KLX Energy ServicesKLXE
KLXE
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
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
2.39% less ownership
Funds ownership: 35.3% [Q3] → 32.91% (-2.39%) [Q4]
6% less funds holding
Funds holding: 67 [Q3] → 63 (-4) [Q4]
15% less capital invested
Capital invested by funds: $32.6M [Q3] → $27.6M (-$4.92M) [Q4]
59% less call options, than puts
Call options by funds: $202K | Put options by funds: $495K
Research analyst outlook
We haven’t received any recent analyst ratings for KLXE.
Financial journalist opinion
Positive
Zacks Investment Research
1 month ago
KLX Energy Services (KLXE) Moves 7.4% Higher: Will This Strength Last?
KLX Energy Services (KLXE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Neutral
Seeking Alpha
3 months ago
KLX Energy Services Holdings, Inc. (KLXE) Q3 2024 Earnings Call Transcript
KLX Energy Services Holdings, Inc. (NASDAQ:KLXE ) Q3 2024 Earnings Conference Call November 1, 2024 11:00 AM ET Company Participants Ken Dennard - Investor Relations Chris Baker - President & Chief Executive Officer Keefer Lehner - EVP & Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti & Company Blake McLean - Daniel Energy Partners Operator Greetings, and welcome to the KLX Energy Services 2024 Third Quarter Earnings Conference Call. This time all participants are in listen-only mode.
Negative
Zacks Investment Research
3 months ago
KLX Energy Services (KLXE) Reports Q3 Loss, Tops Revenue Estimates
KLX Energy Services (KLXE) came out with a quarterly loss of $0.40 per share versus the Zacks Consensus Estimate of a loss of $0.48. This compares to earnings of $0.51 per share a year ago.
Neutral
PRNewsWire
3 months ago
KLX ENERGY SERVICES HOLDINGS, INC. REPORTS THIRD QUARTER 2024 RESULTS
HOUSTON , Oct. 31, 2024 /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, 2024. Third Quarter 2024 Financial Highlights Revenue of $189 million Net loss of $(8) million and diluted loss per share of $(0.51) Adjusted EBITDA of $28 million Net loss margin of (4)% Adjusted EBITDA margin of 15% Cash balance of $83 million Total Debt and Net Debt of $285 million and $203 million, respectively Liquidity of $126 million, consisting of approximately $83 million of cash and approximately $43 million of availability not borrowed under the September 2024 asset-based revolving credit facility (the "ABL Facility") borrowing base certificate See "Non-GAAP Financial Measures" at the end of this release for a discussion of Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Net (Loss) Income, Adjusted Diluted (Loss) Earnings per share, Unlevered and Levered Free Cash Flow, Net Working Capital, Net Debt, Net Leverage Ratio and their reconciliations to the most directly comparable financial measure calculated and presented in accordance with U.S. generally accepted accounting principles ("GAAP").
Neutral
PRNewsWire
3 months ago
KLX Energy Services Announces 2024 Third Quarter Earnings Release and Conference Call Schedule
HOUSTON , Oct. 30, 2024 /PRNewswire/ -- KLX Energy Services Holdings, Inc. ("KLX" or the "Company") (NASDAQ: KLXE) announced today that it will report its 2024 third quarter financial results prior to the Company's live conference call, which can be accessed via dial-in or webcast, on Friday, November 1, 2024 at 11:00 a.m. Eastern Time (10:00 a.m.
Neutral
Seeking Alpha
6 months ago
KLX Energy Services Holdings, Inc. (KLXE) Q2 2024 Earnings Call Transcript
KLX Energy Services Holdings, Inc. (NASDAQ:KLXE ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Ken Dennard - IR Christopher Baker - President & CEO Keefer Lehner - EVP & CFO Conference Call Participants Luke Lemoine - Piper Sandler Steve Ferazani - Sidoti & Company John Daniel - Daniel Energy Partners David Marsh - Singular Research Operator Greetings, and welcome to KLX Energy Services Second Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
Negative
Zacks Investment Research
6 months ago
KLX Energy Services (KLXE) Reports Q2 Loss, Tops Revenue Estimates
KLX Energy Services (KLXE) came out with a quarterly loss of $0.40 per share versus the Zacks Consensus Estimate of a loss of $0.72. This compares to earnings of $0.81 per share a year ago.
Neutral
PRNewsWire
6 months ago
KLX Energy Services Holdings, Inc. Reports Second Quarter 2024 Results
HOUSTON , Aug. 7, 2024 /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, 2024. Second Quarter 2024 Financial Highlights Revenue of $180 million Enacted approximately $16 million of annualized cost reductions in the second quarter of 2024 primarily related to operational streamlining initiatives, insurance and professional fees Net loss of $(8) million and diluted loss per share of $(0.49) Adjusted EBITDA of $27 million Net loss margin of (4)% Adjusted EBITDA margin of 15% Net Cash Flow Provided by Operating Activities of $22 million Levered Free Cash Flow of $10 million Cash balance of $87 million, increased $2 million sequentially Total Debt and Net Debt of $285 million and $198 million, respectively Liquidity of $121 million, consisting of approximately $87 million of cash and approximately $34 million of available borrowing capacity under the June 2024 asset-based revolving credit facility (the "ABL Facility") borrowing base certificate See "Non-GAAP Financial Measures" at the end of this release for a discussion of Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Net (Loss) Income, Adjusted Diluted (Loss) Earnings per share, Unlevered and Levered Free Cash Flow, Net Working Capital, Net Debt, Net Leverage Ratio and their reconciliations to the most directly comparable financial measure calculated and presented in accordance with U.S. generally accepted accounting principles ("GAAP").
Neutral
PRNewsWire
6 months ago
KLX Energy Services Announces 2024 Second Quarter Earnings Release and Conference Call Schedule
HOUSTON , Aug. 1, 2024 /PRNewswire/ -- KLX Energy Services Holdings, Inc. ("KLX" or the "Company") (NASDAQ: KLXE) announced today that it will report its 2024 second quarter financial results prior to the Company's live conference call, which can be accessed via dial-in or webcast, on Thursday, August 8, 2024 at 10:00 a.m. Eastern Time (9:00 a.m.
Neutral
PRNewsWire
7 months ago
KLX Energy Services Holdings, Inc. Provides Preliminary Second Quarter 2024 Results
HOUSTON , July 16, 2024 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLX", the "Company", "we", "us" or "our") today announced preliminary financial results for the three months ended June 30, 2024. Preliminary Second Quarter 2024 Financial and Operational Highlights Estimated Revenue range of $178 million to $182 million, increased sequentially approximately 3% despite a 7% decline in rig count over the same period Enacted approximately $16 million of annualized cost reductions in the second quarter of 2024 primarily related to operational streamlining initiatives, insurance and professional fees Estimated Net Loss range of $(7) million to $(11) million Estimated Adjusted EBITDA and Adjusted EBITDA Margin ranges of $24 million to $27 million and 14% to 15%, respectively Estimated Adjusted EBITDA and Adjusted EBITDA Margin improved sequentially by 100% to 125% and by 104% to 118%, respectively Estimated Net Cash Flow Provided by Operating Activities range of $18 million to $22 million Estimated Levered Free Cash Flow range of $5 million to $11 million Estimated Cash balance of approximately $87 million, increased $2 million sequentially Estimated Total Debt and Net Debt of approximately $285 million and $198 million, respectively Estimated Liquidity of approximately $126 million, including approximately $87 million of cash and $39 million of borrowing availability as of the May 2024 Borrowing Base Certificate See "Non-GAAP Financial Measures" at the end of this release for a discussion of Net Debt, Adjusted EBITDA, Adjusted EBITDA Margin, 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").
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