KLX Energy Services Holdings
Market Cap
US$16.0m
Last Updated
2020/04/05 06:12 UTC
Data Sources
Company Financials +
Executive Summary
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.
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Mediocre balance sheet and overvalued.
Similar Companies
Share Price & News
How has KLX Energy Services Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KLXE's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-19.3%
KLXE
-1.1%
US Energy Services
-2.8%
US Market
1 Year Return
-97.6%
KLXE
-72.2%
US Energy Services
-15.9%
US Market
Return vs Industry: KLXE underperformed the US Energy Services industry which returned -72.2% over the past year.
Return vs Market: KLXE underperformed the US Market which returned -15.9% over the past year.
Shareholder returns
| KLXE | Industry | Market | |
|---|---|---|---|
| 7 Day | -19.3% | -1.1% | -2.8% |
| 30 Day | -63.9% | -46.0% | -18.8% |
| 90 Day | -89.8% | -66.0% | -24.0% |
| 1 Year | -97.6%-97.6% | -71.2%-72.2% | -14.2%-15.9% |
| 3 Year | n/a | -79.8%-82.5% | 9.9%2.8% |
| 5 Year | n/a | -81.5%-84.8% | 27.2%13.3% |
Price Volatility Vs. Market
How volatile is KLX Energy Services Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Shorn Like A Sheep: Analysts Just Shaved Their KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) Forecasts Dramatically3 weeks ago | Simply Wall St
Insider Buying: Gary Roberts Just Spent US$361k On KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) Shares1 month ago | Simply Wall St
KLX Energy Services Holdings (NASDAQ:KLXE) Seems To Be Using An Awful Lot Of DebtValuation
Is KLX Energy Services Holdings undervalued compared to its fair value and its price relative to the market?
0.051x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate KLXE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate KLXE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: KLXE is unprofitable, so we can't compare its PE Ratio to the Energy Services industry average.
PE vs Market: KLXE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KLXE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KLXE is good value based on its PB Ratio (0.1x) compared to the US Energy Services industry average (0.3x).
Next Steps
Future Growth
How is KLX Energy Services Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
61.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KLXE is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: KLXE is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: KLXE is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: KLXE's revenue (7.4% per year) is forecast to grow faster than the US market (7% per year).
High Growth Revenue: KLXE's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if KLXE's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has KLX Energy Services Holdings performed over the past 5 years?
130.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KLXE is currently unprofitable.
Growing Profit Margin: KLXE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KLXE is unprofitable, but has reduced losses over the past 5 years at a rate of 130.3% per year.
Accelerating Growth: Unable to compare KLXE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KLXE is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-34.4%).
Return on Equity
High ROE: KLXE has a negative Return on Equity (-30.88%), as it is currently unprofitable.
Next Steps
Financial Health
How is KLX Energy Services Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: KLXE's short term assets ($228.5M) exceed its short term liabilities ($64.8M).
Long Term Liabilities: KLXE's short term assets ($228.5M) do not cover its long term liabilities ($246.4M).
Debt to Equity History and Analysis
Debt Level: KLXE's debt to equity ratio (77.8%) is considered high.
Reducing Debt: Insufficient data to determine if KLXE's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Inventory Level: KLXE has a high level of physical assets or inventory.
Debt Coverage by Assets: KLXE's debt is not covered by short term assets (assets are 0.9x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: KLXE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: KLXE has sufficient cash runway for 3 years if free cash flow continues to grow at historical rates of 36.5% each year.
Next Steps
Dividend
What is KLX Energy Services Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KLXE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate KLXE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KLXE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KLXE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KLXE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average management tenure
CEO
Amin Khoury (80yo)
1.58s
Tenure
US$31,900,146
Compensation
Mr. Amin J. Khoury has been Chairman, President and Chief Executive Officer of KLX Energy Services Holdings, Inc. since September 14, 2018. Mr. Khoury had been the Chairman and Chief Executive Officer at K ...
CEO Compensation Analysis
Compensation vs Market: Amin's total compensation ($USD31.90M) is above average for companies of similar size in the US market ($USD626.05K).
Compensation vs Earnings: Amin's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 1.58yrs | US$31.90m | 4.72% $754.4k | |
| Senior VP & CFO | 1.58yrs | US$19.13m | 3.54% $565.1k | |
| 1.58yrs | US$7.21m | 2.58% $412.7k | ||
| VP of Law & Corporate Secretary | no data | no data | 0.10% $16.6k | |
| Vice President of Sales | no data | no data | no data | |
| Vice President of Corporate Development | no data | no data | no data | |
| Vice President of Human Resources | 6.25yrs | no data | no data | |
| VP of Finance & Corporate Controller | no data | no data | 0.30% $48.6k |
1.6yrs
Average Tenure
Experienced Management: KLXE's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 1.58yrs | US$31.90m | 4.72% $754.4k | |
| Independent Director | 1.58yrs | US$972.93k | 0.14% $22.1k | |
| Independent Director | 1.58yrs | US$972.93k | 0.14% $23.1k | |
| Independent Director | 1.58yrs | US$972.93k | 0.22% $34.5k | |
| Independent Director | 1.58yrs | US$875.64k | 0.15% $24.1k | |
| Independent Director | 1.58yrs | US$875.64k | 0.11% $18.2k | |
| Independent Director | 1.58yrs | US$875.64k | 0.12% $18.5k | |
| Independent Director | 1.58yrs | US$875.64k | 0.11% $18.3k |
1.6yrs
Average Tenure
71yo
Average Age
Experienced Board: KLXE's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KLXE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.9%.
Top Shareholders
Company Information
KLX Energy Services Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: KLX Energy Services Holdings, Inc.
- Ticker: KLXE
- Exchange: NasdaqGS
- Founded: 2018
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$15.971m
- Shares outstanding: 24.74m
- Website: https://www.klxenergy.com
Number of Employees
Location
- KLX Energy Services Holdings, Inc.
- 3040 Post Oak Boulevard
- 15th Floor
- Houston
- Texas
- 77056
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KLXE | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Aug 2018 |
| KX4 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 2018 |
Biography
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 a range of 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. Its completions activities include a range of services, such as pressure control services, frac valve and flowback and testing services, wireline services, well testing and nipple-up services, downhole completion tools, downhole extended-reach technology, HAVOK motor bearing assembly, and coiled tubing services. The company’s intervention services consist of technicians and equipment that are focused on providing customers engineered solutions to downhole complications. Its production services include maintenance related intervention services, as well as specifically required products and equipment. The company was incorporated in 2018 and is headquartered in Houston, Texas.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/05 06:12 |
| End of Day Share Price | 2020/04/03 00:00 |
| Earnings | 2020/01/31 |
| Annual Earnings | 2020/01/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.