Welcome to our dedicated page for Klx Energy Services Holdings news (Ticker: KLXE), a resource for investors and traders seeking the latest updates and insights on Klx Energy Services Holdings stock.
KLX Energy Services Holdings, Inc. provides diversified oilfield services to onshore oil and natural gas exploration and production companies in conventional and unconventional U.S. basins. Its updates center on drilling, completion, production and intervention activity for technically demanding wells, supported by proprietary products, specialized services, and in-house manufacturing, repair and maintenance capabilities.
Company news commonly covers quarterly and annual results, Adjusted EBITDA and liquidity disclosures, earnings-call schedules, investor conference participation, and management changes. KLX also reports conditions affecting U.S. land drilling, completion and production demand, including commodity-price volatility and oilfield-services activity levels.
Centuri Holdings (NYSE: CTRI) announced executive leadership changes, appointing Kelly Youngblood as Executive Vice President and Chief Financial Officer and Danielle Hunter as Executive Vice President, Chief Legal & Administrative Officer and Corporate Secretary, effective immediately. Youngblood succeeds Gregory A. Izenstark and brings over 30 years of global energy services and industrial distribution experience, including senior roles at DNOW and MRC. Hunter succeeds Jason S. Wilcock and has more than 15 years of public company executive leadership in the energy industry, most recently serving as President of Berry Corporation. According to Centuri, these appointments support its Vision One Centuri transformation and growth strategy.
KLX Energy Services (Nasdaq: KLXE) reported second quarter 2026 revenue of $167.3 million, up 15.6% from first quarter 2026. Net loss narrowed to $8.4 million (basic and diluted loss per share of $0.41) from a $24.0 million loss in the prior quarter.
Adjusted EBITDA was $18.7 million versus $11.1 million in first quarter 2026, lifting Adjusted EBITDA margin to 11.2% from 7.7%. KLX closed the Wolf Pack Rentals acquisition on June 2, 2026, recording a $6.5 million bargain purchase gain; Wolf Pack contributed $3.4 million June revenue, implying a $41 million annual run-rate and an updated synergy estimate of about $2.5 million.
Total liquidity at June 30, 2026 was $53.3 million, including $7.9 million of cash and $45.4 million of revolver availability. Management guided third quarter 2026 revenue to $176–$188 million, with a midpoint of $182 million, and expects further margin expansion as activity increases.
KLX Energy Services (NASDAQ: KLXE) plans a $125 million/b transferable rights offering of common stock to holders of record as of . Each existing share receives one Right, allowing the purchase of 3.885 new shares at $1.49 per share, with no fractional rights or shares issued.
The offering is expected to run from August 24 to September 23, 2026 and rights are expected to trade on Nasdaq as KLXER. Existing holders of KLX’s 2030 Notes will backstop up to $94 million, potentially rising to $125 million, via exchanging notes at par plus accrued interest for stock. According to KLX, this is expected to reduce the 2030 Notes’ principal by $94 million and be accompanied by an amended 2030 Notes indenture that eases leverage covenants and increases certain debt baskets. Net cash proceeds up to $31 million are earmarked for general corporate purposes, with any excess used to repurchase 2030 Notes at par.
KLX Energy Services (NASDAQ: KLXE) will release its 2026 second quarter financial results before a live earnings conference call on Tuesday, August 11, 2026, at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). Investors can access the call by dialing 1-201-389-0867 and requesting the KLX call at least 10 minutes before start time, or via live webcast at the company’s investor events page: https://investor.klx.com/events-and-presentations/events.
A telephone replay will be available through August 25, 2026 at 1-201-612-7415 using passcode 13761897#, and an archived webcast will remain online for 90 days. According to KLX, questions for management should be submitted in advance by email to KLXE@dennardlascar.com.
KLX Energy Services (NASDAQ:KLXE) is acquiring the assets of Wolfpack Rentals for $17 million, including $14 million at closing and two $1.5 million deferred payments. Wolfpack generated 2025 revenue of $38.2 million and Adjusted EBITDA of $5.8 million.
The deal is expected to be immediately accretive on all financial metrics, with over $2 million in anticipated annual synergies. Wolfpack adds about 350 accommodations trailers, 14 proprietary water filtration systems, and broad surface rental offerings across four major U.S. operating areas.
KLX Energy Services (Nasdaq: KLXE) reported first quarter 2026 revenue of $144.7 million, down 6% year over year, with a net loss of $24.0 million and Adjusted EBITDA of $11.1 million (7.7% margin).
Total liquidity was $47.7 million. Northeast/Mid-Con revenue grew 28%, while Rocky Mountains and Southwest declined. KLX forecast second quarter 2026 revenue of $162–$172 million, with a midpoint 5% above second quarter 2025 and about $22 million above first quarter 2026.
KLX Energy Services (NASDAQ: KLXE) will report 2026 first quarter financial results and host a live earnings conference call on Wednesday, May 13, 2026 at 10:00 a.m. ET / 9:00 a.m. CT. Results will be released before the call; access is via phone or webcast.
A replay is available through May 27, 2026 by dial-in with passcode, and a webcast archive will remain online for 90 days. Questions for management can be emailed to KLXE@dennardlascar.com prior to the call.
KLX Energy Services (Nasdaq: KLXE) reported full year 2025 revenue of $637 million, a net loss of $77 million (diluted loss per share $4.12) and full year Adjusted EBITDA of $76 million. Fourth-quarter revenue was $156.8 million with Adjusted EBITDA of $22.5 million and a 14.3% Adjusted EBITDA margin.
As of December 31, 2025, total debt was $258.3 million, cash was $5.7 million, and available liquidity was $56.3 million. On March 6–11, 2026, the company amended the 2030 note indenture for covenant relief and issued warrants to noteholders to purchase up to 803,712 shares.
KLX Energy Services (NASDAQ: KLXE) will report its 2025 full year and fourth quarter financial results and host a live conference call on Thursday, March 12, 2026 at 10:00 a.m. ET / 9:00 a.m. CT. The results will be released prior to the live call.
Investors may join via dial-in or webcast; a replay is available through March 26, 2026 and a webcast archive will remain on the investor site for 90 days. Questions for management may be submitted in advance by email to KLXE@dennardlascar.com.
KLX Energy Services (NASDAQ: KLXE) announced that Geoffrey C. Stanford will become Interim Chief Financial Officer effective January 7, 2026.
Stanford, 58, currently Senior Vice President and Chief Accounting Officer, joined KLX in 2018 and was promoted to Senior Vice President in December 2020. He is a licensed CPA with an MBA from Tulane and dual bachelor's degrees from Louisiana State University. He previously held senior accounting roles at Amedisys, Willbros Construction, The Shaw Group, and Albemarle Corporation.
Keefer M. Lehner notified the company on December 8, 2025 that he will resign as Executive Vice President and Chief Financial Officer effective January 7, 2026; the company said his resignation is not related to operations, financial reporting, or controls.