Earnings Conference Call Third Quarter 2020 October 29, 2020 9:00am Central Time
Soma Somasundaram President and Chief Executive Officer 3 Copyright 2020 ChampionX. All rights reserved.
ChampionXs COVID-19 Response The Health and Safety of Our Employees Remains Our Highest Priority ChampionXs operations are classified as critical infrastructure and our manufacturing and field locations remain operational Continue…
Our Distinctive ChampionX Purpose and Operating Philosophy Guides Everything We Do United behind a common purpose Guided by our shared culture and operating principles 5 Copyright 2020 ChampionX. All rights reserved.
We Are Helping Customers Reduce Their Carbon Footprints In Tangible Ways Challenge North Sea operator was experiencing some difficulty efficiently managing H2S levels in export gas given platform 231 metric tonnes OF CO2 SAVED…
Continued ChampionX Artificial Lift Leadership Stems from Strong Customer Advocacy Key Highlights from 2020 Kimberlite Artificial Lift Supplier Performance Report ChampionX is the customer loyalty (Net Promoter Score) leader within…
Jay Nutt Senior Vice President & Chief Financial Officer 8 Copyright 2020 ChampionX. All rights reserved.
Third Quarter 2020 Highlights Consolidated revenue profile stabilizing Robust cash generation Consolidated revenue of 633.5 million, +3% Cash from operating activities of 111.4 million, after sequentially, on a pro forma basis1…
Integration & Synergy Capture Update Cost Synergies Cost Synergy Annualized Run-Rate Tracker Integration progressing ahead of schedule, primarily driven in the third quarter by: 125M Execution on supply chain opportunities…
Liquidity & Capital Allocation Strong Balance Sheet Capital Allocation Priorities Organic growth investments in Millions At 9/30/20 Critical R&D, digital and innovation projects Further debt reduction Total Debt 1 1,021…
Fourth Quarter 2020 Outlook On a consolidated basis in the fourth quarter of 2020, we expect: Revenue of 635 million to 650 million Sequential revenue growth is expected to be driven by improvement in international Production…
Soma Somasundaram President and Chief Executive Officer 13 Copyright 2020 ChampionX. All rights reserved.
We Are Clear and Focused on Our Strategic Priorities Priorities Key Elements Continue building on our purpose of Improving Lives and having a positive culture Realize Leverage our production optimization expertise into broader…
Appendix 15 Copyright 2020 ChampionX. All rights reserved.
Drilling Technologies Polycrystalline Diamond Cutter De-stocking and Re-stocking Cycles 16 Source: ChampionX, Baker Hughes Rig Count. Copyright 2020 ChampionX. All rights reserved.
Notices & Disclaimers About Non-GAAP Measures In addition to financial results determined in accordance with generally accepted accounting principles in the United States (GAAP), this presentation presents non-GAAP financial…
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