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 (KLXE) provides specialized oilfield services to onshore energy producers across major U.S. basins. This page serves as the definitive source for official company announcements, operational updates, and strategic developments impacting the oil and gas sector.
Investors and industry professionals will find timely updates including quarterly earnings reports, new technology deployments, strategic partnerships, and operational milestones. Our curated collection ensures direct access to primary-source materials without speculative commentary.
The news archive covers essential categories including completion services innovations, production efficiency initiatives, safety protocol updates, and executive leadership changes. All content is organized chronologically to help users identify emerging trends in KLXE's service offerings and market positioning.
For stakeholders monitoring the competitive oilfield services landscape, this resource offers critical insights into KLXE's responses to industry challenges and opportunities. Regular updates reflect the company's focus on risk-managed operations and technological adaptation in evolving energy markets.
Bookmark this page for streamlined access to verified KLXE developments. Combine these updates with broader market analysis to inform your energy sector research and decision-making processes.
KLX Energy Services Holdings reported fiscal third-quarter 2021 results, showcasing a revenue increase of 24.2% to $139.0 million compared to the previous quarter. The net loss improved to $18.8 million, down 24.8% from last quarter, while Adjusted EBITDA surged 733.3% to $5.0 million. Cash balance also grew, reaching $40.8 million with total liquidity at $70.8 million. Looking ahead, the company expects revenue for the fourth quarter to be between $140 million and $145 million, indicating continued improvement.
KLX Energy Services Holdings, Inc. (KLXE) will release its fiscal third quarter 2021 financial results on December 9, 2021, after market close. A conference call is scheduled for December 10, 2021, at 10:00 a.m. Eastern Time. Interested participants can join via phone or live webcast. Those unable to attend can access a replay available until December 24, 2021. KLXE is a provider of diversified oilfield services across the U.S., focusing on mission-critical activities in oil and gas exploration and production.
KLX Energy Services Holdings reported a fiscal second quarter 2021 revenue of $111.9 million, marking a 23.2% sequential increase from the first quarter. The net loss decreased to $25.0 million, a 32.1% improvement from the previous quarter. Adjusted EBITDA was $0.6 million, the first positive result since Q1 2020. The company ended the quarter with $57.2 million in available liquidity. Looking ahead, fiscal third quarter revenue is projected to rise by 8% to 12%.
KLX Energy Services Holdings, Inc. (KLXE) announced its fiscal second quarter 2021 financial results will be released on September 9, 2021, post-market. A conference call is scheduled for September 10, 2021, at 10:00 a.m. ET. Investors can join via phone at 1-201-389-0867 or through a live webcast available on their investor relations site. A replay will be accessible until September 17, 2021. KLXE provides diversified oilfield services across the U.S., emphasizing drilling and completion activities.
KLX Energy Services (KLXE) reported fiscal first-quarter 2021 revenue of $90.8 million, a 4.6% increase from the previous quarter. However, the company faced a net loss of $36.8 million, up from $30.5 million in the fourth quarter of 2020, influenced by scheduling issues and Winter Storm Uri. Looking ahead, KLXE expects a 15% to 20% revenue growth in the second quarter, driven by increased drilling and completion activities, along with an additional $4.4 million in annualized cost savings.
KLX Energy Services Holdings (KLXE) will release its fiscal first quarter 2021 financial results on June 9, 2021, after market close. A conference call is scheduled for June 10, 2021, at 10:00 a.m. ET, to discuss these results. Investors can participate by dialing 1-201-389-0867 or via live webcast.
The call will be available for replay until June 17, 2021. KLXE provides diversified oilfield services to major onshore oil and gas companies across the U.S. More details and the webcast link are accessible on their investor relations website.
KLX Energy Services Holdings reported strong fiscal fourth-quarter results for 2020, with revenue of $86.8 million, a 22.4% increase from the prior quarter. The net loss narrowed to $30.5 million, improving by 20.4%. Notably, Adjusted EBITDA loss improved by $2.8 million to $2.6 million. The company ended the quarter with $47.1 million in cash and $82 million in total liquidity. Successful integration of the QES merger led to $46 million in cost synergies, ahead of schedule. Looking forward, KLXE anticipates a strong rebound despite initial challenges posed by Winter Storm Uri.
KLX Energy Services Holdings, Inc. (KLXE) will announce its fiscal fourth quarter and full-year 2020 financial results on April 14, 2021, after market close. A conference call is scheduled for April 15, 2021, at 10:00 a.m. Eastern Time. Investors can participate via phone or listen live online. The call will be archived for replay until April 22, 2021. KLXE provides diversified oilfield services to onshore oil and natural gas exploration companies, focusing on drilling and production activities across major U.S. basins.
KLXE reported financial results for its fiscal Q3 ended October 31, 2020, showing revenue of $70.9 million, up 30.1% from the previous quarter. The net loss decreased to $38.3 million, and Adjusted EBITDA loss improved to $5.4 million, marking reductions of 30.1% and 72.0%, respectively. The merger with Quintana Energy Services is driving cost synergies of $40 million, with an additional $6 million identified. KLXE ended the quarter with $79.8 million in cash and $106.2 million in liquidity, indicating a solid financial position amid challenging market conditions.
KLX Energy Services Holdings (KLXE) announced the release of its fiscal third quarter 2020 financial results on December 7, 2020, after market close. The company will hold a conference call on December 8, 2020, at 10:00 a.m. Eastern Time, to discuss these results. The call will be accessible via phone and live stream. A replay will be available until December 15, 2020. KLXE provides diversified oilfield services to major U.S. oil and gas companies, focusing on drilling and production activities.
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