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 2024

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KLX Energy Services Holdings, Inc. (KLXE) CEO Chris Baker on Q1 2021 Results - Earnings Call Transcript

Shares of KLX Energy Services Hldgs (NASDAQ:KLXE) fell in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were down 362.07% over the past year to ($4.02), which missed the estimate of ($2.32).

Recap: KLX Energy Services Hldgs Q1 Earnings

HOUSTON, June 9, 2021 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLXE" or the "Company") today reported its financial results for the fiscal first quarter ended April 30, 2021. Fiscal First Quarter 2021 Highlights Fiscal first quarter 2021 revenue of $90.8 million increased $4.0 million, or 4.6%, sequentially from the fiscal fourth quarter 2020 Fiscal first quarter 2021 net loss was $36.8 million compared to $30.5 million for the fiscal fourth quarter 2020 Fiscal first quarter 2021 net loss and Adjusted EBITDA loss were primarily driven by "white space" on the calendar resulting from Winter Storm Uri and customer scheduling issues Ended fiscal first quarter 2021 with $37.9 million in cash and a liquidity position of $79.3 million Fiscal Second Quarter 2021 Outlook Improving Drilling, Completion and Production activity continued to increase throughout fiscal first quarter 2021 and this trend is expected to accelerate in fiscal second quarter 2021, driving an anticipated total revenue increase between 15% to 20% Identified an additional $4.4 million of annualized cost savings that we expect will be fully implemented by the end of the fiscal second quarter 2021 Expect a material improvement in quarterly Adjusted EBITDA in fiscal second quarter 2021 *See "Non-GAAP Financial Measures" at the end of this release for a discussion of Adjusted EBITDA, Pro Forma Adjusted SG&A Expense, free cash flow, net working capital and their 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 First Quarter 2021 Results

KLX Energy Services Hldgs (NASDAQ:KLXE) unveils its next round of earnings this Wednesday, June 09. Get prepared with Benzinga's ultimate preview for KLX Energy Services Hldgs's Q1 earnings.

Earnings Preview for KLX Energy Services Hldgs

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.

News for KLX Energy Services Holdings Inc Stock (KLXE)