---
schema_version: "secwatch.filing_event.v1"
accession: "0001738827-22-000033"
form_type: "8-K"
ticker: "KLXE"
cik: "0001738827"
company_name: "KLX Energy Services Holdings, Inc."
filed_at: "2022-09-28T23:59:59+00:00"
generated_at: "2026-06-23T07:00:38.419290+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KLX Energy extends ABL maturity to 2024, raises Q3 guidance: revenue growth 16-18%, adj EBITDA margin 14-16%

## Summary
- Credit agreement maturity extended to Sept 15, 2024; margin increased 0.50%; LIBOR replaced with Term SOFR.
- Pro forma liquidity at Aug 31, 2022: $84M ($39M cash + $45M availability) vs $69M actual.
- Q3 2022 revenue growth guidance raised to 16-18% from prior 9-13%.
- Q3 2022 adjusted EBITDA margin guidance raised to 14-16% from prior 10-12%.
- Company reaffirms positive free cash flow in second half of 2022.

## SEC filing metadata
- accession: 0001738827-22-000033
- form_type: 8-K
- ticker: KLXE
- cik: 0001738827
- company_name: KLX Energy Services Holdings, Inc.
- filed_at: 2022-09-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1738827/000173882722000033/0001738827-22-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1738827/000173882722000033/klxe-20220928.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001738827-22-000033
- JSON: https://secwatch.observer/filing/0001738827-22-000033.json
- Plain text: https://secwatch.observer/filing/0001738827-22-000033.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.