Championx CORP 8-K filings

ChampionX Corporation has completed its merger with Schlumberger Limited (SLB), becoming an indirect wholly-owned subsidiary of SLB, leading to its delisting from Nasdaq and significant corporate governance changes.

ChampionX Corporation announced the results of its 2025 Annual Meeting, where shareholders overwhelmingly approved all proposals, including the re-election of eight directors, ratification of PricewaterhouseCoopers LLP as independent auditors, and advisory approval of executive compensation.

ChampionX announced its first quarter 2025 results, reporting revenue of $864.5 million and adjusted EBITDA of $190.9 million.

ChampionX has entered into an agreement to sell its US Synthetic Corporation to LongRange Capital for approximately $300 million in cash, contingent on customary closing conditions and the completion of the ChampionX-SLB merger.

ChampionX announced its fourth quarter and full year 2024 results, showcasing revenue of $912.0 million for the quarter and $3.6 billion for the year, alongside strong adjusted EBITDA and free cash flow, while awaiting regulatory approval for its acquisition by SLB.

ChampionX Corporation has entered into an agreement with its CFO, Kenneth Fisher, to mitigate potential tax liabilities related to the upcoming merger with Schlumberger.

ChampionX announced its third quarter 2024 financial results, showcasing strong adjusted EBITDA and free cash flow despite a slight year-over-year revenue decrease.

ChampionX announced its second quarter 2024 results, showing a revenue decrease year-over-year and sequentially, but with strong cash flow generation and a pending acquisition by SLB.

ChampionX Corporation stockholders have approved the merger agreement with Schlumberger, paving the way for an all-stock acquisition.

ChampionX Corporation held its 2024 annual meeting on May 15, 2024, where shareholders elected eight directors and ratified the appointment of PricewaterhouseCoopers LLP as the company's independent auditor.

ChampionX announced its first quarter 2024 results, showcasing a 78% year-over-year increase in net income despite a slight revenue decrease, while also confirming its pending acquisition by SLB.

SLB has agreed to acquire ChampionX in an all-stock transaction, strengthening its position in the production phase of oil and gas operations.

SLB has agreed to acquire ChampionX in an all-stock transaction, strengthening its position in the production space and targeting $400 million in annual pre-tax synergies within three years.

ChampionX Corporation has amended its Senior Executive Change-in-Control Severance Plan, effective February 15, 2024, providing enhanced severance benefits to key executives upon qualifying terminations following a change in control.

ChampionX reported a 4% year-over-year decrease in fourth-quarter revenue but increased its share repurchase program to $1.5 billion and raised its quarterly dividend by 12%.