ChampionX Corporation with ticker code (CHX) now have 9 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between 40 and 32 calculating the average target price we see $35.56. Now with the previous closing price of $27.38 this would indicate that there is a potential upside of 29.9%. It’s also worth noting that there is a 50 day moving average of $26.91 and the 200 day MA is $27.02. The market cap for the company is 5.35B. The current share price for the company is: 27.03 USD
The potential market cap would be $6,949,963,184 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 31.07, revenue per share of 19.39 and a 7.85% return on assets.
ChampionX Corporation is engaged in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and produce oil and gas. It operates through four segments: Production Chemical Technologies, Production & Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies. Production Chemical Technologies segment offers products and services that cover a range of onshore, offshore, and oil sands chemical solutions in production and midstream operations. Production & Automation Technologies segment offers products, technologies, and services that facilitate the extraction of oil and gas through artificial lift and digital automation applications. Drilling Technologies segment offers polycrystalline diamond cutter (PDC) inserts, bearings, valves, and mining tools. Reservoir Chemical Technologies segment offers chemistry-oriented solutions and technologies for well drilling, cementing, fracturing, and others.
