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ChampionX Corporation

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$25.81
USD
0.79(-2.97%)
At close: Jul 16, 16:00 EDT

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Company Profile

ChampionX Corporation is a global leader specializing in advanced chemistry solutions, engineered equipment, and innovative technologies for the oil and gas industry. The company's operations are divided into several key segments: Production Chemical Technologies: This division supplies a comprehensive range of chemical treatments for both onshore and offshore operations. These solutions, including corrosion and scale inhibitors, emulsion breakers, and biocides, are vital for upstream and midstream oil and gas sectors. They effectively address critical challenges like managing corrosion, optimizing oil and water separation, ensuring consistent flow, treating sour gas, and resolving various water-related operational concerns. Production & Automation Technologies: This unit focuses on delivering advanced artificial lift systems, integrated automation, and digital solutions. Its extensive product portfolio encompasses a variety of production equipment, such as electrical submersible pumps, gas lift and jet pump systems, multiplex surface pumps, plunger lift equipment, progressive cavity pumps, and downhole rod lift systems. Additionally, this segment offers emissions monitoring tools, chemical injection systems, flow control valves, and precision gauges. These offerings are marketed under well-known brands including Harbison-Fischer, Norris, Alberta Oil Tool, Oil Lift Technology, PCS Ferguson, Pro-Rod, Upco, Unbridled ESP, Norriseal-Wellmark, Quartzdyne, Spirit, Theta, Timberline, and Windrock. Drilling Technologies: This division provides high-performance components and specialized tools, primarily under the US Synthetic brand. This includes polycrystalline diamond cutter inserts, bearings, and valves, which are crucial for oil and gas drill bits, renewable energy applications, mixers, and agitators. Furthermore, the division supplies high-density ceramic roof bolt mining tools specifically designed for subterranean mining operations. Reservoir Chemical Technologies: This segment focuses on delivering specialized chemical solutions and advanced technologies to optimize various well interventions. These encompass services for drilling, cementing, hydraulic fracturing, acidizing, and other wellbore treatments. Key product offerings include comprehensive fracturing fluid packages, an array of drilling and cement additives, and proprietary products for acidizing operations. The company's corporate headquarters is located in The Woodlands, Texas.

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ChampionX Faces Legal Challenges Ahead

ChampionX Faces Legal Challenges Ahead

ChampionX Corporation ( CHX ) is currently navigating a turbulent landscape marked by a significant class-action lawsuit that could impact both its corporate reputation and stock value. This article d…

Cashu Markets·5h ago
CEOSivasankaran Somasundaram
SectorEnergy
IndustryOil & Gas Equipment & Services
Employees7.1K
IPO DateApr 27, 2018
ExchangeNASDAQ
Exchange NameNASDAQ Global Select
CurrencyUSD
Headquarters & Contact
AddressBuilding 4
City / State / ZIPThe Woodlands, TX, 77381
CountryUnited States
Phone281 403 5772
Websitehttps://www.championx.com