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Upturn AI SWOT - About
ChampionX Corporation (CHX)
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Upturn Advisory Summary
04/01/2025: CHX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -25.8% | Avg. Invested days 33 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.70B USD | Price to earnings Ratio 18.06 | 1Y Target Price 42.6 |
Price to earnings Ratio 18.06 | 1Y Target Price 42.6 | ||
Volume (30-day avg) 4457326 | Beta 2.29 | 52 Weeks Range 25.48 - 39.58 | Updated Date 04/1/2025 |
52 Weeks Range 25.48 - 39.58 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 1.27% | Basic EPS (TTM) 1.65 |
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 8.81% | Operating Margin (TTM) 15.56% |
Management Effectiveness
Return on Assets (TTM) 9.63% | Return on Equity (TTM) 18.74% |
Valuation
Trailing PE 18.06 | Forward PE 17.04 | Enterprise Value 5875857000 | Price to Sales(TTM) 1.57 |
Enterprise Value 5875857000 | Price to Sales(TTM) 1.57 | ||
Enterprise Value to Revenue 1.62 | Enterprise Value to EBITDA 7.89 | Shares Outstanding 190800000 | Shares Floating 188561916 |
Shares Outstanding 190800000 | Shares Floating 188561916 | ||
Percent Insiders 1.14 | Percent Institutions 93.65 |
Analyst Ratings
Rating 4.71 | Target Price 41.57 | Buy 2 | Strong Buy 5 |
Buy 2 | Strong Buy 5 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
ChampionX Corporation
Company Overview
History and Background
ChampionX Corporation (formerly Apergy) was formed in 2018 through the merger of Ecolab's upstream energy business with Apergy Corporation. It provides engineered equipment and technologies to oil and gas companies to enhance production, protect assets, and lower operating costs. Apergy was originally a spin-off of Dover Corporation's well completion segment
Core Business Areas
- Production & Automation Technologies: Offers artificial lift equipment, including rod lift, plunger lift, gas lift, and automation systems, along with downhole monitoring solutions.
- Chemistry Technologies: Provides chemical solutions for oil and gas production, including corrosion inhibitors, scale inhibitors, and biocides.
- Drilling Technologies: Provides PDC Drill Bits
Leadership and Structure
Sivasankaran 'Siva' Somasundaram is the President and CEO. The company operates with a functional organizational structure across its business segments. The leadership team comprises executives heading each segment and key corporate functions.
Top Products and Market Share
Key Offerings
- Rod Lift Systems: Provides artificial lift solutions. Market share data is proprietary, but ChampionX is a major player. Competitors include Weatherford International, Schlumberger, and Baker Hughes. Rod lift systems have a significant install base across shale production facilities.
- Production Chemicals: Offers a variety of chemicals for oil and gas production, including corrosion inhibitors and scale inhibitors. Market share data is proprietary. Competitors include Halliburton, Schlumberger, and Baker Hughes. High growth area, especially for offshore and enhanced oil recovery.
- PDC Drill Bits: Offers a variety of drill bits for the oil and gas industry. Competitors are mostly the same as above and include many smaller competitors.
Market Dynamics
Industry Overview
The oil and gas industry is cyclical and influenced by global energy demand, commodity prices, and geopolitical events. The industry focuses on production enhancement, cost optimization, and emissions reduction.
Positioning
ChampionX is a key player in the production enhancement segment, offering both equipment and chemical solutions. Their competitive advantage lies in a comprehensive product portfolio and strong customer relationships.
Total Addressable Market (TAM)
The TAM for oilfield chemicals and artificial lift is substantial, estimated at tens of billions of dollars annually. ChampionX is well-positioned to capture a significant share of this market through its diversified offerings and global presence.
Upturn SWOT Analysis
Strengths
- Diversified product portfolio
- Strong customer relationships
- Global presence
- Experienced management team
- Integrated solutions offering
Weaknesses
- Exposure to cyclical oil and gas industry
- Dependence on capital spending by oil and gas companies
- Potential environmental liabilities
- Integration risks from acquisitions
Opportunities
- Growing demand for artificial lift in mature fields
- Increasing adoption of digital oilfield technologies
- Expansion into new geographic markets
- Acquisitions of complementary businesses
- Investment in R&D for innovative solutions
Threats
- Fluctuations in oil and gas prices
- Intense competition
- Regulatory changes related to environmental protection
- Technological disruptions
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- SLB
- HAL
- BKR
Competitive Landscape
ChampionX competes with larger, more diversified oilfield service companies. Its strengths include specialized expertise and a comprehensive product portfolio, but it faces challenges in competing on price and scale.
Major Acquisitions
Scientific Aviation, Inc.
- Year: 2021
- Acquisition Price (USD millions): 146
- Strategic Rationale: Acquisition of Scientific Aviation helped enhance digital monitoring of their Oil & Gas assets, as well as provide better support and quicker responses to customer needs
Growth Trajectory and Initiatives
Historical Growth: ChampionX's historical growth has been driven by acquisitions and organic growth in its core business segments.
Future Projections: Future growth is projected to be driven by increased oil and gas production, adoption of digital oilfield technologies, and expansion into new markets. Analyst estimates should be consulted for specific projections.
Recent Initiatives: Recent initiatives may include acquisitions, product launches, and strategic partnerships.
Summary
ChampionX is a key player in oilfield equipment and chemical solutions, leveraging strong customer relationships and a diversified portfolio. The company's performance is tied to the cyclical oil and gas industry, necessitating careful cost management and strategic growth. Focus on technology and expanding into new markets will be essential. Intense competition and volatile commodity prices remain challenges to monitor closely.
Similar Companies
- SLB
- HAL
- BKR
- NOV
Sources and Disclaimers
Data Sources:
- Company reports and filings
- Industry analysis reports
- Financial news sources
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Financial data and market share information are estimates based on available information and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.championx.com |
Full time employees 7100 | Website https://www.championx.com | ||
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.
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