Gary Luquette - ChampionX Independent Director
Director
Mr. Gary P. Luquette serves as Independent Director of the company. Mr. Luquette previously served as President and Chief Executive Officer of Franks International N.V., a global provider of engineered tubular services to the oil and gas industry, from January 2015 to November 2016, following which he served as a special advisor to Franks International N.V. until his retirement in December 2016. Mr. Luquette also served as a member of Franks International N.V.s Supervisory Board from November 2013 to May 2017. From 2006 to September 2013, Mr. Luquette served as President of Chevron North America Exploration and Production, a unit of Chevron Corporationrationration. Mr. Luquette began his career with Chevron Corporation in 1978 and, prior to serving as President, held several other key exploration and production positions in Europe, California, Indonesia and Louisiana. Mr. Luquette has served as the nonexecutive Chairman of the Board of Directors of McDermott International, Inc., a global offshore engineering and procurement company, since May 2014, where he is currently a member of the Compensation Committee. He has also served on the Board of Directors of Southwestern Energy Company since 2017, where he is currently a member of the Health, Safety, Environment and Corporationrationrate Responsibility Committee. Mr. Luquette brings a depth of business, industry and strategic planning experience to the Board, including his two years as President and Chief Executive Officer at Franks International N.V., his seven years as President of Chevron North America Exploration and Production, along with his holding several key exploration and production positions at Chevron. Mr. Luquettes international experience also adds a valuable global perspective to the Board. Mr. Luquettes extensive board committee participation, including his membership on the Compensation Committee at McDermott International, Inc since 2018.
| Age | 63 |
| Tenure | 6 years |
| Phone | 281 403 5772 |
| Web | http://www.championx.com |
ChampionX Management Efficiency
The company has Return on Asset of 3.84 % which means that on every $100 spent on assets, it made $3.84 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of (85.93) %, meaning that it generated no profit with money invested by stockholders. ChampionX's management efficiency ratios could be used to measure how well ChampionX manages its routine affairs as well as how well it operates its assets and liabilities.The company has 564.23 M in debt with debt to equity (D/E) ratio of 1.44, which is OK given its current industry classification. ChampionX has a current ratio of 2.49, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist ChampionX until it has trouble settling it off, either with new capital or with free cash flow. So, ChampionX's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ChampionX sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ChampionX to invest in growth at high rates of return. When we think about ChampionX's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | -85.93 | |||
| Return On Asset | 3.84 |
ChampionX Leadership Team
Elected by the shareholders, the ChampionX's board of directors comprises two types of representatives: ChampionX inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ChampionX. The board's role is to monitor ChampionX's management team and ensure that shareholders' interests are well served. ChampionX's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ChampionX's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gary Luquette, Independent Director | ||
| Stephen Todd, Independent Director | ||
| Mamatha Chamarthi, Independent Director | ||
| Robert Galloway, President - Drilling Technologies | ||
| GertJan Smulders, Technical Director | ||
| Daniel Rabun, Independent Chairman of the Board | ||
| Jay Nutt, Chief Financial Officer, Senior Vice President | ||
| Syed Raza, Senior Vice President and Chief Digital Officer | ||
| Sivasankaran Somasundaram, President, Chief Executive Officer, Director | ||
| David Skipper, IR Contact Officer | ||
| Neil Hackett, Joint Company Secretary, Non-Executive Director | ||
| Amy Broussard, Chief Human Resource Officer, Senior Vice President | ||
| Kenneth Fisher, Independent Director | ||
| Shankar Annamalai, Senior Vice President - Operations | ||
| Paul Mahoney, President - Production and Automation Technologies | ||
| Glenn Whiddon, Non-Executive Director | ||
| Stephen Wagner, Independent Director | ||
| Robert Downey, Non-Executive Director | ||
| Julia Wright, Senior Vice President General Counsel, Secretary |
ChampionX Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ChampionX a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -85.93 | |||
| Return On Asset | 3.84 | |||
| Profit Margin | (55.05) % | |||
| Operating Margin | 9.11 % | |||
| Current Valuation | 1.28 B | |||
| Shares Outstanding | 77.51 M | |||
| Shares Owned By Insiders | 0.26 % | |||
| Shares Owned By Institutions | 94.91 % | |||
| Number Of Shares Shorted | 4.03 M | |||
| Price To Earning | 12.87 X |
Pair Trading with ChampionX
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ChampionX position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ChampionX will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microsoft - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microsoft to buy it.
The correlation of Microsoft is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Microsoft can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in ChampionX Stock
If you are still planning to invest in ChampionX check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ChampionX's history and understand the potential risks before investing.
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