ChampionX Announces Quarterly Dividend Payout

On November 10, 2023, CHX ChampionX Corporation, a renowned provider of chemical solutions and engineering equipment for the oil and gas industry, publicly disclosed that its Board of Directors had approved a routine quarterly dividend. This dividend is set at a rate of $0.085 for each share of the company's common stock, which carries a par value of $0.01 per share. Shareholders recorded as of January 5, 2024, are slated to receive this pay-out on January 26, 2024.

Understanding ChampionX's Business

CHX ChampionX stands at the forefront of delivering advanced chemical solutions and technologies designed to enhance oil and gas production. With operational efficiency and sustainability as core principles, ChampionX's diverse offerings include artificial lift systems as well as robust equipment that supports the full well lifecycle, ensuring safer and more efficient drilling and output. The corporation also specialises in rendering real-time emissions monitoring to mitigate environmental impact.

Dividend Details and Shareholder Impact

The declaration of this quarterly dividend underscores CHX ChampionX's ongoing commitment to delivering value to its investors. By rewarding its shareholders with this scheduled dividend, the company reflects a stable financial standing and provides an attractive value proposition for investors seeking regular income from their equity investments in the oil and gas sector.

Investor and Media Relations

Investors and media representatives seeking to learn more about ChampionX Corporation's financial decisions, market performance, or any other inquiries can reach out to the designated contacts. Byron Pope handles investor communications, while John Breed is responsible for media relations.

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