v3.25.1
Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
YearSummary
Compensation
Table Total for
PEO(1)
Compensation Actually Paid to PEO(1)(2)Average Summary Compensation
Table Total for
Non-PEO
NEOs(3)
Average Compensation Actually Paid to
Non-PEO
NEOs(3)(2)
Value of Initial Fixed $100
Investment Based on:
Net
Income(5)
Annual TSR(6)
Total
Shareholder
Return(4)
Peer Group
Total
Shareholder
Return(4)
20247,830,1318,612,9202,305,2632,342,80583.1292.73327,129-5.6%
20237,622,2778,172,6512,442,0012,505,88388.26107.14318,7191.9%
20227,179,49711,733,1382,490,6323,948,59486.49107.11156,56344.6%
20215,775,2928,589,6912,042,9223,465,63259.8367.34114,24032.1%
20202,952,261(1,262,832)1,010,380351,93545.2956.62(742,353)-54.7%
       
Company Selected Measure Name Annual TSR        
Named Executive Officers, Footnote For 2024, 2023, 2022, 2021 and 2020, our PEO was Mr. Somasundaram.For 2024, 2023 and 2022, our non-PEO NEOs were Messrs. Fisher, Bryant, and Mahoney and Ms. Wright. For 2021, our non-PEO NEOs were Messrs. Fisher, Bryant and Mahoney and Ms. Wright, as well as Jay Nutt, who served as our Senior Vice President and Chief Financial Officer through January 2021. For 2020, our non-PEO NEOs were Messrs. Nutt and Mahoney, Ms. Wright, and Syed Raza, our Senior Vice President and Chief Digital Officer.        
Peer Group Issuers, Footnote The Company TSR and the Company’s Peer Group TSR reflected in these columns for each applicable fiscal year is calculated based on a fixed investment of $100 at the applicable measurement point on the same cumulative basis as is used in Item 201(e) of Regulation S-K. The peer group used to determine the Company’s Peer Group TSR for each applicable fiscal year is the following published industry index, as disclosed in our Annual Report on Form 10-K for the year ended December 31, 2024 pursuant to Item 201(e) of Regulation S-K: Philadelphia Oil Service Index (PHLX).        
PEO Total Compensation Amount $ 7,830,131 $ 7,622,277 $ 7,179,497 $ 5,775,292 $ 2,952,261
PEO Actually Paid Compensation Amount $ 8,612,920 8,172,651 11,733,138 8,589,691 (1,262,832)
Adjustment To PEO Compensation, Footnote In calculating the “compensation actually paid” amounts reflected in these columns, the fair value or change in fair value, as applicable, of the equity award adjustments included in such calculations were computed in accordance with FASB ASC Topic 718. The valuation assumptions used to calculate such fair values do not materially differ from the assumptions disclosed at the time of grant. We did not report a change in pension benefit values for any of the years reflected in the table, and therefore adjustments to pension benefit values were not included in calculating “compensation actually paid” amounts reflected in these columns.In the calculation of compensation actually paid and presented in the table, the following amounts were deducted and added:
PEO20242023202220212020
Total Compensation Reported in Summary Compensation Table for the Year Indicated7,830,1317,622,2777,179,4975,775,2922,952,261
Less, Grant Date Fair Value of Stock Awards Reported in the Summary Compensation Table for the Year Indicated(5,486,640)(5,373,069)(5,203,750)(3,932,766)(1,641,944)
Plus, Year-End Fair Value of Awards Granted in the Year Indicated that were Outstanding and Unvested at Year-End of Such Year4,968,6524,620,5747,255,4454,532,4942,642,678
Plus, Change in Fair Value of Awards Granted in Prior Years that were Outstanding and Unvested at Year-End (From Prior Year-End to Year-End)1,246,950344,3652,281,142942,330(3,816,849)
Plus, Change in Fair Value of Awards Granted in Prior Years that Vested in the Year Indicated (From Prior Year-End to Vesting Date)53,827958,505220,8051,272,342(1,398,978)
Total Adjustments782,789550,3744,553,6412,814,399(4,215,093)
Shares withheld to satisfy withholding taxes with respect to RSUs granted in 2024 at the time such RSUs were converted into shares of Restricted Stock under the Mitigation Agreement were valued on the date of conversion and the fair value of such shares on the conversion date is shown above as awards granted and vested in 2024.
       
Non-PEO NEO Average Total Compensation Amount $ 2,305,263 2,442,001 2,490,632 2,042,922 1,010,380
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,342,805 2,505,883 3,948,594 3,465,632 351,935
Adjustment to Non-PEO NEO Compensation Footnote In calculating the “compensation actually paid” amounts reflected in these columns, the fair value or change in fair value, as applicable, of the equity award adjustments included in such calculations were computed in accordance with FASB ASC Topic 718. The valuation assumptions used to calculate such fair values do not materially differ from the assumptions disclosed at the time of grant. We did not report a change in pension benefit values for any of the years reflected in the table, and therefore adjustments to pension benefit values were not included in calculating “compensation actually paid” amounts reflected in these columns.
Average of Non-PEO NEOs20242023202220212020
Average Total Compensation Reported in Summary Compensation Table for the Year Indicated2,305,2632,442,0012,490,6322,042,9221,010,380
Less, Average Grant Date Fair Value of Stock Awards Reported in the Summary Compensation Table for the Year Indicated(1,188,758)(1,336,536)(1,432,023)(1,099,468)(383,067)
Plus, Average Year-End Fair Value of Awards Granted in the Year Indicated that were Outstanding and Unvested at Year-End of Such Year502,537574,6771,002,840633,505303,859
Plus, Vesting Date Fair Value of Awards Granted in the Year Indicated that Vested in Such Year271,104
Plus, Average Change in Fair Value of Awards Granted in Prior Years that were Outstanding and Unvested at Year-End (From Prior Year-End to Year-End)69,46569,353251,642230,016(329,187)
Plus, Average Change in Fair Value of Awards Granted in Prior Years that Vested in the Year Indicated (From Prior Year-End to Vesting Date)41,14874,905253,855679,155(149,815)
Average Total Adjustments105,31863,8811,457,9621,450,698(658,446)
Shares withheld to satisfy withholding taxes with respect to RSUs granted in 2024 at the time such RSUs were converted into shares of Restricted Stock under the Mitigation Agreement were valued on the date of conversion and the fair value of such shares on the conversion date is shown above as awards granted and vested in 2024.
       
Compensation Actually Paid vs. Total Shareholder Return
2025 CAP to Annual TSR.jpg
       
Compensation Actually Paid vs. Net Income
2025 CAP to Net Income.jpg
       
Compensation Actually Paid vs. Company Selected Measure
2025 CAP to Cumulative TSR.jpg
       
Total Shareholder Return Vs Peer Group
2025 CHX TSR to Peer TSR_BW.jpg
       
Tabular List, Table
Most Important Financial Measures
Annual TSR
Consolidated Adjusted EBITDA
Consolidated Adjusted Free Cash Flow
       
Total Shareholder Return Amount $ 83.12 88.26 86.49 59.83 45.29
Peer Group Total Shareholder Return Amount 92.73 107.14 107.11 67.34 56.62
Net Income (Loss) $ 327,129 $ 318,719 $ 156,563 $ 114,240 $ 742,353
Company Selected Measure Amount (5.6) 1.9 44.6 32.1 (54.7)
PEO Name Mr. Somasundaram        
Additional 402(v) Disclosure Represents, in thousands, the amount of net income reflected in the Company’s audited financial statements for the year indicated.        
Measure:: 1          
Pay vs Performance Disclosure          
Name Annual TSR        
Non-GAAP Measure Description We have selected Annual TSR as our most important financial measure (that is not otherwise required to be disclosed in the table) used to link “compensation actually paid” to our NEOs to company performance for fiscal year 2024. Annual TSR is expressed as a percentage and calculated using the following formula: (a) the sum of the closing price of the Company’s Common Stock on the last business day of the fiscal year plus dividends per share paid in that year, less (b) the closing price of the Company’s Common Stock on the last business day of the prior fiscal year, divided by (c) the closing price of the Company’s Common Stock on the last business day of the prior fiscal year.        
Measure:: 2          
Pay vs Performance Disclosure          
Name Consolidated Adjusted EBITDA        
Measure:: 3          
Pay vs Performance Disclosure          
Name Consolidated Adjusted Free Cash Flow        
PEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 782,789 $ 550,374 $ 4,553,641 $ 2,814,399 $ (4,215,093)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,968,652 4,620,574 7,255,445 4,532,494 2,642,678
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,246,950 344,365 2,281,142 942,330 (3,816,849)
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (5,486,640) (5,373,069) (5,203,750) (3,932,766) (1,641,944)
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 53,827 958,505 220,805 1,272,342 (1,398,978)
Non-PEO NEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 105,318 63,881 1,457,962 1,450,698 (658,446)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 502,537 574,677 1,002,840 633,505 303,859
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 271,104 0 0 0 0
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,188,758) (1,336,536) (1,432,023) (1,099,468) (383,067)
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 69,465 69,353 251,642 230,016 (329,187)
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 41,148 $ 74,905 $ 253,855 $ 679,155 $ (149,815)