Trump's tariffs on steel, aluminum to raise costs for US energy firms, experts say [Yahoo! Finance Canada]
ChampionX Corporation (CHX)
Company Research
Source: Yahoo! Finance Canada
(Reuters) - The proposed U.S. tariffs on steel and aluminum imports are poised to escalate costs for U.S. oilfield services companies, which rely on these metals for their operations. Oilfield services firms such as ChampionX and Patterson-UTI are the backbone of the North American oil and gas industry, supplying essential equipment and services for drilling, production and maintenance. The lifeblood of this sector - drilling rigs, pipelines, refineries, compressors, storage tanks and offshore platforms - is steel. U.S. President Donald Trump earlier on Tuesday doubled the planned tariffs on Canadian steel and aluminum imports to 50%, to go into effect on Wednesday morning. Any tariff hike is a potential hit to the operational and production
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News
- UK antitrust watchdog says SLB-ChampionX deal could lessen competition [Yahoo! Finance Canada]Yahoo! Finance Canada
- UK antitrust watchdog says SLB-ChampionX deal could lessen competition [Yahoo! Finance]Yahoo! Finance
- Trump's tariffs on steel, aluminum to raise costs for US energy firms, experts say [Yahoo! Finance]Yahoo! Finance
- Wall Street Analysts See a 46.01% Upside in ChampionX (CHX): Can the Stock Really Move This High? [Yahoo! Finance]Yahoo! Finance
- ChampionX's Aerial Optical Gas Imaging (AOGI) Platform Secures EPA Approval for Regulatory Compliance [Yahoo! Finance]Yahoo! Finance
CHX
Earnings
- 2/4/25 - Beat
CHX
Sec Filings
- 3/27/25 - Form 425
- 2/26/25 - Form 425
- 2/25/25 - Form 425
- CHX's page on the SEC website