Earnings Conference Call Second Quarter 2022 July 27, 2022 8:00am Central Time
Soma Somasundaram President and Chief Executive Officer 3 Copyright 2022 ChampionX. All rights reserved.
Our Organizational Purpose Is Our North Star United behind a common purpose Guided by our shared culture and operating principles 4 Copyright 2022 ChampionX. All rights reserved.
Days of Improving Lives ChampionX employees around the world celebrated our volunteer hours 2-year anniversary by participating in locally organized +1,400 worked by our team service events supporting our communities. Our IT team…
Ken Fisher Executive Vice President & Chief Financial Officer 6 Copyright 2022 ChampionX. All rights reserved.
Second Quarter 2022 Financial Highlights Strong top-line revenue growth Up 8% sequentially Up 24% year-over-year North America revenue growth - Up 6% sequentially - Up 27% year-over-year International revenue growth - Up 11%…
Second Quarter 2022 Financial Highlights (continued) Adjusted EBITDA of 138 million Up 11% sequentially, and up 31% year-over-year, on higher volumes and pricing realization, despite raw materials inflation and higher supply chain…
Reservoir Chemical Technologies Restructuring The Business To Structurally Improve Margin Profile Explored strategic options for Reservoir Chemical Technologies Restructuring the business as the best path forward Exiting certain…
Financial Position Strong Balance Sheet And FCF Profile Enabling Return Of Capital To Shareholders Financial liquidity of 740 million Cash on hand and available revolving credit facility 1x net debt to trailing 12 months…
Third Quarter 2022 Outlook On a consolidated basis in the third quarter of 2022, we expect: Revenue of 925 million to 955 million Sequential revenue improvement in our Production Chemical Technologies, Production & Automation…
Soma Somasundaram President and Chief Executive Officer 12 Copyright 2022 ChampionX. All rights reserved.
ChampionX Capital Allocation Framework Committed To Value Creation For Our Shareholders Strong Balance Sheet Provides Flexibility To Fund Our Capital Allocation Priorities 208mm 1 Maintain 1x Net Debt / EBITDA, through-the-cycle…
Appendix 14 Copyright 2022 ChampionX. All rights reserved.
Drilling Technologies Polycrystalline Diamond Cutter De-stocking and Re-stocking Cycles 15 Source: ChampionX, Baker Hughes Rig Count. Copyright 2022 ChampionX. All rights reserved.
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