Reading KLXE? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track KLXE free→Reading KLXE? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track KLXE free→NASDAQEnergyOil & Gas Equipment & ServicesSnapshot 2026-06-16
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak, and earnings quality cannot be assessed since the company was unprofitable over the past year. Management's recent track record has been fairly steady, and it has a capital-friendly stance. Risk is high, and the sector backdrop is a headwind, while compared with sector peers, KLXE is typical. Peer multiples imply a price about 74% above where it trades (it looks cheap on this basis); the read is cheap, value-trap risk, as it trades below peer multiples but has weak financials and fragile earnings quality. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 2 valuation methods, at three horizons. Current price $2.78. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $2.78 KLXE trades at 0× p/s, below its 1× p/s peer median. Our $9.64 fair value sits above the price; low confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 71% below a flat-multiple fair value, below our forecast of about -7%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Energy names rated weak grew net income 60% of the time over the next year (vs 56% for the rest of the cohort, n=979).
Over the trailing year it converted -0.62x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity.
4 material management or governance events in the past 24 months, led by M&A activity. Historically, Energy names rated neutral grew net income 45% of the time over the next year (vs 49% for the rest of the cohort, n=329).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $-0.79 → $-0.82 (-3.8% / 30d). 0 raised, 1 cut, 1 covering analysts.
2 positive, 1 negative / 30d. See F4 management tile for the event list.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$469.
How much price usually moves either way.
On a bad day, this stock has moved -$907.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $4,613.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
Confidence changed from 'medium' to 'high'.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: If revenue growth improves, it may signal a shift in the energy sector. This could help KLX Energy Services recover from its current weak status.
Confirms:Three-year revenue growth rises above 2% year over year.
Disproves:Three-year revenue growth remains at or below 2% year over year.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for KLXE yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
No upside scenarios in the latest snapshot.
No downside scenarios in the latest snapshot.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Completion of Acquisition or Disposition of Assets. The information set forth under
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Looks cheaper than most peers in the same business.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Oil & Gas Equipment & Services.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
KLXE KLX Energy Services Holdings Inc | Typical Show detailsSector percentile: 39 of 100 | inexpensive | high |
SLB Schlumberger | Typical Show detailsSector percentile: 65 of 100 | fair | moderate |
BKR Baker Hughes | Above typical Show detailsSector percentile: 74 of 100 | full | moderate |
HAL Halliburton | Above typical Show detailsSector percentile: 79 of 100 | fair | moderate |
FTI TechnipFMC | Above typical Show detailsSector percentile: 80 of 100 | full | moderate |
Not investment advice. As of 2026-06-16.
via XLE
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
KLX Energy Services completed the acquisition of assets from Wolf Pack Rentals to enhance service offerings.
Newly stated in 2026-Q2. The acquisition of Wolf Pack Rentals' assets was completed, marking a strategic move to enhance KLX's service offerings. This acquisition aligns with KLX's growth strategy, but financial impacts are yet to be reflected in the revenue or income figures.
“KLX completed the acquisition of certain assets owned by Wolf Pack Rentals.”
KLX Energy Services provided revenue guidance for Q2 2026, forecasting $162 to $172 million.
Newly stated in 2026-Q2. KLX provided revenue guidance for Q2 2026, forecasting $162 to $172 million. This guidance reflects management's expectations for the quarter, but actual revenue for Q1 2026 was $144.7 million, indicating a need for significant growth to meet the forecast.
“We are forecasting second quarter 2026 revenue of $162 to $172 million.”
KLX Energy Services expects Q1 to be impacted by seasonality and winter storm Fern, affecting operations.
Newly stated in 2026-Q1. Management anticipated operational impacts from seasonality and winter storm Fern, which were expected to affect Q1 performance. Actual Q1 revenue was $144.7 million, down from $156.9 million in Q4 2025, indicating the anticipated challenges materialized.
“We expect the first quarter to be impacted by seasonality and winter storm Fern.”
Entry into a Material Definitive Agreement. Purchase and Sale Agreement On June 2, 2026 (the “Closing Date”), KLX Energy Services Holdings, Inc., a Delaware corporation (the “Company”), completed the acquisition (the “Acquisition”) of certain assets owned by Wolf Pack Rentals, LLC, a Texas limited liability company (“Wolf Pack” or the “Seller”), pursuant to that certain asset purchase agreement, dated June 2, 2026 , by and among Wolf Pack, KLX Energy Services LLC, a Delaware limited liability…
Unregistered Sales of Equity Securities. Acquisition – Stock Consideration The shares of common stock that may be issued in the Acquisition will not be registered under the Securities Act of 1933 (the “Securities Act”), in reliance upon an exemption from registration provided by Section 4(a)(2) of the Securities Act for transactions by an issuer not involving any public offering. The Company’s reliance upon Section 4(a)(2) of the Securities Act is based upon the following factors: (a) the iss…
of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information furnished pursuant to this Item 2.02, and including Exhibit 99.1 furnished herewith, shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Results of Operations and Financial Condition. The information in