ChampionX (NASDAQ:CHX - Get Free Report) is expected to post its quarterly earnings results before the market opens on Wednesday, April 23rd. Analysts expect ChampionX to post earnings of $0.41 per share and revenue of $900.59 million for the quarter.
ChampionX (NASDAQ:CHX - Get Free Report) last released its quarterly 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 Stock Up 2.9 %
Shares of ChampionX stock traded up $0.72 during midday trading on Friday, hitting $25.41. The company had a trading volume of 3,021,430 shares, compared to its average volume of 2,526,659. The company has a 50 day moving average of $28.07 and a 200 day moving average of $28.93. The stock has a market capitalization of $4.85 billion, a P/E ratio of 15.40 and a beta of 1.81. ChampionX has a 52-week low of $21.92 and a 52-week high of $35.94. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.36 and a current ratio of 1.99.
ChampionX Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 4th will be given a $0.095 dividend. 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 dividend payout ratio (DPR) is presently 23.03%.
ChampionX Company Profile
(
Get Free Report)
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.
Further Reading
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