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KLX Energy Services Holdings
(NASDAQ:KLXE)
KLX Energy Services Holdings (KLXE) vs. S&P 500 (SPY)
KLX Energy Services Holdings Business Overview & Revenue Model
KLX Energy Services Holdings Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 709.30M | 888.40M | 781.60M | 436.10M | 276.80M | Gross Profit |
| 159.60M | 215.90M | 160.30M | -6.40M | -38.00M | EBIT |
| -15.50M | 56.90M | 32.50M | -61.10M | -301.10M | EBITDA |
| 81.00M | 131.50M | 89.30M | -10.20M | -242.10M | Net Income Common Stockholders |
| -53.00M | 19.20M | -3.10M | -93.80M | -332.20M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 91.60M | 112.50M | 57.40M | 28.00M | 47.10M | Total Assets |
| 456.30M | 539.80M | 465.90M | 387.70M | 362.70M | Total Debt |
| 344.90M | 365.40M | 350.90M | 336.90M | 250.20M | Net Debt |
| 253.30M | 252.90M | 293.50M | 308.90M | 203.10M | Total Liabilities |
| 466.80M | 501.00M | 481.70M | 439.10M | 330.60M | Stockholders Equity |
| -10.50M | 38.80M | -15.80M | -51.40M | 32.10M |
| Cash Flow | Free Cash Flow | |||
| -10.90M | 58.50M | -19.90M | -66.60M | -77.10M | Operating Cash Flow |
| 54.20M | 115.60M | 15.70M | -55.60M | -64.90M | Investing Cash Flow |
| -51.10M | -39.70M | -18.70M | 4.50M | -11.90M | Financing Cash Flow |
| -24.00M | -20.80M | 32.40M | 32.00M | 400.00K |
KLX Energy Services Holdings Technical Analysis
KLX Energy Services Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $83.80M | 10.25 | 8.71% | ― | 18.03% | -39.52% | |
68 Neutral | $93.25M | 25.22 | 2.89% | ― | 38.85% | -68.54% | |
57 Neutral | $91.25M | 27.45 | 1.23% | ― | 5.20% | -41.11% | |
56 Neutral | $7.19B | 3.84 | -4.29% | 5.74% | 0.33% | -52.26% | |
48 Neutral | $34.58M | ― | -375.26% | ― | -16.38% | -359.80% | |
42 Neutral | $29.40M | ― | 73.91% | ― | -4.38% | -3.77% | |
41 Neutral | $36.56M | ― | -16.91% | ― | -23.43% | 71.14% |
KLX Energy Services Holdings Earnings Call Summary
KLX Energy Services Holdings Corporate Events
KLX Energy Services Holdings, Inc. held its 2025 Annual Meeting of Stockholders on May 7, 2025, where several key proposals were voted upon. The meeting resulted in the election of three Class I Directors, but proposals to declassify the board, approve executive compensation, and eliminate supermajority voting requirements were not approved. However, the selection of Deloitte & Touche LLP as the independent registered public accounting firm was ratified.
Spark’s Take on KLXE Stock
According to Spark, TipRanks’ AI Analyst, KLXE is a Neutral.
KLX Energy Services Holdings has a challenging financial position with negative profitability and a weak balance sheet, which are primary concerns. Despite positive cash flow, the technical indicators suggest bearish momentum. However, strategic refinancing and a focus on operational improvements offer some optimism, reflected in a moderately positive earnings call and corporate events. Overall, the stock score reflects these mixed factors.
To see Spark’s full report on KLXE stock, click here.
KLX Energy Services Holdings reported its first quarter 2025 financial results, showing a revenue of $154 million and a net loss of $28 million. Despite a decrease in revenue compared to the previous quarter, the company achieved a 15% increase in Adjusted EBITDA over the first quarter of 2024, reflecting effective cost controls. The company anticipates modest revenue growth and margin expansion in the coming quarters, despite industry caution due to economic trends and commodity price visibility. KLX completed refinancing efforts in March, enhancing financial flexibility and enabling potential share and debt buybacks, positioning the company to manage market volatility.
Spark’s Take on KLXE Stock
According to Spark, TipRanks’ AI Analyst, KLXE is a Neutral.
KLX Energy Services faces significant financial and technical challenges, with a weak balance sheet, negative profitability, and bearish technical indicators. The financial instability and lack of valuation appeal weigh heavily on the stock. However, strategic refinancing and management’s focus on operational improvements provide a glimmer of optimism, preventing a lower score. Overall, the stock’s outlook remains cautious with potential for improvement if strategic initiatives succeed.
To see Spark’s full report on KLXE stock, click here.
KLX Energy Services Holdings reported its financial results for the fourth quarter and full year of 2024, highlighting a revenue of $709 million and a net loss of $53 million for the year. Despite seasonal challenges, the company achieved an adjusted EBITDA margin improvement and successfully refinanced its senior secured notes, enhancing financial flexibility. The company anticipates stable or slightly increased revenue in 2025, driven by potential growth in gas-directed activities due to rising LNG export capacity.
On March 12, 2025, KLX Energy Services Holdings, Inc. announced the closing of a refinancing deal involving the issuance of approximately $232 million in senior secured notes due March 2030 and the establishment of a new $125 million ABL credit facility due March 2028. This strategic financial maneuver aims to enhance the company’s capital structure and support its operational capabilities, potentially strengthening its market position and providing flexibility for future investments.
On February 28, 2025, KLX Energy Services Holdings announced a conditional redemption of its 11.500% Senior Secured Notes due 2025, with plans to redeem all outstanding notes on March 30, 2025, contingent upon securing a debt financing transaction. This move is part of the company’s financial strategy to manage its debt obligations, potentially impacting its financial stability and stakeholder confidence.