How does CHX's PE Ratio compare to its peers?

CHX is expensive based on its Price-To-Earnings Ratio (18.6x) compared to the peer average (17.5x).

How does CHX's PE Ratio compare vs other companies in the US Energy Services Industry?

CHX is expensive based on its Price-To-Earnings Ratio (18.6x) compared to the US Energy Services industry average (16.6x).

What is CHX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CHX is expensive based on its Price-To-Earnings Ratio (18.6x) compared to the estimated Fair Price-To-Earnings Ratio (12.2x).

What is the Fair Price of CHX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

CHX ($30.7) is trading below our estimate of [[fair value]] ($57.7)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

ChampionX (Nasdaq:CHX) - Stock Price, News & Analysis

CHX Stock Overview

Provides chemistry solutions, artificial lift systems, and engineered equipment and technologies to oil and gas companies worldwide. More details

CHX fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	3/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 46.8% below our estimate of its fair value

Earnings are forecast to grow 10.14% per year

Earnings have grown 60.7% per year over the past 5 years

Analysts in good agreement that stock price will rise by 37.6%

Risk Analysis

No risks detected for CHX from our risk checks.

ChampionX Corporation Competitors

Weatherford International

NasdaqGS:WFRD

US$6.0b

NOV

NYSE:NOV

US$6.2b

Archrock

NYSE:AROC

US$4.3b

Cactus

NYSE:WHD

US$5.2b

Price History & Performance

Summary of all time highs, changes and price drops for ChampionX
Historical stock prices
Current Share Price	US$30.70
52 Week High	US$39.95
52 Week Low	US$25.46
Beta	2.39
11 Month Change	2.74%
3 Month Change	-1.60%
1 Year Change	4.39%
33 Year Change	38.85%
5 Year Change	16.20%
Change since IPO	-24.96%

ChampionX Acquisition By Schlumberger Still Moving Along

Nov 04

Recent updates

ChampionX Acquisition By Schlumberger Still Moving Along

Nov 04

ChampionX's (NASDAQ:CHX) Dividend Will Be Increased To $0.095

Apr 03

An Intrinsic Calculation For ChampionX Corporation (NASDAQ:CHX) Suggests It's 28% Undervalued

Mar 30

ChampionX Corporation's (NASDAQ:CHX) P/E Is Still On The Mark Following 47% Share Price Bounce

Nov 01

ChampionX Corporation: Shareholder Return Is The Strategic Focus

Sep 07

Shareholder Returns

	CHX	US Energy Services	US Market
7D	-1.1%	-2.2%	-1.2%
1Y	4.4%	-4.6%	30.4%

Return vs Industry: CHX exceeded the US Energy Services industry which returned -4.6% over the past year.

Return vs Market: CHX underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is CHX's price volatile compared to industry and market?
CHX volatility
CHX Average Weekly Movement	4.6%
Energy Services Industry Average Movement	6.5%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	3.1%

Stable Share Price: CHX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CHX's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1882	7,100	Soma Somasundaram	www.championx.com

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.

ChampionX Corporation Fundamentals Summary

How do ChampionX's earnings and revenue compare to its market cap?
CHX fundamental statistics
Market cap	US$5.82b
Earnings (TTM)	US$314.70m
Revenue (TTM)	US$3.67b

18.6x

P/E Ratio

1.6x

P/S Ratio

Is CHX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CHX income statement (TTM)
Revenue	US$3.67b
Cost of Revenue	US$2.50b
Gross Profit	US$1.16b
Other Expenses	US$849.53m
Earnings	US$314.70m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.65
Gross Margin	31.76%
Net Profit Margin	8.59%
Debt/Equity Ratio	33.3%

How did CHX perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

22%

Payout Ratio

Does CHX pay a reliable dividends?

See CHX dividend history and benchmarks

When do you need to buy CHX by to receive an upcoming dividend?
ChampionX dividend dates
Ex Dividend Date	Jan 03 2025
Dividend Pay Date	Jan 31 2025
Days until Ex dividend	43 days
Days until Dividend pay date	71 days

Does CHX pay a reliable dividends?

See CHX dividend history and benchmarks

CHX Stock Overview

Rewards

Risk Analysis

ChampionX Corporation Competitors

NasdaqGS:WFRD

US$6.0b

NYSE:NOV

US$6.2b

NYSE:AROC

US$4.3b

NYSE:WHD

US$5.2b

Price History & Performance

Recent News & Updates

Third quarter dividend of US$0.095 announced

ChampionX Declares Quarterly Dividend, Payable on January 31, 2025

Key Executive notifies of intention to sell stock

ChampionX Acquisition By Schlumberger Still Moving Along

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.095 per share

Recent updates

Third quarter dividend of US$0.095 announced

ChampionX Declares Quarterly Dividend, Payable on January 31, 2025

Key Executive notifies of intention to sell stock

ChampionX Acquisition By Schlumberger Still Moving Along

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.095 per share

Consensus EPS estimates fall by 11%

Consensus EPS estimates fall by 11%

Second quarter dividend of US$0.095 announced

ChampionX Corporation Declares a Regular Quarterly Dividend, Payable on October 25, 2024

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

First quarter dividend of US$0.095 announced

ChampionX Corporation Declares Quarterly Dividend, Payable on July 26, 2024

Consensus EPS estimates fall by 10%

Consensus EPS estimates increase by 16%

First quarter 2024 earnings: EPS exceeds analyst expectations

Now 21% undervalued

ChampionX Corporation to Report Q1, 2024 Results on Apr 24, 2024

Schlumberger Limited (NYSE:SLB) entered into a definitive agreement to acquire ChampionX Corporation (NasdaqGS:CHX) for $7.9 billion.

Price target increased by 9.5% to US$40.11

Schlumberger Limited (NYSE:SLB) entered into a definitive agreement to acquire ChampionX Corporation (NasdaqGS:CHX) for $7.9 billion.

ChampionX's (NASDAQ:CHX) Dividend Will Be Increased To $0.095

Schlumberger Limited (NYSE:SLB) entered into a definitive agreement to acquire ChampionX Corporation (NasdaqGS:CHX) for $7.8 billion.

An Intrinsic Calculation For ChampionX Corporation (NASDAQ:CHX) Suggests It's 28% Undervalued

Upcoming dividend of US$0.095 per share

Is ChampionX (NASDAQ:CHX) Using Too Much Debt?

ChampionX Corporation: A Rise In Demand Will Keep It Balanced

With EPS Growth And More, ChampionX (NASDAQ:CHX) Makes An Interesting Case

ChampionX Corporation (NasdaqGS:CHX) acquired Artificial Lift Performance Limited.

Consensus EPS estimates fall by 14%

ChampionX's (NASDAQ:CHX) Upcoming Dividend Will Be Larger Than Last Year's

Consensus EPS estimates increase by 13%

Fourth quarter dividend of US$0.095 announced

Full year 2023 earnings: EPS misses analyst expectations

ChampionX Corporation Provides Consolidated Earnings Guidance for the First Quarter of 2024

ChampionX Corporation's (NASDAQ:CHX) Subdued P/E Might Signal An Opportunity

The Trend Of High Returns At ChampionX (NASDAQ:CHX) Has Us Very Interested

Upcoming dividend of US$0.085 per share at 1.1% yield

Are Investors Undervaluing ChampionX Corporation (NASDAQ:CHX) By 31%?

ChampionX Corporation Declares a Regular Quarterly Dividend, Payable on January 26, 2024

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Is Now The Time To Put ChampionX (NASDAQ:CHX) On Your Watchlist?

Now 20% undervalued after recent price drop

ChampionX Corporation to Report Q3, 2023 Results on Oct 24, 2023

Upcoming dividend of US$0.085 per share at 0.9% yield

Calculating The Fair Value Of ChampionX Corporation (NASDAQ:CHX)

ChampionX's (NASDAQ:CHX) Returns On Capital Are Heading Higher

Key Executive notifies of intention to sell stock

Key Executive notifies of intention to sell stock

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Championx Corporation Provides Consolidated Earnings Guidance for the Third Quarter of 2023

President notifies of intention to sell stock

ChampionX Corporation to Report Q2, 2023 Results on Jul 24, 2023

Upcoming dividend of US$0.085 per share at 1.2% yield

Do ChampionX's (NASDAQ:CHX) Earnings Warrant Your Attention?

Calculating The Intrinsic Value Of ChampionX Corporation (NASDAQ:CHX)

Now 20% undervalued after recent price drop

ChampionX (NASDAQ:CHX) Shareholders Will Want The ROCE Trajectory To Continue

Now 21% undervalued after recent price drop