Press Releases

November 30, 2020
ChampionX Corporation Announces Tender Offer for 6.375% Senior Notes due 2026
THE WOODLANDS, Texas, Nov. 30, 2020 (GLOBE NEWSWIRE) -- ChampionX Corporation (NYSE: CHX) (the “Company” or “ChampionX”) announced today the commencement of a cash tender offer (the “Tender Offer”) to purchase its 6.375% Senior Notes due 2026 (the “Notes”) in a principal amount of up to
November 16, 2020
ChampionX and Modumetal Inc. Announce Exclusive Collaboration Agreement
THE WOODLANDS, Texas, Nov. 16, 2020 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX”) (NYSE: CHX) announced today an exclusive collaboration agreement with Modumetal Inc. The agreement is intended to drive production-related technology developments by combining Modumetal’s advanced materials
October 28, 2020
ChampionX Reports Third Quarter 2020 Results
Revenue of $633.5 million Net loss attributable to ChampionX of $7.9 million ; adjusted net income of $5.5 million Adjusted EBITDA of $86.8 million Cash from operating activities of $111.4 million and free cash flow of $98.6 million (16% of revenue); free cash flow of $132.0 million excluding $33.4
September 3, 2020
ChampionX to Present at the Barclays CEO Energy-Power Virtual Conference
THE WOODLANDS, Texas , Sept. 03, 2020 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX”) (NYSE: CHX), announced today that Sivasankaran "Soma" Somasundaram , President and Chief Executive Officer, and Jay Nutt , Senior Vice President and Chief Financial Officer, will attend and meet with
August 24, 2020
Byron Pope named Vice President of ESG & Investor Relations for ChampionX
THE WOODLANDS, Texas , Aug. 24, 2020 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX”) (NYSE: CHX) announced today that Byron Pope has been appointed to the newly created role of Vice President – ESG & Investor Relations, effective immediately. In this new role, Byron will lead company-wide
August 5, 2020
ChampionX Reports Second Quarter 2020 Results
Revenue of $298.9 million in Q2-20 Net loss attributable to ChampionX of $109.6 million in Q2-20 Adjusted EBITDA of $34.5 million in Q2-20 Cash from operating activities of $48.8 million and free cash flow of $37.0 million , or 12% of revenue in Q2-20; free cash flow of $72.0 million excluding
June 3, 2020
Apergy and ChampionX Complete Merger to Create the New ChampionX
Creates a Global Leader in Production-Optimization Solutions Newly combined company now named “ChampionX Corporation”; ticker symbol “CHX” Integration expected to deliver $75 million in cost synergies plus additional revenue growth opportunities Transaction immediately deleverages the combined
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