Overall impact
B (75)

Commentary

ChampionX is a strong overall performer. With a 'B' rating of 75.0 for overall impact (89th percentile compared to all companies), ChampionX ranks 4th out of 226 industry peers, behind Expro Group, Epiroc and TGS ASA, and ahead of Riley Exploration Permian, Solaris Oilfield Infrastructure, Lummus Technology and 219 others. On top material causes for ChampionX's industry (Energy Equipment & Services), ChampionX performs well in Terrestrial Biodiversity (95.3 score), Quality Lifelong Education (84.9), Sustainable Use of Natural Resources (91.8) and 15 other causes where it received an 'A' score and performs poorly in Reduced Inequality (32.6 score), Reduced Inequality (32.6), Reduced Inequality (32.6) and 15 other causes where it received a 'D' or 'F' score.
Impact
Cause CHX
Peer rank
Overall impact

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Company
Founded
2018
Employees
7,100
Sector
Energy
Industry
Energy Equipment & Services
Sub-industry
Oil & Gas Equipment & Services
SASB industry
Oil & Gas - Services
Headquarters
Tx, United States
Share classes
CHX
Mission
To improve the lives of our customers, employees, shareholders, and those in our communities
Description
ChampionX Corporation provides chemistry solutions, artificial lift systems, and engineered equipment and technologies to oil and gas companies worldwide. It operates in four segments: Production Chemical Technologies, Production & Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies. The Production Chemical Technologies segment offers onshore, offshore, and oil sands chemical solutions, such as corrosion inhibitors, scale inhibitors, emulsion breakers, and biocides to oil and natural gas production and midstream markets. These solutions help manage and control corrosion, oil and water separation, flow assurance, sour gas treatment, and water-related issues. The Production & Automation Technologies segment provides artificial lift equipment, end-to-end digital automation solutions, and other production equipment. This includes electrical submersible pumping systems, gas lift systems, jet pumps, multiplex surface pumps, plunger lift equipment, progressive cavity pumping systems, downhole rod lift systems, methane emissions monitoring solutions, chemical injection systems, flow control valves, and gauges under various brands such as Harbison-Fischer, Norris, Alberta Oil Tool, Oil Lift Technology, PCS Ferguson, Pro-Rod, Upco, Unbridled ESP, Norriseal-Wellmark, Quartzdyne, Spirit, Theta, Timberline, Windrock, Scientific Aviation, ChampionX Emissions Technologies, Artificial Lift Performance, and RMSpumptools. The Drilling Technologies segment offers polycrystalline diamond cutter inserts, bearings, valves, nozzles, and mining tools used in oil and gas drill bits under the US Synthetic brand. It also provides high-density ceramic roof bolt mining tools for underground mining operations. The Reservoir Chemical Technologies segment provides chemistry-oriented solutions and technologies for well drilling, cementing, fracturing, acidizing, and other well interventions, as well as fracturing, drilling, cementing, and acidizing additives. The company was founded in 1882 and is headquartered in The Woodlands, Texas.
Material causes
Ethos considers the following causes material for ChampionX, based on its industry sub-industry Oil & Gas Equipment & Services. Learn more about material causes in our methodology overview.

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This information may not be used for corporate financing purposes (including, without limitation, ESG-linked loans, credit facilities, securities or structured products), as a basis for any financial instruments or products (including, without limitation, passively managed funds and index-linked derivative securities) or other products or services, to verify or correct data in any other compilation of data or index, to create any derivative works, nor to create any other data or index (custom or otherwise), without Ethos' prior written permission.

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