ChampionX Captures Top Honors in Multiple Categories in Independent Customer Survey, Achieving Strong Scores in Artificial Lift, Production Chemicals and Digital Oilfield Offerings
THE WOODLANDS, Texas, May 22, 2023 - ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) has earned the top honors for the third consecutive year in Artificial Lift, Production Chemicals, and Intelligent Sensors and Controls in the 2023 Oilfield Products Customer Satisfaction Survey conducted by EnergyPoint Research.
ChampionX also earned top recognition for the second year in a row in Surface Production Equipment and Completion Fluids, and it was named the top company in the Downhole Completion Equipment category, a new honor for the organization.
This year’s survey results reflect the opinions of more than 4,200 customer evaluations concerning major global oilfield product suppliers. Companies were evaluated in multiple attributes, including total satisfaction, pricing and value, performance and reliability, engineering and design, digital oilfield, personnel, and others, across multiple product categories and applications.
Sivasankaran “Soma” Somasundaram, President and Chief Executive Officer, stated, “At ChampionX we are committed to continuous improvement, delivering high-quality products services, and advocating for our customers – all of which we see reflected in these EnergyPoint honors. Our continued success across six unique categories reflects our global team members’ efforts to exceed customer expectations every day. I am thankful for our employee’s dedication to quality, service, and customer driven innovation - differentiators that set ChampionX apart.”
“Additionally, having won top honors in several of these categories across multiple years is a good indication that we are focused on the right thing – aligning our success with the success of our customers.”
Doug Sheridan, Managing Director and founder of EnergyPoint, commented on this year’s results, “The 2023 survey reflects a return to more normal times in the oilfield products market. That means customers are looking for products that deliver reliable performance and reduce costs. Many top-rated suppliers used the last few years to invest in areas that both enhance their products’ capabilities and value propositions–and it shows.” Sheridan added, “We congratulate all of this year’s winners for their resilience and commitment to customers in particularly trying times.”
About EnergyPoint Research
EnergyPoint Research is an independent firm that specializes in customer satisfaction and other research in the global energy industry. The firm has published annual customer satisfaction ratings and rankings in various segments, including land drillers, offshore drillers, oilfield products, oilfield services, and midstream services since 2003. To learn more about EnergyPoint and its independent surveys, please visit the company’s website at www.energypointresearch.com.
ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely, efficiently, and sustainably around the world. ChampionX’s expertise, innovative products, and digital technologies provide enhanced oil and gas production, transportation, and real-time emissions monitoring throughout the lifecycle of a well. To learn more about ChampionX, visit our website at www.championX.com.
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