Kurt Kirchof - ChampionX Senior Integration

CHX Stock  USD 33.20  0.37  1.10%   

Executive

Kurt Kirchof is Senior Integration of ChampionX
Address Building 4, The Woodlands, TX, United States, 77381
Phone281 403 5772
Webhttps://www.championx.com

ChampionX Management Efficiency

The company has Return on Asset of 0.0967 % which means that on every $100 spent on assets, it made $0.0967 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2191 %, implying that it generated $0.2191 on every 100 dollars invested. ChampionX's management efficiency ratios could be used to measure how well ChampionX manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.14 in 2024. Return On Capital Employed is likely to rise to 0.22 in 2024. At this time, ChampionX's Non Current Assets Total are fairly stable compared to the past year. Intangible Assets is likely to rise to about 276.9 M in 2024, whereas Total Assets are likely to drop slightly above 2.8 B in 2024.
The company has 665.75 M in debt with debt to equity (D/E) ratio of 0.43, which is OK given its current industry classification. ChampionX has a current ratio of 1.81, which is typical for the industry and considered as normal. Debt can assist ChampionX until it has trouble settling it off, either with new capital or with free cash flow. So, ChampionX's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ChampionX sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ChampionX to invest in growth at high rates of return. When we think about ChampionX's use of debt, we should always consider it together with cash and equity.

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ChampionX Corporation provides chemistry solutions, and engineered equipment and technologies to oil and gas companies worldwide. ChampionX Corporation is headquartered in The Woodlands, Texas. Championx Corp operates under Oil Gas Equipment Services classification in the United States and is traded on NASDAQ Exchange. It employs 7000 people. ChampionX (CHX) is traded on NASDAQ Exchange in USA. It is located in Building 4, The Woodlands, TX, United States, 77381 and employs 7,100 people. ChampionX is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

ChampionX Leadership Team

Elected by the shareholders, the ChampionX's board of directors comprises two types of representatives: ChampionX inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ChampionX. The board's role is to monitor ChampionX's management team and ensure that shareholders' interests are well served. ChampionX's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ChampionX's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gary Luquette, Independent Director
Stephen Todd, Independent Director
Mamatha Chamarthi, Independent Director
Mark Eley, Chemical Technology
Robert Galloway, President - Drilling Technologies
William ODell, President Performance
Heidi Alderman, Director
Antoine Marcos, Chief Accounting Officer, Vice President Corporate Controller
Stuart Porter, Director
Daniel Rabun, Independent Chairman of the Board
Jay Nutt, Chief Financial Officer, Senior Vice President
Syed Raza, Senior Vice President Chief Digital Officer
Sivasankaran Somasundaram, President, Chief Executive Officer, Director
Jordan Zweig, Senior Officer
Amy Broussard, Chief Human Resource Officer, Senior Vice President
Kenneth Fisher, Independent Director
Alina Parast, Senior Officer
Byron CFA, Vice Relations
Deric Bryant, Chief Operating Officer, Senior Vice President
Paul Mahoney, President - Production and Automation Technologies
Stephen Wagner, Independent Director
Kurt Kirchof, Senior Integration
Julia Wright, Senior Vice President General Counsel, Secretary
Saurabh Nitin, Senior Technologies

ChampionX Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ChampionX a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with ChampionX

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ChampionX position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ChampionX will appreciate offsetting losses from the drop in the long position's value.

Moving together with ChampionX Stock

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Moving against ChampionX Stock

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The ability to find closely correlated positions to ChampionX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ChampionX when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ChampionX - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ChampionX to buy it.
The correlation of ChampionX is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ChampionX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ChampionX moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ChampionX can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ChampionX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ChampionX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Championx Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Championx Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ChampionX. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide.
Note that the ChampionX information on this page should be used as a complementary analysis to other ChampionX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for ChampionX Stock analysis

When running ChampionX's price analysis, check to measure ChampionX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ChampionX is operating at the current time. Most of ChampionX's value examination focuses on studying past and present price action to predict the probability of ChampionX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChampionX's price. Additionally, you may evaluate how the addition of ChampionX to your portfolios can decrease your overall portfolio volatility.
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Is ChampionX's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ChampionX. If investors know ChampionX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ChampionX listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.871
Dividend Share
0.35
Earnings Share
1.84
Revenue Per Share
19.216
Quarterly Revenue Growth
(0.03)
The market value of ChampionX is measured differently than its book value, which is the value of ChampionX that is recorded on the company's balance sheet. Investors also form their own opinion of ChampionX's value that differs from its market value or its book value, called intrinsic value, which is ChampionX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ChampionX's market value can be influenced by many factors that don't directly affect ChampionX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ChampionX's value and its price as these two are different measures arrived at by different means. Investors typically determine if ChampionX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ChampionX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.