>>21624141>CHX - not doing much, dividend is pretty weak, what do you see in it?performed good since March 2022 when I bought it, few months ago it was confirmed that
SLB buys CHX for around 40$ per share or what thats when I sold CHX for ~38$
>Shares of ChampionX (CHX) jumped Tuesday after SLB (SLB) agreed to buy the rival oilfield services provider in an all-stock transaction valued at about $7.8 billion.1>SLB announced that ChampionX investors would receive 0.735 share of SLB for every share of ChampionX they owned. That works out to be $40.59 per share, a 14.7% premium over ChampionX’s closing price Monday.so yea the CHX trade is over I believe
>>21624141>RIG looks like a dog, what do you see in it? RIG I bought at the local top in April 2024, that wasnt a good entry in retrospect, but I will hold and believe it will profit from higher oil and gas prices and from more activity in the oil an gas industry
The chart looks like this ticker is a Dog, yes but I bet with 1% of my portfolio that it will gain in the future