KLX Energy Services (KLXE) Releases Quarterly Earnings Results

KLX Energy Services (NASDAQ:KLXE) posted its quarterly earnings results on Wednesday. The company reported $0.83 EPS for the quarter, Morningstar.com reports. The business had revenue of $123.20 million during the quarter.

NASDAQ:KLXE opened at $21.82 on Thursday. KLX Energy Services has a one year low of $19.59 and a one year high of $36.13.

Several research firms have recently commented on KLXE. Gabelli began coverage on shares of KLX Energy Services in a report on Thursday, October 11th. They issued a “buy” rating for the company. ValuEngine lowered shares of KLX Energy Services from a “sell” rating to a “strong sell” rating in a report on Tuesday, November 27th.

In other KLX Energy Services news, VP Gary J. Roberts purchased 83,375 shares of KLX Energy Services stock in a transaction dated Thursday, October 25th. The stock was acquired at an average price of $31.26 per share, for a total transaction of $2,606,302.50. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John T. Collins purchased 10,000 shares of KLX Energy Services stock in a transaction dated Monday, October 29th. The stock was acquired at an average price of $29.56 per share, with a total value of $295,600.00. The disclosure for this purchase can be found here.

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KLX Energy Services Company Profile

KLX Energy Services Holdings, Inc provides completion, intervention, and production services and products to the onshore oil and gas producing regions of the United States. The company offers technical services, and related tools and equipment to companies engaged in the exploration and development of North American onshore conventional and unconventional oil and natural gas reserves.

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