ChampionX (NASDAQ:CHX - Get Free Report) released its earnings results on Tuesday. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.09, Zacks reports. ChampionX had a net margin of 8.81% and a return on equity of 19.84%.
ChampionX Stock Performance
Shares of CHX stock traded down $0.06 during trading hours on Tuesday, reaching $24.67. 4,501,313 shares of the company's stock were exchanged, compared to its average volume of 2,563,849. ChampionX has a 1 year low of $21.92 and a 1 year high of $35.94. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.99 and a quick ratio of 1.36. The company's 50 day moving average is $27.50 and its two-hundred day moving average is $28.63. The company has a market cap of $4.71 billion, a P/E ratio of 14.95 and a beta of 1.81.
ChampionX Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 4th were given a $0.095 dividend. The ex-dividend date was Friday, April 4th. This represents a $0.38 annualized dividend and a yield of 1.54%. ChampionX's dividend payout ratio (DPR) is 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.
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