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Apergy

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uuid000dpiw

Namestring
Apergy
Legal namestring
ChampionX
Websiteurl
apergy.com
Company typeenum
Private
Founded yearint
2017
Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersThe Woodlands, United States
HQ citystring
The Woodlands
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
artificial lift systems, production chemicals, oilfield technology solutions, downhole monitoring sensors, emissions monitoring services
Industry4 codes
1Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals)
CodeEUALABAHPrimaryYes
2Oilfield & Refining Specialty Chemicals
CodeIMAEABAIPrimaryNo
3Controls, Monitoring & Condition Management (for Pumps/Compressors)
CodeIMAHANAIPrimaryNo
4Gas Pipeline & Midstream Asset Management
CodeEUAEAMAFPrimaryNo
NAICS code4 codes
  • Oil and Gas Field Machinery and Equipment Manufacturing333132
  • Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables334513
  • Pump and Compressor Manufacturing33391
  • Mining and Oil and Gas Field Machinery Manufacturing33313
SIC code2 codes
  • Oil & Gas Field Machinery & Equipment3533
  • Wholesale-Petroleum & Petroleum Products (No Bulk Stations)5172
Product category
Oilfield Equipment & Services
Social media profiles2 records
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 9 records shown
1Wellmark
Description

Chemical injection products including pumps, skids, and control systems

championx.com
+8 more records
Core offering1 text field

Apergy (operating as ChampionX) designs, manufactures, and distributes engineered equipment, specialty chemicals, and digital monitoring/optimization solutions for upstream and midstream oil and gas operators. Its portfolio spans the industry's only full complement of artificial lift technologies (ESP, gas lift, jet lift, plunger lift, rod lift, progressing cavity pumping), production and midstream chemicals, valves and flow control, chemical injection systems, and emissions monitoring technologies. Distribution is conducted through direct enterprise sales and technical specialists to oil and gas operators globally, supported by brands including Norriseal Wellmark, Wellmark, Harbison-Fischer, UNBRIDLED, PCS Ferguson, Theta, and Windrock.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

ChampionX (formerly Apergy) is a leading provider of oilfield and gas technology solutions organized into six core product categories: Chemical Technologies (production chemicals, well construction/completion, enhanced oil recovery, water solutions, digitized operations), Artificial Lift Technologies (the industry's only full complement of ESP, gas lift, jet lift, plunger lift, rod lift, progressing cavity pumping, and production optimization software), Digital Monitoring and Optimization (cloud-based AI and IoT solutions including XSPOC software, Quartzdyne sensors, and Windrock monitoring), Valves and Flow Control (Norriseal Wellmark control valves and regulators), Chemical Injection Products (Wellmark pumps and skids), Emissions Technologies (AURA OGI cameras, SOOFIE continuous monitoring, LDAR surveys, drone surveys). The portfolio is supported by numerous specialized sub-brands including Ace Downhole, Alberta Oil Tool, Harbison-Fischer, Norriseal Wellmark, PCS Ferguson, UNBRIDLED ESP Systems, and Theta Automation. ChampionX operates as part of SLB following the 2025 acquisition.

Product and service17 records
1Chemical Technologies
CategoryChemical Technologies
Description

Advanced chemistry, technology, and engineering support solutions for upstream and midstream oil and gas operations, including production chemicals, midstream solutions (e.g., UltraFab H2S removal systems), well construction (drilling fluid and mud additives, cementing chemicals), well completion (acidizing, fracturing chemicals), enhanced oil recovery and well intervention, digitized operations (DREAM platform), and water solutions (RenewIQ).

2Artificial Lift Technologies
CategoryArtificial Lift Technologies
Description

The industry's only full complement of artificial lift technology and services, including ESP systems, gas lift, jet lift, plunger lift, rod lift, progressing cavity pumps, and production optimization software sold to upstream oil and gas operators.

3Digital Monitoring and Optimization
CategoryDigital Monitoring and Optimization
Description

Digital oilfield solutions providing on-demand remote visibility of assets via secure cloud computing, AI, and IoT, including XSPOC, DREAM, ESP Digital Ecosystem, SMARTEN Unify, LOOKOUT, Windrock, Quartzdyne sensors, and Theta consulting services for upstream operators.

4Valves and Flow Control
CategoryValves and Flow Control
Description

Norriseal Wellmark valve and control solutions including control valves, back pressure valves, check valves, butterfly valves, relief valves, and regulators for oil and gas applications.

5Emissions Technologies
CategoryEmissions Technologies
Description

Comprehensive emissions monitoring suite including Optical Gas Imaging (AURA OGI) cameras, continuous emissions monitoring (SOOFIE), LDAR surveys, drone and aerial surveys, and software analytics for regulatory compliance and environmental reporting.

6Chemical Injection Products
CategoryChemical Injection Products
Description

Wellmark chemical injection products including complete injection skids, solenoid diaphragm pumps, DC solar pumps, AC electric pumps, pneumatic pumps, and digital controls.

7Electrical Submersible Pumping (ESP) Systems
CategoryArtificial Lift Technologies
Description

Complete ESP systems including pumps, motors, gas handlers, protectors, sensors, cable, surface controls, and the ESP Digital Ecosystem for oil and gas well operators.

8Progressing Cavity Pumping Systems
CategoryArtificial Lift Technologies
Description

Progressing cavity pump systems including pumps, driveheads, variable speed drives, coiled rod, and automation solutions for upstream oil and gas operators.

9Rod Lift Systems
CategoryArtificial Lift Technologies
Description

Complete rod lift solutions including specialty rod pumps, subsurface components, sucker rods, HFX cage, separators, SmartSpin wireless sensors, and automation controls.

10Plunger Lift Systems
CategoryArtificial Lift Technologies
Description

Plunger lift technology including plungers, surface equipment, SMARTEN Unify control system, downhole equipment, and 8000 series controllers.

11Gas Lift Systems
CategoryArtificial Lift Technologies
Description

Gas lift solutions including mandrels, valves, packers, capillary systems, gauge systems, downhole sensors, and injection optimization.

12XSPOC Production Optimization Software
CategoryDigital Monitoring and Optimization
Description

Production optimization software for monitoring and optimizing artificial lift systems across the oilfield.

13DREAM Speed to Solution Platform & App
CategoryDigital Monitoring and Optimization
Description

AI-powered digitized operations platform and application enabling rapid problem-solving and decision support for chemical technologies operations across oilfield chemical programs.

14Quartzdyne Pressure & Temperature Sensors
CategoryDigital Monitoring and Optimization
Description

High-precision quartz pressure transducers and temperature sensors for downhole monitoring in oil and gas wells.

15Windrock Equipment Monitoring & Optimization
CategoryDigital Monitoring and Optimization
Description

Equipment monitoring solutions including portable analysis, enterprise asset optimization software, online monitoring systems, and auto-balancing tools.

16RenewIQ Water Treatment Program
CategoryChemical Technologies
Description

Comprehensive water treatment program for managing water quality in oil and gas operations.

17Integrated Solutions
CategoryIntegrated Solutions
Description

Combined solutions integrating chemical injection, automation, and chemical technologies with artificial lift systems including ESP, gas lift, and capillary systems for comprehensive well management.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Innospec's Performance Chemicals segment supplies oilfield specialty chemicals for production, midstream, and downstream applications. It competes directly with ChampionX's Chemical Technologies business for production chemistry and asset integrity contracts.

TypeEmerging player
Description

RPC provides a range of oilfield services including pressure pumping, coiled tubing, and well intervention. It is a smaller, U.S.-focused oilfield services peer with partial overlap to ChampionX's well intervention and production optimization services.

TypeDirect peer
Description

Halliburton is a global oilfield services major with directly overlapping product lines in ESP systems, gas lift, rod lift, and oilfield specialty chemicals (Multi-Chem). It competes head-to-head with ChampionX for upstream well optimization contracts across both North America and international markets.

TypeDirect peer
Description

Weatherford is a long-established oilfield services company with a strong artificial lift portfolio (ESP, gas lift, plunger lift) and production chemicals, making it one of the most direct peers to ChampionX's lift-agnostic model.

TypeDirect peer
Description

Baker Hughes is a global oilfield services major that offers Centrilift ESP systems, artificial lift services, and an oilfield specialty chemicals portfolio. It is one of the closest direct competitors to ChampionX's artificial lift and chemical technologies offering.

TypeDirect peer
Description

Flowserve is a leading manufacturer of pumps, valves, seals, and flow control automation for the oil & gas, power, and chemical industries. It is directly comparable to ChampionX's Norriseal-Wellmark valves, Jet Lift pump solutions, and ESP pump components.

TypeBroad incumbent
Description

NOV is a large, diversified oilfield equipment manufacturer covering drilling rigs, downhole tools, and production equipment. It is a broader incumbent that overlaps with ChampionX on artificial lift hardware and surface equipment for upstream operators.

TypeEmerging player
Description

Newpark Resources supplies drilling fluids, completion fluids, and oilfield mats to E&P operators. While smaller and more focused than ChampionX, it overlaps with ChampionX's well construction chemistry and drilling fluid additives offerings.

TypeBroad incumbent
Description

SLB is now ChampionX's parent and the world's largest oilfield services company. Pre-acquisition, SLB's REDA ESP systems, production chemistry, and digital production platforms directly competed with ChampionX; today SLB is the broader incumbent in which ChampionX is embedded.

TypeEmerging player
Description

Oceaneering provides offshore oilfield intervention, subsea robotics, and energy services. While more offshore-weighted than ChampionX, it overlaps in well intervention, downhole tooling, and production-support services for upstream operators.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability3 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature10 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries14 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Apergy

Oilfield Equipment & Servicesapergy.com

Apergy firmographics

Firmographics
Name
Apergy
Legal name
ChampionX
Website
https://apergy.com
Company type
Private
Founded year
2017
Operating status
Acquired
Headcount range
1,001–5,000 employees
Ownership category
akta.pro rank

Apergy industry classification

Industry
Product category
Oilfield Equipment & Services
NAICS
Oil and Gas Field Machinery and Equipment Manufacturing (333132), Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513), Pump and Compressor Manufacturing (33391), Mining and Oil and Gas Field Machinery Manufacturing (33313)
SIC
Oil & Gas Field Machinery & Equipment (3533), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)
akta.pro primary industry
Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)
akta.pro secondary industries
Oilfield & Refining Specialty Chemicals (IMAEABAI), Controls, Monitoring & Condition Management (for Pumps/Compressors) (IMAHANAI), Gas Pipeline & Midstream Asset Management (EUAEAMAF)

Keywords

  • Artificial lift systems
  • Production chemicals
  • Oilfield technology solutions
  • Downhole monitoring sensors
  • Emissions monitoring services

Where Apergy is headquartered

Location

Headquarters

HQ city
The Woodlands
HQ country
United States
HQ region
North America

Markets served

Apergy business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Distribution channels1 record

Marketing channels3 records

Apergy product offering

Product offering

Core offering

Apergy (operating as ChampionX) designs, manufactures, and distributes engineered equipment, specialty chemicals, and digital monitoring/optimization solutions for upstream and midstream oil and gas operators. Its portfolio spans the industry's only full complement of artificial lift technologies (ESP, gas lift, jet lift, plunger lift, rod lift, progressing cavity pumping), production and midstream chemicals, valves and flow control, chemical injection systems, and emissions monitoring technologies. Distribution is conducted through direct enterprise sales and technical specialists to oil and gas operators globally, supported by brands including Norriseal Wellmark, Wellmark, Harbison-Fischer, UNBRIDLED, PCS Ferguson, Theta, and Windrock.

Product overview

ChampionX (formerly Apergy) is a leading provider of oilfield and gas technology solutions organized into six core product categories: Chemical Technologies (production chemicals, well construction/completion, enhanced oil recovery, water solutions, digitized operations), Artificial Lift Technologies (the industry's only full complement of ESP, gas lift, jet lift, plunger lift, rod lift, progressing cavity pumping, and production optimization software), Digital Monitoring and Optimization (cloud-based AI and IoT solutions including XSPOC software, Quartzdyne sensors, and Windrock monitoring), Valves and Flow Control (Norriseal Wellmark control valves and regulators), Chemical Injection Products (Wellmark pumps and skids), Emissions Technologies (AURA OGI cameras, SOOFIE continuous monitoring, LDAR surveys, drone surveys). The portfolio is supported by numerous specialized sub-brands including Ace Downhole, Alberta Oil Tool, Harbison-Fischer, Norriseal Wellmark, PCS Ferguson, UNBRIDLED ESP Systems, and Theta Automation. ChampionX operates as part of SLB following the 2025 acquisition.

Differentiator

Problem solved

Functional benefit

Brands

  • Wellmark: Chemical injection products including pumps, skids, and control systems
  • Norriseal
  • Quartzdyne
  • UNBRIDLED
  • SMARTEN
  • LOOKOUT
  • RenewIQ
  • SOOFIE
  • AURA OGI

Products and services

  • Chemical Technologies Advanced chemistry, technology, and engineering support solutions for upstream and midstream oil and gas operations, including production chemicals, midstream solutions (e.g., UltraFab H2S removal systems), well construction (drilling fluid and mud additives, cementing chemicals), well completion (acidizing, fracturing chemicals), enhanced oil recovery and well intervention, digitized operations (DREAM platform), and water solutions (RenewIQ).
  • Artificial Lift Technologies The industry's only full complement of artificial lift technology and services, including ESP systems, gas lift, jet lift, plunger lift, rod lift, progressing cavity pumps, and production optimization software sold to upstream oil and gas operators.
  • Digital Monitoring and Optimization Digital oilfield solutions providing on-demand remote visibility of assets via secure cloud computing, AI, and IoT, including XSPOC, DREAM, ESP Digital Ecosystem, SMARTEN Unify, LOOKOUT, Windrock, Quartzdyne sensors, and Theta consulting services for upstream operators.
  • Valves and Flow Control Norriseal Wellmark valve and control solutions including control valves, back pressure valves, check valves, butterfly valves, relief valves, and regulators for oil and gas applications.
  • Emissions Technologies Comprehensive emissions monitoring suite including Optical Gas Imaging (AURA OGI) cameras, continuous emissions monitoring (SOOFIE), LDAR surveys, drone and aerial surveys, and software analytics for regulatory compliance and environmental reporting.
  • Chemical Injection Products Wellmark chemical injection products including complete injection skids, solenoid diaphragm pumps, DC solar pumps, AC electric pumps, pneumatic pumps, and digital controls.
  • Electrical Submersible Pumping (ESP) Systems Complete ESP systems including pumps, motors, gas handlers, protectors, sensors, cable, surface controls, and the ESP Digital Ecosystem for oil and gas well operators.
  • Progressing Cavity Pumping Systems Progressing cavity pump systems including pumps, driveheads, variable speed drives, coiled rod, and automation solutions for upstream oil and gas operators.
  • Rod Lift Systems Complete rod lift solutions including specialty rod pumps, subsurface components, sucker rods, HFX cage, separators, SmartSpin wireless sensors, and automation controls.
  • Plunger Lift Systems Plunger lift technology including plungers, surface equipment, SMARTEN Unify control system, downhole equipment, and 8000 series controllers.
  • Gas Lift Systems Gas lift solutions including mandrels, valves, packers, capillary systems, gauge systems, downhole sensors, and injection optimization.
  • XSPOC Production Optimization Software Production optimization software for monitoring and optimizing artificial lift systems across the oilfield.
  • DREAM Speed to Solution Platform & App AI-powered digitized operations platform and application enabling rapid problem-solving and decision support for chemical technologies operations across oilfield chemical programs.
  • Quartzdyne Pressure & Temperature Sensors High-precision quartz pressure transducers and temperature sensors for downhole monitoring in oil and gas wells.
  • Windrock Equipment Monitoring & Optimization Equipment monitoring solutions including portable analysis, enterprise asset optimization software, online monitoring systems, and auto-balancing tools.
  • RenewIQ Water Treatment Program Comprehensive water treatment program for managing water quality in oil and gas operations.
  • Integrated Solutions Combined solutions integrating chemical injection, automation, and chemical technologies with artificial lift systems including ESP, gas lift, and capillary systems for comprehensive well management.

Companies that use Apergy

Customer profile

Segments2 records

Ideal customer profiles2 records

Apergy technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature10 records

Apergy partnerships and signals

Strategic signal

Recent moves6 records

Expansion highlights5 records

Apergy competitors and assessment

Company assessment

Direct peers

  • Innospec: Innospec's Performance Chemicals segment supplies oilfield specialty chemicals for production, midstream, and downstream applications. It competes directly with ChampionX's Chemical Technologies business for production chemistry and asset integrity contracts.
  • Halliburton: Halliburton is a global oilfield services major with directly overlapping product lines in ESP systems, gas lift, rod lift, and oilfield specialty chemicals (Multi-Chem). It competes head-to-head with ChampionX for upstream well optimization contracts across both North America and international markets.
  • Weatherford International: Weatherford is a long-established oilfield services company with a strong artificial lift portfolio (ESP, gas lift, plunger lift) and production chemicals, making it one of the most direct peers to ChampionX's lift-agnostic model.
  • Baker Hughes: Baker Hughes is a global oilfield services major that offers Centrilift ESP systems, artificial lift services, and an oilfield specialty chemicals portfolio. It is one of the closest direct competitors to ChampionX's artificial lift and chemical technologies offering.
  • Flowserve: Flowserve is a leading manufacturer of pumps, valves, seals, and flow control automation for the oil & gas, power, and chemical industries. It is directly comparable to ChampionX's Norriseal-Wellmark valves, Jet Lift pump solutions, and ESP pump components.

Emerging players

  • RPC Inc. RPC provides a range of oilfield services including pressure pumping, coiled tubing, and well intervention. It is a smaller, U.S.-focused oilfield services peer with partial overlap to ChampionX's well intervention and production optimization services.
  • Newpark Resources: Newpark Resources supplies drilling fluids, completion fluids, and oilfield mats to E&P operators. While smaller and more focused than ChampionX, it overlaps with ChampionX's well construction chemistry and drilling fluid additives offerings.
  • Oceaneering International: Oceaneering provides offshore oilfield intervention, subsea robotics, and energy services. While more offshore-weighted than ChampionX, it overlaps in well intervention, downhole tooling, and production-support services for upstream operators.

Broad incumbents

  • National Oilwell Varco (NOV): NOV is a large, diversified oilfield equipment manufacturer covering drilling rigs, downhole tools, and production equipment. It is a broader incumbent that overlaps with ChampionX on artificial lift hardware and surface equipment for upstream operators.
  • SLB (Schlumberger): SLB is now ChampionX's parent and the world's largest oilfield services company. Pre-acquisition, SLB's REDA ESP systems, production chemistry, and digital production platforms directly competed with ChampionX; today SLB is the broader incumbent in which ChampionX is embedded.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Apergy social profiles

Digital presence

Apergy financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Apergy leadership team

Management profile

Number of profiles

Apergy subsidiaries and ownership

Company hierarchy

Subsidiaries14 records

Apergy funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Apergy M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Apergy

What does Apergy do?

Apergy (operating as ChampionX) designs, manufactures, and distributes engineered equipment, specialty chemicals, and digital monitoring/optimization solutions for upstream and midstream oil and gas operators. Its portfolio spans the industry's only full complement of artificial lift technologies (ESP, gas lift, jet lift, plunger lift, rod lift, progressing cavity pumping), production and midstream chemicals, valves and flow control, chemical injection systems, and emissions monitoring technologies. Distribution is conducted through direct enterprise sales and technical specialists to oil and gas operators globally, supported by brands including Norriseal Wellmark, Wellmark, Harbison-Fischer, UNBRIDLED, PCS Ferguson, Theta, and Windrock.

Is Apergy a public or private company?

Apergy is a private company. It is classified as corporate owned and is currently acquired.

When was Apergy founded?

Apergy was founded in 2017. It employs 1,001 to 5,000 people.

Where is Apergy based?

Apergy is headquartered in The Woodlands, United States, in the North America region.

Who are Apergy's main competitors?

Direct peers on record are Innospec, Halliburton, Weatherford International, Baker Hughes and Flowserve. Emerging players are RPC Inc., Newpark Resources and Oceaneering International. Broad incumbents are National Oilwell Varco (NOV) and SLB (Schlumberger).

Does Apergy have an API?

No public API is recorded for Apergy.

What industry is Apergy in?

Apergy's product category is Oilfield Equipment & Services. Its primary akta.pro industry code is EUALABAH, Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals), with a secondary code of IMAEABAI, Oilfield & Refining Specialty Chemicals. Its NAICS code is 333132 and its SIC code is 3533.

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Live signals
GlobeNewswireApergy and ChampionX Complete Merger to Create the New ChampionXChampionX Corporation completed the merger of Apergy and ChampionX Holding, trading under the symbol CHX. The deal is expected to deliver $75 million in cost synergies and immediate balance-sheet deleveraging. New board members Heidi Alderman and Stuart Porter joined the seven existing directors.BenzingaBenzinga's Top Upgrades, Downgrades For June 1, 2020Benzinga published a summary of analyst stock rating changes on June 1, 2020, covering upgrades, downgrades, and initiations across multiple companies. The article documented seven upgrades (Macrogenics, FormFactor, Keysight Technologies, Apergy, Teva Pharmaceutical, Viavi Solutions, Hess), five downgrades (NextCure, Vail Resorts, Harmonic, CytomX Therapeutics, Occidental Petroleum), and six new coverage initiations (Becton Dickinson, Drive Shack, CarMax, S&T Bancorp, RAPT Therapeutics, Allena Pharmaceuticals) from firms including Guggenheim, JP Morgan, Citigroup, Goldman Sachs, and others.GlobeNewswireApergy Shareholders Approve Merger with ChampionXApergy shareholders approved the merger with ChampionX, with over 99% voting in favor. The deal is expected to close in the second quarter of 2020, and the combined company will be renamed ChampionX Corporation with ticker CHX.BenzingaWhy Apergy's Stock Is Trading Higher TodayApergy Corp reported first-quarter sales of $261.4 million, beating the analyst consensus estimate of $247.6 million, though earnings of 4 cents per share missed the expected 6 cents. The company's stock surged 17.63% to $10.14 per share following the report. Apergy provides engineered equipment and technologies for oil and gas drilling and production operations worldwide.SecS-4Ecolab Inc. filed a registration statement with the SEC to facilitate an exchange offer allowing its stockholders to swap Ecolab shares for ChampionX common stock, which will subsequently merge into Apergy Corporation. This transaction is part of a broader corporate restructuring where Ecolab's ChampionX business is being separated and combined with Apergy, resulting in pre-merger ChampionX holders owning approximately 62% of the new entity. The aggregate value of the consideration for this transaction was estimated at approximately $3.25 billion as of February 10, 2020.GlobeNewswireApergy to Combine with Ecolab’s Upstream Energy Business in a Tax-Free Transaction, Creating a Global Leader in Production-Optimization SolutionsApergy and Ecolab approved a tax-free merger combining Apergy with Ecolab's ChampionX upstream energy business. The combined company is expected to generate $3.5 billion in pro forma 2019 revenue and $75 million in annual cost synergies within 24 months. The deal is expected to close by the end of Q2 2020.GlobeNewswireApergy UNBRIDLED ESP Systems Installs Permanent Magnet Motor Powered by its SMARTEN Variable Speed DriveApergy UNBRIDLED ESP Systems and Reynolds Lift Technologies installed an ESP system with a modular permanent magnet motor and SMARTEN variable speed drive for a Mid-Continent customer. The system produced 3,800 barrels per day on the first start, and the drive protects personnel from back-spinning voltage.GlobeNewswireApergy to Host Investor DayApergy Corporation announced it will host an Investor Day on March 6, 2019, in New York City, with a live webcast and replay available on its website. The company, a provider of oil and gas drilling and production equipment, will post slides and a replay for approximately 90 days.GlobeNewswireApergy to Participate in the Simmons Annual Energy ConferenceApergy Corporation announced that CEO Sivasankaran Somasundaram and CFO Jay Nutt will attend the 2019 Simmons Annual Energy Conference in Las Vegas on February 27-28, 2019. The company's presentation will be available on its website prior to the meetings.PR NewswireApergy Earns Acclaim from Frost & Sullivan for Offering a Full Range of Wellsite Lifecycle Solutions for the Oil and Gas IndustryFrost & Sullivan recognized Apergy with the 2018 Global Customer Value Leadership Award for its integrated wellsite lifecycle management solutions serving the oil and gas industry. The award specifically highlights Apergy's end-to-end equipment and technology services, including IIoT-powered systems and digital solutions that help operators drill and produce oil and gas more efficiently. The recognition also noted that over 90% of wells in unconventional US basins are located within two miles of an Apergy service center, enabling response times of less than 24 hours.