ChampionX Corporation (NASDAQ:CHX) Q2 2022 Earnings Conference Call July 27, 2022 9:00 AM ET

Company Participants

Byron Pope - VP, ESG and IR

Soma Somasundaram - President and CEO

Ken Fisher - EVP and CFO

Conference Call Participants

Dave Anderson - Barclays Capital

Chase Mulvehill - Bank of America

Stephen Gengaro - Stifel Nicolaus

Marc Bianchi - Cowen

Sean Mitchell - Daniel Energy Partners

Operator

Welcome to the ChampionX Second Quarter 2022 Earnings Conference Call. My name is Richard, and I'll be your operator for today's call. At this time, all participants are in a listen-only mode. Later, we'll conduct a question-and-answer session [Operator Instructions] As a reminder, the conference is being recorded.

I'll now turn the call over to Byron Pope. Sir, you may begin.

Byron Pope

Thank you. Good morning, everyone. With me today are Soma Somasundaram, President and CEO of ChampionX; and Ken Fisher, our Executive Vice President and CFO. During today's call, we will share some of the company's highlights. Ken will then discuss our second quarter results and third quarter outlook, before turning the call back to Soma for some summary thoughts. We will then open the call for Q&A.

During today's call, we will be referring to the slides posted on our Website. Let me remind all participants that some of the statements we will be making today are forward-looking. These matters involve risks and uncertainties that could cause material difference in our results from those projected in these statements. Therefore, I refer you to our latest 10-K filing and our other SEC filings for a discussion of some of the factors that could cause actual results to differ materially. Our comments today may also include non-GAAP financial measures. Additional details on reconciliations to the most directly comparable GAAP financial measures can be found in our second quarter press release, which is available on our website.

I will now turn the call over to Soma.

Soma Somasundaram

Thank you, Byron. Good morning, everyone. I would like to welcome our shareholders, employees and analysts to our second quarter 2022 earnings call. Thanks for joining us today.

I'm pleased with ChampionX's second quarter results. Our teams executed well, our performance was driven by robust top line growth across our business portfolio in both our international and North American markets, increasing price realization and we are well positioned to deliver strong adjusted EBITDA and adjusted EBITDA margin growth in the back half of the year.