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Founded in:<\/strong> 2017<\/p>\n\n\n\n

Registered in:<\/strong> the US<\/p>\n\n\n\n

Head office:<\/strong> Woodlands, Texas<\/p>\n\n\n\n

Platform:<\/strong> NYSE<\/p>\n\n\n\n

Market capitalisation:<\/strong> $6.4 billion<\/p>\n\n\n\n

ChampionX Corporation develops and produces equipment for oil & gas field exploration, drilling, oil & gas mining, and transportation. One of the company's fields of work is creating innovative technologies for automating and optimising oil mining.<\/p>\n\n\n\n

Over the last three months, the stock price<\/a> of ChampionX Corporation (NYSE: CHX) recorded a 58.3% growth from $20.2 to $31.98. On 25 October 2022, the company presented its financial report for Q3 2022. In the period from July to September, revenue increased by 24.8% to $1 billion (compared to the statistics of Q3, 2021), while the net profit dropped by 59.4% to $23.1 million. The growth of the quotes is most probably explained by the high prices for hydrocarbons.<\/p>\n\n\n\n

<\/span>Selection criteria:<\/span><\/h3>\n\n\n\n\nSector: process industries<\/li>\n\n\n\nThe companies are not funds<\/li>\n\n\n\nTheir stocks are traded on the NYSE or NASDAQ<\/li>\n\n\n\nTheir market capitalisation is more than $2 billion<\/li>\n\n\n\n