SLB currently expects the transaction to close in the fourth quarter of 2024 or the first quarter of 2025, pending regulatory approvals and other customary closing conditions.
The transaction received the approval of the ChampionX stockholders at a special meeting held on June 18, 2024.
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 10/21/2024 | $68.00 → $65.00 | Buy | TD Cowen | |
| 7/22/2024 | $62.00 → $64.00 | Buy | TD Cowen | |
| 4/29/2024 | $68.00 → $53.00 | Overweight → Equal Weight | Wells Fargo | |
| 4/22/2024 | $64.00 → $63.00 | Buy | TD Cowen | |
| 1/8/2024 | $38.00 → $32.00 | Overweight → Neutral | Piper Sandler | |
| 10/17/2023 | $33.00 → $42.00 | Equal Weight → Overweight | Barclays | |
| 10/9/2023 | $81.00 | Buy | Societe Generale | |
| 7/14/2023 | $40.00 | Overweight | CapitalOne |
THE WOODLANDS, Texas, Nov. 15, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ:CHX) announced today its Board of Directors has declared a regular quarterly dividend of $0.095 per share on the company's common stock, par value $0.01 per share, to be paid on January 31, 2025 to shareholders of record on January 3, 2025. About ChampionX ChampionX 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. ChampionX's expertise, innovative products, and digital technologies provide enhanced oil and gas production,
THE WOODLANDS, Texas, Nov. 14, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ:CHX) ("ChampionX" or the "Company") is honored to have received a Golden Peacock Global Award for Sustainability. This esteemed accolade, conferred by the Institute of Directors (IOD) in India, underscores our commitment to excellence in the various sectors where we operate and highlights our dedication to sustainable practices. "We are deeply honored to receive the Golden Peacock Award," ChampionX's President and Chief Executive Officer Sivasankaran "Soma" Somasundaram said. "It is a testament to ChampionX's unwavering commitment to excellence, innovation, and sustainability. This prestigious recogniti
Subsea boosting system to accelerate the full potential of deepwater project SLB (NYSE:SLB) today announced the award of a contract by bp to its OneSubsea joint venture for a subsea boosting system in the greenfield development of the Kaskida project in the deepwater U.S. Gulf of Mexico. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241028536821/en/The OneSubsea subsea boosting system is a key technology within bp's first Paleogene field development. It will supply the required artificial lift needed to maximize production through the accelerated recovery of reserves with minimal energy consumption. (Photo: Business Wire) This
IRANNOTICE - ChampionX Corp (0001723089) (Filer)
10-Q - ChampionX Corp (0001723089) (Filer)
8-K - ChampionX Corp (0001723089) (Filer)
TD Cowen reiterated coverage of SLB with a rating of Buy and set a new price target of $65.00 from $68.00 previously
TD Cowen reiterated coverage of SLB with a rating of Buy and set a new price target of $64.00 from $62.00 previously
Wells Fargo downgraded SLB from Overweight to Equal Weight and set a new price target of $53.00 from $68.00 previously
4 - ChampionX Corp (0001723089) (Issuer)
4 - ChampionX Corp (0001723089) (Issuer)
4 - ChampionX Corp (0001723089) (Issuer)
SC 13G/A - SCHLUMBERGER LIMITED/NV (0000087347) (Subject)
SC 13G - SCHLUMBERGER LIMITED/NV (0000087347) (Subject)
SC 13G - SCHLUMBERGER LIMITED/NV (0000087347) (Subject)
Consistent with its prior decisions to delist from other exchanges, SLB reviewed the low trading volumes on the Euronext Paris and, given the increasing costs, administrative requirements and managerial time required to maintain a dual listing, has requested a voluntary delisting from the Euronext Paris. For the avoidance of doubt, holders of SLB Euronext Shares will be able to trade on Euronext Paris until August 16, 2024 (the last trading date prior to the delisting).
ChampionX (NASDAQ:CHX) reported quarterly earnings of $0.27 per share which missed the analyst consensus estimate of $0.46 by 41.3 percent. The company reported quarterly sales of $893.300 million which missed the analyst consensus estimate of $959.287 million by 6.88 percent. This is a 3.59 percent decrease over sales of $926.600 million the same period last year.
THE WOODLANDS, Texas, Nov. 15, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ:CHX) announced today its Board of Directors has declared a regular quarterly dividend of $0.095 per share on the company's common stock, par value $0.01 per share, to be paid on January 31, 2025 to shareholders of record on January 3, 2025. About ChampionX ChampionX 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. ChampionX's expertise, innovative products, and digital technologies provide enhanced oil and gas production,
Revenue of $906.5 millionNet income attributable to ChampionX of $72.0 millionAdjusted net income of $85.9 millionAdjusted EBITDA of $197.5 millionIncome before income taxes margin of 11.2%Adjusted EBITDA margin of 21.8%Cash from operating activities of $141.3 million and free cash flow of $108.1 million THE WOODLANDS, Texas, Oct. 23, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ:CHX) ("ChampionX" or the "Company") today announced third quarter of 2024 results. Revenue was $906.5 million, net income attributable to ChampionX was $72.0 million, and adjusted EBITDA was $197.5 million. Income before income taxes margin was 11.2% and adjusted EBITDA margin was 21.8%. Cash from operat
Revenue of $9.16 billion was steady sequentially and increased 10% year on year GAAP EPS of $0.83 increased 8% sequentially and 6% year on year EPS, excluding charges and credits, of $0.89 increased 5% sequentially and 14% year on year Net income attributable to SLB of $1.19 billion increased 7% sequentially and 6% year on year Adjusted EBITDA of $2.34 billion increased 2% sequentially and 13% year on year Cash flow from operations was $2.45 billion and free cash flow was $1.81 billion Board approved quarterly cash dividend of $0.275 per share SLB (NYSE:SLB) today announced results for the third quarter of 2024. This press release features multimedia. View the full release he
Agreement will accelerate the initial scope of 144 unconventional wells for delivery by Q4 2025 with potential for significant number of additional wells in the second phase SLB (NYSE:SLB) today announced an agreement to create Turnwell Industries LLC OPC (Turnwell), a joint venture (JV) with ADNOC Drilling Company, SLB and Patterson-UTI. The JV will allow the three companies to leverage leading innovations in AI, smart drilling design, completions engineering and production solutions. The JV will focus on the acceleration of UAE's unconventional oil and gas program, with an initial 144 wells scheduled for completion by the end of 2025. SLB will provide integrated drilling, stimulation an
THE WOODLANDS, Texas, Feb. 15, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ:CHX), a global leader in chemistry programs and services, artificial lift solutions, emissions technologies, automation and optimization equipment, and drilling technologies for the upstream and midstream oil and gas industry, today announced it has appointed Elaine Pickle and Carlos Fierro to the Company's Board of Directors (the "Board"). Additionally, Stephen K. Wagner, a member of the Board since 2018, has decided to retire pursuant to the Company's Corporate Governance Guidelines and not stand for re-election to the Board of Directors at the 2023 Annual Meeting of Shareholders. "Steve has made an e
Helix Energy Solutions Group, Inc. ("Helix") (NYSE:HLX) announced today that its Board of Directors (the "Board") has appointed Diana Glassman and Paula Harris as new directors. William L. Transier, Chairman of the Board, stated, "We are pleased to welcome both Diana and Paula to the Helix Board of Directors. The wealth of experience our two new Board members have will bring valuable perspectives to our Board. Helix remains committed to board refreshment and diversity initiatives, and the appointments of our new directors are the result of an extensive search process that began months ago. The additions of Diana and Paula to the Helix Board are designed to ensure we have the right mix of d