KLX Energy Services Holdings, Inc. (NasdaqGS:KLXE) is looking for acquisitions. On June 14, 2021, the Company entered into an Equity Distribution Agreement (the 'Agreement') with Piper Sandler & Co. as sales agent (the 'Agent'). Pursuant to the terms of the Agreement, the Company may sell from time to time through the Agent (the 'Offering'), the Company's common stock, par value $0.01 per share, having an aggregate offering price of up to $50,000,000 (the 'Common Stock'). The Company plans to use the net proceeds from the Offering, after deducting the Agent's commissions and the Company's offering expenses, for general corporate purposes, which may include, among other things, paying or refinancing all or a portion of the Company's then-outstanding indebtedness, and funding acquisitions, capital expenditures and working capital.
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. 
