KLX Energy Services Holdings, Inc. Provides Earnings Guidance for Two Months and for the Fourth Quarter Ended December 31, 2021
December 10, 2021 at 10:00 am EST
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KLX Energy Services Holdings, Inc. provided earnings guidance for two months and for the fourth quarter ended December 31, 2021. For the abbreviated 2-month quarter, The company expects revenue to be in the $90 million to $95 million range.
For the pro forma fourth quarter, the company expects to generate revenue between $140 million and $145 million.
KLX Energy Services Holdings, Inc. is a provider of diversified oilfield services to onshore oil and natural gas exploration and production companies operating in both conventional and unconventional plays in all of the active basins throughout the United States. It operates in three segments: the Southwest Region (the Permian Basin and Eagle Ford Shale), the Rocky Mountains Region (the Bakken, Williston, DJ, Uinta, Powder River, Piceance, and Niobrara basins) and the Northeast/Mid-Con Region (the Marcellus and Utica Shale as well as the Mid-Continent STACK and SCOOP and Haynesville). Its primary services include directional drilling, coiled tubing, hydraulic frac rentals, fishing, pressure control, wireline, rig-assisted snubbing, fluid pumping, flowback, testing, pressure pumping, and well control services. Its primary rentals and products include hydraulic fracturing stacks, blow out preventers, tubulars, downhole tools, dissolvable plugs, composite plugs, and accommodation units.
KLX ENERGY SERVICES HOLDINGS, INC. 
