ChampionX is a provider of engineered equipment and technologies. Co. has four reportable segments: Production Chemical Technologies, which provides products and services that cover a range of onshore and offshore chemical solutions in production and midstream operations; Production and Automation Technologies, which provides products, technologies, and services that facilitate the extraction of oil and gas through artificial lift and digital automation applications; Drilling Technologies, which provides polycrystalline diamond cutter inserts, bearings, valves, and mining tools; and Reservoir Chemical Technologies, which provides chemistry-oriented solutions and technologies. The CHX average annual return since 2018 is shown above.
The Average Annual Return on the CHX average annual return since 2018 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether CHX average annual return since 2018 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the CHX average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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