KLX Energy Services Holdings Inc

KLX Energy Services Holdings, Inc. provides drilling, completions, production, and well intervention services and products to onshore oil and gas producing regions in the United States. It operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. The company offers directional drilling, downhole navigational and rental tools, coiled tubing, nitrogen, wireline, pressure control, wellhead and hydraulic fracturing rental products, flowback and testing, thru-tubing, fishing, rig assist snubbing, cementing, acidizing, pressure pumping, and downhole completion tools. It also provides production services such as maintenance-related intervention, production blow out preventers, mechanical wireline, hydro-testing, premium tubulars, and specialized production tools, as well as intervention services focused on engineered solutions to downhole complications. Incorporated in 2018, it is headquartered in Houston, Texas.

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KLX Energy Services beats Q2 EPS estimates, issues Q3 revenue guidance

KLX Energy Services reported second-quarter 2026 results with a GAAP EPS of -$0.41, beating estimates by $0.41. Revenue came in at $167.3 million, a 5.2% increase year-over-year but missing consensus by $0.2 million. Adjusted EBITDA reached $19 million, up 68% from the first quarter of 2026, with an adjusted EBITDA margin of 11%, a 46% sequential increase. Total liquidity stood at $53 million, including approximately $8 million in cash and cash equivalents. For the third quarter, the company expects revenue between $176 million and $188 million, with a midpoint of $182 million, which is $15 million higher than the second quarter and above the consensus estimate of $181.30 million.

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