ChampionX (CHX) Expected to Announce Quarterly Earnings on Wednesday

ChampionX (NASDAQ:CHX) will likely be announcing its earnings results before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.41 per share and revenue of $900.59 million for the quarter.

ChampionX (NASDAQ:CHX) last announced its earnings results on Tuesday, February 4th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.03. ChampionX had a return on equity of 19.84% and a net margin of 8.81%.

ChampionX Price Performance

Shares of CHX opened at $25.41 on Monday. The stock’s fifty day moving average is $28.07 and its 200-day moving average is $28.93. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.36 and a current ratio of 1.99. The firm has a market capitalization of $4.85 billion, a price-to-earnings ratio of 15.40 and a beta of 1.81. ChampionX has a one year low of $21.92 and a one year high of $35.94.

ChampionX Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 4th will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, April 4th. This represents a $0.38 annualized dividend and a yield of 1.50%. ChampionX’s payout ratio is presently 23.03%.

ChampionX Company Profile

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.