KLX Energy Services (KLXE)

• Market cap: $75.4M
• 1 day: 1.36%
• 5 days: -5.89%
• 1 month: -25.25%
• 3 months: -28.25%
• 6 months: 0.68%
• Year to date: -59.69%
• 1 year: -59.55%
• 5 years: -85.39%
• 10 years: -97.02%
• Sector: Energy
• Industry: Oil & Gas Field Services

About: KLX Energy Services Holdings Inc is a provider of completion, intervention and production services and products to the onshore oil and gas producing regions of the United States. It serves the companies engaged in the exploration and development of onshore conventional and unconventional oil and natural gas reserves. Its products and services offerings include surface facilities and equipment, pressure control services, wireline services, fishing services, and engineered products. The company's segments include Southwest; Rocky Mountains and Northeast/Mid-Con region. It derives maximum revenue from Northeast/Mid-Con region.

Employees: 1,919

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

18% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 17

5% less capital invested

Capital invested by funds: $34.1M [Q2] → $32.5M (-$1.68M) [Q3]

5.59% less ownership

Funds ownership: 40.87% [Q2] → 35.29% (-5.59%) [Q3]

16% less funds holding

Funds holding: 80 [Q2] → 67 (-13) [Q3]

40% less call options, than puts

Call options by funds: $341K | Put options by funds: $568K

57% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 23