{"schema_version":"secwatch.filing_event.v1","accession":"0001723089-24-000084","form_type":"8-K","ticker":null,"cik":"0001723089","company_name":"ChampionX Corp","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.745226+00:00","generated_at":"2026-06-03T09:46:09.554159+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ChampionX Q1 net income up 78% to $112.9M, adjusted EBITDA up 4% despite 3% revenue decline","bullets":["Revenue $922.1M (-3% YoY); net income $112.9M (+78% YoY); adjusted net income $96.4M (+17% YoY).","Adjusted EBITDA $191.7M (+4% YoY); margin 20.8% (+130 bps). Cash from ops $173.5M, free cash flow $144.0M.","Production Chemical Tech revenue $590.1M (-7% seq); Production & Automation $252.6M (+5% seq); Drilling $55.2M (+18% seq).","Drilling segment includes $29.9M gain on sale-leaseback; op profit margin 80.4%.","Pending all-stock SLB acquisition expected by end 2024; no quarterly guidance or earnings call."],"urls":{"canonical":"https://secwatch.observer/filing/0001723089-24-000084","json":"https://secwatch.observer/filing/0001723089-24-000084.json","markdown":"https://secwatch.observer/filing/0001723089-24-000084.md","text":"https://secwatch.observer/filing/0001723089-24-000084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1723089/000172308924000084/0001723089-24-000084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1723089/000172308924000084/championx-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:46:09.554159+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"45b5c917b09a7aaaa6886aa688ddf6a5d7b11408","claim":"ChampionX Corp reported first quarter of 2024 results: revenue $922.1 million, net income $112.9 million.","evidence_excerpt":"Revenue was $922.1 million, net income attributable to ChampionX was $112.9 million, and adjusted EBITDA was $191.7 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1723089/000172308924000084/0001723089-24-000084-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Revenue","value":"$922.1 million"},{"label":"Net income","value":"$112.9 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}