KLX Energy Services (KLXE) Announces Earnings Results

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

KLX Energy Services stock opened at $25.23 on Friday. KLX Energy Services has a 12-month low of $19.59 and a 12-month high of $36.13.

A number of research firms have issued reports on KLXE. Gabelli began coverage on KLX Energy Services in a research report on Thursday, October 11th. They issued a “buy” rating on the stock. ValuEngine cut KLX Energy Services from a “sell” rating to a “strong sell” rating in a research report on Tuesday, November 27th.

In other news, VP Gary J. Roberts purchased 83,375 shares of the business’s stock in a transaction dated Thursday, October 25th. The shares were purchased at an average cost of $31.26 per share, with a total value of $2,606,302.50. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John T. Collins purchased 10,000 shares of the business’s stock in a transaction dated Monday, October 29th. The shares were purchased at an average cost of $29.56 per share, for a total transaction of $295,600.00. The disclosure for this purchase can be found here.

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About KLX Energy Services

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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