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KLX Energy Services Holdings, Inc.

KLXE Nasdaq Energy · Oil & Gas Field Services, Nec Houston, TX klx.com
$1.30
Mkt Cap 27.7M

Provider of oilfield services to onshore oil and natural gas drilling companies across major US shale basins.

From the annual report

Except as otherwise indicated or unless the context otherwise requires, KLX Energy Services, KLXE, Company, we, us and our refer to KLX Energy Services Holdings, Inc. and its consolidated subsidiaries. KLX Energy Services is a growth-oriented provider of diversified oilfield services to leading onshore oil and natural gas E&P companies operating in both conventional and unconventional plays in all of the active major basins throughout the United States. KLXE was initially formed from the combination and integration of seven private oilfield service companies acquired during 2013 and 2014. Each of the acquired businesses was regional in nature and brought one or two specific service capabilities to KLX Energy Services. We became incorporated in Delaware on June 28, 2018, and on September 14, 2018, we completed our spin-off from KLX Inc. and became an independent, publicly traded company. See Item 7. "Management Discussion and Analysis of Financial Condition and Results of Operations" for more details of our acquisitions since becoming a publicly traded company, including our 2020 acquisition of Quintana Energy Services Inc. ( QES, and such acquisition the QES Merger ) and our 2023 acquisition of Greene's Energy Group, LLC ( Greene's, and such acquisition the Greene's Acquisition ). We deliver mission critical oilfield services to primarily independent major oil and gas companies focused on drilling, completion, production and intervention activities for technically demanding wells from over 60 service facilities located in the United States.

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REVENUE TTM
$635.6M
FCF TTM
-$1.9M
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