bullish
Championx Corp (CHX) - Friday, Feb 2, 2024
SUMMARY
- ChampionX (CHX) is an underappreciated business in the oilfield services sector, offering a 10% 2025 FCF yield and potential for annual FCFPS growth of over 10%
- CHX was formed from the merger of two industrial companies' O&G businesses, making it a higher quality, lower volatile oilfield services company with strong management
- With over 75% of EBITDA tied to production, CHX operates more like a specialty chemicals company and has consistently outperformed peers on key metrics such as ROIC, margins, and FCF conversion
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.
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