
Forward PE 14.51
Enterprise Value 4906581312
Price to Sales(TTM) 1.34
Enterprise Value 4906581312
Price to Sales(TTM) 1.34
Enterprise Value to Revenue 1.37
Enterprise Value to EBITDA 6.92
Shares Outstanding 191436992
Shares Floating 189363504
Shares Outstanding 191436992
Shares Floating 189363504
Percent Insiders 0.9
Percent Institutions 95.57

Analyst Ratings

Rating 3
Target Price 40.8
Buy 2
Strong Buy 3
Buy 2
Strong Buy 3
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

ChampionX Corporation

stock logo

Company Overview

overview logo History and Background

ChampionX Corporation was formed in 2020 through the merger of Apergy Corporation and the upstream energy business of Ecolab. It builds upon decades of experience in oil and gas production optimization.

business area logo Core Business Areas

  • Production & Automation Technologies: Provides artificial lift equipment, chemical solutions, and automation technologies to enhance oil and gas production efficiency.
  • Drilling Technologies: Offers downhole drilling tools and technologies for directional drilling and well construction.
  • Reservoir Chemical Technologies: Develops and delivers chemical treatments that mitigate risk and improve oil recovery from unconventional and conventional reservoirs.
  • Artificial Lift: Designs, manufactures, and services artificial lift systems that improve oil and gas production from new and existing wells.

leadership logo Leadership and Structure

Sivasankaran 'Siva' Somasundaram is the President and CEO. The company operates with a functional organizational structure across its business segments, with global operations and sales teams.

Top Products and Market Share

overview logo Key Offerings

  • Rod Lift Systems: Artificial lift systems that are used in low to medium oil production wells. Competitors include Lufkin Industries (a GE company). Market share data not readily available, but ChampionX is a major player in this market.
  • Plunger Lift Systems: Artificial lift system for gas wells that use a plunger to remove water and increase gas production. Market share data not readily available, but ChampionX is a key participant in this market. Competitors include Weatherford International and Schlumberger (SLB).
  • Chemical Technologies: Chemicals used in oil and gas production to inhibit corrosion, scale, and paraffin deposition. Market share not publicly available. Competitors include Baker Hughes (BKR) and Halliburton (HAL).

Market Dynamics

industry overview logo Industry Overview

The oil and gas industry is cyclical and heavily influenced by commodity prices. Demand for production optimization solutions is driven by the need to enhance efficiency and reduce operating costs. The recent growth in the AI technology space and machine learning is also improving optimization in the Oil and Gas industry and providing competitive advantages.

Positioning

ChampionX Corporation is positioned as a provider of solutions that improve production efficiency and reduce operating costs for oil and gas companies. Its integrated approach, combining equipment, chemicals, and services, gives it a competitive advantage.

Total Addressable Market (TAM)

TAM for production chemicals and artificial lift is estimated to be in the range of $20-30 billion. ChampionX is well-positioned to capture a significant portion of this market.

Upturn SWOT Analysis

Strengths

  • Diverse product portfolio
  • Strong customer relationships
  • Global presence
  • Integrated solutions offering

Weaknesses

  • Exposure to commodity price volatility
  • Dependence on oil and gas industry spending
  • Potential for environmental liabilities
  • Integration risks from acquisitions

Opportunities

  • Expansion into new geographic markets
  • Development of new technologies
  • Acquisition of complementary businesses
  • Increased demand for production optimization solutions

Threats

  • Decline in oil and gas prices
  • Increased competition
  • Environmental regulations
  • Technological obsolescence

Competitors and Market Share

competitor logo Key Competitors

  • SLB
  • HAL
  • BKR

Competitive Landscape

ChampionX has advantages in specific product lines and geographical regions, but faces intense competition from larger, more diversified companies. Diversification is key in maintaining a strong position in the sector.

Major Acquisitions

Scientific Aviation, Inc

  • Year: 2024
  • Acquisition Price (USD millions): 156
  • Strategic Rationale: Enhances ChampionX's environmental solutions capabilities, specifically in emissions monitoring and detection.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been tied to the oil and gas cycle.

Future Projections: Future projections are dependent on oil and gas prices and the company's ability to execute its growth strategy.

Recent Initiatives: Recent initiatives often include acquisitions, new product development, and expansion into new markets.

Summary

ChampionX Corporation is a key player in the oil and gas production optimization market, leveraging a diverse product portfolio and integrated solutions. Its performance is highly sensitive to commodity price volatility, requiring strategic adaptation to market conditions. Expanding into new technologies and geographical markets presents significant growth opportunities. Management needs to carefully consider and plan for the impact of environmental regulations and increased competition to ensure long term sustainability.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings, Analyst reports, Industry publications

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About ChampionX Corporation

Exchange NASDAQ
Headquaters The Woodlands, TX, United States
IPO Launch date 2018-04-27
President, CEO & Director Mr. Sivasankaran Somasundaram
Sector Energy
Industry Oil & Gas Equipment & Services
Full time employees 7100
Full time employees 7100

ChampionX Corporation provides chemistry solutions, artificial lift systems, and engineered equipment and technologies to oil and gas companies worldwide. It operates in four segments: Production Chemical Technologies, Production & Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies. The Production Chemical Technologies segment offers onshore, offshore, and oil sands 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 issue. The Production & Automation Technologies segment provides artificial lift equipment, end-to-end digital automation solutions, and other production equipment, electrical submersible pumping systems, gas lift systems, jet pumps, multiplex surface pumps, plunger lift equipment, progressive cavity pumping systems, downhole rod lift systems, methane 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, Windrock, Scientific Aviation, ChampionX Emissions Technologies, Artificial Lift Performance, and RMSpumptools brands. The Drilling Technologies segment offers polycrystalline diamond cutter inserts, bearings, valves, nozzles, and mining tools used in oil and gas drill bits under the US Synthetic brand; 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; and fracturing, drilling, cementing, acidizing additives. The company was founded in 1882 and is headquartered in The Woodlands, Texas.