KLX Energy Services (NASDAQ:KLXE) Posts Quarterly Earnings Results, Beats Expectations By $0.06 EPS

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

KLX Energy Services Stock Up 3.1 %

Shares of KLXE traded up $0.14 during trading hours 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 debt-to-equity ratio of 105.76, a quick ratio of 1.08 and a current ratio of 1.24. The company has a market cap of $78.40 million, a PE ratio of -1.57 and a beta of 1.98. The firm’s 50 day moving average is $5.10 and its 200-day moving average is $5.34. KLX Energy Services has a 52 week low of $3.76 and a 52 week high of $8.13.

KLX Energy Services Company Profile

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.