Klx Energy Services Holdings, INC
Market Movers (8-K)
NASDAQ
KLX Energy Services reported Q1 2026 revenue of $145 million, a 6% decrease year-over-year, with Adjusted EBITDA of $11 million and guidance for Q2 2026 revenue between $162 million and $172 million.
Worse than expected
NASDAQ
KLX Energy Services Holdings, Inc. has acquired the assets of Wolfpack Rentals, LLC for $17 million, aiming to increase scale and realize over $2 million in annual synergies.
Capital raise
NASDAQ
KLX Energy Services Holdings, Inc. reported first quarter 2026 revenue of $145 million and a net loss of $24 million, impacted by winter storm and customer delays.
Delay expected
NASDAQ
KLX Energy Services Holdings, Inc. reported the final voting results from its 2026 Annual Meeting of Stockholders, with key proposals regarding board declassification and bylaw amendments failing to pass.
NASDAQ
KLX Energy Services Holdings, Inc. reported Q4 2025 results with $157 million in revenue and $23 million in Adjusted EBITDA, while providing Q1 2026 revenue guidance of $145-$150 million.
NASDAQ
KLX Energy Services Holdings, Inc. announced the voluntary resignation of its CFO, Keefer M. Lehner, and the appointment of Geoffrey C. Stanford as Interim CFO, both effective January 7, 2026.
Quarterly Earnings (10-Q)
NASDAQ
KLX Energy Services Holdings, Inc. reported a net loss of $24.0 million for the first quarter of 2026, a slight improvement from the prior year, amidst fluctuating oil prices and strategic debt management.
Capital raise
Worse than expected
NASDAQ
KLX Energy Services Holdings, Inc. reported a significant increase in net loss and a decline in revenue for the third quarter and first nine months of 2025, despite completing a major debt refinancing.
Capital raise
Worse than expected
NASDAQ
KLX Energy Services Holdings, Inc. reported a significant net loss and revenue decline for the second quarter and first half of 2025, driven by reduced activity and pricing in the oilfield services sector.
Worse than expected
Capital raise
NASDAQ
KLX Energy Services Holdings, Inc. reports a decrease in revenue for Q1 2025 compared to Q1 2024, alongside the completion of a significant debt refinancing.
Worse than expected
Capital raise
NASDAQ
KLX Energy Services experienced a decrease in revenue and a net loss in the third quarter of 2024, primarily due to lower industry activity and pricing.
Worse than expected
Capital raise
NASDAQ
KLX Energy Services experienced a decrease in revenue and a net loss in the second quarter of 2024, compared to the same period last year.
Worse than expected
Capital raise
Annual Reports (10-K)
NASDAQ
KLX Energy Services Holdings, Inc. reported a significant increase in net loss for 2025 and amended its debt covenants to gain financial flexibility, extending its maximum net leverage ratio and clarifying equity cure options.
Delay expected
Worse than expected
Capital raise
NASDAQ
KLX Energy Services Holdings reports a net loss for 2024 but refinances its debt to improve financial flexibility.
Capital raise
Worse than expected
NASDAQ
10-K: KLX Energy Services Holdings, Inc. Files 10-K Report Showing Improved Financial Performance in 2023
KLX Energy Services Holdings, Inc. reports a significant turnaround in 2023, moving from a net loss to a net income, driven by increased revenues and improved margins.
Better than expected
Capital raise
Insider Trading (Form 4)
NASDAQ
KLX Energy Services Holdings, Inc. Senior VP Geoffrey Stanford reported a disposition of 2,422 common shares to cover tax obligations related to vested equity awards.
NASDAQ
KLX Energy Services' EVP, General Counsel, and Chief Compliance Officer, Max Bouthillette, sold 10,148 shares of common stock for $2.58 per share following the vesting and conversion of Restricted Stock Units.
NASDAQ
KLX Energy Services Holdings, Inc. CEO Christopher J. Baker reported the sale of 28,191 shares of common stock following the vesting and cash settlement of Restricted Stock Units.
NASDAQ
KLX Energy Services Holdings, Inc. Director Danielle E. Hunter was granted 14,481 shares of restricted common stock, vesting on February 1, 2027.
NASDAQ
KLX Energy Services Holdings Director Corbin J. Robertson Jr. granted 14,481 restricted common shares.
NASDAQ
KLX Energy Services Holdings, Inc. executive Max Bouthillette reported the grant of restricted stock and restricted stock units, alongside a tax-related share disposition.
Proxy Statements (Def-14A)
NASDAQ
KLX Energy Services Holdings, Inc. reported a net loss of $77.1 million for 2025 and is seeking stockholder approval for significant corporate governance changes, including board declassification and elimination of supermajority voting requirements.
Delay expected
Worse than expected
NASDAQ
DEFA14A: KLX Energy Services Urges Shareholders to Vote 'For' All Ballot Items at Upcoming Annual Meeting
KLX Energy Services highlights governance enhancements, pay alignment, and financial strength ahead of its Annual Meeting on May 7, 2025, urging shareholders to vote in favor of all ballot items.
NASDAQ
KLX Energy Services Holdings, Inc. will hold its 2025 Annual Meeting of Stockholders virtually on May 7, 2025, to vote on proposals including declassifying the Board and executive compensation.
Worse than expected
NASDAQ
KLX Energy Services Holdings, Inc. will hold its annual stockholder meeting on May 7, 2025, to vote on proposals including declassifying the board and amending supermajority voting requirements.
NASDAQ
KLX Energy Services Holdings, Inc. will hold its annual stockholder meeting virtually on May 9, 2024, to vote on several proposals, including declassifying the board and amending the certificate of incorporation.
NASDAQ
KLX Energy Services Holdings, Inc. will hold its 2024 Annual Meeting of Stockholders virtually on May 9, 2024, to vote on proposals including declassifying the Board, electing directors, executive compensation, and amendments to the company's charter and bylaws.
Schedule 13D - Activist Investments
NASDAQ
Geveran Investments Limited and its affiliated entities have reduced their beneficial ownership in KLX Energy Services Holdings, Inc. to below 5% through recent share sales, marking their exit as a major shareholder.
Worse than expected
Schedule 13G - Passive Investments
NASDAQ
Cross Ocean Partners Management LP and related entities have disclosed a 5.9% beneficial ownership stake in KLX Energy Services Holdings, Inc., including warrants.
NASDAQ
Tontine Asset Associates, Tontine Capital Overseas Master Fund II, and Jeffrey L. Gendell have increased their beneficial ownership in KLX Energy Services Holdings, Inc. to 9.5%.
NASDAQ
A group of entities associated with CastleKnight, including CastleKnight Master Fund LP and Aaron Weitman, have disclosed a passive 6.8% beneficial ownership stake in KLX Energy Services Holdings, Inc., totaling 1,220,957 shares.