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ChampionX (CHX) Enhances Digital Solutions With ALP Acquisition
CHXChampionX(CHX) Zacks Investment Research·2024-02-28 21:56

ChampionX Corporation (CHX) completes the acquisition of Artificial Lift Performance Limited (“ALP”), based in Edinburgh, Scotland. The move reflects CHX's strategic focus on digital growth. The company aims to deliver end-to-end digital solutions, enhancing productivity and profitability for customers' producing assets.ALP specializes in advanced analytics solutions to enhance oil and gas production performance, particularly in developing artificial lift optimization software aimed at maximizing production ...