Company Quick10K Filing
KLX Energy Services Holdings
10-K 2020-01-31 Filed 2020-03-24
10-Q 2019-10-31 Filed 2019-12-10
10-Q 2019-07-31 Filed 2019-08-22
10-Q 2019-04-30 Filed 2019-05-23
10-K 2019-01-31 Filed 2019-03-21
10-Q 2018-10-31 Filed 2018-12-06
10-Q 2018-07-31 Filed 2018-08-30
8-K 2020-05-03 Enter Agreement, Other Events, Off-BS Arrangement, Officers, Amend Bylaw, Exhibits
8-K 2020-04-16 Officers
8-K 2020-04-11 Officers
8-K 2020-04-08 Other Events, Exhibits
8-K 2020-03-09 Earnings, Exhibits
8-K 2019-12-05 Earnings, Exhibits
8-K 2019-11-19 Earnings, Exhibits
8-K 2019-11-01 Sale of Shares
8-K 2019-08-21 Earnings, Exhibits
8-K 2019-08-09 Other Events, Exhibits
8-K 2019-05-22 Earnings, Exhibits
8-K 2019-03-20 Regulation FD, Exhibits
8-K 2019-03-12 Earnings, Exhibits
8-K 2018-12-05 Earnings, Exhibits
8-K 2018-11-05 M&A, Sale of Shares, Exhibits
8-K 2018-10-31 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2018-10-22 Regulation FD, Exhibits
8-K 2018-10-22 Enter Agreement, Earnings, Sale of Shares, Regulation FD, Exhibits
8-K 2018-10-09 Officers, Exhibits
8-K 2018-09-13 Enter Agreement, Earnings, Off-BS Arrangement, Shareholder Rights, Control, Officers, Amend Bylaw, Shareholder Vote, Exhibits

KLX Energy Services Holdings Financials

KLXE Metrics, Comps, Filings

Quarterly | Annual

Business

Except as otherwise indicated or unless the context otherwise requires, “KLX Energy Services,” “we,” “us” and “our” refer to KLX Energy Services Holdings, Inc. and its consolidated subsidiaries after giving effect to the spin-off, and “KLX” refers to KLX Inc., its predecessors and its consolidated subsidiaries, other than, for all periods following the spin-off, KLX Energy Services Holdings, Inc. and its consolidated subsidiaries. See “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations – Overview – The Spin-Off.”

We are a leading provider of completion, intervention and production services and products (our “product service lines” or “PSLs”) to the major onshore oil and gas producing regions of the United States. We offer a range of differentiated, complementary technical services and related tools and equipment in challenging environments that provide “mission critical” solutions for our customers throughout the life cycle of the well.

We serve many of the leading companies engaged in the exploration and development of North American onshore conventional and unconventional oil and natural gas reserves. Our customers are primarily independent major oil and gas companies. We actively support these customer operations from over 35 service facilities located in the key major shale basins. We manage our business in these basins on a geographic basis, including the Southwest Region (the Permian Basin and the Eagle Ford), the Rocky Mountains Region (the Bakken, Williston, DJ, Uinta, Powder River, Piceance and Niobrara basins) and the Northeast Region (the Marcellus and Utica as well as the Mid-Continent STACK and SCOOP and Haynesville). Our revenues, operating profits and identifiable assets are primarily attributable to these three reportable geographic segments. However, while we manage our business based upon these regional groupings, our assets and our technical personnel are deployed on a dynamic basis across all of our service facilities to optimize utilization and profitability.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
FTS International (FTSI) 283,087 16% 9.3 -5% 685,500 639,000 882,400 138,100 -33,400 58,000 538,787
KLX Energy Services Holdings (KLXE) 216,450 18% -18.8 -10% 657,900 329,200 591,000 104,500 -66,400 -18,000 338,150
Nine Energy Service (NINE) 187,471 16% 48.0 -7% 1,081,583 474,804 898,975 139,533 -74,565 10,293 494,150
Natural Gas Services (NGS) 176,366 0% 33.8 -4% 296,996 46,505 74,898 0 -11,584 4,646 156,884
Cypress Energy Partners (CELP) 155,608 13% 10.9 9% 171,742 115,189 399,289 52,297 15,351 20,411 223,251
Mammoth Energy Services (TUSK) 122,909 16% 1.0 5% 1,023,089 294,662 566,997 89,156 49,942 189,801 193,311
NCS Multistage (NCSM) 93,373 47% -0.5 -106% 213,065 51,218 203,579 95,541 -224,881 -206,848 103,548
Nuverra Environmental Solutions (NES) 65,846 0% 76.0 -9% 278,170 66,500 180,166 0 -26,216 1,295 98,360
Quintana Energy Services (QES) 61,958 0% -5.3 -26% 267,495 128,827 548,027 0 -69,178 -15,022 80,021
Ranger Energy Services (RNGR) 61,394 0% 2.8 2% 308,400 105,900 342,000 0 6,600 38,800 107,394
Basic Energy Services (BAS) 40,093 32% -25.9 -21% 667,629 539,684 565,414 183,549 -140,806 -11,686 303,144
Key Energy Services (KEG) 28,493 19% -9.8 -24% 374,146 445,992 86,943 -90,311 -25,335 249,012
Recon Technology (RCON) 17,221 14% 5.3 1% 156,982 50,281 7,802 1,092 2,014 2,387 12,700
Enservco (ENSV) 14,430 18% 5.5 -11% 40,458 39,847 38,143 7,023 -4,310 3,081 16,798
Superior Energy Services (SPN) 14,092 25% -1.2 -43% 2,123,751 1,980,664 1,868,539 466,033 -907,381 -895,120 1,051,450
North American Energy Partners (NOA)
NexTier Oilfield Solutions (NEX) 23% 0.6 -2% 1,058,827 586,823 1,779,889 411,648 -17,101 286,811 181,292
CSI Compressco (CCLP) 24% 28.0 -3% 849,929 798,905 491,107 117,513 -22,718 22,479 630,299
U.S. Well Services (USWS) 16% 7.0 -16% 656,000 431,877 540,511 86,789 -108,043 41,560 291,741
Select Energy Services (WTTR) 12% -0.4 0% 1,376,857 250,738 1,377,819 161,338 3,139 100,241 -42,999

Balance Sheet ($'000)2018-07-312018-10-312019-01-312019-04-302019-07-312019-10-31
Cash0313,200163,800110,60092,400121,100
Accounts Receivable84,70087,400119,600138,900153,400103,300
Inventory11,50013,80015,40018,40016,10012,800
PP&E335,100354,700424,600478,000508,200513,700
Assets305,500641,200672,800732,100733,300657,900
Accounts Payable34,40040,40047,30047,00048,90036,400
Long-Term Debt243,000250,000242,300242,600242,800
Liabilities50,600312,900332,100344,900337,200329,200
Stockholders' Equity254,900328,300340,700387,200396,100328,700
Income Statement ($'000)2018-07-312018-10-312019-01-312019-04-302019-07-312019-10-31
Revenue117,900123,200143,900145,800166,800134,500
Cost of Revenue85,70090,200112,500118,900135,800119,300
Gross Profit32,20033,00031,40026,90031,00015,200
R&D600600700800800
SG&A17,90042,30023,80023,70031,700
Tax10003001000
Net Income13,600-9,9004,900-5,0003,500-69,800
Cash Flow ($'000)2018-07-312018-10-312019-01-312019-04-302019-07-312019-10-31
Cash Operating21,9004,2007,70041,300
Cash Investing-19,500-57,400-26,700-10,400
Cash Financing310,800-2,200