ChampionX Corp

Overview

• IndustryConstruction, Mining & Materials Handling Machinery & Equip¹
• HeadquartersThe Woodlands, Texas¹
• Incorporated inDE²
• Business address2445 Technology Forest Blvd, Building 4, Floor 12, The Woodlands, Tx 77381²
• Filer categoryLarge accelerated filer²

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ChampionX Corporation, a Delaware corporation (“ChampionX,” “we,” “us,” “our,” or the “Company”), is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely, efficiently, and sustainably around the world. Our expertise, innovative products, and digital technologies provide enhanced oil and gas production, transportation, and real-time emissions monitoring throughout the lifecycle of a well.⁴ From its latest annual report

Corporate structure

ChampionX Corp sits at the top of its group. 64 entities, 31 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What ChampionX Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Investments

Intangibles and goodwill

Inventory

Properties, in its own words

We lease our corporate headquarters in The Woodlands, Texas. We lease or own technical customer support offices and manufacturing facilities, research and technology centers, and administrative facilities in North America, Europe, Australia, the Middle East, Asia Pacific, and Latin America. We also have a network of small leased sales offices around the world.

Our significant properties and facilities are located in the following business segments:

Item 2 of the 10-K filed Feb 5, 2025.⁴

Leadership

Who has led ChampionX Corp, and when. Pick a name to see everywhere that person has worked.

• Chief executive officerSivasankaran Somasundaram Apr 19, 2018 to now¹⁴
• PresidentSivasankaran Somasundaram Apr 19, 2018 to now¹⁴
• Chief financial officerJay A. Nutt Apr 19, 2018 to Jun 5, 2020¹⁵

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

• Apergy Artificial Lift de México, S. A. de C.V. Mexico³
• Apergy Canada ULC British Columbia³
• Apergy Egypt LLC Egypt³
• Apergy Energy (Kenya) Limited Kenya³
• Apergy Minority Luxembourg S.à r.l. Luxembourg³
• Apergy Rods UK Limited England and Wales³
• Apergy S.A. Argentina³
• Apergy for Petroleum Services LLC Egypt³
• Artificial Lift Performance Limited Scotland³
• CTI Chemicals Asia Pacific Pte. Ltd. Singapore³
• Champion Arabia Co. Ltd. Saudi Arabia³
• Champion Technologies B.V. Netherlands³
• Champion Technologies Del Ecuador CIA LTDA. CHAMPIONTECH Ecuador³
• Champion Technologies Limited Scotland³
• Champion Technologies Middle East FZCO United Arab Emirates³
• Champion Technologies do Brasil Servicos e Produtos Quimicos Ltda. Brazil³
• ChampionX (RO) Energy Services S.R.L. Romania³
• ChampionX Argentina S.R.L. Argentina³
• ChampionX Associate Investment Company Limited Nigeria³
• ChampionX Azerbaijan LLC Azerbaijan³
• ChampionX Canada ULC Alberta³
• ChampionX EG Holdings LLC Delaware³
• ChampionX Egypt Holdings Ltd. England and Wales³
• ChampionX Egypt Ltd. England and Wales³

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

• Apergy CorpJan 3, 2018 to Jun 3, 2020²
• Wellsite CorpDec 4, 2017 to Jan 12, 2018²

Timeline

1. Jul 16, 20258-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer³⁴
2. Jun 10, 20258-K Shareholder vote³⁵
3. Apr 29, 20258-K Results of operations³⁶
4. Feb 25, 20258-K Entered a material agreement; Executive or director change; Regulation FD disclosure³⁷
5. Feb 4, 20258-K Results of operations³⁸
6. Dec 27, 20248-K Executive or director change³⁹
7. Oct 23, 20248-K Results of operations⁴⁰
8. Jul 24, 20248-K Results of operations⁴¹
9. Jun 18, 20248-K Shareholder vote⁴²
10. May 17, 20248-K Shareholder vote⁴³
11. Apr 24, 20248-K Results of operations⁴⁴
12. Apr 3, 20248-K Entered a material agreement; Other events⁴⁵
13. Apr 19, 2018New chief executive Sivasankaran Somasundaram becomes CEO¹⁴

Calendar

When it reported results

1. Apr 29, 2025Reported quarterly or annual results³⁶
2. Feb 4, 2025Reported quarterly or annual results³⁸
3. Oct 23, 2024Reported quarterly or annual results⁴⁰
4. Jul 24, 2024Reported quarterly or annual results⁴¹
5. Apr 24, 2024Reported quarterly or annual results⁴⁴
6. Feb 5, 2024Reported quarterly or annual results⁴⁶
7. Oct 24, 2023Reported quarterly or annual results⁴⁷
8. Jul 24, 2023Reported quarterly or annual results⁴⁸

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

317 filings to the SEC since October 2021: 4 annual reports, 11 quarterly reports, 33 major events, 199 insider forms, 10 large holders, 60 other. The latest 20:

1. Jul 28, 202515-12G EDGAR
2. Jul 16, 2025S-8 POS EDGAR
3. Jul 16, 2025S-8 POS EDGAR
4. Jul 16, 2025S-8 POS EDGAR
5. Jul 16, 2025S-8 POS EDGAR
6. Jul 16, 20258-K EDGAR
7. Jul 16, 20254 EDGAR
8. Jul 16, 20254 EDGAR
9. Jul 16, 20254 EDGAR
10. Jul 16, 20254 EDGAR
11. Jul 16, 20254 EDGAR
12. Jul 16, 20254 EDGAR
13. Jul 16, 20254 EDGAR
14. Jul 16, 20254 EDGAR
15. Jul 16, 20254 EDGAR
16. Jul 16, 20254 EDGAR
17. Jul 16, 20254 EDGAR
18. Jul 16, 20254 EDGAR
19. Jul 16, 20254 EDGAR
20. Jul 16, 20254 EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

21 open-market trades by officers, directors and large owners since October 2021: 0 buys and 21 sales. Grants, option exercises and gifts are left out.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

• VANGUARD GROUP INCSC 13G/A, 4 filings Feb 9, 2022 to Feb 13, 2024⁴⁹
• BlackRockSC 13G/A, 5 filings Jan 26, 2022 to Jan 23, 2024⁵⁰
• Boston PartnersSC 13G/A, 1 filing Feb 14, 2022⁵¹

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

SEC filer profile

How ChampionX Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

• Name on EDGARChampionX Corp¹
• CIK0001723089
• Employer ID (EIN)82-3066826⁴
• Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company⁴
• Incorporated inDelaware⁴
• Fiscal year endsDecember 31¹
• Industry code (SIC)3530 Construction, Mining & Materials Handling Machinery & Equip¹
• SEC reviewing officeOffice of Technology, Division of Corporation Finance¹
• Business address2445 Technology Forest Blvd, Building 4, Floor 12, The Woodlands, TX 77381¹
• Phone(281) 403-5772¹
• Shares outstanding191,400,000 as of Apr 24, 2025¹¹
• Public float$6.3B as of Jun 28, 2024⁴
• AuditorPricewaterhouseCoopers LLP, Houston, Texas PCAOB ID 238; it also attests to the company’s internal control over financial reporting⁴
• On EDGAR sinceDec 4, 2017¹
• Filings692 in all: 4 (332), 425 (101), 8-K (70), 3 (24), DEFA14A (23), 10-Q (22), IRANNOTICE (18), SC 13G/A (15)¹
  All 38 form types

  144 (8), 10-K (7), DEF 14A (7), SD (7), SC 13G (6), CORRESP (4), S-8 (4), S-8 POS (4), UPLOAD (4), ARS (3), DRS/A (3), DRSLTR (3), S-4/A (3), 424B3 (2), 8-K/A (2), CERT (2), DEFM14A (2), EFFECT (2), PRER14A (2), S-4 (2), 10-12B (1), 10-12B/A (1), 15-12G (1), 25 (1), 25-NSE (1), 8-A12B (1), DRS (1), NT 10-Q (1), PRE 14A (1), PREM14A (1)

• Latest filingsAnnual report (10-K) Feb 5, 2025
  Quarterly report (10-Q) Apr 30, 2025
  Proxy statement (DEF 14A) Apr 29, 2025
  Latest 8-K (8-K) Jul 16, 2025

Securities registered for trading

From the cover page of the 10-K filed Feb 5, 2025 (Section 12(b) of the Exchange Act).⁴

Risk factors and legal proceedings

The risks ChampionX Corp names in Item 1A of its 10-K filed Feb 5, 2025: 42 risks under these headings, as written.⁴

• In addition to other information in this Annual Report on Form 10-K, you should carefully consider the following risk factors. Each of these risk factors could materially and adversely affect our business, results of operations and financial condition, as well as affect the value of an investment in our common stock.
• Risks Related to Our Business
• Trends in crude oil and natural gas prices may affect the drilling and production activity, profitability and financial stability of our customers and therefore the demand for, and profitability of, our products and services.
• We could lose customers or generate lower revenue, operating profits and cash flows if there are significant increases in the cost of raw materials or if we are unable to obtain raw materials.
• Decreased capital and other expenditures by our customers can adversely impact our customers’ demand for our products and services and our revenue.
• Our operations could be adversely affected by global market and economic conditions in ways we may not be able to predict or control.
• Continuing inflation and cost increases may impact our sales margins and profitability.
• We might be unable to successfully compete with other companies in our industry.
• Consolidation in our industry may impact our results of operations.
• If we are unable to develop new products and technologies, our competitive position may be impaired, which could materially and adversely affect our sales and market share.
• Tariffs and other trade measures could adversely affect our business, results of operations, financial position and cash flows.
• The loss of one or more significant customers could have an adverse impact on our financial results.

Legal proceedings

We are involved in various pending or potential legal actions in the ordinary course of our business. Management is unable to predict the ultimate outcome of these actions because of the inherent uncertainty of litigation. However, management believes the most probable, ultimate resolution of these matters will not have a material adverse effect on our consolidated financial position, results of operations or cash flows. See Note 9—Commitments and Contingencies in Part II, Item 8. Financial Statements and Supplementary Data for a description of such proceedings.

The opening of Item 3, Legal Proceedings.⁴