KLX Energy Services (NASDAQ:KLXE) Issues Quarterly Earnings Results

KLX Energy Services (NASDAQ:KLXE) issued its quarterly earnings data on Wednesday. The company reported ($0.80) EPS for the quarter, topping analysts’ consensus estimates of ($0.86) by $0.06, Zacks reports. KLX Energy Services had a negative return on equity of 244.12% and a negative net margin of 6.45%.

KLX Energy Services Stock Up 3.1 %

KLX Energy Services stock traded up $0.14 during midday trading on Wednesday, hitting $4.65. 179,694 shares of the company were exchanged, compared to its average volume of 185,001. The company has a market cap of $78.40 million, a PE ratio of -1.57 and a beta of 1.98. KLX Energy Services has a fifty-two week low of $3.76 and a fifty-two week high of $8.13. The company’s fifty day moving average price is $5.10 and its 200-day moving average price is $5.34. The company has a debt-to-equity ratio of 105.76, a current ratio of 1.24 and a quick ratio of 1.08.

About KLX Energy Services

KLX Energy Services Holdings, Inc provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals; and various technologies, including gamma ray, azimuthal gamma ray, real-time continuous inclination and azimuth, rotary steerable, pressure-while-drilling, mode shifting, stick-slip and destructive dynamics, dynamic sequencing and real-time shock, and vibration modules.