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Cactus Announces Appointment of Jay Nutt as Chief Financial Officer

Cactus, Inc. today announced the Board of Directors has appointed Jay Nutt as Executive Vice President, Chief Financial Officer and Treasurer, effective June 3, 2024.

Mr. Nutt is a long-tenured. ....

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ChampionX Reports Fourth Quarter and Full Year 2020 Results

ChampionX consolidated actual results in the fourth quarter and third quarter of 2020 include results of operations of the legacy Apergy businesses and results from legacy ChampionX for the entire period. Fourth quarter 2019 results represent results of operations of the legacy Apergy businesses.
In the fourth quarter of 2020, consolidated revenue increased $72.6 million, or 11%, sequentially, due to the continued recovery from the pandemic-induced downturn, as well as seasonal improvements internationally. Sequentially, international revenue increased 12% and North America revenue increased 11%. Fourth quarter 2020 consolidated revenue includes $46.2 million of chemical sales to Ecolab Inc. as compared to $49.5 million in the third quarter. As part of the Merger, the Company entered into a Cross Supply and Product Transfer Agreement with Ecolab in which certain products will be manufactured by one party for the other and sold at cost over a period of no longer than thr ....

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Think Oil Will Stay Above $50? These 3 Stocks Could Be Huge Winners

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It s way too early to get out the bunting, but there s no doubt that the recent uptick in the price of oil is likely to have a positive impact on the industry. The slump in capital expenditures caused by the COVID-19 pandemic in 2020 means that there could be some pent-up demand that will get released given an oil price above $50 a barrel. If that s the case, then ....

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ChampionX Corporation Announces Early Tender Offer Results and Extension of Early Tender Premium

ChampionX Corporation Announces Early Tender Offer Results and Extension of Early Tender Premium
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