CHX:NSD-ChampionX Corporation (USD)

COMMON STOCK | Oil & Gas Equipment & Services |

Last Closing

USD 32.47

Change

+0.42 (+1.31)%

Market Cap

USD 5.91B

Volume

2.88M

Analyst Target

USD 14.36
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

ChampionX Corporation provides chemistry solutions, artificial lift systems, 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, 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 issues. The Production & Automation Technologies segment provides artificial lift equipment, end-to-end digital automation solutions, and other production equipment and emissions monitoring solutions, including 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, and Windrock 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, as well as fracturing, drilling, cementing, acidizing additives. The company was founded in 1882 and is headquartered in The Woodlands, Texas.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-10-04 )

Largest Industry Peers for Oil & Gas Equipment & Services

Symbol Name Price(Change) Market Cap
SLB Schlumberger NV

+0.57 (+1.27%)

USD 63.74B
WHD Cactus Inc

+1.18 (+1.87%)

USD 3.92B
VAL Valaris Ltd

+0.19 (+0.34%)

USD 3.91B
TDW Tidewater Inc

-0.75 (-1.04%)

USD 3.78B
AROC Archrock Inc

+0.66 (+3.12%)

USD 3.72B
AESI Atlas Energy Solutions Inc.

+0.27 (+1.20%)

USD 3.41B
LBRT Liberty Oilfield Services Inc

+0.01 (+0.05%)

USD 3.14B
USAC USA Compression Partners LP

-0.03 (-0.13%)

USD 2.64B
OII Oceaneering International Inc

+0.36 (+1.38%)

USD 2.44B
XPRO Expro Group Holdings NV

+0.10 (+0.56%)

USD 2.00B

ETFs Containing CHX

V0IH:XETRA VanEck Oil Services ETF A.. 6.02 % 0.00 %

+0.48 (+1.43%)

USD 0.02B
OIH:SW VanEck Oil Services ETF A.. 6.02 % 0.00 %

+0.48 (+1.43%)

USD 0.02B
OIH VanEck Oil Services ETF 5.11 % 0.35 %

+3.44 (+1.43%)

USD 1.42B
EVNT AltShares Event-Driven ET.. 3.62 % 0.00 %

+0.03 (+1.43%)

USD 4.86M
SCDS JPMorgan Fundamental Data.. 1.20 % 0.00 %

+0.77 (+1.43%)

N/A
IEZ iShares U.S. Oil Equipmen.. 0.00 % 0.42 %

+0.27 (+1.43%)

N/A
XES SPDR® S&P Oil & Gas Equi.. 0.00 % 0.35 %

+1.21 (+1.43%)

N/A
ZJO:CA 0.00 % 0.60 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Equipment & Services) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 11.16% 54% F 59% D-
Dividend Return 1.27% 35% F 26% F
Total Return 12.43% 59% D- 55% F
Trailing 12 Months  
Capital Gain -2.43% 49% F 15% F
Dividend Return 1.11% 21% F 13% F
Total Return -1.32% 46% F 15% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 30.63% N/A N/A 84% B
Dividend Return 31.08% N/A N/A 84% B
Total Return 0.45% N/A N/A 12% F
Risk Return Profile  
Volatility (Standard Deviation) 52.72% N/A N/A 34% F
Risk Adjusted Return 58.95% N/A N/A 83% B
Market Capitalization 5.91B 96% N/A 79% B-

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.