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Recommendations
ChampionX price target raised to $35 from $29 at Barclays » 06:36
11/01/21
11/01
06:36
11/01/21
06:36
CHX

ChampionX

$26.24 /

+0.18 (+0.69%)

Barclays analyst J. David…

Barclays analyst J. David Anderson raised the firm's price target on ChampionX to $35 from $29 and keeps an Overweight rating on the shares. ChampionX exceeded expectations with "remarkable execution despite inflationary pressures," Anderson tells investors in a research note. The analyst believes a dividend "could be next" with ChampionX's leverage down to one times.

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CHX ChampionX
$26.24 /

+0.18 (+0.69%)

CHX ChampionX
$26.24 /

+0.18 (+0.69%)

09/17/21 Goldman Sachs
ChampionX initiated with a Sell at Goldman Sachs
09/13/21 Citi
Citi positive on oilfield services, upgrades Liberty to Buy, RPC to Neutral
08/12/21 Citi
ChampionX named top SMID pick in NA Oil Services at Citi
07/02/21 Stifel
ChampionX price target raised to $30 from $26 at Stifel
CHX ChampionX
$26.24 /

+0.18 (+0.69%)

Earnings
ChampionX reports Q3 adjusted EPS 15c, consensus 18c » 16:47
10/27/21
10/27
16:47
10/27/21
16:47
CHX

ChampionX

$24.41 /

-0.94 (-3.71%)

Reports Q3 revenue…

Reports Q3 revenue $818.79M, consensus $790.54M. "We could not be more proud of how remarkably well our organization continues to perform and adapt to the short-term supply chain and logistics bottlenecks that have emerged this year as global economic activity rebounds from pandemic levels. Our employees around the world have remained laser-focused on improving the lives of our customers and communities, and I want to thank each of them for their continued dedication and commitment," ChampionX's president and CEO Sivasankaran Somasundaram said.

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CHX ChampionX
$24.41 /

-0.94 (-3.71%)

CHX ChampionX
$24.41 /

-0.94 (-3.71%)

09/17/21 Goldman Sachs
ChampionX initiated with a Sell at Goldman Sachs
09/13/21 Citi
Citi positive on oilfield services, upgrades Liberty to Buy, RPC to Neutral
08/12/21 Citi
ChampionX named top SMID pick in NA Oil Services at Citi
07/02/21 Stifel
ChampionX price target raised to $30 from $26 at Stifel
CHX ChampionX
$24.41 /

-0.94 (-3.71%)

Hot Stocks
ChampionX announces launch of Spotlight EDGE » 07:24
10/21/21
10/21
07:24
10/21/21
07:24
CHX

ChampionX

$26.27 /

-0.105 (-0.40%)

ChampionX Corporation…

ChampionX Corporation announced that its Spotlight EDGE has received Microsoft's "Azure Certified Device" and "Edge Managed" certifications. The device is the only Class 1 Division 2 and ATEX finished product featured in the Microsoft Azure Certified Device Catalog.

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CHX ChampionX
$26.27 /

-0.105 (-0.40%)

CHX ChampionX
$26.27 /

-0.105 (-0.40%)

09/17/21 Goldman Sachs
ChampionX initiated with a Sell at Goldman Sachs
09/13/21 Citi
Citi positive on oilfield services, upgrades Liberty to Buy, RPC to Neutral
08/12/21 Citi
ChampionX named top SMID pick in NA Oil Services at Citi
07/02/21 Stifel
ChampionX price target raised to $30 from $26 at Stifel
CHX ChampionX
$26.27 /

-0.105 (-0.40%)

Initiation
ChampionX initiated with a Sell at Goldman Sachs » 04:49
09/17/21
09/17
04:49
09/17/21
04:49
CHX

ChampionX

$23.27 /

-0.15 (-0.64%)

Goldman Sachs analyst…

Goldman Sachs analyst Neil Mehta initiated coverage of ChampionX with a Sell rating and $22 price target, which represents 6% downside. The company's current valuation "screens relatively high" for the 4% annual EBITDA growth it offers between 2023 and 2026 compared to the 9% offered by other traditional oilfield service names, Mehta tells investors in a research note. Additionally, ChampionX generates 60%-65% of its revenue from the North American markets where production volume growth is likely to be "muted" in comparison to the Middle East, says the analyst.

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CHX ChampionX
$23.27 /

-0.15 (-0.64%)

CHX ChampionX
$23.27 /

-0.15 (-0.64%)

09/13/21 Citi
Citi positive on oilfield services, upgrades Liberty to Buy, RPC to Neutral
08/12/21 Citi
ChampionX named top SMID pick in NA Oil Services at Citi
07/02/21 Stifel
ChampionX price target raised to $30 from $26 at Stifel
03/03/21 Piper Sandler
ChampionX price target raised to $18 from $12.25 at Piper Sandler
CHX ChampionX
$23.27 /

-0.15 (-0.64%)

Upgrade
Citi positive on oilfield services, upgrades Liberty to Buy, RPC to Neutral » 12:38
09/13/21
09/13
12:38
09/13/21
12:38
LBRT

Liberty Oilfield Services

$10.92 /

+1.08 (+10.98%)

, RES

RPC, Inc.

$4.38 /

+0.5 (+12.89%)

, BKR

Baker Hughes

$24.54 /

+0.665 (+2.79%)

, HAL

Halliburton

$20.41 /

+0.88 (+4.51%)

, SLB

Schlumberger

$28.24 /

+1.46 (+5.45%)

, NEX

NexTier Oilfield

$4.10 /

+0.365 (+9.77%)

, CHX

ChampionX

$23.35 /

+1.125 (+5.06%)

Citi analyst Scott Gruber…

Citi analyst Scott Gruber upgraded Liberty Oilfield Services (LBRT) to Buy from Neutral with a price target of $13, up from $12. The analyst also upgraded RPC, Inc. (RES) to Neutral from Sell with an unchanged price target of $4. Gruber is taking a more positive stance on oilfield services for a trade over the next six months due to exploration and production companies adding rigs and frac pricing gains around year end. The analyst feels exploration and production companies still offer greater value but he sees "solid revision potential" in oilfield services, particularly in completion levered stocks. He raised his 2022 rig count estimate by 1% to 550 on average with a Q2 peak of 570. Baker Hughes (BKR) is Gruber's top large-cap pick on its multiple expansion potential and he raised Halliburton (HAL) above Schlumberger (SLB) on higher estimate revision potential. The analyst moved NexTier Oilfield (NEX) to his top SMID pick on frac pricing leverage and valuation. ChampionX (CHX) remains his top SMID equipment pick.

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SLB Schlumberger
$28.24 /

+1.46 (+5.45%)

NEX NexTier Oilfield
$4.10 /

+0.365 (+9.77%)

LBRT Liberty Oilfield Services
$10.92 /

+1.08 (+10.98%)

HAL Halliburton
$20.41 /

+0.88 (+4.51%)

CHX ChampionX
$23.35 /

+1.125 (+5.06%)

BKR Baker Hughes
$24.54 /

+0.665 (+2.79%)

LBRT Liberty Oilfield Services
$10.92 /

+1.08 (+10.98%)

09/13/21 Citi
Liberty Oilfield Services upgraded to Buy from Neutral at Citi
09/08/21 RBC Capital
Liberty Oilfield Services initiated with a Sector Perform at RBC Capital
08/02/21 Goldman Sachs
Liberty Oilfield Services downgraded to Neutral from Buy at Goldman Sachs
07/15/21 Seaport Global
Liberty Oilfield Services initiated with a Neutral at Seaport Global
RES RPC, Inc.
$4.38 /

+0.5 (+12.89%)

09/13/21 Citi
RPC, Inc. upgraded to Neutral from Sell at Citi
02/17/21 Citi
RPC, Inc. price target raised to $3.50 from $3 at Citi
12/24/20 Piper Sandler
RPC, Inc. price target raised to $3.25 from $3.10 at Piper Sandler
12/15/20 Citi
RPC, Inc. price target raised to $3 from $2.20 at Citi
BKR Baker Hughes
$24.54 /

+0.665 (+2.79%)

09/09/21 Piper Sandler
Baker Hughes price target raised to $36 from $30 at Piper Sandler
09/08/21 RBC Capital
Baker Hughes assumed with an Outperform at RBC Capital
08/17/21
Fly Intel: Top five analyst upgrades
08/17/21 Goldman Sachs
Baker Hughes upgraded to Conviction Buy from Buy at Goldman Sachs
HAL Halliburton
$20.41 /

+0.88 (+4.51%)

09/08/21 RBC Capital
Halliburton assumed with an Outperform at RBC Capital
08/05/21 HSBC
Halliburton upgraded to Hold from Reduce at HSBC
07/21/21
Fly Intel: Top five analyst upgrades
SLB Schlumberger
$28.24 /

+1.46 (+5.45%)

09/08/21 RBC Capital
Schlumberger assumed with an Outperform at RBC Capital
08/04/21 HSBC
Schlumberger upgraded to Hold from Reduce at HSBC
07/19/21 BofA
Halliburton added to U.S. 1 List at BofA in place of Schlumberger
05/13/21 Goldman Sachs
Schlumberger initiated with a Buy at Goldman Sachs
NEX NexTier Oilfield
$4.10 /

+0.365 (+9.77%)

05/03/21 Barclays
NexTier Oilfield price target raised to $6 from $4 at Barclays
02/17/21 Citi
NexTier Oilfield price target raised to $4.50 from $4 at Citi
01/27/21 Evercore ISI
Evercore upgrades NexTier Oilfield to Outperform on tightening market conditions
CHX ChampionX
$23.35 /

+1.125 (+5.06%)

08/12/21 Citi
ChampionX named top SMID pick in NA Oil Services at Citi
07/02/21 Stifel
ChampionX price target raised to $30 from $26 at Stifel
03/03/21 Piper Sandler
ChampionX price target raised to $18 from $12.25 at Piper Sandler
02/26/21 Barclays
ChampionX price target raised to $29 from $23 at Barclays
SLB Schlumberger
$28.24 /

+1.46 (+5.45%)

RES RPC, Inc.
$4.38 /

+0.5 (+12.89%)

NEX NexTier Oilfield
$4.10 /

+0.365 (+9.77%)

LBRT Liberty Oilfield Services
$10.92 /

+1.08 (+10.98%)

HAL Halliburton
$20.41 /

+0.88 (+4.51%)

CHX ChampionX
$23.35 /

+1.125 (+5.06%)

BKR Baker Hughes
$24.54 /

+0.665 (+2.79%)

  • 09
    Mar
  • 09
    Feb
  • 07
    Oct
BKR Baker Hughes
$24.54 /

+0.665 (+2.79%)

HAL Halliburton
$20.41 /

+0.88 (+4.51%)

BKR Baker Hughes
$24.54 /

+0.665 (+2.79%)

SLB Schlumberger
$28.24 /

+1.46 (+5.45%)

HAL Halliburton
$20.41 /

+0.88 (+4.51%)

BKR Baker Hughes
$24.54 /

+0.665 (+2.79%)

Hot Stocks
ChampionX plans to redeem $90M senior notes due 2026 » 07:02
09/08/21
09/08
07:02
09/08/21
07:02
CHX

ChampionX

$22.51 /

-0.6 (-2.60%)

ChampionX has informed…

ChampionX has informed Wells Fargo, National Association, the trustee of the Company's 6.375% Senior Notes due 2026, of its intent to redeem $90 million of the Notes this month. Notice is expected to be provided to the holders of the Notes on or about September 13, 2021, with redemption ten days following Notice. The Notes will be redeemed pursuant to Section 11.01 of the Indenture and paragraph 5 of the Notes at 104.781% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. ChampionX plans to use proceeds from the sale of its Corsicana, Texas, chemical manufacturing plant, and cash on hand to fund the redemption of the Notes.

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CHX ChampionX
$22.51 /

-0.6 (-2.60%)

CHX ChampionX
$22.51 /

-0.6 (-2.60%)

08/12/21 Citi
ChampionX named top SMID pick in NA Oil Services at Citi
07/02/21 Stifel
ChampionX price target raised to $30 from $26 at Stifel
03/03/21 Piper Sandler
ChampionX price target raised to $18 from $12.25 at Piper Sandler
02/26/21 Barclays
ChampionX price target raised to $29 from $23 at Barclays
CHX ChampionX
$22.51 /

-0.6 (-2.60%)

Hot Stocks
RPM acquires Texas manufacturing plant from ChampionX » 16:32
09/07/21
09/07
16:32
09/07/21
16:32
RPM

RPM

$79.70 /

-2.19 (-2.67%)

, CHX

ChampionX

$22.51 /

-0.6 (-2.60%)

RPM International (RPM)…

RPM International (RPM) announced it has procured a 178,000-square-foot chemical manufacturing facility located on 120 acres in Corsicana, Texas. It was purchased from ChampionX Corporation (CHX) for an undisclosed amount. The facility will be repurposed to act as a manufacturing campus for a number of RPM's operating companies, providing multiple opportunities for expansion to meet customer demand and strengthen its supply chain. It will be owned and operated by RPM's Tremco Construction Products Group. In addition to acquiring the land, facility and equipment at the Corsicana plant, Tremco Construction Products Group also intends to hire the plant's more than 80 existing employees, with plans to potentially hire additional employees in the future.

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RPM RPM
$79.70 /

-2.19 (-2.67%)

CHX ChampionX
$22.51 /

-0.6 (-2.60%)

RPM RPM
$79.70 /

-2.19 (-2.67%)

07/27/21
Fly Intel: Top five analyst downgrades
07/27/21 BMO Capital
RPM price target lowered to $100 from $107 at BMO Capital
07/27/21 Wells Fargo
Wells Fargo downgrades RPM to Equal Weight on margin pressure
07/27/21 Wells Fargo
RPM downgraded to Equal Weight from Overweight at Wells Fargo
CHX ChampionX
$22.51 /

-0.6 (-2.60%)

08/12/21 Citi
ChampionX named top SMID pick in NA Oil Services at Citi
07/02/21 Stifel
ChampionX price target raised to $30 from $26 at Stifel
03/03/21 Piper Sandler
ChampionX price target raised to $18 from $12.25 at Piper Sandler
02/26/21 Barclays
ChampionX price target raised to $29 from $23 at Barclays
RPM RPM
$79.70 /

-2.19 (-2.67%)

CHX ChampionX
$22.51 /

-0.6 (-2.60%)

RPM RPM
$79.70 /

-2.19 (-2.67%)

Over a quarter ago
Recommendations
ChampionX named top SMID pick in NA Oil Services at Citi » 05:53
08/12/21
08/12
05:53
08/12/21
05:53
CHX

ChampionX

$24.00 /

+0.39 (+1.65%)

Citi analyst Scott Gruber…

Citi analyst Scott Gruber has raised ChampionX to be his top SMID North American Oil Field Services pick, citing a combination of valuation, peaking inflation impact, "well digested" risk to Middle East share and what he sees as its attractive growth initiatives. He maintains a Buy rating on ChampionX shares.

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CHX ChampionX
$24.00 /

+0.39 (+1.65%)

CHX ChampionX
$24.00 /

+0.39 (+1.65%)

07/02/21 Stifel
ChampionX price target raised to $30 from $26 at Stifel
03/03/21 Piper Sandler
ChampionX price target raised to $18 from $12.25 at Piper Sandler
02/26/21 Barclays
ChampionX price target raised to $29 from $23 at Barclays
02/25/21 Wells Fargo
ChampionX price target raised to $24 from $19 at Wells Fargo
CHX ChampionX
$24.00 /

+0.39 (+1.65%)

Earnings
ChampionX reports Q2 EPS 3c, consensus 10c » 16:51
07/28/21
07/28
16:51
07/28/21
16:51
CHX

ChampionX

$22.45 /

+0.26 (+1.17%)

Reports Q2 revenue…

Reports Q2 revenue $749.17M, consensus $719.79M. "We recently marked the one-year anniversary of our transformational merger and we are proud of how remarkably well our organization has performed and adapted to the dynamic and evolving energy market environment of the past year. I especially want to thank all our worldwide employees for their continued dedication and commitment to serving our customers and communities well," ChampionX's president and CEO Sivasankaran Somasundaram said.

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CHX ChampionX
$22.45 /

+0.26 (+1.17%)

CHX ChampionX
$22.45 /

+0.26 (+1.17%)

07/02/21 Stifel
ChampionX price target raised to $30 from $26 at Stifel
03/03/21 Piper Sandler
ChampionX price target raised to $18 from $12.25 at Piper Sandler
02/26/21 Barclays
ChampionX price target raised to $29 from $23 at Barclays
02/25/21 Wells Fargo
ChampionX price target raised to $24 from $19 at Wells Fargo
CHX ChampionX
$22.45 /

+0.26 (+1.17%)

Recommendations
ChampionX price target raised to $30 from $26 at Stifel » 07:55
07/02/21
07/02
07:55
07/02/21
07:55
CHX

ChampionX

$26.16 /

+0.52 (+2.03%)

Stifel analyst Stephen…

Stifel analyst Stephen Gengaro raised the firm's price target on ChampionX to $30 from $26 and keeps a Buy rating on the shares. He has raised his multiple on the stock, stating that he continues to see ChampionX being well positioned for multi-year earnings and cash flow growth. Though Gengaro notes potential for "some near-term noise" around Production Chemicals margins, he views the company's guidance range as "reasonable" and expects pricing to drive margin expansion in the second half and in 2022.

ShowHide Related Items >><<
CHX ChampionX
$26.16 /

+0.52 (+2.03%)

CHX ChampionX
$26.16 /

+0.52 (+2.03%)

03/03/21 Piper Sandler
ChampionX price target raised to $18 from $12.25 at Piper Sandler
02/26/21 Barclays
ChampionX price target raised to $29 from $23 at Barclays
02/25/21 Wells Fargo
ChampionX price target raised to $24 from $19 at Wells Fargo
01/11/21 Barclays
ChampionX price target raised to EUR 23 from EUR 19 at Barclays
CHX ChampionX
$26.16 /

+0.52 (+2.03%)

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