Welcome to our dedicated page for KLX Energy Services Holdings SEC filings (Ticker: KLXE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
KLX Energy Services Holdings, Inc. filings document the public-company record for an oilfield-services provider with $0.01 par value common stock listed on the Nasdaq Global Select Market under KLXE. Recent Form 8-K reports furnish quarterly and annual operating results, Regulation FD investor presentations, non-GAAP financial measures and liquidity information tied to the company's asset-based revolving credit facility.
Proxy filings describe annual meeting matters, director elections, certificate-of-incorporation amendment matters affecting board classification, and stockholder voting mechanics. The filing record also identifies governance disclosures, exhibit materials, forward-looking statement cautions and formal reporting of financial results for KLX's U.S. drilling, completion, production and intervention service business.
KLX Energy Services Holdings, Inc. is soliciting proxies for its virtual 2026 Annual Meeting of Stockholders to be held on Wednesday, May 6, 2026 at 9:00 a.m. Central Daylight Time. Stockholders of record as of March 17, 2026 may vote.
The Board asks holders to vote on: (1) an amendment to declassify the Board (66 2/3% voting power required), (2) election of two Class II director nominees, (3) an advisory say-on-pay vote, (4–5) amendments to eliminate supermajority voting requirements to amend bylaws and charter, and (6) ratification of the independent auditor.
Summary 2025 financials: Revenues were $636.6 million; operating loss was $(30.3) million; net loss was $(77.1) million (net loss per diluted share $(4.12)); cash flow from operations was $7.5 million; and Adjusted EBITDA was $76.1 million. The Proxy Materials, 2025 Annual Report and proxy card are available online.
KLX Energy Services Holdings, Inc. reports a Schedule 13G showing reported beneficial ownership by Cross Ocean affiliates. Collectively the Reporting Persons beneficially own 1,174,325 Shares, which includes warrants to purchase 305,438 Shares. One feeder fund, Cross Ocean GSS Onshore Feeder LP, beneficially owns 436,349 Shares (including 113,493 Warrants). The filing states the 19,529,046 Shares outstanding as of February 27, 2026 basis from the issuer's Form 10-K, and reports ownership percentages of approximately 5.9% and 2.2% for the reporting group and feeder fund respectively.
The filing is a joint Schedule 13G with delegated investment management relationships and includes a Joint Filing Agreement; the Reporting Persons disclaim beneficial ownership beyond holdings reported here.
KLX Energy Services Holdings, Inc. is a U.S. onshore oilfield services provider offering drilling, completion, production and intervention services across major basins through three regional segments and more than 60 service facilities. Its offerings include directional drilling, coiled tubing, wireline, pressure control, rentals and proprietary downhole tools.
The company highlights cyclical demand tied to oil and gas prices, recent declines in U.S. rig activity and WTI prices, and extensive risk factors including industry downturns, high leverage under its 2030 Senior Notes and 2028 ABL Facility, cost inflation, regulatory and environmental pressures, cybersecurity, and climate-related and hydraulic fracturing regulation. As of June 30, 2025, non‑affiliate common stock market value was approximately $29.0 million, and 19,529,046 shares were outstanding as of February 27, 2026.
KLX Energy Services Holdings, Inc. reported weaker 2025 results, with full‑year revenue of $636.6 million versus $709.3 million in 2024 and a net loss of $77.1 million, or $(4.12) per share. Adjusted EBITDA was $76.1 million, giving a 12.0% Adjusted EBITDA margin.
Fourth quarter 2025 revenue was $156.8 million and net loss was $15.0 million, while Adjusted EBITDA reached $22.5 million with a 14.3% margin. The Northeast/Mid-Con segment delivered the strongest profitability with a 25.3% Adjusted EBITDA margin.
Liquidity at December 31, 2025 totaled $56.3 million, including $5.7 million of cash, against total debt of $258.3 million and Net Debt of $252.6 million. On March 6 and 11, 2026, KLX amended its 2030 Senior Notes indenture to obtain financial covenant relief and issued warrants to noteholders to purchase up to 803,712 common shares at $0.01 per share, expiring five years from issuance.
KLX Energy Services Holdings insider activity: Officer Geoffrey C. Stanford reported a tax-related share disposition. On March 1, 2026, 2,422 shares of common stock were withheld by the company at $2.54 per share to cover tax liabilities from vesting awards, leaving him with 74,840 directly held shares. The shares were retained in the company’s treasury and did not involve any open-market trade.
KLX Energy Services Holdings, Inc. received an amended Schedule 13G showing that CastleKnight Master Fund LP, related CastleKnight and Weitman entities, and Aaron Weitman collectively report beneficial ownership of 998,601 shares of common stock, or 5.6% of the class.
The filing states these parties share voting and dispositive power over all 998,601 shares and hold no sole voting or dispositive power. They also certify the shares were not acquired for the purpose of changing or influencing control of KLX Energy, indicating a passive investment stance.
KLX Energy Services Holdings, Inc. Executive Vice President, General Counsel and Chief Compliance Officer Max L. Bouthillette reported equity-related transactions in company stock. On February 9, 2026, 10,148 Restricted Stock Units vested, each representing the economic equivalent of one share of common stock and settled in cash. On the same date, he acquired 10,148 shares of common stock at an exercise price of $0. On February 10, 2026, he disposed of 10,148 shares of common stock at a price of $2.58 per share, leaving him with 181,020 shares of common stock directly owned and 133,070 Restricted Stock Units directly held after these transactions.
KLX Energy Services Holdings insider Christopher J. Baker, the company’s President, Chief Executive Officer and Director, reported equity compensation activity and a share sale on February 9, 2026.
Baker exercised 28,191 Restricted Stock Units, which each represent the economic equivalent of one share of common stock and were settled in cash, following their vesting on February 9, 2026. On the same date, he reported a disposition of 28,191 shares of common stock at a price of $2.58 per share, leaving him with 454,726 shares of common stock held directly. After these transactions, he also reported holding 355,965 Restricted Stock Units directly.
KLX Energy Services director Danielle E. Hunter received a stock-based compensation grant. On January 29, 2026, she was awarded 14,481 shares of KLX Energy common stock at a grant price of $0 as restricted stock that will vest on February 1, 2027. After this award, she beneficially owns 25,797 shares directly.
KLX Energy Services Holdings director Corbin J. Robertson Jr. reported an award of company common stock. On January 29, 2026, he acquired 14,481 shares of common stock at $0 per share, reflecting a grant rather than an open‑market purchase.
The shares are described as a grant of restricted stock vesting on February 1, 2027, meaning they are subject to vesting conditions until that date. Following this grant, Robertson beneficially owns 58,006 shares of KLX Energy Services common stock in direct form.