Plutux
$25.81
-2.97%
2026-07-02 09:30:00 EDT+$0.00
Energy
Oil & Gas Equipment & Services
NASDAQ
Inactive

ChampionX Corporation is a global leader specializing in advanced chemistry solutions, engineered equipment, and innovative technologies for the oil and gas industry. ...

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$25.81
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ChampionX Corporation (CHX) is headquartered in The Woodlands, Texas and operates as an oil and gas technology provider focused on solving production and well-construction challenges with chemistry programs, engineered equipment, and automation technologies. The company’s business is organized around major solution areas: (1) Production Chemical Technologies, which provides chemical treatments ...ChampionX Corporation (CHX) is headquartered in The Woodlands, Texas and operates as an oil and gas technology provider focused on solving production and well-construction challenges with chemistry programs, engineered equipment, and automation technologies. The company’s business is organized around major solution areas: (1) Production Chemical Technologies, which provides chemical treatments used in onshore and offshore operations such as corrosion and scale inhibitors, emulsion breakers, and biocides; these solutions help operators manage corrosion, optimize oil/water separation, maintain flow assurance, and address water-related operational issues, including sour gas treatment and related well and facility needs. (2) Production & Automation Technologies, which centers on engineered production systems and digital/automation capabilities. This includes artificial lift and downhole/production equipment such as electrical submersible pumps (ESP), gas lift and jet pump systems, multiplex surface pumps, progressive cavity pumps, and downhole rod lift systems, along with emissions monitoring, chemical injection systems, flow control valves, and precision gauges. (3) Drilling Technologies, which supplies high-performance components and specialized tools (notably including US Synthetic-branded items such as polycrystalline diamond cutter inserts, bearings, and valves) used for drilling bits and related applications, and also high-density ceramic roof bolt mining tools. (4) Reservoir Chemical Technologies, which delivers specialized chemical solutions and technologies for well interventions—covering services and products related to fracturing, cementing, drilling, and acidizing—such as fracturing fluid packages, drilling and cement additives, and proprietary acidizing products. From a business and operational standpoint, ChampionX serves oil and gas operators that require reliable chemical performance, compatible engineered equipment, and integrated control/monitoring. The “cost/BOM” nature of its offerings is typically a combination of (a) formulation-driven chemistry (additives, inhibitors, breakers, biocides, and proprietary chemical systems), (b) engineered hardware components (pumps, valves, downhole tools, and instrumentation), and (c) service and technology delivery (design/support for programs, integration of injection/controls, and application-specific treatment planning). Profitability is often tied to product performance, supply chain execution for engineered components, contract or program economics for chemical treatments, and the ability to provide solutions that reduce downtime, mitigate failures (e.g., corrosion/scale), and improve production efficiency. Financially, the supplied FMP snapshot indicates a market capitalization around $4.94B and an enterprise value around $5.13B, with profitability and margins showing net profit margin around 8.8% and EBITDA margin around 20.5% (TTM). The balance sheet indicators provided show liquidity measures such as a current ratio near 1.99, and capital structure measures reflecting manageable leverage (e.g., net debt/EBITDA around 0.253 from the snapshot). The company also shows positive return on assets/returns on equity on a TTM basis (ROA about 9.2% and ROE about 18.2%), reflecting the degree to which its mix of engineered equipment and chemical/service programs generates operating cash flows. Key leadership is provided by CEO Sivasankaran “Soma” Somasundaram (President and CEO). In terms of “wishes” or strategic direction implied by its positioning, ChampionX emphasizes innovation—especially integrated production and automation solutions and advanced chemistry programs that improve well performance and operational sustainability. Finally, the legacy context matters: ChampionX was created through corporate consolidation and reorganization (including the Apergy/Ecolab chemical technologies legacy) and later became part of SLB, marking a “next chapter” while retaining its technology-driven oilfield focus.
Founded
1928
Employees
7100
CEO
Sivasankaran Somasundaram
Full Name
ChampionX Corporation
Sector
Energy
Industry
Oil & Gas Equipment & Services
ROE
18.18%
Market Cap
$4.94B
Current Ratio
1.99
ROIC
13.17%

Contact Information

281 403 5772
Building 4, The Woodlands, TX 77381

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