KLX Energy Services Holdings Inc

KLX Energy Services Holdings, Inc. engages in the provision of completion, intervention and production services and products to onshore oil and gas producing regions. It operates through the following geographical segments: Southwest, Rocky Mountains and Northeast. The company was founded in 2018 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

KLX Energy Services reports strong Q4 earnings and eyes industry growth

KLX Energy Services Holdings Inc (KLXE) delivered robust financial results in Q4 2022, driven by strong revenue, profitability, and debt reduction.
The acquisition of Greene's Energy Group LLC bolsters KLX's service offerings and revenue potential, setting the stage for future growth.
Despite challenges such as integration risks and industry volatility, KLX remains optimistic about its growth prospects and strategic initiatives for 2023.

KLX Energy Services excels in Q1 2023, poised for growth

KLX Energy Services delivered a strong Q1 performance, showcasing revenue growth, successful acquisitions, and operational excellence.
Despite challenges in networking capital and analyst inquiries, the company's strengths in credit metrics, liquidity, and strategic planning position it for future success.
Opportunities for growth through M&A, market expansion, and operational enhancements align with KLX's positive outlook and performance trajectory for 2023.

KLX Energy Services reports strong Q2 earnings and eyes consolidation

KLX Energy Services delivered a robust performance in Q2 2023, marked by strong financial metrics and operational achievements.
The company's strategic focus on reducing debt, generating free cash flow, and pursuing consolidation opportunities bodes well for future growth.
While facing challenges in revenue growth and capital expenditure management, KLX remains poised to leverage market opportunities and drive shareholder value.
With a positive market outlook and disciplined financial approach, KLX Energy Services is well-positioned for sustainable growth and value creation.

KLX Energy Services reports solid Q3 performance and eyes growth opportunities in 2024

KLX Energy Services delivered a strong Q3 performance, exceeding revenue and EBITDA guidance, while maintaining margins and generating free cash flow.
Despite challenges like a seasonal slowdown, the company's solid financial position, optimistic outlook, and growth opportunities position it well for the future.
Investors can be encouraged by KLX's balanced revenue mix, improved cash position, and strategic focus on free cash flow generation and market opportunities.

KLX Energy Services reports record 2023 revenue, eyes growth opportunities

KLX Energy Services' 2023 performance showcased resilience in a challenging market environment, with a strategic focus on high-grading their customer base and leveraging new technologies. While facing short-term challenges, the company remains poised for growth through operational efficiencies and strategic investments.

KLX Energy Services reports Q1 revenue of $175M, anticipates Q2 growth

KLX Energy Services navigated challenges in Q1, focusing on operational achievements and cost-cutting measures to drive future profitability. The company aims for sequential improvement in Q2, with a revenue forecast of $180-200 million and adjusted EBITDA margins of 9-11%. Analyst questions centered on profitability, balance sheet protection, refinancing, potential deals, and cost-cutting impact on the P&L.

KLX Energy Services reports strong Q3 earnings, eyes capital refinancing

KLX Energy Services Holdings Inc (KLXE) delivered robust Q3 results, showcasing operational strength and effective cost management. The company's focus on completion activities and downhole technology, along with a strong revenue distribution across key regions, underpins its growth potential. KLX's consideration of capital structure refinancing reflects a proactive approach to leverage opportunities for future growth.

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KLX Energy is a growing oil and gas service company operating in US shale basins. The company has shifted from losses to profits, indicating improved financial performance. We believe KLXE will refinance costly bonds in late 2023 or early 2024, which will further improve its balance sheet.

KLX Energy: Corporate Turnaround Into Debt Refinancing

HOUSTON , Sept. 7, 2023 /PRNewswire/ -- KLX Energy Services Holdings, Inc. ("KLX" or the "Company") (NASDAQ: KLXE) today announced that executive management will participate in the H.C.

KLX Energy Services to Participate in the H.C. Wainwright 25th Annual Global Investment Conference

HOUSTON , Aug. 31, 2023 /PRNewswire/ -- KLX Energy Services Holdings, Inc. ("KLX" or the "Company") (NASDAQ: KLXE) today announced that executive management will participate in the 2023 Barclays CEO Energy-Power Conference to be held in New York City September 5-7, 2023. In conjunction with hosting one-on-one meetings with investors, the KLX investor presentation will be accessible by visiting the "Upcoming Events" section of the Company's website at https://investor.klxenergy.com/events-and-presentations/events.

KLX Energy Services to Participate in the 2023 Barclays CEO Energy-Power Conference

HOUSTON , Aug. 14, 2023 /PRNewswire/ -- KLX Energy Services Holdings, Inc. ("KLX" or the "Company") (NASDAQ: KLXE) today announced that it will present and host one-on-one meetings with investors at the Sidoti August Virtual Investor Conference on August 16, 2023. The Company's presentation will begin at 4:00 pm EDT on August 16 th and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_4B_HwOMBRNmVhIfbtPZZ1g.

KLX Energy Services to Present at Sidoti Virtual Investor Conference on August 16th

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE ) Q2 2023 Earnings Conference Call August 10, 2023 10:00 AM ET Company Participants Zach Vaughan - Dennard Lascar, Investor Relations Christopher Baker - President & Chief Executive Officer Keefer Lehner - Executive Vice President and Chief Financial Officer Conference Call Participants David Marsh - Singular Research Luke Lemoine - Piper Sandler Operator Greetings, and welcome to the KLX Energy Services Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

KLX Energy Services Holdings, Inc. (KLXE) Q2 2023 Earnings Call Transcript

KLX Energy Services (KLXE) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to loss of $0.67 per share a year ago.

KLX Energy Services (KLXE) Beats Q2 Earnings Estimates

Regional and Product Service Line diversification drives higher adjusted EBITDA, adjusted EBITDA margin and free cash flow HOUSTON , Aug. 9, 2023 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLX", the "Company", "we", "us" or "our") today reported financial results for the second quarter ended June 30, 2023. Note that the first quarter 2023 results include only a partial month impact post closing the acquisition of Greene's Energy Group, LLC ("Greene's") on March 8, 2023.

KLX ENERGY SERVICES HOLDINGS, INC. REPORTS SECOND QUARTER 2023 RESULTS

HOUSTON , July 19, 2023 /PRNewswire/ -- KLX Energy Services Holdings, Inc. ("KLX" or the "Company") (NASDAQ: KLXE) announced today that it will report its 2023 second quarter financial results prior to the Company's live conference call, which can be accessed via dial-in or webcast, on Thursday, August 10, 2023 at 10:00 a.m. Eastern Time (9:00 a.m.

KLX ENERGY SERVICES ANNOUNCES 2023 SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

The increased availability of funds under the facility contributes to KLX Energy Services Holdings' (KLXE) overall liquidity, providing a stronger financial position.

KLX Energy (KLXE) Amends Credit Facility, Gets More Funds

Provides Significant Financial Flexibility – Extending Maturity and Increasing Facility Size HOUSTON , June 20, 2023 /PRNewswire/ -- KLX Energy Services Holdings, Inc. ("KLX" or the "Company") (NASDAQ: KLXE) today announced that it has entered into a Fourth Amendment (the "Amendment") to the Credit Agreement governing the Company's asset-based lending facility (the "ABL Facility"), led by JPMorgan Chase Bank, N.A. ("JPM"), which amends KLX's existing Credit Agreement, dated as of August 10, 2018 (as amended, the "Credit Agreement").

KLX Energy Services Announces Amendment and Extension of Its ABL Credit Facility, Including Additional Borrowing Capacity

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KLX Energy Services (KLXE) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to loss of $1.98 per share a year ago.

KLX Energy Services (KLXE) Q1 Earnings and Revenues Surpass Estimates

HOUSTON , May 10, 2023 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLX", the "Company", "we", "us" or "our") today reported financial results for the first quarter ended March 31, 2023. Note that the first quarter 2023 results include only a partial month impact post closing the acquisition of Greene's Energy Group, LLC ("Greene's") on March 8, 2023.

KLX ENERGY SERVICES HOLDINGS, INC. REPORTS RECORD FIRST QUARTER 2023 RESULTS

HOUSTON , April 27, 2023 /PRNewswire/ -- KLX Energy Services Holdings, Inc. ("KLX" or the "Company") (NASDAQ: KLXE) announced today that it will report its 2023 first quarter financial results prior to the Company's live conference call, which can be accessed via dial-in or webcast, on Thursday, May 11, 2023 at 10:00 a.m. Eastern Time (9:00 a.m.

KLX ENERGY SERVICES ANNOUNCES 2023 FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

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KLX Energy Services Holdings, Inc. (NASDAQ:KLXE ) Q4 2022 Earnings Conference Call March 9, 2023 10:00 AM ET Company Participants Ken Dennard - Dennard Lascar Associates Chris Baker - President & CEO Keefer Lehner - EVP & CFO Conference Call Participants Luke Lemoine - Piper Sandler Ignacio Bernaldez - EF Hutton John Daniel - Daniel Energy Partners David Marsh - Singular Research Operator Greetings. Welcome to KLX Energy Services Fourth Quarter 2022 Earnings Conference Call.

KLX Energy Services Holdings, Inc. (KLXE) Q4 2022 Earnings Call Transcript

Greene's wellhead protection, flowback and well testing services augment KLX's frac rental and flowback product lines Transaction Highlights  Highly complementary product and service offering with common culture focused on performance, safety and returns Expected to be accretive to KLX on all financial metrics Meaningful annualized cost synergies, which we believe are achievable within twelve months Deleveraging transaction Enhances combined company's ability to effect further industry consolidation HOUSTON , March 8, 2023 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (NASDAQ: KLXE), ("KLX" or the "Company") announced today it has acquired all of the equity interests of Greene's Energy Group, LLC ("Greene's"), including $1.7 million in cash remaining with Greene's, in an all-stock transaction. The total consideration for the acquisition consisted of the issuance of approximately 2.4 million shares of KLX common stock, par value $0.01 per share, subject to customary post-closing adjustments, with an implied enterprise value of approximately $30.3 million based on a 30-day volume weighted average price ("VWAP") as of March 7, 2023 and less acquired cash.

KLX Energy Services Completes Acquisition of Greene's Energy Group in a Deleveraging, Accretive All-Stock Transaction, Adding Scope and Scale to its Southwest Segment

HOUSTON , March 8, 2023 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLX", the "Company", "we", "us" or "our") today reported financial results for the fourth quarter ended December 31, 2022. We also make reference to the three months ended December 31, 2021 ("Pro Forma Prior Year Fourth Quarter") and the twelve months ended December 31, 2021 ("Pro Forma Prior Fiscal Year").

KLX ENERGY SERVICES HOLDINGS, INC. REPORTS RECORD FOURTH QUARTER 2022 RESULTS

Company also sets fourth quarter 2022 conference call for March 9, 2023 HOUSTON , Feb. 21, 2023 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLX", the "Company", "we", "us" or "our") today announced preliminary financial results for the fourth quarter ended December 31, 2022. Preliminary Fourth Quarter 2022 Financial and Operational Highlights Estimated Revenue range of $221.5 million to $223.5 million Estimated Net Income range of $12.0 million to $13.5 million Estimated Adjusted EBITDA range of $35.7 million to $37.6 million Estimated Cash balance of $57.4 million, a 39% increase relative to third quarter Estimated Total Debt decreased by $12.2 million since third quarter to $283.4 million Estimated Net Debt decreased by $28.2 million since third quarter to $226.0 million See "Non-GAAP Financial Measures" at the end of this release for a discussion of Adjusted EBITDA, Net Debt, Annualized Net Leverage Ratio and their reconciliations to the most directly comparable financial measures calculated and presented in accordance with U.S. generally accepted accounting principles ("GAAP").

KLX ENERGY SERVICES HOLDINGS, INC. PROVIDES PRELIMINARY FOURTH QUARTER 2022 RESULTS

HOUSTON , Dec. 6, 2022 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (NASDAQ: KLXE), ("KLX" or the "Company") announced today that it will present at the Singular Research "Best of the Uncovered" Investor Conference in San Francisco on Thursday, December 8, 2022 at 10:45 A.M. Eastern Savings Time (7:45 A.M.

KLX Energy Services to Present at the Upcoming Singular Research "Best of the Uncovered" Investor Conference

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KLX Energy Services Holdings, Inc. (NASDAQ:KLXE ) Q3 2022 Earnings Conference Call November 10, 2022 8:30 AM ET Company Participants Ken Dennard - Dennard Lascar Associates Christopher Baker - President & CEO Keefer Lehner - EVP & CFO Conference Call Participants Luke Lemoine - Piper Sandler Operator Greetings, and welcome to the KLX Energy Services Third Quarter Earnings Conference Call. [Operator Instructions].

KLX Energy Services Holdings, Inc. (KLXE) Q3 2022 Earnings Call Transcript

HOUSTON , Nov. 9, 2022 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLX", the "Company", "we", "us" or "our") today reported financial results for the third quarter ended September 30, 2022. We also make reference to the three months ended September 30, 2021 ("Pro Forma Prior Year Third Quarter").

KLX ENERGY SERVICES HOLDINGS, INC. REPORTS RECORD THIRD QUARTER 2022 RESULTS

HOUSTON , Oct. 24, 2022 /PRNewswire/ -- KLX Energy Services Holdings, Inc. ("KLXE" or the "Company") (NASDAQ: KLXE) announced today that it will report its 2022 third quarter financial results prior to the Company's live conference call, which can be accessed via dial-in or webcast, on Thursday, November 10, 2022 at 10:00 a.m. Eastern Time (9:00 a.m.

News for KLX Energy Services Holdings Inc Stock (KLXE)