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

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Earnings data Q2 2023

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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 Services (KLXE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will KLX Energy Services (KLXE) Report Negative Q1 Earnings? What You Should Know

HOUSTON, May 26, 2021 /PRNewswire/ -- KLX Energy Services Holdings, Inc. ("KLXE" or the "Company") (NASDAQ: KLXE) announced today that it will release its fiscal first quarter 2021 financial results on Wednesday, June 9, 2021 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Thursday, June 10, 2021 at 10:00 a.m.

KLX Energy Services Announces Fiscal 2021 First Quarter Earnings Release And Conference Call Schedule

KLX Energy Services Holdings, Inc. (KLXE) CEO Chris Baker on Q4 2020 Results - Earnings Call Transcript

KLX Energy Services Hldgs (NASDAQ:KLXE) is currently down 29.33% to a price of $11.02. Thursday the stock has been traded at a volume of 220.70 thousand, about 217.33% of its recent 30-day volume average of 101.55 thousand.

Why KLX Energy Services Hldgs's Stock is Down During Today's Session

Shares of KLX Energy Services Hldgs (NASDAQ:KLXE) were flat after the company reported Q4 results. Quarterly Results Earnings per share decreased 558.93% over the past year to ($3.69), which missed the estimate of ($3.14).

Recap: KLX Energy Services Hldgs Q4 Earnings

HOUSTON, April 14, 2021 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLXE" or the "Company") today reported financial results for its fiscal fourth quarter and full fiscal year ("Fiscal 2020") ended January 31, 2021. Fiscal Fourth Quarter 2020 Highlights Revenue of $86.8 million increased $15.9 million, or 22.4% sequentially from the fiscal third quarter 2020 Net loss of $30.5 million decreased $7.8 million, or 20.4% sequentially from the fiscal third quarter 2020 Adjusted EBITDA loss of $2.6 million improved $2.8 million, compared to the fiscal third quarter 2020 Ended the fiscal fourth quarter with $47.1 million in cash and $82.0 million in total liquidity As of April 2021, successfully integrated the QES merger and fully implemented at least $46.0 million of cost synergies *See "Non-GAAP Financial Measures" at the end of this release for a discussion of Adjusted EBITDA and its reconciliation to the most directly comparable financial measure calculated and presented in accordance with U.S. generally accepted accounting principles ("GAAP").

KLX Energy Services Holdings, Inc. Reports Fiscal Fourth Quarter 2020 Results

HOUSTON, March 9, 2021 /PRNewswire/ -- KLX Energy Services Holdings, Inc. ("KLXE" or the "Company") (NASDAQ: KLXE) announced today that it will release its fiscal fourth quarter and full-year 2020 financial results on Wednesday, April 14, 2021 after the market closes. In conjunction with...

KLX Energy Services Announces Fiscal 2020 Fourth Quarter Earnings Release And Conference Call Schedule

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Should Value Investors Buy KLX Energy Services (KLXE) Stock?

KLX Energy Services Holdings, Inc. (KLXE) CEO Chris Baker on Q3 2020 Results - Earnings Call Transcript

HOUSTON, Dec. 07, 2020 (GLOBE NEWSWIRE) -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) (“KLXE” or the “Company”) today reported financial results for its fiscal third quarter ended October 31, 2020. On July 28, 2020, KLXE completed its previously announced merger with Quintana Energy Services, Inc. (“QES”) (the “Merger”) and the results for the three months ended October 31, 2020 include an entire quarter of combined results for both legacy KLXE and legacy QES.

KLX Energy Services Holdings, Inc. Reports Fiscal Third Quarter 2020 Results

HOUSTON, Nov. 25, 2020 (GLOBE NEWSWIRE) -- KLX Energy Services Holdings, Inc. (“KLXE” or the “Company”) (NASDAQ: KLXE) announced today that it will release its fiscal third quarter 2020 financial results on Monday, December 7, 2020 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Tuesday, December 8, 2020 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).

KLX Energy Services Announces Fiscal 2020 Third Quarter Earnings Release and Conference Call Schedule

HOUSTON, Sept.  08, 2020  (GLOBE NEWSWIRE) -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) (“KLXE” or the “Company”) announced that Chris Baker, President and Chief Executive Officer, and Keefer Lehner, EVP and Chief Financial Officer will participate in the Barclays CEO Energy-Power Virtual Conference.

KLX Energy to Participate in the Barclays CEO Energy-Power Virtual Conference

KLX Energy Services Holdings, Inc. (KLXE) CEO Christopher Baker on Q2 2020 Results - Earnings Call Transcript

HOUSTON, Sept.  02, 2020  (GLOBE NEWSWIRE) -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) (“KLXE” or the “Company”) today reported financial results for its fiscal second quarter ended July 31, 2020. On July 28, 2020, KLXE completed its previously announced merger with Quintana Energy Services Inc. (“QES”) and effected a one-for-five reverse stock split concurrently with closing the transaction. Given that the merger was completed at the end of the KLXE fiscal quarter ended July 31, 2020, results for KLXE largely reflect the performance of KLXE, and include three days of QES results.

KLX Energy Services Holdings, Inc. Reports Fiscal 2020 Second Quarter Results

HOUSTON, Aug.  18, 2020  (GLOBE NEWSWIRE) -- KLX Energy Services Holdings, Inc. (“KLXE” or the “Company”) (NASDAQ: KLXE) announced today that it will release its fiscal second quarter 2020 financial results on Wednesday, September 2, 2020 after the market closes.  In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Thursday, September 3, 2020 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).

KLX Energy Services Announces Fiscal 2020 Second Quarter Earnings Release and Conference Call Schedule

Earnings Preview: KLX Energy Services (KLXE) Q2 Earnings Expected to Decline

HOUSTON, July  28, 2020  (GLOBE NEWSWIRE) -- KLX Energy Services Holdings, Inc. (“KLXE” or the “Company”) (NASDAQ: KLXE) and Quintana Energy Services, Inc. (“QES”) (NYSE: QES) have successfully completed the all-stock merger transaction that was announced on May 3, 2020. The combined company will continue under the name KLX Energy Services Holdings, Inc.

KLX Energy Services and Quintana Energy Services Complete Merger

WELLINGTON, Fla., July  27, 2020  (GLOBE NEWSWIRE) -- KLX Energy Services Holdings, Inc. (“KLX Energy Services” or the “Company”) (NASDAQ:KLXE), a leading U.S. onshore provider of mission critical oilfield services, today announced that it will effect a 1-for-5 reverse stock split of its common stock that will be effective as of 7:30 a.m. Eastern Time tomorrow, July 28, 2020. KLXE’s common stock will begin trading on the Nasdaq Global Select Market on a split-adjusted basis when the market opens on Tuesday, July 28, 2020. KLX Energy Services anticipates that the reverse stock split will be effected immediately prior to closing of the Company’s pending merger with Quintana Energy Services Inc. (“QES”). The new CUSIP number for KLXE’s common stock following the reverse stock split is 48253L 205.

KLX Energy Services Announces Effectiveness of 1-for-5 Reverse Stock Split and Related Adjustment to Exchange Ratio for Merger

WELLINGTON, Fla., July  24, 2020  (GLOBE NEWSWIRE) -- KLX Energy Services Holdings, Inc. (“KLXE” or the “Company”) (NASDAQ:KLXE), a leading U.S. onshore provider of mission critical oilfield services, announced that KLXE’s stockholders have approved the issuance of KLXE’s common stock (the “Stock Issuance Proposal”) in connection with the proposed merger of an indirect wholly owned subsidiary of KLXE with and into Quintana Energy Services Inc. (“QES”) (NYSE:QES) pursuant to an agreement and plan of merger, dated as of May 3, 2020 (the “Merger Agreement”), by and among QES, KLXE and two wholly owned subsidiaries of KLXE. The proposal to approve the stock issuance in connection with the proposed merger was passed by stockholders voting at KLXE’s annual meeting of stockholders (the “KLXE Annual Meeting”) held virtually on July 24, 2020. On that same day, the stockholders of QES voted to adopt the Merger Agreement.

KLX Energy Services Stockholders Approve Stock Issuance in Connection with the Proposed Merger with Quintana Energy Services

Are Investors Undervaluing KLX Energy Services (KLXE) Right Now?

As of late, it has definitely been a great time to be an investor of KLX Energy Services

Will KLX Energy Services Continue to Surge Higher?

KLX Energy Services Holdings, Inc. (KLXE) CEO Thomas McCaffrey on Q1 2020 Results - Earnings Call Transcript

KLX Energy Services (KLXE) delivered earnings and revenue surprises of 30.71% and 8.50%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?

KLX Energy Services (KLXE) Reports Q1 Loss, Tops Revenue Estimates

Shares of KLX Energy Services Hldgs (NASDAQ:KLXE) fell 2.5% in pre-market trading after the company reported Q1 results.

News for KLX Energy Services Holdings Inc Stock (KLXE)