What is the debt of ChampionX this year?
ChampionX has a debt level of 354.85 USD this year.
ChampionX Debt 2024
ChampionX Debt
354.85 USD
ChampionX Dividend yield
0.96 %
Ticker
CHX
ISIN
US15872M1045
WKN
A2P58Q
In 2024, ChampionX's total debt was 354.85 USD, a -10.32% change from the 395.7 USD total debt recorded in the previous year.
ChampionX Aktienanalyse
What does ChampionX do?
ChampionX Corp is a leading company in the oil and gas industry. The company was founded in 1928 and is headquartered in Houston, Texas. It was formerly known as Nalco Company before being renamed ChampionX Corp in 2020. ChampionX Corp's business model is based on providing solutions for various challenges in the oil and gas industry. The company offers a wide range of products and services tailored to the specific needs of customers. ChampionX Corp is divided into three main areas: Production and Automation Technologies, Drilling Technologies, and Chemistry Technologies. In the Production and Automation Technologies division, solutions for improving production and automation of oil and gas drilling are offered. This includes products such as artificial lift systems, flow sensors and meters, as well as software solutions for production control and monitoring. The Drilling Technologies division includes products required for oil and gas drilling. The company offers a wide range of products, including polymers for drilling mud reduction, drilling fluids and additives, as well as specialty tools for drilling in challenging environments. The Chemistry Technologies division offers a variety of chemicals for the oil and gas industry. These chemicals are used for various applications, such as corrosion reduction, deposition control, improving water injection system performance, and reducing oil viscosity, to name a few examples. Another important business area of ChampionX Corp is the provision of services and technical consulting. The company has a team of professionals who assist customers in identifying and solving problems. By combining consulting, products, and services, ChampionX Corp offers its customers a comprehensive solution approach to all challenges in the oil and gas industry. ChampionX Corp has also focused on sustainability and environmental friendliness. The company has initiated a number of initiatives to minimize the environmental impact of its products and activities. This includes the development of environmentally friendly chemicals as well as the promotion of climate-friendly technologies such as the electrification of oil fields. Overall, ChampionX Corp is a leading company in the oil and gas industry that offers its customers a wide range of products and solutions for various challenges. Through its divisions of Production and Automation Technologies, Drilling Technologies, and Chemistry Technologies, as well as its wide range of services and technology consulting, the company has contributed to improving the efficiency and sustainability of oil and gas production. ChampionX ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding ChampionX's Debt Structure
ChampionX's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing ChampionX's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to ChampionX’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in ChampionX’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about ChampionX Stock
What was the debt of ChampionX compared to the previous year?
The debt of ChampionX has increased by -10.32% compared to the previous year dropped.
What are the consequences of high debt for investors in ChampionX?
High debt can pose a risk for investors of ChampionX, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of ChampionX?
Low debt means that ChampionX has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from ChampionX affect the company?
An increase in debt of ChampionX can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of ChampionX affect the company?
A reduction in debt of ChampionX can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of ChampionX?
Some factors that can influence the debt of ChampionX include investments, acquisitions, operating costs, and revenue development.
Why are the debts of ChampionX so important for investors?
The debts of ChampionX are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can ChampionX take to change the debt?
To change the debt, ChampionX can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does ChampionX pay?
Over the past 12 months, ChampionX paid a dividend of 0.33 USD . This corresponds to a dividend yield of about 0.96 %. For the coming 12 months, ChampionX is expected to pay a dividend of 0.35 USD.
What is the dividend yield of ChampionX?
The current dividend yield of ChampionX is 0.96 %.
When does ChampionX pay dividends?
ChampionX pays a quarterly dividend. This is distributed in the months of August, November, February, May.
How secure is the dividend of ChampionX?
ChampionX paid dividends every year for the past 8 years.
What is the dividend of ChampionX?
For the upcoming 12 months, dividends amounting to 0.35 USD are expected. This corresponds to a dividend yield of 1.03 %.
In which sector is ChampionX located?
ChampionX is assigned to the 'Energy' sector.
Wann musste ich die Aktien von ChampionX kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of ChampionX from 4/26/2024 amounting to 0.095 USD, you needed to have the stock in your portfolio before the ex-date on 4/4/2024.
When did ChampionX pay the last dividend?
The last dividend was paid out on 4/26/2024.
What was the dividend of ChampionX in the year 2023?
In the year 2023, ChampionX distributed 0.225 USD as dividends.
In which currency does ChampionX pay out the dividend?
The dividends of ChampionX are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von ChampionX
Our stock analysis for ChampionX Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of ChampionX Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.