Press Releases

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
May 28, 2020
Apergy Shareholders Approve Merger with ChampionX
THE WOODLANDS, Texas , May 28, 2020 (GLOBE NEWSWIRE) -- Apergy Corporation (“Apergy”) (NYSE: APY) today announced its shareholders voted at the Special Meeting of Shareholders to approve the issuance of shares of Apergy common stock in connection with the pending combination of the ChampionX
May 14, 2020
Apergy to Host Fireside Chat Conference Call
THE WOODLANDS, Texas , May 14, 2020 (GLOBE NEWSWIRE) -- Apergy Corporation (“Apergy”) (NYSE: APY) announced today that Soma Somasundaram , President and Chief Executive Officer, will host a fireside chat conference call facilitated by James West of Evercore on Monday, May 18, 2020 at 10:00 a.m.
April 27, 2020
Apergy Reports First Quarter 2020 Results
  Revenue of $261.4 million in Q1-20, up 6% sequentially GAAP net loss attributable to Apergy of $659.5 million in Q1-20, which includes a non-cash pre-tax charge of $682.8 million related to the impairment of goodwill and long-lived assets Adjusted EBITDA of $53.3 million in Q1-20, a sequential
March 30, 2020
Apergy Announces Business and Merger Update Conference Call
THE WOODLANDS, Texas , March 30, 2020 (GLOBE NEWSWIRE) -- Apergy Corporation (“Apergy”) (NYSE: APY) announced today that Soma Somasundaram , President and Chief Executive Officer, will host a business update call facilitated by David Anderson of Barclays on Tuesday, March 31, 2020 at 10:00 a.m.
March 23, 2020
Apergy Provides Business Update
Implementing immediate downturn contingency plans expected to result in approximately $65 million of annual cost savings to preserve margins and cash flow Capital expenditures in 2020 to be reduced by approximately 65% from 2019 Available liquidity of over $270 million Continuing to monitor market
February 28, 2020
Apergy to Present at the Credit Suisse Energy Summit
THE WOODLANDS, Texas , Feb. 28, 2020 (GLOBE NEWSWIRE) -- Apergy Corporation (“Apergy”) (NYSE: APY), announced today that Sivasankaran "Soma" Somasundaram , President and Chief Executive Officer, will attend and meet with investors at the 25 th Annual Credit Suisse Energy Summit in Vail, Colorado on
February 24, 2020
Apergy Reports Full Year and Fourth Quarter 2019 Results
Full year 2019 net income of $52.2 million and adjusted EBITDA of $251.2 million Full year 2019 cash from operating activities of $155.9 million and free cash flow of $116.1 million Revenue of $247.7 million in Q4-19; net loss attributable to Apergy of $1.8 million , and adjusted net income of
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