ChampionX Corporation (CHX)

ChampionX Corporation (CHX) is a global oilfield technology company headquartered in the United States, operating in over 38 countries. The company focuses on oil and gas production optimization, offering solutions in production chemical technologies, artificial lift systems, digital automation, drilling technologies, and reservoir chemical technologies. Its main commodities are oil and natural gas, with additional activities in specialty chemicals and advanced materials for drilling and mining. Key projects and business lines include the Production Chemical Technologies segment (oil and gas production and midstream solutions), Production & Automation Technologies (artificial lift equipment, digital automation, and emissions monitoring), Drilling Technologies (polycrystalline diamond cutters and bearings), and Reservoir Chemical Technologies (well stimulation and remediation chemicals). Recent acquisitions include RMSpumptools Limited (UK, artificial lift solutions), Artificial Lift Performance Limited (UK, analytics for oil and gas production), and OTS Consulting Services LLP (India, digital transformation). ChampionX is listed on NASDAQ under the symbol CHX. The company is in the process of merging with SLB (Schlumberger), after which it will become an indirect wholly owned subsidiary of SLB, with shareholders receiving SLB shares.