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KLX Energy Services Holdings, Inc. - $KLXE STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect KLX Energy Services Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of KLX Energy Services Holdings's position in the market.

Rhea-AI Summary
KLX Energy Services Holdings, Inc. announces its 2024 first quarter earnings release and conference call schedule. The company will report financial results on May 8, 2024, at 10:00 a.m. Eastern Time. The conference call can be accessed via phone or webcast. A replay will be available for those unable to listen live. Questions for management can be submitted via email.
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KLX Energy Services Holdings, Inc. (KLXE) will participate in the 2024 Piper Sandler 24th Annual Energy Conference in Las Vegas. Investors can access the investor presentation on the company's website.
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3.97%
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Rhea-AI Summary
KLX Energy Services Holdings, Inc. (KLXE) reports record annual revenue, Adjusted EBITDA, and free cash flow for 2023. Despite a 20% decline in rig count, revenue increased by 14% to $888 million. Net income surged by 719% to $19 million with a net income margin of 2%. Adjusted EBITDA rose by 42% to $138 million, and cash balance increased by 96% to $113 million. However, the fourth quarter saw a decrease in revenue to $194 million, resulting in a net loss of $(9) million. Adjusted EBITDA for Q4 was $23 million with an Adjusted EBITDA margin of 12%. KLX President and CEO, Chris Baker, anticipates a strong Q2 in 2024 despite first-quarter challenges.
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-2.59%
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KLX Energy Services Holdings, Inc. announces preliminary financial results for the three months and twelve months ended December 31, 2023, with estimated revenue of $887-889 million, net income of $18-20 million, and adjusted EBITDA of $136-139 million. The company also reports a 96% increase in cash balance to $113 million and a 24% decrease in net debt to $172 million.
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-10.56%
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KLX Energy Services Holdings, Inc. (KLXE) will report its 2023 full year and fourth quarter financial results on March 7, 2024, accessible via phone or webcast. A replay and webcast archive will be available for a limited time. Questions for management can be submitted via email.
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End-of-Day
-10.56%
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KLX Energy Services Holdings, Inc. (KLXE) executives will attend the 2024 J.P. Morgan Global High Yield & Leveraged Finance Conference in Miami, Florida. Investors can access the investor presentation on the company's website.
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2.02%
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KLX Energy Services Holdings, Inc. (KLX) (NASDAQ: KLXE) will present at the Sidoti December Small Cap Conference on December 6, 2023. The presentation will begin at 1:45 pm EST and can be accessed live. Registration is free and open to all.
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1.79%
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KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) reported financial results for Q3 2023. Despite a 10% decline in rig count, the company achieved flat sequential margins and strong operating cash flow. Key highlights include revenue of $221 million, net income of $8 million, adjusted EBITDA of $37 million, and a cash balance of $90 million.
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-0.91%
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KLX Energy Services Holdings, Inc. to report 2023 Q3 financial results on November 7
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-1.29%
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KLX Energy Services Holdings, Inc. will participate in the H.C. Wainwright 25th Annual Global Investment Conference on September 13, 2023.
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0.52%
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KLX Energy Services Holdings, Inc.

Nasdaq:KLXE

KLXE Rankings

KLXE Stock Data

113.24M
11.75M
9.04%
54.55%
10.92%
Support Activities for Oil and Gas Operations
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
HOUSTON

About KLXE

klx energy services provides more than 100 mission-critical oilfield services, tools, technologies and equipment to some of the industry’s leading operators. we streamline customer operations by not only delivering quality service safely—but also looking ahead for ways to better maximize efficiency, prevent unexpected issues and manage operational risk. representing more than 1,000 employees in more than 35 locations nationwide, we bring next level readiness to every project and relationship.